Category: Audio Equipment
Audio Equipment market research reports by Euromonitor International
-
South Korea Home Audio and Cinema
Home Audio and Cinema in South Korea Home audio and cinema in South Korea will see a modest decline in volume terms in 2024, continuing the trend of the previous two years. Sales are being dampened by a return to busy, pre-pandemic lifestyles and the consequent return of consumers to out-of-home ent ... Read More
-
Nigeria Headphones
Headphones in Nigeria High inflation has significantly impacted consumers' purchasing power, prompting a notable shift towards more affordable mass headphone brands in Nigeria in 2024. This shift has driven the growth of headphones, particularly the TWS earbuds and wireless headband sub-categories. ... Read More
-
Saudi Arabia Portable Players
Portable Players in Saudi Arabia Wireless speakers is the winning category within portable players in Saudi Arabia. Streaming services and smartphones with poor audio quality are driving demand for wireless speakers. Streaming services often offer high-quality audio options, such as lossless or high ... Read More
-
Israel Home Audio and Cinema
Home Audio and Cinema in Israel Sales of home audio and cinema are likely to see decline in Israel in 2024 as consumers continue to cut back on non-essential expenditure. Moreover, demand for these products has been falling steadily for several years due to cannibalisation by other devices amidst ch ... Read More
-
Saudi Arabia Home Audio and Cinema
Home Audio and Cinema in Saudi Arabia In 2024, volume sales of home audio and cinema continued to decline, but at a much lower rate than in recent years. Consumer demand for high-performance home theatre experiences is increasing in Saudi Arabia, owing to increased disposable income, which is drivin ... Read More
-
South Korea Portable Players
Portable Players in South Korea Overall demand for portable players is expected to increase in South Korea 2024, driven solely by wireless speakers, which accounts for the bulk of retail volume sales. Thess devices offer the flexibility of portable, cable-free listening, and are compatible with mode ... Read More
-
Spain Headphones
Headphones in Spain Headphones represent the most dynamic segment of the consumer electronics market in Spain in retail volume terms. Growth is being primarily driven by True Wireless Stereo (TWS) earbuds, particularly the mass market segment. This surge is attributable to the influx of smaller, bud ... Read More
-
Italy In-Car Entertainment
In-Car Entertainment in Italy In-car entertainment remains in a structural slump in Italy in 2024, for a few reasons. A tough economic environment and a decline in disposable spending have taken their toll on car ownership and replacements. Italian consumers tend to keep their older cars for longer, ... Read More
-
Spain Portable Players
Portable Players in Spain The market for portable players in Spain is set to see modest growth in retail volume terms in 2024, driven exclusively by wireless speakers. Advancements in technology have enhanced the functionality and appeal of wireless speakers, making them an essential component of mo ... Read More
-
Nigeria In-Car Entertainment
In-Car Entertainment in Nigeria In 2024, volume sales of in-car entertainment in Nigeria is set to record a decline. The demand for in-car navigation systems continues to decline sharply in 2024, largely due to the widespread adoption of smartphones equipped with advanced navigation systems. Consume ... Read More
-
Italy Headphones
Headphones in Italy Sales of headphones achieve small positive growth in Italy in 2024, as consumers are increasingly incorporating the use of headphones into their daily lives, at home, at work, and while on-the-go. This enables people to listen to music, consume media content, or simply block out ... Read More
-
Italy Home Audio and Cinema
Home Audio and Cinema in Italy Home audio and cinema remains in a slump in Italy in 2024, in both volume and value terms, albeit with improvements in sales compared to the previous year. These improvements in sales are attributed to connected technological developments within the home, whereas brand ... Read More
-
Israel Portable Players
Portable Players in Israel Portable players is set to see volume sales increase in Israel in 2024 driven by wireless speakers. In keeping with its results throughout the review period, the wireless speakers category is set to see volume growth in 2024. It continues to benefit from the increasing con ... Read More
-
Nigeria Portable Players
Portable Players in Nigeria In 2024, retail volume sales of portable players in Nigeria are anticipated to record positive growth. The persistent challenge with power supply in Nigeria has significantly contributed to the growth of portable players, particularly wireless speakers. The erratic electr ... Read More
-
Portugal Home Audio and Cinema
Home Audio and Cinema in Portugal In 2024, home audio and cinema in Portugal saw declines in both volume and current value terms. Improvements in smartphones, high-quality wireless speakers and TV sound quality have contributed to this trend. The rising popularity of streaming services, such as Spot ... Read More
-
South Korea Headphones
Headphones in South Korea The market for headphones in South Korea will see positive growth in retail volume terms in 2024, in contrast to the declines of the previous two years. TWS earbuds will be the key performance driver, with noise-cancelling features and superior sound quality driving their p ... Read More
-
Portugal Portable Players
Portable Players in Portugal The ongoing popularity of wireless speakers helped to drive positive overall category performance in both volume and current value terms in Portugal in 2024. The subcategory offers a wide range of options with good sound quality at competitive prices, stimulating sales. ... Read More
-
Saudi Arabia Headphones
Headphones in Saudi Arabia The popularity of wireless and true wireless headphones continues to grow in 2024, driven by the convenience of wireless connectivity and Bluetooth technology. Many people find true wireless headphones to be more stylish and visually appealing compared to traditional wirel ... Read More
-
Spain In-Car Entertainment
In-Car Entertainment in Spain The in-car entertainment industry in Spain is facing significant challenges, with retail volume sales expected to post a substantial decline in 2024, continuing the trend observed in previous years. This is a reflection of evolving consumer preferences and technological ... Read More
-
Morocco In-Car Entertainment
In-Car Entertainment in Morocco In-car entertainment is expected to register further volume decline in Morocco in 2024, with in-car navigation in particular performing badly. There is growing obsolescence, as new cars come equipped with integrated in-car entertainment, reducing the need for separate ... Read More
-
Spain Home Audio and Cinema
Home Audio and Cinema in Spain The market for home audio and cinema in Spain is expected to face a continued decline in demand in 2024, driven by technological advancements and evolving consumer preferences. Younger consumers, in particular, especially those living in urban areas with limited living ... Read More
-
Morocco Home Audio and Cinema
Home Audio and Cinema in Morocco Although the overall demand for home audio and cinema systems is expected to see little to no growth in retail volume terms in 2024, certain devices such as soundbars prove to be an exception. They continue to sell well and are seen as an affordable upgrade to enhanc ... Read More
-
Israel In-Car Entertainment
In-Car Entertainment in Israel In-car entertainment is likely to continue its trajectory in Israel over 2024 and see a further contraction of sales in value and volume terms as consumers back off from buying new cars and/or updating the equipment in older vehicles. A lack of consumer confidence and ... Read More
-
South Korea In-Car Entertainment
In-Car Entertainment in South Korea The market for in-car entertainment in South Korea is set to see a significant decline in retail volume terms in 2024, continuing the trend established during the review period. In-car navigation systems are being replaced by high-tech, factory-installed infotainm ... Read More
-
Portugal Headphones
Headphones in Portugal TWS earbuds were the primary driver of volume growth in headphones in Portugal in 2024. The increase in outdoor activities and the return to offices post-pandemic have boosted the use of these devices for listening to music and podcasts, making calls or participating in meetin ... Read More
Research Assistance
