Global Home Theatre Systems Market

A film refers to a collection of moving pictures that are displayed on a screen and generally have sound to tell a story. Video refers to a recording of a movie or television show that may be seen on a television. The main types of film and video are film and video production, film and video distribution, post-production services, film and video theatres, other film and video industries. The complete process of making a video is referred to as video production. Whether it’s a short film, a feature film, a company marketing video, a television commercial, a video clip, or another genre of film, the procedure is essentially the same. The different genres include action, horror, comedy, documentary, drama, others, and are used in various applications such as film companies, film studios, others. The film and video market research report is one of a series of new reports from The Business Research Company that provides film and video market statistics, including film and video industry global market size, regional shares, competitors with a film and video market share, detailed film and video market segments, market trends and opportunities, and any further data you may need to thrive in the film and video industry. This film and video market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global film and video market grew from $267.61 billion in 2022 to $283.5 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The film and video market is expected to grow to $344.84 billion in 2027 at a CAGR of 5.0%. Mobile video viewing has increased significantly in recent years and is expected to grow further during the forecast period. This is mainly driven by the rise in internet penetration and growth in smartphones usage. For instance, according to a Hootsuite study for 2020, 4.18 billion individuals (more than half of the global population) utilize mobile internet, and 57 percent of global video is watched on mobile devices. Adult Americans spend 30 minutes a day on average watching videos on their phones. Thus, a rapid increase in mobile video consumption is expected to drive the film and video market during the forecast period. COVID-19 Pandemic - The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the film and video markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the film and video market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, built-in high-resolution cameras, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG. Major companies in the film and video market include Vivendi SA, The Walt Disney Company, Comcast Corporation, Sony Corp, Financière de l'Odet, Viacom Inc., CBS Corporation, Lions Gate, ITV plc, and FUJI MEDIA HOLDINGS INC. North America was the largest region in the film and video market in 2022. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the film and video report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the film and video market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The film and video market includes revenues earned by entities by producing or distributing motion pictures, videos, television programs, or commercials, exhibiting motion pictures, or providing postproduction services. It includes the production and distribution of TV movies, sitcoms, dramas, reality shows, talk shows, game shows, news programs, children’s programs, art, sports programs, documentaries, animated cartoons, and instructional videos. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global film and video market is segmented - 1) By Type: Film And Video Production, Film And Video Distribution, Post-Production Services, Film And Video Theatres, Other Film And Video Industries 2) By Genre: Action, Horror, Comedy, Documentary, Drama, Other Genres 3) By Application: Film Company, Film Studio, Other Applications

Media is the means or communication tool through which information, educational, entertainment, data, or promotional messages are disseminated. The main types of media are tv and radio broadcasting, film and music, information services, web content, search portals, social media, print media, cable, and other subscription programming. Print media refers to paper publications that are being circulated in the form of physical editions of books, magazines, journals, and newsletters. The different revenue models include subscription, advertisement, sponsorship, others and involve various applications such as wired, wireless. The media market research report is one of a series of new reports from The Business Research Company that provides media market statistics, including media industry global market size, regional shares, competitors with a media market share, detailed media market segments, market trends and opportunities, and any further data you may need to thrive in the media industry. This media market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global media market grew from $2,195.19 billion in 2022 to $2,371.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The media market is expected to grow to $3,200.17 billion in 2027 at a CAGR of 7.8%. Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create a potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment. For example, NextVR, a virtual reality platform for delivering live content, streamed Daytona 500 and a democratic debate. It also partnered with an events company Live Nation to broadcast live music to music fans worldwide. The rise in demand for VR content is expected to drive the market going forward. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the media markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the media market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, a built-in high-resolution camera, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG. Major companies in the media market include Google, Facebook Inc., AT&T Inc., Netflix Inc., The Walt Disney Company, Apple, Tencent Holdings Co Ltd., CBS Corporation, Charter Communications Inc., and Sony Corp. North America was the largest region in the media market in 2022. