Smart home devices are increasingly popular in Austria, with many manufacturers developing devices that the user can control through voice commands and smartphone apps. Home audio systems play an important role in the smart home ecosystem, providing an immersive home entertainment experience.
Home audio equipment is in solid demand among consumers in Austria, especially with regard to private homes. In this light, spatial capacities had a significant influence on the demand for audio separates, home cinema, and speaker systems during the review period, and this trend is set evolve further over the forecast period.
Declining product types like hi-fi systems, and “other” home audio and cinema devices are expected to inform a reduction in the growth potential of home audio and cinema as a whole. Moreover, retail volume sales of digital media player docks became negligible during the review period, and no recovery is anticipated in the short to medium term.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Austria 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 Audio and Cinema industry in Austria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.See All of Our Definitions
This report originates from Passport, our Home Audio and Cinema research and analysis database.
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