Speakers - Finland

  • Finland
  • The revenue generated in the Speakers market in Finland is projected to be €79.5m in 2024.
  • This market segment is expected to grow annually by 3.20% (CAGR 2024-2029).
  • In comparison to other countries, in China generates the highest revenue in the global Speakers market, amounting to €11,400.0m in 2024.
  • Considering the total population figures, in Finland is expected to generate per person revenues of €14.28 in 2024.
  • The volume of the Speakers market in Finland is projected to reach 816.9k pieces units by 2029.
  • Additionally, there is an expected volume growth of 5.2% units in 2025.
  • On average, each person in Finland is expected to contribute to a volume of 0.1pieces units in the Speakers market in 2024.
  • It is worth noting that these figures pertain specifically to the market segment Speakers market in Finland.
  • Finland's speaker market is dominated by high-quality, innovative brands like Genelec and Nokia that cater to the country's discerning audio enthusiasts.

Key regions: Brazil, Europe, Canada, India, United Kingdom

 
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Comparaison de régions
 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. 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 electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

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 twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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