Rising Pay in Developing Markets to Fuel Home Theater Growth: Technavio
The home theater market will advance at a 4.8% compound annual growth rate through 2025, driven by rising disposable income mainly in developing economies, reported Technavio Thursday, Growing popularity of smart homes will pave the way for increased adoption of…
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home theater products, it said, but high cost and easy availability of counterfeit products will hinder growth during the period, said the research firm. Home theater market growth is forecast at 3.9% for 2021.