Home Theater Hardware Market Projected to Reach $388 billion by 2028

A new report from international business analytics firm Research and Markets projects the global home entertainment system market will grow from $271.03 billion in 2023 to $388.01 billion by 2028, a compound annual growth rate of 7.44%.

“Home Entertainment System” is defined as the use of multiple electronic entertainment devices to create and reproduce a movie theater experience and mood in the home.

As disposable income levels rise in many countries, consumers have more purchasing power to invest in premium home entertainment systems. Rapid technological advancements, such as high-resolution displays, immersive audio formats, and smart connectivity options, drive the demand for home entertainment systems as consumers seek enhanced audiovisual experiences with features like 4K Ultra HD, HDR (High Dynamic Range), Dolby Atmos, and voice control.

The popularity of streaming services such as Netflix, Amazon Prime Video, and Disney+ has significantly impacted the home theater market, as consumers seek devices that can seamlessly integrate with these services.

The full report, which is available at ResearchAndMarkets.com, also provides a detailed analysis of the home theater business environment, exploring how ensuring efficient distribution channels and after-sales service can be challenging in some regions. This includes logistics, supply chain management, and timely customer support and repairs.

 

Home Theater Movie Server Kaleidescape Launches Promotional Video

Home theater movie server Kaleidescape has launched a promotional video titled “The Best Movie Server — Kaleidescape: The Ultimate Movie Platform,” showcasing the server’s latest features, including lossless audio and video fidelity.

Launched in 2001, Mountain View, CA-based Kaleidescape enables users to buy digital movies as well as store their DVD, 4K UHD Blu-ray Disc and Blu-ray titles in personalized movie libraries streamed in 4K Ultra HD, with high dynamic range and lossless spatial audio formats, including Dolby Atmos and DTS:X.

“This video is a powerful tool to help excite consumers and educate them about [the] award-winning platform,” Priscilla Morgan, chief operating officer, said in a statement.

Kaleidescape’s product line of Strato C movie players and Terra movie servers range in price from $195 to more than $90,000.

“Kaleidescape has built a content delivery solution for high-quality experiences used in the world’s most discerning home theatres,” said CEO Tayloe Stansbury.” The playback platform can deliver a vast portfolio of library content, from major motion picture studio movie releases to beloved concerts and music documentaries, to a dynamic array of popular TV series.”

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Kaleidescape Announces Strategic Partnership With Keith Yates Design

Movie player maker Kaleidescape and theater design and acoustical engineering company Keith Yates Design have announced a strategic partnership.

“The Kaleidescape content team will utilize the KYD-designed lab to ensure all movies released on its movie store deliver the reference-quality experience customers have come to expect from Kaleidescape,” according to a press release.

Keith Yates Design is the preferred choice for Hollywood’s elite customers, often selected by major directors, producers, sound specialists, and cinematographers, according to the release. In 2019, the firm was awarded the AVS Forum’s Home Theater of the Decade for its design of The Hahn Theater, a project conducted with cinematographer Rob Hahn that received global recognition.

“Keith Yates Design and Kaleidescape have a common goal in delivering a deeply inspired immersive theater experience that is unique, customized, and shapes the entertainment space,” Tayloe Stansbury, Kaleidescape CEO, said in a statement. “KYD’s design, combined with Kaleidescape, delivers unrivaled acoustical movie magic, which is why we are working with them to design the Kaleidescape Movie Lab at our corporate headquarters.”

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“Kaleidescape makes the industry’s best movie servers and players, and we use the system for all our calibrations when we do quality control on a commissioned KYD home theater,” Keith Yates, president and chief creative officer, Keith Yates Design, said in a statement. “A KYD designed and engineered cinema experience is enhanced and further resolved with the performance advantages only available with Kaleidescape’s higher fidelity video source material and lossless audio, making everything in the theater optimized to deliver the best performance.”

In celebration of this partnership, every KYD theater commissioned with a Kaleidescape system will come with a unique, one-of-a-kind, bound book highlighting the design and engineering of the KYD theater.

“This partnership is a natural fit as KYD and Kaleidescape are aligned to provide the best-in-class private cinema experience, one our customers will be proud to commemorate by putting this book on display,” Yates added.