The DVD market has been growing at a faster rate than CD or VHS during the first two years in the United States, Europe and Asia.
Recently, the market investigation and study show that DVD has become the standard home video format video clips, and replaced video cassettes in the 5 years.
Yet DVD hardware sales reached 46 million units in 2000, including 21 million in the United States and 17 million in Europe. According to a report, different formats were included in the forecast.
The research also shows that worldwide shipments of set top DVD players will increase by 300 percent in 2000 and retail revenues across the United States, Europe and Japan rose up to by 220 percent to $7 billion.