Home Audio and Cinema

The rise in popularity of Bluetooth-enabled, wireless speakers continues to threaten home audio and cinema growth. For example, the growth of digital media player docks is severely threatened by the emergence of wireless speakers, as consumers prefer...

As more brands enter the competitive televisions category, they are offering more and better features at a lower price to gain market share. The improved sound quality offered by newer televisions, and growth in sales of wireless speakers, which are ...

In 2019, home audio and cinema volume sales continued to fall, with further decline expected in the coming years. All products recorded shrinking unit sales in 2019, with hi-fi systems suffering the most. Home cinema and speaker systems is suffering ...

Digital media player docks are experiencing a sharp decline in their popularity in the United Arab Emirates. This is mainly due to wireless connectivity being offered by the vast majority of hi-fi systems and home cinema and speaker systems by the ...

In 2019, home audio and cinema registered another year of decline in both current value and volume terms. Most such products are increasingly perceived as outdated, and are being replaced by more modern and innovative devices. With the increasing ...

Rising demand for convenience and portability and a consequent increase in sales of wireless speakers continues to negatively impact home audio and cinema. Hi-Fi systems can easily be replaced with a smartphone with wireless speakers, with the ...

Digitalisation has greatly impacted the category, with consumers increasingly shifting to music and film streaming services such as Spotify, YouTube, Apple Music, iflix, Amazon Prime and Netflix, which have changed the way people perceive home ...

The home cinema and speaker systems category saw declines across the board in 2019, with the category as a whole particularly dragged down by the decline of the largest component: LCD TVs. Altered spending priorities among consumers, and selective ...

Home audio and cinema recorded further strong retail volume declines over the review period and into 2019. The category is mature and consumers are leaning towards more portable devices. Changing lifestyles which are increasingly mobile, in parallel ...

2018-2019 has seen income levels rise. This has resulted in higher living standards, which has manifested in the form of expansion in the number of premium apartments. As consumers have more disposable income, they can also spend more money on ...

Retail volume sales of home audio and cinema continued to be driven by home cinema and speaker systems, with the latter recording the only positive performance in 2019. This was supported by the ongoing demand and trend for soundbars, encouraging the...

All home audio and cinema categories posted volume declines in 2019 as saturation and cannibalisation by alternative devices continued to undermine demand. Digital media player docks and other home audio and cinema saw the biggest declines, as they ...

“Home theatre” suffered greatly as the government officially classified it as a luxury category with many non-essential products. The government’s imposition of very high custom tariffs caused many products to disappear from the shelves of retailers....

Home audio and cinema saw declines in both retail volume and value terms in 2019. There was little innovation and few new launches, as manufacturers focused on more profitable products. Moreover, a growing number of consumers are switching to ...

Home cinema and speaker systems remained relevant in Mexico in 2019 because few consumers can afford to purchase new televisions with the most sophisticated and superior sound systems. These high-end models are too expensive for many low- to ...

Although living standards are improving in Malaysia, many of the product types in home audio and cinema are increasingly regarded as old-fashioned or out-of-date by consumers, with the combination of smartphones and wireless speakers again ...

All home audio and cinema categories are expected to see volume sales decline steadily throughout the forecast period. In the era of wireless connectivity and on-demand music streaming services, Dutch consumers now consider many home audio and cinema...

One body/sound tower systems are currently trendy and are helping to boost Hi-Fi systems, the latter which while still contracting, experienced a stronger performance in 2019 compared to the CAGR for the review period. The slim and light design of ...

In 2019, volume growth of home audio and cinema continued to decline despite affordable prices and rising purchasing power in the country; however, the decline only increased slightly over what was recorded in the previous year. A significant reason ...

Despite ongoing declining retail volume sales, home audio and cinema continued to record positive current value growth in 2019 in Hungary, due to increasing unit prices and rising purchasing power, leading consumers to opt for premium devices. To ...