TV & Home Theater Installation Services
IBISWorld says this industry is highly fragmented and has a very low level of capital intensity, affording firms with transportation and proper tools good opportunity. About 98 percent of today's U.S. households have at least one TV, 84 percent have a DVD player or recorder, and 25 percent have a home theater, according to the Consumer Electronics Association. Revenue is growing an annualized 4.1 percent to $12.2 billion over the five years to 2013.
But cable subscriptions are falling – one report says paid subscriptions will be down 6 percent by 2017. To succeed, start-ups must keep up with the rapid pace of technology. “One concern with theater installation services is the difficulty of identifying and reaching consumers without paying significant commissions or referral fees to consumer electronics retailers,” says Goettler.