Future looking good for PVR products

DESPITE THE FACT THE Personal Video Recorder (PVR) market is starting to show early signs of maturation, the long term prospects for such technology is bright, reports research firm In-Stat. The maturation signs include expanding geographic availability of PVR products, particularly into Europe and Asia, and a leveling out of both PVR unit shipments and product revenues, says an In-Stat report. In 2008, PVR product unit shipments are forecasted to surpass 22.6 million, up from 19.6 million in 2007. "Long-term prospects for the market remain bright, as strong demand from pay-TV service providers for PVR-enabled digital set top box products...