The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreSep 2020
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The emergence of COVID-19, resulting in financial concerns for many Americans only served to further expose weaknesses already present within home audio and cinema. Despite the number of local consumers spending greater amounts of time at home during certain lockdown periods, which inevitably resulted in greater leisure time including viewing different media content, restricted expenditure and the increasing trend for online streaming, particularly amongst younger Americans, further reduced demand for specific accessories which were traditionally designed to enhance the overall viewing and listening experience.
Sony and Bose retained their overall leadership of home audio and cinema in 2020, although in line with the category’s overall performance, they experienced declining retail volume sales in Q2. This is due to both the natural shift away from traditional home and audio setups with a greater focus shifting towards soundbars and Bluetooth-connected speakers, as well as the pandemic in the US.
Online sales of home audio and video were already gaining momentum in the US over the review period, gradually gaining share from physical specialist retailers, by offering greater convenience and the opportunity to find more competitive prices, although more discerning consumers continued to value the insight gained into the products in addition to assessing the quality of sound that can only be found through the in-person experience. Nevertheless, they were also increasingly prone to testing certain products in store before heading online for find more attractive deals for the same model.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Delivery: Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in USA with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Home Audio and Cinema industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in USA market research report includes:
Our market research reports answer questions such as:
Why buy this report?
This industry report originates from Passport, our Consumer Electronics market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.