Home Audio and Cinema in Sweden

Feb 23, 2015 - Euromonitor International - 17 pages - USD $900
Abstract Table of Contents Request Details Related
The main influence on home audio and cinema sales in Sweden during 2014 was the continued digitalisation of media consumption. Digital media player docks showed the fastest growth for the year and excluding the minimal volume growth that speakers and audio separates had, it was the only market category that had promising growth. This was further evidence that Swedes have turned their media consumption digital. In 2013, 76% of the music sold in Sweden was purchased digitally according to the Swedish Recording Industry Association. Added to the declining popularity of home audio and cinema products is also the increased usage and development of portable media devices such as tablets, laptops and smartphones where almost all of the media are digital. The Swedes left using home audio and cinema products are the purists who value a higher quality in the media output and an older generation who continue to consume their media and listen to their record collections through various record players and sound systems.

Industry Prospects

The retail volume sales for home audio and cinema in Sweden will be limited over the forecast period due to increased usage and purchases of digital media and portable devices for these media. Ease of use and speedy access to media are just going to increase further in the coming years, and the decrease of leisure time will have Swedes requiring access to their media through an increased number of portable devices that can be used on the go. Permanent installations of home audio and cinema products will become less attractive and take up unnecessary space in Swedes’ homes over the forecast period due to this shift in usage.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Sweden 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 Sweden, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Sweden market research report includes:
  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
  • What is the market size of Home Audio and Cinema in Sweden?
  • What are the major brands in Sweden?
  • What is the growth rate for Home Cinema and Speaker Systems?
Reasons to Get this Report
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  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

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About the Publisher
Euromonitor International is a world leading independent provider of business intelligence on industries, countries and consumers. Their business intelligence products include award-winning online information databases, market reports and business reference books. Founded in 1972, Euromonitor International is a privately owned company with offices in London, Chicago, Singapore, Shanghai and Vilnius. Euromonitor has a team of over 600 in-country analysts worldwide, giving them a unique capability to deliver high quality and reliable business information.