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the media report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the media market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The media market includes revenues earned by entities by offering television and radio programs, motion pictures, and commercials, along with video and audio recordings, games, and publications. Examples of revenues are license fees, subscriptions, and payments for advertising. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global media market is segmented - 1) By Type: TV And Radio Broadcasting, Film And Music, Information Services, Web Content, Search Portals And Social Media, Print Media, Cable and Other Subscription Programming 2) By Revenue Model: Subscription, Advertisement, Sponsorship, Other Revenue Models 3) By Application: Wired, Wireless Subsegments Covered: Radio Broadcasting, Television Broadcasting, Music Recording, Film And Video, News Syndicates, Libraries And Archives, All Other Information Services, Social Media, Internet Search Portals, Digital Publishing And Content Streaming, Search Engine Optimization Services, Directory, Mailing List, And Other Publishers, Book Publishers, Newspaper & Magazines Publishers

Film refers to a motion image, a movie, or a collection of still images on film that are quickly displayed on a screen using light. Music refers to a pattern of sounds produced by musical instruments, voices, computers, or a mix of these, and is meant to be enjoyed by those who hear it. The main types of film and music are music recording, film, and video. Music recording refers to the physical record of a musical performance that is played back or reproduced. The various genres of film include action, horror, comedy, documentary, drama, and other genres. The different sectors include individual users, commercial users, and others. The film and music market research report is one of a series of new reports from The Business Research Company that provides film and music market statistics, including film and music industry global market size, regional shares, competitors with a film and music market share, detailed film and music market segments, market trends and opportunities, and any further data you may need to thrive in the film and music industry. This film and music market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global film and music market grew from $319.12 billion in 2022 to $338.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The film and music market is expected to grow to $413.9 billion in 2027 at a CAGR of 5.2%. The penetration of newer distribution platforms like internet protocol television (IPTV) and Direct-to-home (DTH) and online platforms such as YouTube, Vimeo is driving the growth of the film and music market. Digitization of TV platforms is paving the way for better sound and picture quality for viewers and increased revenues for stakeholders in the value chain. This is also resulting in more bandwidth for broadcasters to provide value-added services, thereby boosting revenues. Digital production techniques in films have reduced processing and storage costs. Digital distribution and exhibition have led to enhanced picture quality and shortened release window. These factors are expected to positively impact the growth of the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the film and music markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the film and music market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Film and music production companies are increasingly adopting motion capture technology to reduce costs associated with key frame-based animations. Motion capture is the process of recording a live motion event and translating it into actionable data that allows a 3D recreation of the performance. To achieve these, performers need to wear reflective markers all over their bodies which are then interpreted by a computer and turned into digital 3D models. Through this technology, real-time results are achieved faster, and it also reduces the cost of key-frame animation. Some recent box-office blockbusters which incorporated motion capture technology include Avengers, Captain America, Beauty, and the Beast, Guardians, Iron Man, and others. Major companies in the film and music market include Vivendi SA, Sony Corp, The Walt Disney Company, Universal Music Group, Financière de l'Odet, Comcast Corporation, Warner Music, Viacom Inc., CBS Corporation, and FUJI MEDIA HOLDINGS INC. North America was the largest region in the film and music market in 2022. Western Europe was the second-largest region in the film and music market. The regions covered in the film and music report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the film and music market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The film and music market includes revenues earned by entities by offering services like production and/or distribution of motion pictures, videos, television programs, or commercials, from the exhibition of motion pictures or from the provision of postproduction and related services of the production and distribution of musical recordings, from publishing music, or from providing sound recording services in the film and music industry. The market includes the production and distribution of animated cartoons, and instructional videos. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global film and music market is segmented - 1) By Type: Music Recording, Film And Video 2) By Genre: Action, Horror, Comedy, Documentary, Drama, Other Genres 3) By End User: Individual Users, Commercial Users, Other End Users Subsegments Covered: Record Production, Music Publishers, Record Distribution, Sound Recording Studios, Film And Video Production, Film And Video Distribution, Post-Production Services, Film And Video Theatres, Other Film And Video Industries

