Karaoke Bars - IBISWorld Industry Market Research

Karaoke Bars

Karaoke Bars - IBISWorld Industry Market Research
Karaoke Bars
Published Dec 22, 2014
29 pages — Published Dec 22, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


The Karaoke Bars industry has experienced significant declines in revenue due largely to decreases in per capita alcohol consumption and disposable income brought on by the recession. The industry will continue to face challenges in the form of increasing alcohol regulations and competition from video games, pirated music and smart phones. To combat these trends, industry establishments will use technological advances like auto-tune and touch screens to attract new customers and retain old ones.

This industry includes bars that offer karaoke entertainment along with food and drinks. Karaoke is a form of interactive entertainment or video game in which amateur singers sing along with recorded music (or a music video) using a microphone and public address system.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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Report Type
US Special Collection
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Karaoke Bars" Dec 22, 2014. Alacra Store. Oct 27, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Karaoke-Bars-2042-5268>
IBISWorld Industry Market Research. (2014). Karaoke Bars Dec 22, 2014. New York, NY: Alacra Store. Retrieved Oct 27, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Karaoke-Bars-2042-5268>
US$ 910.00
$  £  
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