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Article: Frost & Sullivan - Digital and HDTV Transition Expected to Rejuvenate Market.
- Article from:
- PR Newswire
- Article date:
- January 25, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOUNTAIN VIEW, Calif., Jan. 25 /PRNewswire/ -- The introduction of digital and high-definition television (HDTV), is expected to prompt a significant rise in the demand for a wide-range of advanced video production and post-production equipment; but are we expecting too much? Despite the government mandate to deploy HDTV, the transition is likely to be slow, with many broadcasters choosing conversion rather than replacement of existing equipment.
According to new strategic research from Frost & Sullivan (www.frost.com), U.S. Video Production and Post-Production Equipment Markets, the market is forecasted to grow at the compound annual growth rate of 5.7 percent ...