Connect with us

Hi, what are you looking for?

New Products

High-end Entertainment Systems Market Projected to Nearly Double in Five Years

455678.gif

Adoption of networking technologies will make installed home theaters and multiroom audio systems more affordable, opening up this market to more consumers at low-to-medium income levels, according to Parks Associates’ new report High-end Entertainment Systems: Analysis and Forecasts.

Total U.S. revenues for installed home theaters and multiroom audio systems will grow from $6 billion in 2007 to more than $11 billion by 2012, and analysts forecast the number of new installations to grow 67% over the same period, from 166,000 per year in 2007 to 277,000 by 2012.

“The high-end A/V market is in a major stage of transition,” said Bill Ablondi, Director, Home Systems Research, Parks Associates. “Digital content is approaching the performance and quality of analog media, with the added flexibility only digital content offers. Reduced costs coupled with advancements in wireless and powerline networking technologies are also growing the retrofit portion of the market, at a time when mid-market construction is slowing down. Soon PC-based systems from companies such as Dell, HP, and Cisco will compete for customers who traditionally purchased systems from JBL, Sony, and Yamaha.”

“Currently, the majority of high-end A/V customers are wealthy,” Ablondi said. “In addition, most installed entertainment systems are sold into new homes or homes going through a major renovation. This mix will change as builders, installers, and integrators become more accepting of ‘no-new-wires’ technologies.”

High-end Entertainment Systems: Analysis and Forecasts features surveys and research of principals in the home systems installation channel and updated forecasts for home theater, multiroom audio and media server systems, and home entertainment networks.

For more information, visit http://www.parksassociates.com

About Parks Associates:
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.

Each year, Parks Associates co-hosts executive thought leadership conferences CONNECTIONS™ and CONNECTIONS™ Europe in partnership with the Consumer Electronics Association (CEA). In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Latest Products

iFi Go Blu Air Dongle DAC clipped to blue jeans

Dongle DACs

iFi GO blu Air is a compact $129 Bluetooth DAC with LDAC, aptX, balanced outputs, XBass, XSpace, and 10-hour battery life for IEMs and...

Sonus faber Amati Supreme Floorstanding Loudspeaker Pair Front and Side View Sonus faber Amati Supreme Floorstanding Loudspeaker Pair Front and Side View

Floorstanding Speakers

Sonus faber Amati Supreme: 4.5-way, cork-damped mids, silk dome tweeters, matte aluminum cabinets—Italian design with espresso-shot flair, not your grandfather’s hi-fi.

Bluesound Pulse Cinema Soundbar Lifestyle Bluesound Pulse Cinema Soundbar Lifestyle

New Products

Bluesound launches PULSE CINEMA and PULSE CINEMA MINI soundbars with Dolby Atmos, BluOS multi-room streaming, and support for existing Bluesound speakers as wireless rears.

Trinnov AltitudeCI Closeup Angle Trinnov AltitudeCI Closeup Angle

A/V Receivers & Preamp/Processors

The Trinnov AltitudeCI is a scalable, networked AV processor delivering immersive audio from high-end media rooms to DCI-grade cinemas.

Bookshelf Speakers

DALI KUPID delivers compact, high-performance Hi-Fi sound with custom drivers, dual-flare bass, and broad amp compatibility under $400.

BenQ W4100i 4K Projector Ceiling Mounted BenQ W4100i 4K Projector Ceiling Mounted

New Products

Experience cinematic 4K HDR at home with the $2,999 BenQ W4100i 4LED projector featuring AI Cinema Mode, deep blacks, 3D support, and smart streaming.

Gift Ideas?

Ultra High-end Audio and Video 2025 Gift Guide

Floorstanding Speakers

Ultra luxury hi-fi loudspeakers, audiophile components, and a movie player you have to hear (and see) to believe.

You May Also Like

Advertisement

ecoustics is a hi-fi and music magazine offering product reviews, podcasts, news and advice for aspiring audiophiles, home theater enthusiasts and headphone hipsters. Read more

Copyright © 1999-2024 ecoustics | Disclaimer: We may earn a commission when you buy through links on our site.



SVS Bluesound PSB Speakers NAD Cambridge Audio Q Acoustics Denon Marantz Focal Naim Audio RSL Speakers