"Home Audio and Cinema in the Czech Republic" Published

Home audio and cinema continued to perform negatively during 2015 as a 3% volume sales decline was recorded. Czechs did not perceive it worthwhile investing in these devices and preferred streaming sound and video via smartphones and tablets, which have other important purposes. The high replacement cycle of home audio and cinema meant that consumers did not need to replace their old devices with new ones and used them until they no longer functioned.

Competitive Landscape

The competitive landscape of home audio and cinema is led by strong companies, which have international experience and brands that are well known among consumers around the world. Sony Central & Southeast Europe Kft was the leading company in 2015 with a 19% volume share, followed by Samsung Electronics Czech & Slovak sro with 19% also. For Czechs, the most important factors influencing their purchasing habits are their trust in the quality of the product, its availability and its price.

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Industry Prospects

For Czechs, home audio and cinema products will not be interesting in the forecast period due to their usage limitation, and consumer will prefer to use their computers or tablets for streaming music and video. Moreover, consumers will use TVs less due to increasing online streaming of TV programmes on the internet.

Report Overview

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

The Home Audio and Cinema in Czech Republic 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 Czech Republic?
* What are the major brands in Czech Republic?
* What is the growth rate for Home Cinema and Speaker Systems?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

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