PVR Sales Up 155%

May 28, 2005

ZDnet reports that PVRs are selling like hotcakes.

In May 2004, only 3.6 million households worldwide had access to a PVR service. This phenomenal increase in PVR households has benefited service providers such as TiVo and EchoStar.

According to the market researcher, hardware vendors had a windfall in 2004, with shipment volume jumping to 11.4 million units, up from 4.6 million pieces sold in the previous year. The phenomenal growth, a result of increasing awareness about time-shifting television programming, resulted in PVR revenue more than doubling to $4.3 billion from $2.1 billion in 2003.

For me, a TV without a PVR is kind of like a computer without an Internet connection — I know that there are people who still have them, but I can’t for the life of me figure out what they’re doing with them.

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