A loudspeaker is an electroacoustic transducer that converts an electrical audio signal into a corresponding sound. Loudspeakers are used in radios, audio players, and bluetooth speakers. The main types of enclosure of loudspeakers and sound bars are single mounted, multiple mounted, and not mounted. A single-mounted loudspeaker consists of one speaker recorded within an audio file. The loudspeakers and soundbars are used for communication, automotive, film and television, and club/bar by household, commercial and other end users. The loudspeakers and sound bars market research report is one of a series of new reports from The Business Research Company that provides loudspeakers and sound bars market statistics, including loudspeakers and sound bars industry global market size, regional shares, competitors with a loudspeakers and sound bars market share, detailed loudspeakers and sound bars market segments, market trends and opportunities, and any further data you may need to thrive in the loudspeakers and sound bars industry. This loudspeaker and sound bars market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global loudspeakers and sound bars market size will grow from $15 billion in 2022 to $15.42 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global loudspeakers and sound bars market size is expected to grow to $17.19 billion in 2027 at a CAGR of 2.7%. Increased spending on entertainment products by consumers globally contributed to the growth of the loudspeakers market in the forecast period. Consumers are preferring external sound systems as a medium of home entertainment and there is an increasing consciousness about the quality of sound they are experiencing as a result of which they are willing to spend more on sound systems. For instance, in February 2022, according to the Digital Entertainment Group (DEG), a US-based industry association that advocates and promotes entertainment platforms, products, and distribution channels, consumer expenditure on home entertainment grew at an unprecedented rate in 2021, with total physical and digital home entertainment spending rising by 7.8% to a record $32.3 billion. There is plenty of growth potential in smart devices with embedded voice assistants and loudspeakers which enhance entertainment at home. Increased consumer expenditure on entertainment and consciousness of the quality of sound experienced increases the demand for different forms of loudspeakers which is driving the loudspeakers market. Regulations by the government have always been challenging to the loudspeakers market as loudspeakers usage is one of the main reasons for noise pollution. Noise pollution deteriorates both physiological and psychological health which may lead to health complications such as hypertension, anxiety, and increased stress levels and can even lead to coronary artery disease. In India, the Supreme Court passed a regulation that restricts the use of public address systems at night (between 10:00 pm and 6:00 am) and during cultural or festive occasions to not more than 15 days a year. These regulations are expected to negatively impact the growth of the loudspeakers market. The demand for wireless audio equipment market is increasing rapidly due to the increasing popularity of mobile devices and changing media consumption behavior of consumers. Consumers are increasingly using mobile devices, tablets, and laptops to wirelessly play audio on speakers. Such consumer behavior is driving the growth of Wi-Fi and Bluetooth-connected speakers. To capitalize on the growing popularity of wireless audio equipment, manufacturers such as Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm are also launching wireless audio products or platforms. Popular Wi-Fi audio equipment includes Sonos Wi-Fi speakers, Bose’s SoundTouch system, and Amazon’s Echo speakers. In April 2022, Sonos, Inc., a US-based company operating wireless home sound systems acquired Mayht Holding BV for a deal of $ 100 million. This acquisition of Sonos, Inc. aims to strengthen its product portfolio in home sound systems to enhance its competitive advantage. Mayht Holding BV is a Netherlands-based speaker company. Major players in the loudspeakers and sound bars market are Bose Corporation, Harman International Industries, Bowers &Wilkins, Klipsch Audio Technologies, KEF, Sonance, Yamaha Corporation, Sony Corporation, Creative Technology Ltd., and Wharfedale. Asia-Pacific was the largest region in the loudspeakers and sound bars market in 2022. North America is the second-largest region in the global loudspeakers and sound bars market. The regions covered in the global loudspeakers and sound bars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The loudspeakers and sound bars market consists of sales of outdoor speakers, subwoofers, in-wall speakers, multimedia speakers, table-top sound bars, wall-mounted sound bars, and other loudspeakers and sound bars. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global loudspeakers and sound bars market is segmented - 1) By Type Of Enclosure: Single Mounted, Multiple Mounted, Not Mounted 2) By End User: Household, Commercial, Others End User 3) By Applications: Communication, Automotive, Film and Television, Club/Bar

Digital rights management (DRM) is a method of protecting digital media copyrights. This approach includes the use of technologies that limit the copying and use of copyrighted works and proprietary software. Digital rights management allows authors, movie professionals, musicians, and other creators to prevent unauthorized use of their content. The main applications of digital rights management are mobile content, video on demand, mobile gaming, eBooks, and others. Mobile content digital rights management refers to the collective methods and technologies which provide safe distribution of content and media on mobile devices. It offers approaches for mobile content creators to implement policies, limitations, and protection against duplication on mobile devices. The end users of digital rights management include SMEs and large enterprises. Digital rights management is used by industries such as healthcare, music, education, BFSI, legal/law, printing and publication, software, television