The changing of the guard in our living rooms is truly here. iSuppli is reporting a 20% compound annual increase in the shipment of HDTV's. This growth will move numbers from 97.1 million units last year to 241.2 million by 2012. Conversely, their statistics also show shipments of Standard Definition TV's will decline 27% from 114.8 million last year to 23.1 million by 2012.
According to Sheri Greenspan of iSuppli:
"This means the costs to providers to generate and deliver HD content is becoming minimal, and that savings is being passed along to the eager consumers who are waiting anxiously to view HD on their TV or Internet."
Even the current numbers show HDTV shipments will reach 124.2 million units, while Standard TV shipments fall to 86.6 million. A dramatic shift in just a few years.