The accelerated adoption of smart TVs has been greatly supported by the extended home seclusion enforced by the pandemic as well as the transference to DVB-T2 broadcasting. The better picture quality, expanding HbbTV service offerings, integration with streaming platforms or smart assistants has been welcomed by Czech consumers, with such features now expected rather than added value.
There are only six remaining companies within video players to hold non-negligible share, with the collection of smaller players under “others” holding the leading share. Those with non-negligible share in video players are major global companies, namely Sony, Panasonic, LG, Philips, Fast, and Pioneer Electronic.
More than half of households in the Czech Republic already have more than one TV, with this practice expected to grow further in the coming years. This will be aided by the expansion of the use of TVs for gaming and streaming media as well as watching traditional TV channels.
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Understand the latest market trends and future growth opportunities for the Home Video industry in Czech Republic 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 Video industry in Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Video includes televisions and video players.See All of Our Definitions
This report originates from Passport, our Home Video research and analysis database.
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