Content Providers Tell IMS Research They Want Higher 3D TV Set Penetration

AUSTIN, Texas--(BUSINESS WIRE)--As the dust settles from the hype around the World Cup in 3D, production companies and service providers around the world continue to explore the opportunities of 3D video in the home. In a recently published study on 3D, IMS Research identifies that by the end of 2010, over 50 broadcasters and pay-TV operators will be offering 3D services to the home.

“Increased adoption of 3D TV sets into homes will further propel investment in 3D content production. Currently, low penetration of 3D-capable displays in consumers’ homes is a leading concern of surveyed service providers, followed by lack of standardized 3D formats.”

Similar to theatrical 3D film releases, production of 3D content specifically for home consumption will see a significant increase over the next few years. Anna Hunt, report author and principal analyst at IMS Research, states, “Although right now there are only a few select operators and networks that have the resources to create and deliver a compelling 3D offering, most leading service providers and broadcasters around the world are considering how to enhance their premium offerings by incorporating 3D.” A survey of broadcasters and operators published in the study 3D Video & Gaming in the Home revealed that 75% of the companies surveyed plan to test or offer 3D over the next 18 months, out of which 20% have already launched 3D in some capacity.

Hunt adds, “Increased adoption of 3D TV sets into homes will further propel investment in 3D content production. Currently, low penetration of 3D-capable displays in consumers’ homes is a leading concern of surveyed service providers, followed by lack of standardized 3D formats.” IMS Research forecasts that by the end of 2014, 9% of worldwide TV households will have a 3D TV set. Penetration is expected to be much higher in the US, where 40% of TV homes at the end of 2014 are forecast to have a 3D TV.

About IMS Research

IMS Research (www.imsresearch.com) is a supplier of market research and consultancy services on a wide range of global electronics markets. The company is supported by headquarters in Wellingborough, UK and offices in Austin, Texas and Shanghai, China. IMS Research regularly publishes detailed research on consumer electronics, covering portable device, mobile handset, TV set, set-top box, and DVD markets, among others.