US Researcher In-Stat says that the Digital Video Recorder market (it calls its PVR) is slowing down. DVRs are available in a wider geographical area and shipments have leveled out in established markets. Product revenues are also leveling out and 2008 unit shipments will reach just under 23 million compared to just under 20 million last year, around a 15% increase only and by 2011, global DVR annual units will reach 31.6 million.
‘Long-term prospects for the market remain bright, as strong demand from pay-TV service providers for PVR-enabled digital set top box products will sustain growth,’ says Mike Paxton, In-Stat analyst. The researcher says that global installations reached 44.6 million at the end of 2007, up from 33.9 million at the end of 2006.
TiVo remains the top DVR service provider, measured by total service subscribers. The rest of the top five DVR service providers are EchoStar, Comcast, Time Warner Cable, and BSkyB.