The North America home entertainment devices market is anticipated to grow at a CAGR of 5.5% during the forecast period. Increasing internet users, rising consumer disposable incomes, the rapid proliferation of smartphones and gadgets, and the expansion of smart entertainment devices product portfolio are some of the key factors in the growth of the home entertainment devices industry in North America. The rise of digitization trends in the electronics industry has resulted in increased exposure to entertainment devices. Innovation in existing products and the availability of low-priced home entertainment devices have been considered as key factors in consumers increasingly buying home entertainment devices. Such changes are endorsed by an ever-increasing tech-savvy population and increasing consumer purchasing power, which in turn has a positive impact on the North American market.

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The North American home entertainment devices market is segmented on the basis of product type and distribution channel. Based on the product type, the market is segmented into audio devices, video devices, and gaming consoles. Based on the distribution channel, the market is segmented into in-store and online. The audio devices in home entertainment devices vertical include soundbars, home radios, HTiB (home theatres in-a-box), and headphones, among more. The video devices include televisions, projectors, DVRs, Blu-ray systems, and streaming devices, among more. The video devices segment is dominating the market value share and is expected to stay strong during the forecast period owing to the introduction of low-priced television sets and an abundance of range in the category. Gaming consoles include PlayStation, XBOX, and SEGA, among more. The gaming consoles segment is expected to record a rapid surge in growth owing to the increasing boom of the overall gaming industry. 

North America is home to entertainment devices giants including Amazon Inc., Apple Inc., Bose Corp., Harman International Industries, Inc., Microsoft Corporation, and Sonos Inc., among more. Over the last decade, a lot of small-scale players have entered the entertainment devices market possessing a minority share of the market. Further, to sustain competition from low-cost manufacturing regions’ players, the giants in North America are constantly developing innovative, efficient, and reasonably priced products.

Research Methodology

The market study of the North American home entertainment devices market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North American Home Entertainment Devices Market Research and Analysis by Product Type
2. North American Home Entertainment Devices Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the North American  home entertainment devices market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American home entertainment devices market.
• Insights about market determinants which are stimulating the North American  home entertainment devices market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.