Kuwait Audio Visual Devices Market is projected to register a healthy CAGR of 12.2% in the forecast period 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Kuwait Audio Visual Devices Market
- Surging entertainment & media industry
- Rapidly growing IT & software industry
Restraint:
- Growing presence of the substitute devices in the market
Opportunity:
- Shifting consumer preferences towards various internet services such as GOOGLE, TWITTER, YAHOO, YOUTUBE, FACEBOOK
Challenge:
- Rapid developments & innovations in the audio-visual devices
Market Trends:
Kuwait audio visual devices market is segmented into two notable segments which are basis of offering and equipment.
On the basis of offering, the market is segmented into hardware, software, and services. The Hardware is expected to lead Kuwait audio visual devices market in forecasted period of 2019-2026 due to increased adoption of LED displays, lightning control system and digital signage across several applications
On the basis of equipment, the market is segmented into projectors/ projection screens, DVDS, VCRS, microphones, cameras, speakers, computers, electronic voting with touch panels and others
Major Players: Kuwait Audio Visual Devices Market
Some of the major players operating in the Kuwait audio visual devices market are PYLE USA, Peerless AV, V7, Belkin International, Inc., C2G, LG Electronics, Samsung, NEC Corporation, Sharp Corporation, DynaScan Technology Inc., Benq, Seiko Epson Corporation, Casio Computer Co., Ltd., AKG, Bose Corporation, JBL, Hitachi, Ltd., Sony Corporation, Panasonic Corporation, Ergotron and among others.
