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Home Entertainment 2012NEW YORK, Aug. 13, 2012 /PRNewswire via COMTEX/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Home Entertainment 2012 http://www.reportlinker.com/p0944837/Home-Entertainment-2012.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Small_Appliance Executive Summary The home entertainment market primarily consists of three main sectors: television, DVD, Blu-ray and video players; audio equipment; and PCs and games consoles. Key Note estimates the total market value to have declined by 1.2% over the past 5 years, from £7.32bn in 2007 to £7.23bn in 2011. This decline is principally down to slow economic recovery, following the recession of 2008/2009, with many consumers still refraining from spending on big ticket items, such as televisions and computers. In recent years, the home entertainment market has changed drastically, following new product developments and technological innovations, which have changed the face of the entertainment technology market, and drastically altered the way in which consumers access content and the Internet. The tablet computer and smartphones, in particular, have continued to increase in terms of popularity in recent years, and are predicted to continue to do so over the forthcoming years. This has had a somewhat negative effect on sales of other types of consumer media, for example portable and non-portable audio equipment and video games consoles, both of which have lost market share to Internet-connected devices such as tablets and smartphones. The latter are often multi-functional, allowing users to download music, watch videos and television series, access the Internet and play games. Within the television sector -- which accounts for the largest proportion of the home entertainment market -- HD devices continue to dominate; with innovations leading advances in television technology, many consumers are purchasing larger televisions with higher resolutions. On top of this, the digital switchover, due to be completed by the end of 2012, has led to many opting for a television with built-in Freeview or digital receivers. Indeed, according to the Communications Market Report: UK, which was published by Ofcom in 2011, the vast majority of homes now have a digital television, with 96% of people owning one. Technological innovations, such as three-dimensional (3D) technology, have also been introduced in recent years, however uptake has remained slow, with around 1% of the total number of televisions sold in the UK in 2011 being 3D-capable. Nevertheless, this area of the market is likely to drive sales of televisions over the next few years, as broadcasters such as Sky and Virgin Media continue to invest in their supply of 3D content to viewers. Key Note predicts that the home entertainment market will continue to grow over the next 5 years, boosted in particular by sales of televisions and PCs, despite other areas of the market -- especially portable audio equipment -- likely to observe decline. Overall, the market is forecast to increase by 4.7% in value terms, rising from £7.23bn in 2012 to £7.57bn in 2016. Table of Contents Home Entertainment 2012 Foreword Executive Summary Introduction OVERVIEW DEFINITION Television, DVD, Blu-Ray and Video Players Audio Equipment PC and Games Consoles Strategy Overview MARKET DYNAMICS AND SEGMENTATION Total Market Size By Market Sector ADVERTISING THE CONSUMER MARKET FORECASTS Television, DVD, Blu-Ray and Video BACKGROUND MARKET SIZE MARKET SECTORS Televisions DVD, Blu-Ray and Video Players CONSUMER TRENDS Television DVD, Blu-Ray and Video Players MARKETING ACTIVITY Television Sets and Satellite Systems DVD, Blu-Ray and Video Players DISTRIBUTION Audio Equipment BACKGROUND MARKET SIZE MARKET SECTORS Non-Portable Audio Equipment Portable Audio Equipment CONSUMER TRENDS Non-Portable Audio Equipment Portable Audio Equipment Method of Purchasing Music MARKETING ACTIVITY DISTRIBUTION PCs and Game Consoles BACKGROUND MARKET SIZE MARKET SECTORS PCs Games Consoles CONSUMER TRENDS PCs Games Consoles MARKETING ACTIVITY