Growing entertainment industry has led to increasing demand for home audio equipment. Increasing usage of online entertainment, deployment of reliable and sophisticated music storage equipment and high-speed data streaming are expected to foster innovations in the home audio equipment market.

Growing consumer preference for better quality products and rise in disposable incomes of families are mainly encouraging customers to buy such home entertainment products, thus, driving the market for home audio equipment.

Additionally, availability of home theatre system that can perform audio/video switching and play and stream audio stored on PC and internet radio stations is expected to boost the home audio equipment market. However, fear of hearing loss is the major restrain for this market. Introduction of wireless streaming is expected to boost the demand for home audio equipment.

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Advancement in audio technologies and development of advanced home entertainment products has increased the usage of home audio systems. Increase in disposable income has led to change in media consumption habits. People prefer to buy technologically advanced entertainment products such as computers, televisions, video game and smartphones among others.