Home Audio Will Top $10 Billion in ‘07, CEA Says
The home audio products sector will rake in $10 billion this year from online consumers, the Consumer Electronics Association predicted in a study released Friday.
The findings, which came in the CEA’s 2007 Audio Purchasing Study, concerned speakers, media servers, receivers, and other such products. Other conclusions of the study included that stores which offer product demonstrations, and that those interested in home theater systems are also driven to purchase home audio equipment.
The study was of consumers who shop online, but covers purchases both online and in person.