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Tech Industry

Short: $100 million in DVD ROM sales by 1999

DVD ROM software could generate revenues of $100 million annually by 1999, and will begin to take revenues away from CD-ROMs beginning in 1997, according to a research report from SIMBA Information. In 1995, $1.47 billion was spent on multimedia CD-ROMs in the United States, and sales are estimated to increase 74 percent to $2.56 billion in 1996 before DVD ROM and online multimedia start encroaching its territory.

DVD ROM software could generate revenues of $100 million annually by 1999, and will begin to take revenues away from CD-ROMs beginning in 1997, according to a research report from SIMBA Information. In 1995, $1.47 billion was spent on multimedia CD-ROMs in the United States, and sales are estimated to increase 74 percent to $2.56 billion in 1996 before DVD ROM and online multimedia start encroaching its territory.