A virtual press conference from Sound & Video Contractor

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

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 or contact 972-490-1113 or sales@parksassociates.com.

Revolabs at InfoComm 2014:
Introducing the Extron Qualified Independent Programmer Group
Listen Technologies Releases ListenPoint 2.0 for Enriched Educational Environments
Heather Nova Takes HARMAN’s Soundcraft Si Expression 1 On European Tour
Masque Sound’s Custom Audio Package Shines with Shimmering Splendor for Broadway’s New Musical Comedy, Aladdin
Hannes Arch, Co-Developer of HARMAN’s AKG AV100 Aviation Headphones, Wins Red Bull Air Race World Series
AATNY Chooses Martin Audio For Skylark Lounge
DJ Young 1 and Stanton Had Everyone Hoppin’ At the 136th Annual White House Easter Egg Roll
Singer-Songwriter Frank Turner Shines on Tour With HARMAN’s Martin Professional
METRIC HALO ULN-8’s FRONT IMMERSIVE IDEAL – A RECORDING SESSION ON DISPLAY AT D.C. AREA MUSEUM

About

Stay up to date on the latest technology news. Select press representatives post company news several times a day. Check back often to get the latest news on product releases, mergers and acquisitions, and product applications. To be included in this virtual press conference, please contact The Wire.

Calendar

March 2008
M T W T F S S
« Feb   Apr »
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Your Account

Subscribe

Subscribe to RSS Feed

Subscribe to MyYahoo News Feed

Subscribe to Bloglines

Google Syndication