SCOTTSDALE, Ariz., January 2, 2007 -
The conversion from analog radio to digital radio is well under way around the world and gaining momentum rapidly, reports In-Stat (http://www.in-stat.com). Worldwide, the market for digital radio receivers will grow from 5 million units in 2005, to almost 25 million unit shipments in 2010, the high-tech market research firm says.
“The primary factors contributing to this expected growth are falling receiver prices, an increase in the amount of compelling digital programming, significant boosts in promotion and advertising of digital radio, and enhanced functionality of digital radio receivers,” says Stephanie Ethier, In-Stat analyst. “Overall, digital radio is still an emerging market. Opportunities abound for retailers, broadcasters, automobile OEMs, and receiver manufacturers alike.”
Recent research by In-Stat found the following:
XM will hit 8 million subscribers, and Sirius will hit 6.3 million subscribers, by the end of 2006.
In 2006, 73% of respondents to an In-Stat US consumer survey were aware of HD Radio on some level.
In Europe, primarily the United Kingdom, digital audio broadcasting is the pervasive form of radio, with DAB radio receiver shipments outpacing analog radio receiver shipments this year.
Recent In-Stat research, In-Depth Analysis: More Consumers to Tune Into Digital Radio in 2007 (#IN0603159ID), contains five-year unit shipment, ASP, and revenue forecasts for digital terrestrial and digital satellite radios (including DMB receivers that are not integrated into mobile phones). The forecasts are provided for the Americas, Europe, and Asia. A US satellite radio subscriber forecast, as well as primary research data from a recent survey of US consumers, is also included.
For more information on this research or to purchase it online, please visit:
http://www.instat.com/catalog/Ccatalogue.asp?id=27 or contact a sales representative:
Eastern North America: Tina Sheltra, 480.609.4531; tina.sheltra@reedbusiness.com
Western North America: Erin McKeighan, 480.609.4551; emckeighan@reedbusiness.com
Outside of North America: http://www.instat.com/sales.asp
The price is $3,295 (US).
This research is part of In-Stat’s Portable & Emerging Consumer products service, which examines emerging portable media players, digital radios, and Internet access mobile phones, and provides coverage for dynamic markets such as handheld gaming devices and digital audio players. Supply and demand-side insights are combined to examine these rapidly evolving worldwide markets. The service explores competitors, market shares, shipments, platforms, semiconductors, consumer ownership, buying behavior, and consumer demand.
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In-Stat’s market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology and semiconductor vendors, infrastructure and device manufacturers, service providers and media companies worldwide rely on partnerships with In-Stat’s tenured, experienced staff and on our in-depth market intelligence to support critical business, product and technology decisions.
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