and film, and others through on-premise and cloud deployment modes. The digital rights management market research report is one of a series of new reports from The Business Research Company that provides digital rights management market statistics, including digital rights management industry global market size, regional shares, competitors with a digital rights management market share, detailed digital rights management market segments, market trends and opportunities, and any further data you may need to thrive in the digital rights management industry. This digital rights management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global digital rights management market size grew from $4.47 billion in 2022 to $5.21 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The digital rights management market size is expected to grow to $9.85 billion in 2027 at a CAGR of 17.3%. Increasing security concerns have contributed to the growth of the digital rights management market. The extensive use of PCs and laptops has led to an increase in the number of hackers who intrude into corporate and government networks to access and steal critical information for monetary and business gains. Additionally, corporations are looking for a real-time approach to business data along with transmitting and storing data across mobile devices, the cloud, universal serial bus (USB), and disks. For instance, according to the InfoSecurity reports, ransomware damages are expected to exceed $30 billion globally in 2023. This number is still set to rise as cyberattacks are becoming more complex and difficult to detect. Digital rights management is also used by healthcare organizations and financial services firms to ensure compliance with data privacy and protection standards such as HIPAA (Health Insurance Portability and Accountability) and Gramm-Leach-Bliley Act (GLB Act or GLBA). Hence, the rise in security concerns is expected to create avenues for market growth in the digital rights management market. The advancements in data security technologies are gaining popularity in the digital rights management market. Digital rights management permits publishers or authors to regulate what paying users can do with their works. Technological advancements such as deceptive network technology and the adoption of end-to-end encryption further secure sensitive data from cyber-attacks. For instance, in February 2021, RAIR Technologies Inc., launched a decentralized digital rights management platform, built to power digital scarcity for creators. In September 2021, Hewlett Packard Enterprise, a US-based edge-to-cloud company, acquired Zerto, a production leader in cloud data management and security, for a deal value of $374 million. This acquisition positions the HPE GreenLake edge-to-cloud platform in the high-growth data protection market with a proven solution and further propels HPE’s storage business into a cloud-native, software-defined data services business. Zerto is a US-based industry leader in cloud data management and protection. Major players in the digital rights management market are Adobe Systems, Apple Inc., Dell EMC Corporation, Oracle Corporation, Microsoft Corporation, Fasoo Inc., Seclore Technology, Sony Corporation, Verisign Inc., Hewlett-Packard, Vera Security Inc., Vitrium Systems Inc., Nextlabs Inc., Intertrust Technologies Corporation, and Vobile Inc., North America was the largest region in the digital rights management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital rights management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Digital Rights Management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The digital rights management market includes revenues earned by entities by providing services such as software licenses and keys, user authentication and IP authentication protocols, proxy servers, virtual private networks (VPNs), regional restriction or geoblocking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global digital rights management market is segmented - 1) By Application: Mobile Content, Video On Demand, Mobile Gaming, eBook, Other Applications 2) By End Users: SMEs, Large Enterprise 3) By Industries: Healthcare, Music, Education, BFSI, Legal/Law, Printing and Publication, Software, Television and Film, Other Industries 4) By Deployment Mode: On-Premise, On Cloud

Consumer electronics repair and maintenance refers to the service of refurbishing and replacing body parts of electronic equipment, gadgets, devices, and appliances that end consumers use for professional and non-professional purposes. These are also engaged in repairing and maintaining consumer electronics such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics. The main types of consumer electronics repair and maintenance are loudspeakers and sound bars, microphones, amplifiers and mixers, music players and other devices, televisions, video players, and video cameras. A microphone is a device that converts airborne sound waves into electrical signals or records them on a recording medium. The different service types include in-warranty, and warranty and are used by various verticals such as industrial and commercial, and residential. The consumer electronics repair and maintenance market research report is one of a series of new reports from The Business Research Company that provides consumer electronics repair and maintenance market statistics, including consumer electronics repair and maintenance industry global market size, regional shares, competitors with a consumer electronics repair and maintenance market share, detailed consumer electronics repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the consumer electronics repair and maintenance industry. This consumer electronics repair and maintenance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global consumer electronics repair and maintenance market size will grow from $8.43 billion in 2022 to $8.72 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer electronics repair and maintenance market size is expected to grow to $9.64 billion in 2027 at a CAGR of 2.5%. An increase in equipment failure rates and cost benefits of repairing old equipment rather than disposing of them are expected to drive the consumer electronics repair and maintenance market. The branded and non-branded low-cost products regularly flood the market and need repair in some time as they are made with poor quality material or due to regular maintenance. However, research suggests that companies are now taking a different approach, which is building products that could be easily repaired for use as fixing an issue in a gadget is always a cost-effective solution than buying a new one, thereby enhancing the trust of the customer. Customers tend to buy and refer to the products of the company that offers repair manuals, and spare parts and provide assistance and guidance on fixing the product. Apple has begun assembling the older iPhone in India. Companies like iFixit and Repair Cafe are bringing people together to work on repairing devices. The European Commission is all set to discuss eco-design regulations for smartphones in 2021, including access to spare parts and repair information. Therefore, an increase in equipment failure rates and cost benefits of repairing old equipment is promoting the consumer electronics repair and maintenance market. The COVID-19 pandemic has significantly impacted the consumer electronics repair and maintenance industry as governments across the globe have imposed lockdowns and put restrictions on non-essential services to prevent the spread of the virus. Repair and maintenance services hugely depend on labor and the availability of labor during this pandemic is a big challenge. The repair industry across countries such as the US, the UK, Germany, Italy, the Middle East, and India has also witnessed an increase in labor costs due to labor shortages during the lockdown. The repairing industry, in general, fixes around 25 million electronic appliances in a month, but due to lockdown and social distancing norms, the products are expected to pile up for repair. Besides, the supply chain disruptions in various countries have made it difficult to find spare components for mobile and other electronic appliances making consumers wait longer for availing of services. Consumer electronics repair and maintenance service providers are focusing on leveraging augmented reality (AR) based maintenance and repair procedures. AR is an enhanced version of reality where direct and indirect view of physical world environments are combined with superimposed computer-generated images over a user’s view of the real world. Use of these AR based repair or maintenance procedures allow users to enhance their field of view with real-time digital information. With this information the user can get the step by step instructions on how to repair an asset. For example, US based technology company Dell's new 2022 AR Assistant app uses augmented reality to guide users through step-by-step, at-home repairs or replacements to over 97 different systems in 7 languages. The AR Assistant app allows users to see their devices and guides users on repairing using mixed reality and informational overlays on the machine being repaired, leveraging a smartphone camera. The app also has an augmented clone technology on select systems, which displays a cloned server in any desired space and allows entire 360-degree interaction with a high degree of realism to make at-home repairs easier and less stressful and also reduce waste. Major players in the consumer electronics repair and maintenance market are Encompass Supply Chain Solutions Inc., Electronix Services, iCracked Inc., Mendtronix Inc., Moduslink Global Solutions, MicroFirst Gaming Inc., Quest International, Inc., The Cableshoppe Inc., uBreakiFix, B2X CARE SOLUTIONS GMBH, Redington Services, and Repair World Direct. Western Europe was the largest region in the consumer electronics repair and maintenance market in 2022. Asia-Pacific was the second-largest region in the global consumer electronics repair and maintenance market. The regions covered in the global consumer electronics repair and maintenance reports are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the consumer electronics repair and maintenance market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The consumer electronics repair and maintenance market consists of revenues earned by entities engaged in repairing and maintaining consumer electronics, such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global consumer electronics repair and maintenance market is segmented - 1) By Type: Loudspeakers and Sound Bars, Microphones, Amplifiers and Mixers, Music players and other devices, Televisions, Video Players, Video Cameras. 2) By Service Type: In-warranty, Out of Warranty 3) By End User: Industrial and commercial, Residential

Electronic products are defined as products that have an electronic circuit that during operation can generate or emit a physical field of radiation in devices. The main types of electronic products are audio and video equipment, semiconductor, and other electronic components. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The electronic products market research report is one of a series of new reports from The Business Research Company that provides electronic products market statistics, including electronic products industry global market size, regional shares, competitors with an electronic products market share, detailed electronic products market segments, market trends and opportunities, and any further data you may need to thrive in the electronic products industry. This electronic products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global electronic products market grew from $1186.56 billion in 2022 to $1275.