Home audio and cinema is not expected to attract a significant number of consumers over the forecast period and will continue to lose sales. For many consumers, these products are outdated, plus there is a lack of innovation, promotion and design improvements.
Hi-fi systems and home cinema and speaker systems are expected to witness significant volume decline over the forecast period. Both product areas are not set to see significant innovation or improvements, and will therefore be increasingly perceived by consumers as non-essential due to the improving sound quality of televisions, wireless speakers, smartphones and portable computers.
Speakers should only see slight volume decline over the forecast period. These products are expected to benefit from innovation in terms of compact design and sound quality, as well as ease of use and control through applications in mobile devices.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Hungary 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 Hungary, 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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