Digital Devices for the Living Room: Technologies and Global Markets
June 27, 2011
Wellesley, Mass. – In a recent release, DIGITAL DEVICES FOR THE LIVING ROOM: TECHNOLOGIES AND GLOBAL MARKETS (IFT074A) from BCC Research (www.bccresearch.com), the total global market for digital living room (DLR) devices was $144 billion in 2010. That value is projected to reach $226 billion by 2015 as it increases at a compound annual growth rate (CAGR) of 9.4%.
The global market for DLR devices can be broken down into four regions. Asia held the greatest share of the 2010 market, worth $62.6 billion in 2010. This region will hold a projected $97.1 billion by 2015, growing at a CAGR of 9.2%.
North America was $43.0 billion in 2010, and should reach $60.9 billion by 2015, yielding a CAGR of 7.2%.
In 2010, Europe held $27.7 billion of the DLR device market and by 2015 should have $38.6 billion, for a CAGR of 6.9%
The rest of the world, whose 2010 value was $11.0 billion, should increase by 2015 to $29.2 billion at a CAGR of 21.5%.
The DLR device market should continue to grow at a healthy rate, driven by several different factors. Current consumer desire is to enjoy a theater quality experience at home, increasing sales of large screen TVs and other supplementary components like blu-ray players and surround sound systems. Other factors include falling prices due to maturing product manufacturing; the marriage of internet and TV, and the rise of the Asian middle-class consumer base.
This report will help to uncover DLR device architecture, device hardware and software interaction, growth factors within specific market segments, and market potential for each segment with five year projections.
Digital Devices for the Living Room: Technologies and Global Markets( IFT074A )
Publish Date: Jan 2011
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