Home Entertainment Market in the US 2015-2019
About Home Entertainment
The Home Entertainment market in the US comprises films, TV programs, and other premium content available in both electronic and physical formats. The revenue comes from content in both physical and digital formats, and includes the revenue generated through rentals, sale, and subscription. With constant changes in consumer lifestyle and rapid development in many countries, consumers are buying different types of audio and video equipment with advanced features to enhance their entertainment experience at home. The Home Entertainment market in the US covers the sale and rental of DVDs and BDs. It also includes services such as OTT, Streaming, TV subscription, and EST.
TechNavio's analysts forecast the revenue of the Home Entertainment market in the US to grow at a CAGR of 9.90 percent over the period 2014-2019.
Covered in this Report
This report gives an overview of the Home Entertainment market in the US for the period 2015-2019 and takes into account the revenue generated from both physical and digital formats of audio and video. Rentals and sale of movies, TV programs, and other premium entertainment content on DVDs and BDs constitute the physical revenue, while the digital revenue considers on-demand services that offer movies, TV programs, and other premium entertainment content using VOD via TV subscription or from OTT/Streaming service providers. The report also includes a detailed study of the market according to the key geographical regions and key leading countries.TechNavio's report, the Home Entertainment Market in the US 2015-2019, has been prepared based on an in-depth market analysis, with inputs from industry experts. The report covers the landscape of Home Entertainment market in the US and its growth prospects in the coming years. The report also includes a discussion on the key vendors in this market.Key Vendors
Technavio Announces the Publication of its Research Report – Home Entertainment Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Home Entertainment Market in the US: Amazon.com Inc., Apple Inc., Comcast Corp., DIRECTV Inc., Dish Network Corp., Google Inc., Hulu LLC, Microsoft Corp. and Netflix Inc.
Other Prominent Vendors in the market are: Aspiro, Bertelsmann, Carrefour, Falcon Technologies International, Hitachi Maxwell, HMV Retail, JB Hi-Fi, Lions Gate Entertainment, Sharp, Taiyo Yuden, TDK, Umedisc and Walmart Stores
Commenting on the report, an analyst from Technavio’s team said: “Shift in consumer preferences is one of the key trends being witnessed in this market. A shift in consumer preference to digital home entertainment is reflected in the declining revenue of the physical distribution format and the rapid growth in revenue from the digital distribution format.”
According to the report, the latest generation of home entertainment devices equipped with Wi-Fi, network connectivity, and HDD, enable users to access online stores and download content directly. This eliminates the hassle of visiting a store to purchase physical disks, which are prone to damage by everyday wear and tear.
Further, the report states that piracy, in the form of file sharing, copying, and downloading content from illegal online sources is a major challenge for content providers. This rampant activity is difficult to police and reduces industry revenues, as the market is flooded with counterfeit, pirated, and low-cost content.
Amazon.com, Apple, Comcast, DIRECTV, Dish Network, Google, Hulu, Microsoft, Netflix, Aspiro, Bertelsmann , Carrefour , Falcon Technologies International, Hitachi Maxwell , HMV Retail, JB Hi-Fi , Lions Gate Entertainment , Sharp , Taiyo Yuden ,TDK , Umedisc , Wal-Mart Stores