Report ID: UCMIG25E2015
Report ID:
UCMIG25E2015 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global population's rapid rise in disposable income has an impact on residential expenditure on home theatres. Additionally, smart systems have become more popular over time as a result of efficient and wireless device communication. Market expansion is being driven by the escalating trend of smart homes in both developed and emerging countries. Bluetooth speakers that are already installed in smart homes can play music from smartphones and computers. Additionally, the demand for home theatres in the residential sector is being fueled by the increased disposable income in emerging markets, which is fueling the expansion of the AV receiver market. Over the forecast period, the AV receiver market is expected to rise as a result of manufacturers' increasing investments in creating AV receivers that are compatible with gaming consoles.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Consumer Electronics by segment aggregation, the contribution of the Consumer Electronics in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25E2015