"Home Audio and Cinema in the United Arab Emirates" is now available at Fast Market Research

With high rents and a large average number of people per household, space is at a premium for many consumers in the United Arab Emirates. Consequently, there is strong interest in compact home audio and cinema that can also offer impressive sound quality. With consumers being keen early adopters of new technology, many were thus attracted by 2015 innovations catering to these demands, such as Sony's MHC-V7D Mini Hi-Fi System Bose Lifestyle SoundTouch 525 in home cinema and speaker systems. Innovative products also appeal from the United Arab Emirates being a popular destination for shopping tourism, with many tourists being keen to buy the latest products in this area.

Competitive Landscape

Samsung and Sony are the leading players in home audio and cinema, accounting for 18% and 17% retail volume share respectively in 2015. These players benefit from offering trusted brand names and a wide range of products. However, competition is intensifying in home audio and cinema, with sales polarising to an extent. Consequently, both of these leaders lost share marginally in 2015 over the previous year.

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Industry Prospects

With homes continuing to become smaller in the United Arab Emirates, as a result of increasingly crowded cities and rising rents, there is expected to be a growing focus on space-saving products in home audio and cinema. Consequently, many consumers are expected to switch to compact home cinema and speaker systems, with this impacting all other product areas in home audio and cinema. Home cinema and speaker systems will thus be the only area to see retail volume growth in the forecast period, with all other product areas set to see decline.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in United Arab Emirates with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in United Arab Emirates, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in United Arab Emirates market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

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