Clermont Crew

The number of households subscribing to personal video recorder (PVR) services has grown to 9.2 million, up about 155 percent from a year ago, according to a new study from market-research firm-In-Stat. In May 2004, only 3.6 million households worldwide had access to a PVR service.

Hardware vendors had a windfall in 2004, with PVR shipment volume jumping to 11.4 million units, up from 4.6 million pieces sold in the previous year.

“The deployment of PVR products has been success story for both pay-TV service providers and consumer-electronics manufacturers,” Mike Paxton, an In-Stat senior analyst, said in a release. “While the current growth of PVRs is being spurred by satellite-TV set-top-box products and DVD recorders with built-in hard drives, other product segments like cable-TV set-top-box based PVRs are also flying off the shelves”.

In addition, a recent In-Stat survey revealed that 89 percent of households were either “extremely satisfied” or “very satisfied” with their PVR service.

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