Blu-ray Momentum Slow According to Research Firm

Video Business is reporting that Blu-ray momentum is likely to remain slow for a year to 18 months according to ABI Research.

Consumers are likely to be waiting for future players with new interactivity technology such as Web-enabled BD Live and picture-in-picture functionality, the research firm said.

Also with a slowing U.S. economy, people will likely wait until Blu-ray player prices fall closer to $200.

ABI expects that the Playstation 3 will make up over 85% of 2008 player market share, and will remain the leader until 2013.

“Blu-ray player prices remain high, and supplies are limited,” ABI Research principal analyst Steve Wilson said. “This is good for the market, because most current players do not support all the functions that studios place on the discs. Lacking support for or upgradeability to BD Live or Bonus View (picture-in-picture), consumers cannot utilize all the available options. Manufacturers would rather sell more full-featured models.”

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