SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Despite consumer confidence being at its weakest point in over a decade, the worldwide market for digital radio experienced year-over-year growth of 85% between 2007 and 2008, reports In-Stat (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.in-stat.com&esheet=5938854&lan=en_US&anchor=http%3A%2F%2Fwww.in-stat.com&index=1). Asia/Pacific, primarily Korea, was the main driver of the growth seen over this time period.

"Moving into 2009, developed economies are significantly impacted by the economic turndown. However, developing parts of Asia/Pacific are still experiencing growth in digital radio shipments," says Stephanie Ethier, In-Stat analyst. "The reality of the math is that even modest adoption in heavily populous countries such as China and India drives a large impact in global shipments."

Recent research by In-Stat found the following:

• Worldwide, the market for both satellite and terrestrial digital radio, combined, will grow to over 55 million unit shipments in 2012.
• Key suppliers of semiconductor digital radio integrated circuits (ICs) for this market include Frontier Silicon, NXP, ST Microelectronics and Texas Instruments.
• A variety of digital radio broadcast standards are being deployed, largely on a geographic basis. Among these include iBiquity's IBOC technology, Eureka 147 (also referred to as digital audio broadcasting (DAB)), terrestrial integrated services digital broadcasting (ISDB-T), Satellite digital audio radio services (S-DARS), and Digital multimedia broadcasting (DMB).

The research, "Worldwide Demand for Digital Radio Continues to Rise" (#IN0904072ID), covers the worldwide market for digital radio, including satellite and terrestrial. It includes:

• Analysis of key digital radio developments for select countries around the world.
• Unit shipment, average selling prices and revenue forecasts for digital radio receivers, by geographic region, segmented for satellite and terrestrial radio.
• Forecast of US Satellite Radio Subscribers.
• Vendor profiles of select digital radio IC competitors.

For more information on this research or to purchase it online, please visit: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.instat.com%2Fcatalog%2Fwcatalogue.asp%3Fid%3D27&esheet=5938854&lan=en_US&anchor=http%3A%2F%2Fwww.instat.com%2Fcatalog%2Fwcatalogue.asp%3Fid%3D27&index=3 or contact a sales representative: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.instat.com%2Fsales.asp&esheet=5938854&lan=en_US&anchor=http%3A%2F%2Fwww.instat.com%2Fsales.asp&index=4

The price is $2,495.

About In-Stat

In-Stat's market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology and semiconductor vendors, infrastructure and device manufacturers, service providers and media companies worldwide rely on partnerships with In-Stat's tenured, experienced staff and on our in-depth market intelligence to support critical business, product and technology decisions.

In-Stat is a strategic segment of the $9 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the U.S.

Contacts

In-Stat
Stephanie Ethier, Senior Analyst, 781-734-8352
stephanie.ethier@reedbusiness.com
Elaine Potter, Marketing Coordinator, 480-483-4441
epotter@reedbusiness.com