Friday, 5 November 2010

Every penny counts – credit crunch helps drive digital TV sales

18 months ago, as consumers we were being inundated with credit crunch survival tips – how to save more, go out and spend less, or make our nights in more entertaining. For the digital TV market at least, it seems, the latter has proved extremely fruitful.

New research released by Informa Telecoms & Media has found that despite the global economic downturn, the uptake of digital TV around the world has continued to grow. By December 31st this year, Informa calculates that approximately 85 million TV households will be added bringing the global total to 517 million. It predicts the digital TV universe to be one billion digital households strong by the end of 2015.

Staggering stats like this bring to life the huge transformation taking place in the TV industry today as new technologies change the way in which we receive and consume TV content. But what also really strikes me is how the results of this study highlight the prominence of the TV in global society.

In the interests of saving money, more people have turned to nights at home in front of the box, especially in the last couple of years. But with the rise of digital, our viewing experience has changed significantly to include on-demand, interactive red button features and tailored content – a world away from the TVs of old. Making staying in, the new going out.

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