Home Entertainment - D-A-CH

  • D-A-CH
  • Revenue in the Home Entertainment market is projected to reach US$1.1bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.05%, resulting in a projected market volume of US$1.3bn by 2029.
  • In the Home Entertainment market, the number of active households is expected to amount to 52.3m users by 2029.
  • Household penetration will be 24.8% in 2024 and is expected to hit 105.7% by 2029.
  • The average revenue per installed Smart Home currently is expected to amount to US$91.28.
 
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Analyst Opinion

The Home Entertainment market in D-A-CH, consisting of Germany, Austria, and Switzerland, is experiencing significant growth and development. Customer preferences in the D-A-CH region are shifting towards more immersive and interactive home entertainment experiences.

Consumers are increasingly seeking high-quality audio and visual equipment, such as large-screen televisions and surround sound systems, to enhance their viewing experience. Additionally, there is a growing demand for smart home devices that integrate entertainment systems with other household appliances and technologies. Trends in the market reflect these changing preferences.

The adoption of streaming services, such as Netflix and Amazon Prime Video, is on the rise, as consumers prefer the convenience and flexibility of accessing a wide range of content on-demand. This trend is driving the decline of traditional cable and satellite TV subscriptions. Furthermore, there is a growing interest in virtual reality (VR) and augmented reality (AR) technologies, which offer new and immersive ways to consume entertainment content.

Local special circumstances in the D-A-CH region also contribute to the development of the Home Entertainment market. The region has a strong economy and high disposable income, allowing consumers to invest in high-end entertainment systems. Additionally, the D-A-CH countries have a rich cultural heritage and a strong tradition of media consumption, which fuels the demand for home entertainment products and services.

Underlying macroeconomic factors further support the growth of the Home Entertainment market in D-A-CH. The region benefits from a stable political environment and a well-developed infrastructure, which facilitates the distribution and consumption of entertainment content. Moreover, the increasing availability of high-speed internet connections enables seamless streaming and downloading of digital media.

In conclusion, the Home Entertainment market in D-A-CH is experiencing growth and development driven by changing customer preferences, technological advancements, and favorable macroeconomic factors. Consumers in the region are seeking immersive and interactive entertainment experiences, leading to the adoption of streaming services and the demand for high-quality audiovisual equipment. The D-A-CH region's strong economy, cultural heritage, and well-developed infrastructure further contribute to the market's growth.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. 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 innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

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 once a year, in case market dynamics change we do more frequent updates.

Overview

  • Revenue
  • Key Players
  • Product Types
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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