Challenges are set to remain for home cinema and audio over the forecast period – with different subcategories performing variably, depending upon the associated trends. We are seeing ongoing technology advances in consumer electronics adjacent to home audio and cinema, such as audio improvements in TV sets and digital radio streaming through TVs, computers, and smartphones.
Connected to the above point, we do expect an ongoing shift to wireless speakers over the forecast period – at the expense of more traditional audio equipment. Wireless speakers are adaptable, flexible, and mobile, and are smaller and less intrusive than traditional and bulky audio equipment.
In a cross-category trend, financial uncertainty is set to continue over the forecast period, with inflationary pressures pushing up costs for manufacturers, while at the same time resulting in lower consumer spending power. This means consumers will continue to seek value-for-money propositions and multifunctional and convenient electronics.
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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 Definitions
This report originates from Passport, our Home Audio and Cinema research and analysis database.
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