The European home entertainment devices industry is estimated to record a healthy CAGR during the forecast period (2020-2026). Increasing the tech-savvy population, rising consumer purchasing power, and increasing levels of disposable incomes are all playing an imperative role in the growth of the home entertainment devices in Europe. In the last decade, the whole of the entertainment devices industry has grown significantly in the region, especially in the northern part of Europe; UK, Germany, and the Netherlands.
Browse the full report description of "European Home Entertainment Devices Market Size, Share & Trends Analysis Report by Product Type (Audio Devices, Video Devices, and Gaming Consoles) by Distribution Channel (In-Store and Online) Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/european-home-entertainment-devices-market
With new entrants launching OTT (over-the-top) services, the competition between media companies intensifies causing an upsurge in demand for home entertainment devices in Europe. The users of OTT services are increasing at a rapid pace, stimulating the need for devices such as 4K television sets, Blu-ray home theatre systems, advanced audio equipment, among more. Additionally, the ecosystem of media in Europe is evolving rapidly and increasing audience fragmentation, expanding OTT options, and accelerating declines of pay-TV subscribers, are some of the factors to be considered which will drive significant evolution in European home entertainment devices market.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
European Home Entertainment Devices Market Report Segment
By Product Type
By Distribution Channel
European Home Entertainment Devices Market – Segment by Region