Recent years have seen soaring use of online content streaming services in Argentina and this trend is set to continue building during the forecast period. The expansion of this way of consuming music, TV series and films is expected to present various challenges and opportunities to the leading names in home audio and cinema, driving demand for such products whilst at the same time also driving the shift away from in-home consumer electronics and towards portable consumer electronics.
As mentioned above, the rise of smart TVs and increasing interest in video streaming services means that home cinema speaker systems has strong prospects for sales growth over the forecast period via rising demand for soundbars. This trend is set to develop hand-in-hand the expansion of streaming services, with the functionalities and appeal of soundbars from a design and functionality viewpoint are set to remain key drivers of rising demand for these products.
The forecast period is expected to see a slump in demand for hi-fi systems, still the largest category in home audio and cinema. This means that fully volume sales in hi-fi systems will inevitably undermine overall demand for home audio and cinema.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Argentina 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 Argentina, 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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