Industry Analysis & Industry Trends
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The TV and Home Theater Installation Services industry's performance will improve over the next five years, in line with stronger demand for advanced electronics and renewed consumer spending. Consumers often purchase TVs and their associated installation services when they buy new homes or invest in home improvements. Therefore, the collapsing real estate and financial markets hampered growth during the previous five-year period.... purchase to read more
Industry Report - Starting a New Business Chapter
IBISWorld analysis reveals that barriers to entering the TV and Home Theater Installation Services industry are low and steady. The absence of major players keeps competition low. Also, the industry has a highly fragmented nature, in which several small firms compete on a regional basis for a relatively limited but captive market. Further, there are few capital requirements outside of tools, transportation and common business expenses that prevent entry into the industry even with only a moderate investment.
One potential barrier includes the rapidly changing pace of technology. Entrants may have difficulty staying on top of upstream technological changes or finding installers who can implement the latest solutions. Ano... purchase to read more