The outlook for home audio and cinema over the forecast period is bleak, with all categories projected to shrink consistently in volume sales terms. Demand will continue to fall in line with the increasing preference for streaming digital media via smartphones, computers, wireless speakers and smart TVs.
As more Israelis migrate to alternative devices and streaming services, over the forecast period demand for home audio and cinema products will increasingly be concentrated among a relatively small base of audiophiles and videophiles seeking superior quality listening and viewing experiences. Audio separates and home cinema and speaker systems are better placed to meet the demands of these “purists”, and should therefore continue to see volume sales decline at a slower pace than other categories.
Diminishing interest in home audio and cinema will continue to discourage the entry of new players over the forecast period, while also limiting investment in innovation by established manufacturers. As competition intensifies, it is likely companies will either seek to win over consumers by launching more affordable products, or focus on developing higher-end models aimed at audiophiles and videophiles.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Israel 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 Israel, 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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