ElectronicsWeekly.com: Blu-ray DVD markets in both the US and Europe continue to perform strongly now that the industry has a single standard to focus on.
By 2012, between 40% and 50% of consumer expenditure on video discs will be allocated to Blu-ray, according to a report from market analyst Futuresource. Market predicts suggest that close to 45 million Blu-ray discs will be sold in the US this year. This is a four-fold increase on last year. Uptake of the high definition DVDs is lower in Europe, but the UK Blu-ray disc market is growing.
“We expect 2% of unit sales in the lead markets of the UK and France to be on BD this year and this is likely to hit 5-6% next year,” said Mai Hoang, a lead analyst in the Futuresource Home Video team.
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