Home Entertainment - Ethiopia
Ethiopia- The projected revenue for the Home Entertainment market in Ethiopia is expected to reach US$8.9m in 2024.
- This represents the estimated total income generated from this market segment within the country.
- Looking ahead, the revenue is predicted to experience an annual growth rate of 11.94% between 2024 and 2028, resulting in a projected market volume of US$14.0m by 2028.
- In line with this growth, the number of active households in the Home Entertainment market is expected to increase to 516.5k users by 2028.
- This indicates the estimated number of households actively participating in this market segment in Ethiopia.
- Furthermore, household penetration, which refers to the percentage of households engaging with the Home Entertainment market, is projected to rise from 1.1% in 2024 to 1.8% by 2028.
- This demonstrates the increasing popularity and adoption of Home Entertainment market products and services among Ethiopian households.
- Currently, the average revenue per installed Smart_Home in Ethiopia is expected to be US$32.04.
- This figure represents the average income generated per Smart_Home installation in the country.
- When comparing in Ethiopia to other countries globally, it is worth noting that 0.0 generates the highest revenue in the Home Entertainment market.
- In 2024, 0.0 is projected to generate a revenue of 0.0.
- This highlights the significant market size and potential of the Home Entertainment market 0.0 compared to other countries, including in Ethiopia.
- Ethiopia's home entertainment market is witnessing a surge in demand for streaming services, driven by the increasing availability of high-speed internet and the growing popularity of local and international content.
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)
