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U.S. sales of Blu-ray players soar: NPD Group
- — 07 May, 2009 07:33
Kogan Technologies Blu-ray Player Full HD 1080P
U.S. consumers are warming to Blu-ray disc players in a big way, according The NPD Group, a market research firm. First quarter 2009 sales of standalone Blu-ray players in the U.S. topped 400,000 units, a significant 72 per cent increase over Q1 2008.
Two trends are leading the sales surge: A rising number of HDTV owners seeking high-def content, and cheaper Blu-ray players.
"The rising penetration of high-definition televisions and lower Blu-ray player prices are broadening the format's market opportunity," said NPD Group analyst Ross Rubin in a prepared statement.
And while HD movie fans have a growing number of online alternatives to physical media, including high-def flicks on iTunes and Amazon Video on Demand, "Blu-ray is carrying forward the widespread appeal of DVD into the high-definition marketplace," says Rubin.
It's likely that part of that appeal is the fact that Blu-ray looks and acts like DVD. There's little if any learning curve, particularly if you simply want to play discs and not fuss with Blu-ray's more innovative features, such as Ethernet connectivity and Internet streaming via Netflix, CinemaNow, and other online providers.
If you're familiar with DVD -- and everybody is at this point -- the transition to Blu-ray appears painless. Simply slip a disc into the player, and you're good to go. While online services aren't necessarily complex, many users are reluctant to try something new.
The NPD Group report also illustrates how dramatically Blu-ray player prices have fallen in the past year. The average selling price has plummeted 34 percent -- from US$393 in Q1 2008 to US$261 in Q1 2009. Street prices are probably closer to $200 now, and some Blu-ray players could go for under $100 before the end of the year.