Home audio and cinema will remain in a negative slump over the forecast period, due to failing interest in the overall category. Consumers are increasingly seeing such products as unnecessary and are instead seeking multi-functional devices which are perceived to offer better value, such as high-quality laptops, desktops, and televisions.
Digital and technological developments in home audio and cinema are not expected to be significant over the forecast period, as these products are losing attraction for consumers. Therefore, manufacturers are not expected to focus on the innovation of these products.
Rather than significant innovation in home audio and cinema, it is expected that simplification will take place, with any developments more focussed on streamlining, and/or incorporating modern technologies such as Artificial Intelligence (AI). Regarding the latter, this could include voice-controlled devices, or technology to improve sound quality.
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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 definitionsThis report originates from Passport, our Home Audio and Cinema research and analysis database.
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