Home theater is a system designed to mimic the performance of a commercial theater. Electronic audio and video equipment are set up in a room to recreate the experience of a movie theater.
Over the past couple of decades, technological advancement has transformed home theater equipment by providing high-resolution screen image and better sound quality. The adoption rate of home theater systems has increased owing to incorporation of innovative video and audio technologies such as DTS Virtual:X and Atmos theater.
Rise in urbanization, prominence of audio technologies, growth in disposable income, and change in consumer preferences drive the growth of the global home theater market. Fierce competition with presence of small enterprises is projected to limit the market growth. Faster Internet connectivity and high-speed data streaming in these systems create new opportunities in the industry.
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The global home theater market is segmented
based on geography across
Middle East & Africa.
Compony profile include operating in the industry are
Bowers & Wilkins,
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These manufacturers have adopted collaborations, expansion, mergers & acquisitions, new products launch, joint ventures, partnerships, and others to gain competitive edge and sustain in the market.
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