Home Entertainment - Costa Rica
Costa Rica- The projected revenue in the Home Entertainment market for Costa Rica is expected to reach US$5.5m in 2024.
- This is projected to show an annual growth rate (CAGR 2024-2028) of 10.07%, resulting in a projected market volume of US$8.0m by 2028.
- In Costa Rica, the number of active households in the Home Entertainment market is expected to amount to 157.7k users by 2028.
- The household penetration rate is projected to be 5.4% in 2024 and is expected to increase to 8.8% by 2028.
- Currently, the average revenue per installed Smart_Home in Costa Rica is expected to be US$59.93.
- In a global comparison, it is noteworthy that 0.0 generates the most revenue in the Home Entertainment market, with 0.0 in 2024.
- Costa Rica's home entertainment market is experiencing a surge in demand for smart TVs and streaming services.
The Smart Home market Home Entertainment comprises the sale of products and services for multi-room entertainment (e.g. sound systems) as well as connected remote controls and streaming devices (e.g. Amazon Fire TV stick, Google Chromecast).
General, freely programmable buttons and switches (see Control & Connectivity) or light bulbs for different lighting scenarios (see Comfort & Lighting) are not included. Smart TVs are also not considered here because their functions are, in most cases, not directly controlled via the Internet but networking is primarily used for the retrieval of media content.
In-Scope
- Digitally connected and controlled devices for entertainment purposes
- Various multiroom entertainment systems (audio and/or video) with a primary focus on entertainment
- Streaming devices (e.g. Amazon Fire TV stick, Google Chromecast)
- Entertainment remotes
Out-Of-Scope
- Classical entertainment devices without smart home connection
- Smart TVs and receivers without smart home integration
- Smart speakers with a primary focus on Control & Connectivity (Amazon Echo, Google Home etc.)
- B2B/C2C sales of any kind (e.g. to hotels or office buildings)
