Breaking News

EnGenius Brings Wi-Fi 7 to Small Businesses with Affordable ECW510 Access Point DJI to Showcase New Mic 3 and Full Product Portfolio at Berlin’s IFA MSI Unveils MAG 272QP QD-OLED X50 Monitor Sony completes its INZONE gaming gear range with new headsets and more GIGABYTE Announces Availability of 27” QD-OLED Gaming Monitor AORUS FO27Q5P

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Home Entertainment Spending Grows Six Percent in the Second Quarter

Home Entertainment Spending Grows Six Percent in the Second Quarter

Consumer Electronics Aug 4,2016 0

Consumer spending on home entertainment products was strong for the second quarter of 2016, rising six percent from the year earlier period, according to the latest report released by DEG. Boding well for the home entertainment industry was the continuing shift by consumers to next generation 4K Ultra HD TVs. To date, more than eight million 4K Ultra HD TVs have been sold.

Among the highlights for second quarter 2016:
  • Total U.S. home entertainment spending was more than $4.3 billion for the second quarter, bringing the year-to-date total to $8.9 billion, two percent higher than in the first half of 2015.
  • Purchases of physical and digital content were up more than four percent to $1.7 billion for the quarter pointing to consumers’ continued desire to add content to their collections.
  • Overall physical sales grew three percent with Blu-ray Disc particularly robust with 35 percent growth for the quarter over the same period last year.
  • An additional 1.4 million 4K Ultra HD TVs were sold in the U.S. market, up 119 percent from the second quarter of 2015 and bringing the total number of sets purchased to more than eight million. More than 45 4K Ultra HD Blu-ray title releases were available in the first half of the year with impressive sales of some 288,000.
  • Digital HD - or electronic sell-thru (EST) - grew nearly nine percent in the quarter, driven by theatrical content which was up nearly 20 percent for the first half of the year due to a strong slate of new releases.
  • VOD platforms continued to grow in the period, up more than seven percent for the quarter, consistent with first quarter growth.
  • HDTV penetration is approaching the number of U.S. households. The DEG estimates that 95 percent – 104.1 million - of all U.S. homes have at least one HDTV. All Blu-ray playback devices (including set-tops and game consoles) are in more than 85 million U.S. households.

Tags: deg
Previous Post
Everspin to Showcase The World's Fastest SSD
Next Post
Xiaomi Unveils Its Own Mi VR Headset

Related Posts

  • US digital home entertainment market grew 14% in 2022, DVD/BD down 20%

  • Google Joins The Digital Entertainment Group Europe

  • Home Entertainment Spending Was Increased in 2015: DEG

  • CEA and the DEG To Promote Ultra HD

Latest News

EnGenius Brings Wi-Fi 7 to Small Businesses with Affordable ECW510 Access Point
Enterprise & IT

EnGenius Brings Wi-Fi 7 to Small Businesses with Affordable ECW510 Access Point

DJI to Showcase New Mic 3 and Full Product Portfolio at Berlin’s IFA
Drones

DJI to Showcase New Mic 3 and Full Product Portfolio at Berlin’s IFA

MSI Unveils MAG 272QP QD-OLED X50 Monitor
Consumer Electronics

MSI Unveils MAG 272QP QD-OLED X50 Monitor

Sony completes its INZONE gaming gear range with new headsets and more
Consumer Electronics

Sony completes its INZONE gaming gear range with new headsets and more

GIGABYTE Announces Availability of 27” QD-OLED Gaming Monitor AORUS FO27Q5P
Consumer Electronics

GIGABYTE Announces Availability of 27” QD-OLED Gaming Monitor AORUS FO27Q5P

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed