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Niki Wienberg
Perhaps the most surprising trend is the massive digital market share captured by the video game industry, this looks to dominate the digital sphere as well as gain on the physical units sold as more and more game developers look to the social online model for direct games sales and in-app purchases.
Netflix shares soared on Wall Street on Tuesday as a financial analyst rated the US video company a buy and market research showed it trouncing its rivals in the home digital movie market. googletag.cmd.push(function() googletag.display('div-gpt-ad-1449240174198-2'); ); Netflix was up 6.57 percent at $214.41 in early afternoon trading in a market that was down around two percent at mid-day.The surge in Netflix shares came after Goldman Sachs analyst Ingrid Chung upgraded shares in the pioneering video company to buy from neutral and raised the price target to $300 from $210.Meanwhile, market research firm NPD said that Netflix enjoys a commanding 61 percent share of the US market for digital movies streamed into the home or downloaded over the Internet.Entertainment and cable giant Comcast was next with an eight percent share of the market followed by DirecTV, Time Warner Cable, and Apple with four percent each, NPD said"Sales of DVDs and Blu-ray discs still drive most home-video revenue, but (video-on-demand) and other digital options are now beginning to make inroads with consumers," NPD entertainment industry analyst Russ Crupnick said."Overwhelmingly digital movie buyers do not believe physical discs are out of fashion, but their digital transactions were motivated by the immediate access and ease of acquisition provided by streaming and downloading digital video files," Crupnick said.Goldman Sach's Chung predicted "explosive growth" for online video and cited figures showing that 27 percent of US consumers now stream television shows or movies over the Internet, up from 16 percent a year ago."The streaming of movies and TV shows is increasing very quickly in popularity as is Netflix's streaming service due to the proliferation of connected devices, including the iPad and iPad2," she said.Chung noted that online retail giant Amazon had launched a movie streaming service last month and that Netflix faces other competitors but "we view the potential impact on Netflix as more muted than we first feared.""We believe that the demand for video streaming could be big enough to sustain multiple business models and competitors and that these models can co-exist," she said."We believe that as each quarter passes, it becomes more difficult for a new entrant to compete, as Netflix has 20 million subscriptions and could add at least two to four million subscriptions per quarter."The Los Gatos, California-based Netflix is available in the United States and Canada, with members paying a flat monthly fee for the service. (c) 2011 AFP
Based on the distribution channel, the global home audio equipment market can be bifurcated into supermarkets and hypermarkets, specialty stores, convenience stores, online, and others. Currently, specialty stores account for the largest market share.
Video equipment is defined as an electronic device that can broadcast or receive electromagnetic waves to represent both sound and image.The main product types of video equipment are television, video cameras, and video players. Television is a system for transmitting images and sound via electrical signals over long distances so that people can receive them at home. The products are used for offline and online applications that are used by B2B and B2C end-use industries.The global video equipment market is segmented -1) By Product Type: Television, Video Cameras, Video Players2) By End Use Industry: B2B, B2C3) By Application: Online, OfflineThe global video equipment market size will grow from $119.66 billion in 2022 to $123.08 billion in 2023 at a compound annual growth rate (CAGR) of 2.9%. 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 market size of the global video equipment is expected to grow to $137.27 billion in 2027 at a CAGR of 2.8%.The rise in disposable incomes was a major driver for the video equipment market. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India, and Brazil. According to the World Bank, the per capita net disposable income of lower-middle-income countries was between $1,036 and $4,045 and the per capita net disposable income of upper-middle-income countries was in between $4,046 and $12,535 in 2021. Increased earnings greatly increased disposable incomes in the emerging markets, increasing the demand for consumer electronics products such as televisions and home theatre systems.Major players in the video equipment market are Bose Corporation, LG Electronics Inc., Panasonic Corporation, Sony Corporation, Samsung Electronics, Bowers & Wilkins, Atlantic Technology, Definitive Technology, GoldenEar Technology, and Pioneer.The changes in consumer lifestyles and preferences had a significant impact on the 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 video streaming services on mobile phones. Television viewership continued to decline, especially among the millennials. As a whole, 18-34-year-olds spent viewing traditional TV (live and time-shifted) in Q1 2020 fell by around 15.3% from 2019. Changes in consumer preferences restricted the demand for video equipment market.The demand for Ultra HD televisions is increasing rapidly, as they are energy efficient and offer high-quality images. Ultra HD televisions include 4K and 8K UHDs that have an aspect ratio of 16:9 or wider, and also present a minimum resolution of 3840x2160 pixels. The transition from traditional CRT and LCD TVs to ultra-HD TVs has been fast owing to the brisk pace of technological advances. For instance, in June 2020, according to TVB-Europe, an England-based online television service, over half of 18-24-year-old say they spend more time watching video-sharing platforms than broadcast TV. In many developed countries such as US and the UK,,34% of global households had smart TVs by the end of 2020 and sales increased by 7.4% in 2020 and expected to reach majority by 2026. Thus, indicating high demand for ultra-HD 4k and 8k televisions.In February 2021, Solutionz, a US-based audio-visual integrator, acquired Total Video Equipment for an undisclosed amount. Through this acquisition, Solutionz expanded its ability to design, build, and manage audio-visual integration deployments throughout the Tri-State area. Total Video Products is a US-based manufacturer of video equipment.Asia-Pacific was the largest region in the video equipment market in 2022. North America was the second-largest region in the global video equipment market share. The regions covered in the global video equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.The countries covered in the video equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.The video equipment market consists of sales of smart TV, liquid crystal displays (LCD), light-emitting diodes (LED), cathode ray tubes (CRT), video cameras, DVD/Blu-ray players, video cassette recorders, and other 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 video equipment market research report is one of a series of new reports from The Business Research Company that provides video equipment market statistics, including video equipment industry global market size, regional shares, competitors with a video equipment market share, detailed video equipment market segments, market trends and opportunities, and any further data you may need to thrive in the video equipment industry. This video equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.