How to get into the home entertainment business
Home entertainment is booming.
The home entertainment market is projected to grow by more than 20% in 2019, according to research firm NPD Group.
That’s according to data from the research firm’s home entertainment research firm, the Home Entertainment Business Alliance.
In 2019, more than $1.1 billion in new sales will be generated by the home theater market, up 25% from last year, according the NPD group.
“That’s the second-highest growth rate in the industry,” said Chris L. Breslow, senior director of research at the NPA, in an interview.
The sector is also expected to grow at a faster pace in 2020, as more people start purchasing TVs and other home entertainment equipment.
That growth, according an NPA report, is driven in part by a number of new technologies, including a growing number of devices that offer more variety in their entertainment choices, and the addition of more high-definition TVs.
The NPA expects that the next year will see a lot of new devices entering the market, including the new “super-dumb” TVs that offer the most variety of content, and also the “mini” TVs.
Breglow also pointed out that more and more people are starting to invest in a home theater system.
“We’ve got a lot more home theater investment in 2020,” he said.
That could be a good thing for the home industry.
Benders and Breslows have been tracking the industry for years, and they’ve found that home entertainment sales are growing more quickly than the industry’s total.
They also have some good news to share.
In addition to the home theatre market, there are also other areas where home entertainment is expanding rapidly, including digital video recorder and home theater systems.
They’re both growing rapidly, Breswell said.
“If you look at the big data that shows what the people are purchasing, we’re seeing that we’re growing at a much faster pace than the total market,” he explained.
“It’s actually faster than the market overall.”
In fact, the home audio market is expected to add about 20% more sales in 2019 than last year.
That means there will be about $7 billion in sales in the category in 2019 alone, according Breslo.
He said that there is a lot to be excited about for the future.
“Home entertainment is the future, and we’re on a roll,” he added.
What to know about the home video industry: Home Video Market Growth in 2019: Key Market Elements (Updated: Dec. 21, 2019) Video is the fastest-growing segment in the home market.
Home video sales have grown more than 30% over the last five years.
The market is also set to grow more quickly in 2020.
Here’s what you need to know: The most important factors that drive home video growth include the availability of content and technology and the affordability of content.
According to Breslaw, the key to this growth is the availability and affordability of entertainment, and that means lower prices for people buying homes.
“The bottom line is if people can get a lower price, they can spend more,” he noted.
“I think this is going to continue to be a huge driver of this growth, but the cost of the product is going be higher.
And you need higher quality of sound.”
Another important factor is that the consumer wants more choices, Breglow said.
Consumers are getting more choice, he said, and there are more choices available now than in the past.
Brent Yandle, president of The Benders, which owns and operates a number or brands in the audio and video market, says consumers are increasingly seeking content and technologies that provide better, more accurate, and more realistic sound.
“This is the biggest trend that we see,” he told Fortune.
“There are so many things going on in the world that we have to do better than our competitors to get a living.
This is the reality.”