PCs Games Consoles DISTRIBUTION An International Perspective TELEVISION, DVD AND BLU-RAY PLAYERS AUDIO EQUIPMENT PCS AND GAME CONSOLES PEST Analysis POLITICAL The Digital Economy Act Spending Review ECONOMIC Gross Domestic Product Household Disposable Income SOCIAL Population Demographics MediaCityUK Floods in Thailand Affect PC Prices TECHNOLOGICAL The Digital Switchover 3D Technology in Home Entertainment Products Internet Access in the UK on the Rise Sky and Virgin Expand Services Internet-Connected Televisions Gaining in Popularity Tablet Computers to Remain Popular Digital Music Industry Continues to Grow Consumer Dynamics OVERVIEW BUYING BEHAVIOUR Buying Directly from a Shop/Department Store Buying Online REASONS FOR BUYING HOME ENTERTAINMENT EQUIPMENT "To Replace Something That Has Broken" "Necessary To Upgrade a Piece of Kit After Buying Something Else" "I Have to Have the Latest Gadgets" "See an Advertisement and Like What I See" "Want Something More Fashionable" "Prices Are More Affordable at the Moment" "Good Interest-Free Deals Available" FACTORS AFFECTING THE PURCHASE OF HOME ENTERTAINMENT EQUIPMENT "I Like a Well-Known Brand" "I Set a Budget and Keep Within That Budget" "I Look for Added Functions" "I Always Buy the Same Brand" "I Like Things That Look Good" "I Always Look For Free Added Accessories" "I Always Consider Extended Warranty Deals" TYPES OF DIGITAL TELEVISION SERVICE USED "Subscription (Cable, Satellite or Broadband Cable)" "Separate Digital Box (Freeview/Free-Sat/Free-Sat from Sky)" "Integrated (Freeview)" "I Don't Have Digital" METHOD OF WATCHING TELEVISION "As Aired" "Record and Play Later Using Facilities Such As Sky+ and Virgin Media/TiVo" "Use Watch Again or On-Demand Facilities via the Internet, e.g. BBC iPlayer" "Record and Play Later Facilities Using a DVD/HDD Recorder" METHODS OF PURCHASING MUSIC AND FILMS "Buying CDs/DVDs/Blu-Rays From a High-Street Store" "Buying CDs/DVDs/Blu-Rays Online" "Downloading From an Internet Website, e.g. iTunes" MAIN METHOD OF LISTENING TO MUSIC "Radio" "Hi-Fi" "Personal Music Player (MP3/MP4) Individually" "Personal Music Player Via a Docking Station" "Radio Via the Television" "Music On Demand/Via the Internet, e.g. Spotify" "Personal Music Player Via Cable Through Television/Hi-Fi System" "Radio on Internet" Company Profiles APPLE (UK) LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments DELL CORPORATION LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments HEWLETT-PACKARD LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments LG ELECTRONICS UK LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments MICROSOFT LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments NINTENDO CO LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments PANASONIC MANUFACTURING UK LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments PHILIPS ELECTRONICS UK LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments SAMSUNG ELECTRONICS (UK) LTD Company Structure and Corporate Strategy Advertising Distribution Profitability Current and Future Developments SHARP ELECTRONICS (UK) LTD Corporate Strategy and Company Overview Advertising Distribution Profitability Current and Future Developments SONY COMPUTER ENTERTAINMENT UK LTD Corporate Strategy and Company Structure Advertising Distribution Profitability Current and Future Developments The Future MARKET FORECASTS The Total Market FUTURE TRENDS The End of the Video Games Console Popularity of Smartphones and Tablets to Challenge the Audio Equipment and Video Games Markets Tablet Computers to Overtake Sales of Desktop PCs Further Sources Associations Publications General Sources Government Publications Other Sources Key Note Sources Key Note Ltd Understanding Consumer Survey Data Number, Profile, Penetration Social Grade Standard Region Key Note Research The Key Note Range of Reports To order this report: Small Appliance Industry: Home Entertainment 2012 More Market Research Report Check our Industry Analysis and Insights Nicolas BombourgReportlinkerEmail: [email protected]: (805)652-2626Intl: +1 805-652-2626 SOURCE Reportlinker |