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Audio News for March 7, 2017

New Study Shows States Offering Best Online Privacy – comparitech.com based their study on 24 key criteria, and Delaware was found to be the most private state due to laws requiring the government to dispose of customer data after a set period of time, protect the privacy of e-readers and library data, and protect employee privacy that helped the state. California, Utah and Arkansas were the second most private states. Wyoming, South Dakota and Alaska were ranked as some of the worst states for online privacy.  A spokesperson said “No state is perfect, but at least all levels of the US government allow citizens to fortify their online security at will.”

Global Home Audio Speaker Market Increases 16% from 2015 – The new report from Research and Markets shows the home audio market worth $19.5 billion in 2016, and showing a 16% increase over 2015. Revenues are projected to continue growing over the next five years.  New technologies are being embraced to develop new categories such as multi-room speakers and ultra-thin smart TVs driving a need for sound bars. Sensors are expected to impact market growth in the near future.

LG Electronics of South Korea to Spend $250 Million to Build New Factory in U.S. – while LG rival Samsung Electronics said it was also considering building a U.S. manufacturing plant as a response to criticisms about imports from President Trump.

The Largest Component Segment in the Global Market for Video Surveillance Continues to be the Hardware –  There is a growing demand for IP-enabled security cameras in physical security, allowing users to remotely survey their property. Recent innovations in data storage had helped this area to grow even more. North America and Asia Pacific held nearly equal shares in 2015 for video surveillance and VSaaS solutions, but this could change by 2024, owing to a higher growth rate exhibited by Asia Pacific. There is an exceptional growth in industry and residential sectors, giving rise to a need for better and larger security networks. National governments are also ramping up security measures in public places.

Control4 Corporation Buys Triad Speakers Inc. – All 4000 Control4 dealers can now order directly from the dealer portal or a new dedicated 24/7 Triad Speakers dealer portal. Products designed specifically for Contol14 applications are in the works. Control4 says that the acquisition of Triad brings proven premium-acoustics esperience and innovation to them. Triad manufactures a range of high-quality, built-to-order premium audio speakers to meet the discerning demands of homeowners – for home theaters, family rooms, whole-home or multi-room audio, as well as for outdoor environments. Control4 has a family of hi-res streaming music services, and a family of multi-room audio matrix switches and amps, and its family of Ultra HD 4K video matrix switches with audio down-mixing capabilities.

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