Digital Downloads to Overtake Physical Media by 2017?
Research firm SNL Kagan predicts 2017 will be the year Digital Distribution takes over physical media! The study goes on to claim DVD’s market share which currently stands at just over 97% will be lost to Blu-ray which take the market at 59.7% by 2014. Wade Holden of SNL Kagan had this to say,
“Blu-ray will be the driving force behind the video retail market throughout the next decade.The current economic climate, however, will slow the growth of this new format and likely keep it from reaching the heights that it may have in better times. VOD services will continue to improve in both technology and content over the next decade and begin to draw consumers away from Blu-ray and DVD by 2017.”
Bold claims, although we tend to disagree, by 2014 we predict a new physical competitor (Flash Media?) will already be on the market and be battling not only Blu-ray but DVD as well.
[Via Tech Radar]