Video Players - Finland

Finland

Highlights

The revenue generated in the Video Players market in 2024 amounts to US$6.5m.
It is projected that this market will experience an annual growth rate of -1.24%, as measured by the compound annual growth rate (CAGR) from 2024 to 2029.
When compared to other countries globally, United States leads in terms of revenue generation, with US$481.1m recorded in 2024.
In relation to the total population figures, per person revenues of US$1.16 are expected in 2024.
Looking ahead, the volume of the Video Players market is projected to reach 69.5k pieces by 2029.
However, there is a slight decline expected in 2025.0, with a volume growth rate of -3.0%.
On an individual basis, the average volume per person in the Video Players market is anticipated to be 0.0pieces in 2024.
It is worth noting that these statistics pertain specifically to the Video Players market, and in the context of the country in Finland.
The demand for video players in Finland has been steadily increasing, with a focus on advanced features and user-friendly interfaces.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.