Home Systems Integration Revenue Will Increase To $17.4 Billion In 2012, Research Says
Revenues from the home systems integration/installation channel will increase from $9.8 billion in 2007 to $17.4 billion in 2012, according to Parks Associates and EH Publishing. The two research firms will be presented a summary of current home systems research, analysis, and forecasts at a joint briefing at EHX Fall 2007 in Long Beach, Calif., earlier this month.
"Consumers are migrating from free-standing electronics to installed control and entertainment systems," said Bill Ablondi, director, channel research from Parks Associates. "Adoption of flat-panel displays is a primary driver for this growth. Consumers want to connect these devices, as well as their PCs, game consoles, and media servers, into entertainment networks with Internet access."
"The growth of this channel represents a huge opportunity for firms that have innovative technology, a willingness to invest in marketing, and knowledge of how the home systems channel operates," said Daryl Delano, EH Publishing's research director. "Our brand study revealed several firms that have made significant inroads over the past couple of years based on these success factors."