The forecast period is set to see a continuous yearly increase in demand for televisions in Singapore, supported by recent product developments. The new features, such as connectivity and smart technology, will encourage more consumers to buy new televisions.
Many Singaporeans prefer to personally see and test televisions before purchasing them, but occasional online orders are made after thorough research and experimentation. E-commerce offers the advantage of easy price comparison and access to various deals and discounts, making it popular following an increasing number of online sales promotions towards the end of the review period.
The use of video players has been declining in Singapore for many years, with retail sales no longer registered in the local market after 2021. These home video products are considered outdated, as most households in Singapore, and globally, are now using OTT services such as Netflix, Disney+ and Prime Video for home entertainment.
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Understand the latest market trends and future growth opportunities for the Home Video industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Video industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Video
This report originates from Passport, our Home Video research and analysis database.
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