Over the course of this system War, the debate about Blu Ray has raged on from all sides. While its impact on games might be evident by more PS3 exclusives being nominated for Best Graphics awards than other console exclusives, one thing is certain, the Blu-Ray movie industry is now a billion dollar market that only one console is apart of.
In 2009 consumers spent $1,500,000,000.00ish on Blu Ray products. Software sales are up 70%, rental sales are up 48%. In contrast, digital distribution was up only 32%; and, because DVD's continue to do so poorly total annual spending on DVD's and Blu-Rays combined was down 13%. Roughly $500,000,000.00 was spent on blu-ray titles in the fourth quarter alone, which accounted for 13.4% of all sell-through sales. Also, 17 million households now have a blu-ray player which is up 76% over 2008.
As blu-ray continues to take away market share from DVD, the PS3 will continue to look like the best choice for someone wanting a game console that is capable of playing the best movies on the market. As a owner of over 70 blu ray titles, I am not surprised to see the PS3's popularity grow month by month. These figures tell us a couple of things. Most importantly, Blu-ray will be staying around for awhile so don't be surprised if the next generation of consoles have blu-ray drives. Secondly, it proves to us that people are willing to pay more for a higher quality product, even when the economy is horrible. Lastly, as stated above, the PS3 is the only console that is apart of a billion dollar plus market and that may be the deciding factor of who comes out on top in 2010.
Source
What do you think?
Log in to comment