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World Digital Devices Technologies Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773185
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 of 2013 - 2020 with 2012 as historic revenue
Geographic analysis provides insights to companies to develop strategies according to trends in specific regions

KEY MARKET SEGMENTS ANALYZED

GLOBAL MARKET, BY SOFTWARE AND HARDWARE

Popular Video Decoders

MPEG2
H.264/MPEG-4

Popular Connectivity Formats

High-definition multimedia interface
Composite video
Component video
Separate video
Digital visual interface
Universal serial bus
Wi-Fi
Video graphics array
Secure digital
Digital living network alliance

GLOBAL MARKET, BY DIGITAL TV PRODUCTS

Cathode-ray tube TV
Liquid crystal display televisions
Plasma TV
Projection TV
Three-dimensional TV

GLOBAL MARKET, BY SET-TOP BOX PRODUCTS

Basic set-top box
Internet protocol TV (IPTV)
Hybrid IPTV set-top boxes

GLOBAL MARKET, BY DVD PLAYER PRODUCTS

Basic DVD players
Standard-definition DVD players
Blu-ray DVD players

GLOBAL MARKET, BY OTHER PRODUCTS

Home Theater Systems
Digital Video Recorders

GLOBAL MARKET, BY GEOGRAPHY

North America
Europe
Asia-Pacific
RoW

KEY AUDIENCES

Suppliers of digital devices technologies
Manufacturers of digital devices for living rooms
Research organizations

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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