Sales of DVD players have fallen at the
lowest level for 7 years, leading experts
has warned that the Technology could
soon die out. The rising popularity of
internet downloading and digital vedio
recorders has been switched to watching
films and TV series virtually, rather than
keeping a hard copy. The trend could see
once dominant DVD go the way of tape
deck, vinyl LP and VHS players.
Sales of DVD are surviving in UK mainly on
account of rise of Blue-Ray , the high
definition of DVDs and fact that DVD
players now costs less than 20 Pounds
in supermarkets. But plummeting prices
mean the industry is less profitable.
Last year market in UK for DVD players
was worth 610 million pounds- down from
710 million pounds in 2005. By 2014 it may
shrunk to 475 millions pounds. Mintel
predicts, a market analyst.