IDC has released a new report on the adoption of plasma and LCD TVs.

“The wow factor can’t be underestimated when it comes to adoption of flat TVs,” said Bob O’Donnell, director of Personal Technologies research at IDC. “People want the clearest, sharpest image they can find. Combine that with the right price point and a form factor you can hang on the wall, and people will be banging down the doors to buy.”

Sprouting from meager beginnings at the start of this century, flat-panel TVs accounted for just 0.5% of the worldwide TV market in 2000. As the market continues to accelerate, flat TVs will quickly account for 27% of the worldwide market by 2007. Adoption rates in the U.S. will be even more aggressive.

Visit IDC for more information on the report.