LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their updated report on the global home theater market. This new report will provide expert market insights for the forecast period 2018-2022.
Technavio’s new research report on the global home theater market evaluates the vital aspects of the market based on the present industry situation, market demands, and strategies. Market experts at Technavio aim to provide detailed market insights on many parameters that will impact the growth of this market over the next few years.
The report will revisit important topics such as drivers and trends influencing the market, geographical and product segmentation, and leading competitors. The global media industry is transforming rapidly because of the widespread availability of content on the internet. Devices such as tablets and smartphones can offer consumers the content of their choice at any time. Some of the significant areas that Technavio's market intelligence reports cover include the streaming of videos market, gaming market, and internet protocol television (IPTV) services market.
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Global opportunities for growth
Technavio’s previous report observed that the Americas dominated the global home theater market in 2016. The high market share of this region can be credited to the increasing preference of the consumers towards better visual and audio effects.
In the previous report, a senior research analyst at Technavio stated, “The increasing number of smart homes would spur the prospects for growth in the market. Home theaters play an important role in the functioning of smart homes because they replace the traditional audio systems in smart TVs and gaming consoles. Also, the increased spending capacity of consumers in developing countries across the globe is expected to be a significant factor that will promote growth in this market.”
Technavio’s report will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Competitive landscape and market share analysis of the key players
- Market opportunities and factors impeding growth
The report on the global home theater market for the period of 2018-2022 is available to order now and will be delivered within one week of purchase.
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