Digital devices technologies market for living room provides products that use varied technologies to give enhanced digital output for consumer products such as television home theatre etc. The global home entertainment market stood at $103 billion in 2011. Digital technologies for living room are expected to be a significant part of home entertainment; therefore, market is expected to grow at a good rate. The digital devices in living room have become the central attraction point for homeowners as it adds value and attractiveness to the living rooms. Therefore, this is a key driver for the growth of this market, as it has been observed that most of the shopping time of families is centered on shopping for these devices.
However, most of the digital technologies are costly as the devices use highly digitalized techniques; thus, the development cost of technologies is very high. Therefore, this is a major restraint for the growth of the market. Technology providers for the digital living room devices are striving to overcome this challenge so that more consumers can enjoy the benefits of the technology.
Key players profiled in this report are Bose Inc., Cisco Systems, Dolby Inc., Hitachi, LG Electronics, Motorola, Panasonic, Philips, Samsung, and Sony.
KEY BENEFITS
- This report is segmented on the basis of hardware& software, products and geographies and the analysis of these segments provides market intelligence so that companies can understand the trends in each segment and make precise decisions regarding investments
- The report evaluates and ranks the drivers, restraints and opportunities of the market according to their impact on the current market conditions and projected future trends
- Value chain analysis offers insights into the role of various stakeholders of the market
- Porter’s five forces analysis discusses the potency of buyers & suppliers and the threat of substitutes and new entrants
- SWOT analysis and strategic developments are included in the report for key players so that companies can understand the competitive scenario of the market and alter their plans accordingly
- Market estimations are calculated as per the current market situation and projected future trends for the period as historic revenue
- Geographic analysis provides insights to companies to develop strategies according to trends in specific regions
Digital Devices Technologies Market Report Highlights
| Aspects | Details |
 By Software and Hardware |
|
 By Digital TV Products |
|
 By Region |
|
 Key Market Players | Motorola,, LG Electronics,, Dolby Inc.,, Sony., Philips,, Samsung,, Cisco Systems,, Hitachi,, Bose Inc.,, Panasonic, |
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