Largest Home Systems Integrator Revenues Increase 30 Percent in 2004
Eighth Annual CE Pro 100 List Released
FRAMINGHAM, Mass. — May 5, 2005 — CE Pro, the leading trade publication covering the installation and integration of the electronic home, has released its annual list and survey of the 100 largest multisubsystem integration companies. Data reveals a 30 percent growth in average revenues in 2004, which increased to $5.6 million per company.
“The CE Pro 100 has become a very diversified listing, and you only need to look at the first three companies listed to see that diversification,” says Jason Knott, editor. “The fact that there is a hybrid custom retailer (Tweeter), a pure custom installer (Audio Command), and a security installer (Brink’s) topping the list shows that integration companies are varying in organization, but bonded by their growing revenues.”
Highlights of the report include:
v Average revenue increases 30 percent from 2003, to $5.6 million
v CE Pro 100 installers are performing smaller installations, but a greater overall quantity
v Average revenue per installation has dropped significantly since 2001, to $2,472 per job, reinforcing this trend towards smaller installations and greater penetration of the market
v The largest company reported $80 million in custom-only revenues
v Staffing and managing expansion issues are the major challenges facing the group
v The fastest-growing product segment in 2005 is media servers
The study, which can be found in the May issue of CE Pro and at www.ce-pro.com, includes a complete listing of the 100 companies (actually 102 companies including ties), as well as their locations, revenues, revenue per installation, and many other pieces of critical data used to rate the companies. The CE Pro Web site also features expanded coverage of the article.
About CE Pro
CE Pro magazine is the leading trade publication that covers the installation and integration of the electronic home in its entirety, including home networking, whole-house automation, distributed audio, home theater, lighting control, energy management, telephone systems, security, CCTV, and fire detection. The first dedicated trade publication in the electronic home field boasts the largest circulation and is the only one to be BPA audited.
EH is the information leader and resource for the electronic home industry, reaching more than a half million electronic home professionals and consumers worldwide. Founded in 1994, EH has defined, cultivated and raised awareness of the $15 billion electronic home industry through its products, which include print publications, on-line publications, trade shows, and market studies. EH Publishing is the industry’s source for home technology information and market analysis, with the targeted publications: Electronic House, CE Pro, TechLiving, TecHome Builder and produces the Electronic House Expo (EHX), a semi-annual trade show and conference for electronic home professionals. EH Online is the industry’s source for cutting-edge home technology news, market analysis and product information.