Recordable DVD technology is rapidly penetrating the market and replasing the CD-R as the primary file storage medium. According to the source, also stand-alone DVD-R Video Recorders are predicted a double or a triple digit growth.
According to Strategy Analytics, the number of DVD video recorder units sold in the US, Europe and Japan will rise from 2.7 million by the end of this year. This year's growth, notes Strategy, will represent a 108% jump over last year. Strategy predicts that DVD recorder unit sales will jump by 276% next year over this year.
Strategy believes that 42.1 million DVD recorder units will be sold in the US, Europe and Japan by 2008.