Boston, MA -- (SBWIRE) -- 12/04/2014 -- Home audio and cinemas developments in Colombia are quite orientated towards improving sound output and interconnection with other consumer electronics. Home cinema and speaker systems are becoming more affordable and often they provide the first BD players in the homes of many consumers. This quite strong relationship is pretty clear as BD players are mainly sold in bundles within home cinema and speaker systems in a box. However, these are not the only electronics being connected to televisions. Sound bars and even hi-fi systems are other options explored by consumers to enhance their experience with growing 3D and UHD (known popularly as 4K in most brands) internet smart TVs.

Industry Prospects

Home audio and cinema in Colombia is expected to remain valid over the forecast period to the extent that connectivity allows it to be used with several electronics considered as sources, such as televisions, smartphones and portable media players. Consumers? interest in enhancing their sound perception from different sources will keep sales up. More versatile hi-fi systems with several connectivity options may fight against closed and dependable digital media player docks and home cinema and speaker systems. The options available in home audio and cinema are likely to keep sales up as consumers will have several alternatives based on specific tastes and needs. Consumers wanting autonomous electronics will certainly opt for stand-alone hi-fi systems with versatile connectivity in order to enjoy internet-based and traditional radio and streaming services. Those focused on sound quality, performance and specialisation may choose digital media players docks and home cinema and speaker systems. A more reduced but knowledgeable group will continue opting for audio separates and speakers to put together their own home audio systems. The way they are used will also shape the prospects of home audio and cinema. There will be consumers wanting compact, hi-fi output and discrete systems to fit with their house decor. Younger consumers may be inclined to try larger hi-fi systems with lights and DJ functions in order to party at home.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Colombia 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 Colombia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Colombia 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

Our market research reports answer questions such as:

- What is the market size of Home Audio and Cinema in Colombia?
- What are the major brands in Colombia?
- What is the growth rate for Home Cinema and Speaker Systems?

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