The Coronavirus (COVID-19) pandemic brought forward the demand for TVs, as consumers were forced by lockdown and other mobility restrictions to look to the home environment for entertainment. As the pandemic situation continues to ease, the demand for TVs is set to fall in the forecast period.
The shift to wireless speakers is set to continue in the short to medium term. The anticipated further growth in the number of single and 2-person households will see a higher number of consumers residing in confined living spaces.
There is growing competition from alternatives to home audio and cinema, with ongoing audio improvements in TV + digital audio and radio streaming through TVs, computers, smartphones and wireless speakers. Against this backdrop, household demand for hi-fi systems, speakers and “other” home audio and cinema (clock radios/DAB radios) is set to continue to decrease in this context.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Norway 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 Norway, 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 DefinitionsThis report originates from Passport, our Home Audio and Cinema research and analysis database.
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