AfterDawn: Tech news

HDTV market penetration at all-time high

Written by Andre Yoskowitz @ 16 Nov 2008 7:36 User comments (7)

HDTV market penetration at all-time high According to a new Leichtman Research study, one-third of all Americans now own an HDTV, putting market penetration at an all-time high. The number has doubled from 2006's figures.
Just over 22 percent of all US homes purchased a new HDTV in the last 12 months, and about 48 percent spent over $1000 USD for their new TV.

"About 40 million U.S. households now have at least one HDTV set, and LRG forecasts that this number will double over the next four years,"
noted Bruce Leichtman, President and principal analyst of Leichtman Research. "While more people than ever before have HDTV sets, educating consumers on HD programming remains an issue.

HDTV prices, whether they be for DLP, LCD or plasma screens, have been dropping exponentially over the past two years and 42 inch screens with full 1080p HD resolution can be found for under $1000 depending on the brand.



The study also says that 33 percent of current HDTV owners own more than one HDTV and that of the 67 percent that don't, 30 percent are planning to purchase a second TV in the next year.

Previous Next  

7 user comments

117.11.2008 10:51

Just picked up the 2nd one for my household. With prices dropping and transition to DTV in February, there is a lot of talk amongst my peers that they too will take the plunge. The number should rise significantly after the transition date.

217.11.2008 11:42

Of course the market penetration is at an all-time high. At any given date it is going to be "at an all-time high". Do you think people are going to be trading in their HDTV's for SDTV's? The market penetration is ONLY going to get higher every month.

317.11.2008 20:15

I'm holding on to my tube, who nows it might come in handy. leagacy equipment can be the life of the new world

417.11.2008 21:02
dvd_guy
Inactive

Oh boy, that is one stupid headline. What genius came up with that one?!
You might as well add that the age of the universe is at an all time high. Now, if it had said that SALES of HD equipment were at an all-time-high...that would be somewhat more interesting

517.11.2008 22:49

When I read the word "penetration" in the title. My mind went straight in the gutter.

617.11.2008 23:09

Originally posted by slickwill:
When I read the word "penetration" in the title. My mind went straight in the gutter.
Not to worry playboy will make sure there's some HD penetration going on.

720.11.2008 09:49

Take out all the non 1080, 2000+ contrast ratio TVs, its not quite there yet maybe in another 2-3 years.

Comments have been disabled for this article.

Latest news

Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....
1 user comment
Guide: Turn an Old Computer Into a Chromebook Easily and for Free Guide: Turn an Old Computer Into a Chromebook Easily and for Free (07 Jan 2023 2:11)
Do you know someone whose computer is way beyond its best-before date, and they, unfortunately, do know have the skills or the expertise to do much about it? Or do you own a pile of old laptop ....
3 user comments
How to Choose a Robot Vacuum? How to Choose a Robot Vacuum? (07 Jan 2023 9:12)
Robot vacuums are meant to make day-to-day life easier in several ways. When they are used efficiently, they can keep the house clean continuously - at least when it comes to floors. In addition, ....
4 user comments
Tech year 2022 wrapped up: The rise of the AI, EU to become the much-needed counterweight to tech giants, ... Tech year 2022 wrapped up: The rise of the AI, EU to become the much-needed counterweight to tech giants, ... (01 Jan 2023 2:11)
AfterDawn's wrap-up for the tech year 2022. The rise of the artificial intelligence was probably the most significant change that occurred during the year 2022, but there were many other interesting developments, too.
2 user comments
OPPO to follow Samsung, OnePlus: Promises 4 Android updates, 5 years of patches for upcoming flagships OPPO to follow Samsung, OnePlus: Promises 4 Android updates, 5 years of patches for upcoming flagships (21 Dec 2022 3:45)
OPPO has updated its official Android update policy. Phone manufacturer now promises four major Android operating system updates for its new flagship phones.
4 user comments

News archive