Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 321

Audio & Video Equipment Market Report 2019

Posted by fidest press agency su sabato, 19 ottobre 2019

The “Audio And Video Equipment Global Market Opportunities And Strategies To 2022” report has been added to ResearchAndMarkets.com’s offering. Where is the largest and fastest growing market for the audio and video equipment market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more. The report describes and evaluates the global audio and video equipment market. It covers two five-year periods, 2014 to 2018, termed the historic period, and 2018 through 2022, the forecast period. The global audio and video equipment market reached a value of nearly $160.4 billion in 2018, having declined at a compound annual growth rate (CAGR) of -1.86% since 2014, and is expected to marginally decline at a CAGR of -0.05% to nearly $160.1 billion by 2022. Growth in the historic period resulted from the rise in disposable incomes, increased internet penetration, the increased popularity of audio and video broadcasting, high investments in electronic product manufacturing, and growth in e-commerce for consumer electronics. Factors that negatively affected growth in the historic period were changes in consumer preferences. Going forward, economic growth, technological advances, growing demand and shrinking life cycle of consumer electronics will drive growth. Factors that could hinder the growth of the audio and video equipment market in the future include increasing interest rates, shrinking product lifecycles, and changing regulations.
The audio and video equipment market is segmented by the type of equipment into audio equipment and video equipment. The video equipment market was the largest segment of the audio and video equipment market by type of equipment in 2018 at 78%. The video equipment market is expected to be the fastest-growing segment going forward at a CAGR of 0.6% and is expected to be the largest segment by 2022.

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