Press release
Networked Entertainment Solutions Market to Witness Exponential Growth – An Overview
The networked entertainment solutions market can be segmented on the basis of integrated technologies, solutions offered and the industry types. On the basis of technologies, the market can be further segmented into wireless, wireline, broadband and ethernet. In wireless technologies, the networked entertainment solutions enable seamless connectivity and interactivity with online services and cloud-based applications throughout home. In wireline technologies, the solutions optimize networking into high speed internet and connected device networks.
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In broadband technology, these solutions offer high speed and cost effective broadband connectivity that enhance user-experience for interactivity, video and cloud centric applications. In ethernet technologies, such solutions enable convenient and powerful networking. On the basis of solutions, the market can be further segmented into mobile solutions, digital entertainment solutions, cloud and infrastructure solutions, smart energy solutions and plug computer solutions. On the basis of industry types, the market can be further segmented into corporate, healthcare, government, education, entertainment, retail and places of worship.
With the advent of internet technologies, it is now becoming possible to access entertainment channels 24x7. For better sound quality and high definition picture viewing, it is mandatory to have electronic devices that support such high quality entertainment. This triggers the demand for electronic items like smart phones, tablets and high definition television sets with innovative features and solutions that can manage these applications. This a major contributing factor to the growth of networked entertainment solutions market. Another driver is the changing lifestyle demanding effective and efficient use of energy systems.
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The networked entertainment solutions deliver comprehensive solutions to such demands and tackle power usage problems and environmental challenges. However, some high-tech entertainment electronic devices are too expensive to get them repaired in case if there is any fault. Replacing such devices with the new ones is a very costly affair. Due to high installation and replacement costs, many users are reluctant to continue using traditional entertainment devices. This is a major roadblock affecting the growth of network entertainment solutions market.
Since there are rapid innovations in networked entertainment solutions, the networked entertainment solutions market foresees tremendous growth potential in coming few years. Some of the major players in this line of business include SVSi (U.S.), Entertainment Solutions Inc (U.S.), and Marvell (U.S.) and Rovi Corporation (U.S.) among others.
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