The report features data on the characteristics of companies working within the residential electronics systems industry in the U.S. and Canada, revealing the current number of installation companies in the industry, the size of the workforce, trends, forecasts, and the economic state of the industry.
"This report continues the great data we have been seeing all year on integrator performance in 2013 and expected performance in 2014," said Erica Shonkwiler, CEDIA Research Consultant. "Revenue, project numbers, and project sizes are all continuing to trend up," she added.
The full report will be available in October; however, preliminary findings reveal the following:
"Installation company owners are still unsure of how the entry of big players in the home control and management market will impact the businesses," said Shonkwiler. "However, previous year's uncertainty around 4K, internet connected wireless audio systems, and cloud based content management seems to be lifting. They are adjusting and adapting to these tech trends in ways that makes them positive changes for their companies."
In addition to working on this report, CEDIA recently released its annual Benchmarking Survey Reports, which evaluate the internal operations of home technology professional companies in the United States and Canada.
Research updates, project details, and report availability will be posted at www.cedia.net/research.