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Home theater market size is projected to exceed USD 28 billion by 2023. It refers to an audio system that can be interconnected with any video or audio device such as TV, DVD/Blu-ray player or any other sound systems. Rising number of smart homes across the world is anticipated to drive the industry growth over the forecast period.
This report studies Smart Home Theaters in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
Market Reports on India present the latest report on “India Home Audio Equipment Market” This report focuses on sales, market share and growth rate of Home Audio Equipment in each application.
Home Theatre Systems Global Market Report 2020 is the latest research report added to The Business Research Company database. The report is covered in 150 pages covering 5 major players in the industry.
Request Sample of Report @ http://bit.ly/2pJ515T Home audio networking, also known as whole home or whole house audio, refers to a network of audio devices such as stereo, computer, TV and speakers distributed across a house. Increased demand for such systems has led to the replacement of expensive cable and error prone audio systems.
More Details @ http://bit.ly/2cPuU8Q Home audio equipment market size was valued at USD 17.41 billion in 2014 and is expected to grow at a CAGR of 4% from 2015 to 2022. Increased demand for home audio networking coupled with technology innovation is likely to propel industry growth. Moreover, rising purchasing power of the customers is also expected to drive the home audio equipment market size over the next seven years.
Home Audio Equipment Market size is set to reach USD 23.97 billion by 2022; growing at 4.0%, as reported by Global Market Insights, Inc. Global home audio equipment market share is sustained by the need for continuous innovation to ensure growth. Increased implementation of surround sound speakers and multi-channel amplifier has encouraged audio systems installation.
The Global Home Theatre Market is expected to reach $13,050.2 million by 2025, growing at a CAGR of 8.3% during 2019-2025. The North America market dominated the Global Home Theatre Market by Region 2018, thereby, growing at a CAGR of 7.9 % during the forecast period. The Asia Pacific market is expected to witness a CAGR of 9.6% during. Full Report: https://www.kbvresearch.com/home-theatre-market/
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Get more information about the market: https://www.imarcgroup.com/home-audio-equipment-market A new research report by IMARC Group, titled “Home Audio Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth US$ 17 Billion in 2017. Request a sample report: https://www.imarcgroup.com/request?type=report&id=899&flag=B Browse more reports on Technology & Media Industry: http://www.imarcgroup.com/categories/technology-market-reports Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal
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The North America home audio equipment market is projected to record appreciable growth through the analysis period, owing to the rising popularity of video-on-demand services in the region. In 2019, nearly 46 per cent of the broadband households in the U.S. subscribed to two or more OTT services.
Request Sample of Report @ http://bit.ly/2cPuU8Q Growing trend of IoT and connected devices is encouraging the consumers to buy connected household entertainment systems. Increasing integration of mobile apps with these devices as a point of interaction with the equipment is driving the home audio equipment market. The devices are being increasingly equipped with Bluetooth and Wi-Fi, increasing the flexibility of these devices to be operated using a smartphone.