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Global Home Theater Market Outlook 2022
SKU ID : QYR-19610672 | Publishing Date : 29-Nov-2021
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Home entertainment includes components such as TV and several other premium level content in both electronic as well as physical format from which the revenue for this market is generated. The revenues come from rental, sell and subscription models. Further, consumers as well as advertisements are the sources for revenues.
The growth of smart homes to be one of the primary growth factors for the home theatre market. Smart homes are equipped with connected devices that communicate with each other and provide enhanced consumer experience. Vendors are offering enhanced home theatre systems equipped with assistant functionalities for smart homes. Latest home cinema systems are being equipped with Alexa or Echo, that make the voice assistance device compatible with home theatre systems. Additionally, Google Chromecast devices are media streamers that must be connected to a high-definition multimedia interface (HDMI)- equipped receiver. Receivers or speakers inbuilt with Chromecast can be directly paired with Google Home.
The global Home Theater market was valued at US$ 6210.9 million in 2020 and is expected to reach US$ 10040 million by the end of 2027, growing at a CAGR of 6.6% during 2021-2027.
This report focuses on Home Theater volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Home Theater market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Home Theater Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Home Theater Speakers
Sound Bar
Segment by Application
Online Retail
Offline Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bose
LG Electronics
Panasonic
SAMSUNG
SONY
The growth of smart homes to be one of the primary growth factors for the home theatre market. Smart homes are equipped with connected devices that communicate with each other and provide enhanced consumer experience. Vendors are offering enhanced home theatre systems equipped with assistant functionalities for smart homes. Latest home cinema systems are being equipped with Alexa or Echo, that make the voice assistance device compatible with home theatre systems. Additionally, Google Chromecast devices are media streamers that must be connected to a high-definition multimedia interface (HDMI)- equipped receiver. Receivers or speakers inbuilt with Chromecast can be directly paired with Google Home.
The global Home Theater market was valued at US$ 6210.9 million in 2020 and is expected to reach US$ 10040 million by the end of 2027, growing at a CAGR of 6.6% during 2021-2027.
This report focuses on Home Theater volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Home Theater market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Home Theater Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Home Theater Speakers
Sound Bar
Segment by Application
Online Retail
Offline Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bose
LG Electronics
Panasonic
SAMSUNG
SONY
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
