An international study on high definition (HD) television by SNL Kagan revealed that the US leads the global pay-HDTV market with 6 million homes expected to access those services via cable, satellite or IPTV subscriptions by the end of this year. The study, entitled Global High Definition Television Trends, examines multichannel markets in Australia, Brazil, Canada, France, Germany, Italy, Japan, Mexico, the UK and the US.
The study found that Japan, with the inclusion of free HDTV, has the largest HDTV base overall, with 9.2 million households by the end of this year. SNL Kagan predicts that by the end of 2008, the US will will have 6 million additional homes adopting HD.
Although the US and Japan are market leaders by volume, Canada and France lead the world in HDTV penetration of pay-TV households.
SNL Kagan estimates that the top ten HDTV markets will generate aggregate HDTV video service revenues in excess of $1 billion in 2007, $11 billion by 2014 and $12 billion by 2016.
