The Parks Report finds that US households with data networking solutions for broadband and file sharing, totaling 114 million at the end of 2006, will reach close to 170 million by the end of 2008, prompted in large part by service provider-led deployments of residential gateway solutions from the likes of Telstra.
Total U.S. revenues for installed home theaters and multiroom audio systems will grow from $6 billion in 2007 to more than $11 billion by 2012, and analysts forecast the number of new installations to grow 67% over the same period, from 166,000 per year in 2007 to 277,000 by 2012.
"The high-end A/V market is in a major stage of transition," said Bill Ablondi, Director, Home Systems Research, Parks Associates. "Digital content is approaching the performance and quality of analog media, with the added flexibility only digital content offers.