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electronic products market is expected to grow to $1657.45 billion in 2027 at a CAGR of 6.8%. The electronic products market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the electronic products manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the electronic products manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of an object in its field of view. This feature offers effective surveillance of an area at low costs. For instance, some of the major companies manufacturing motion-detecting CCTV cameras include Sony, Samsung, Honeywell, Panasonic, and others. Major companies in the electronic products market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co Ltd., SK Hynix Inc., Qualcomm, Hon Hai Precision Industry, Micron Technology Inc., LG Display Co Ltd., Intel Corporation, Sony Corp and Broadcom Ltd. Asia-Pacific was the largest region in the electronic products market in 2022. North America was the second largest region in the electronic products market. The regions covered in the electronic products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electronic products market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The electronic products market consists of sales of loudspeakers and sound bars, microphones, amplifiers and mixers, music players, televisions, video players, video cameras, semiconductors and related devices, general electronic components, and other electronic products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electronic products market is segmented - 1) By Type: Audio And Video Equipment, Semiconductor And Other Electronic Component 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Audio Equipment, Video Equipment, Semiconductor And Related Devices, General Electronic Components

Audio equipment is defined as a device that is used for recording, reproducing, and processing sound. Video equipment is an electronic device that can broadcast or receive electromagnetic waves to represent both sound and image. Audio and video equipment is used for home entertainment, musical instrument amplification, motor vehicles, and public address. The main types of audio and video equipment are audio equipment and video equipment. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The audio and video equipment market research report are one of a series of new reports from The Business Research Company that provides audio and video equipment market statistics, including audio and video equipment industry global market size, regional shares, competitors with audio and video equipment market share, detailed audio and video equipment market segments, market trends and opportunities, and any further data you may need to thrive in the audio and video equipment industry. This audio and video equipment market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global audio and video equipment market grew from $152.79 billion in 2022 to $157.13 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The audio and video equipment market is expected to grow to $175.17 billion in 2027 at a CAGR of 2.8%. During the forecast period, internet penetration will increase rapidly due to increased public and private investments to increase internet connectivity. Many audio and video equipment uses the internet to enhance the customer's experience. The growth in internet users will be also driven by greater access to affordable smartphones. In 2020, China reported that the country's internet user base had risen to 989 million, with more than 80 million going online in the aftermath of the COVID-19 pandemic. Increased internet penetration increased the demand for connected audio and video devices. The changes in consumer lifestyles and preferences had a significant impact on the audio and video equipment market. With increasing smartphone and internet penetration and advances in social media and digital technologies, consumers shifted from traditional television to new forms of entertainment such as online audio and video streaming services on mobile phones. Television viewership continued to decline, especially among the millennials. For example, the Video Advertising Bureau (VAB), a trade group in the United States that promotes broadcast and cable networks, stated that during the pandemic, the people meter in-tab (the households providing usable ratings for the day) dropped from 36,957 in February 2020 to 29,456 in February 2021. Changes in consumer preferences restricted the demand for audio and video equipment. The growing demand for curved TVs is being driven by consumer preference for better viewing. A curved screen allows for a more immersive experience, as the curve makes the viewer fill more of the field of view and also provides a wider viewing angle. For example, in January 2020, LG Electronics, a South Korea-based electronics company, launched as many as 14 new OLED TVs along with three new GX Gallery series 4K Ultra HD TVs, 88- and 77-inch class Real 8K models, and an all-new OLED screen – 48-inch at CES 2020. The company claims that the new LG TVs are designed to offer better picture quality, upgraded performance, and artificial intelligence-enabled features that improve the overall viewing experience. Major companies in the audio and video equipment market include Samsung Electronics Co Ltd., Sony Corp, LG Electronics Inc., Panasonic Corporation and Bose Corporation. Asia-Pacific was the largest region in the audio and video equipment market in 2022. North America was the second largest region in the audio and video equipment market. The regions covered in the audio and video equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the audio and video equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The audio and video equipment market consists of sales of loudspeakers and sound bars, microphones, amplifiers and mixers, music players, televisions, video players, video cameras, and other audio and video equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global audio and video equipment market is segmented - 1) By Type: Audio Equipment, Video Equipment 2) By End-User: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Loudspeakers And Sound Bars, Microphones, Amplifiers And Mixers, Music Players And Other Audio Devices, Televisions, Video Players, Video Cameras