Allied Market Research

2024

Digital Devices Technologies Market

Digital Devices Technologies Market Size, Share, Competitive Landscape and Trend Analysis Report, by Software and Hardware and, by Digital TV Products : Global Opportunity Analysis and Industry Forecast, 2023-2032

CG : Consumer Electronics

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Author's: | Roshan Deshmukh
Publish Date:

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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 as historic revenue
  • Geographic analysis provides insights to companies to develop strategies according to trends in specific regions

Digital Devices Technologies Market Report Highlights

Aspects Details
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By Software and Hardware
  • MPEG2
  • H.264/MPEG-4
  • High-definition multimedia interface
  • Composite video
  • Component video
  • Separate video
  • Wi-Fi
  • Video graphics array
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By Digital TV Products
  • Cathode-ray tube TV
  • Liquid crystal display televisions
  • Plasma Projection
  • Three-dimensional TV
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By Region
  • North America  (U.S, Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

LG Electronics,, Panasonic,, Cisco Systems,, Sony., Bose Inc.,, Motorola,, Samsung,, Philips,, Dolby Inc.,, Hitachi,

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Digital Devices Technologies Market

Global Opportunity Analysis and Industry Forecast, 2023-2032