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LOUDSPEAKERS

Global Market Trajectory & Analytics

MCP-1224

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

2925

Interactions with Platform & by Email *

INTERACTIONS

527

Unique # Participated *

PARTICIPANTS

88

Responses Validated *

VALIDATIONS

41

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  •  DATE

    JUNE 2020

  •  TABLES

    120

  •  PAGES

    520

  •  EDITION

    17

  •  PRICE

    US$5600

COVID-19 IMPACT SURVEY MAY 2020
The global market for Loudspeakers is forecast to reach 51.2 billion units by 2024, driven by the rapid rise of streaming video-on-demand and parallel increase in at-home movie watching; growing number of cloud music streaming subscriptions and the resulting need for whole house music and multi-room audio systems. The market stands to benefit from the rise of at-home entertainment and the migration to digital forms of entertainment and service delivery platforms. Launch of bandwidth intensive 4G technology, massive improvements in audio and video streaming and development of affordable internet connected TVs are primary factors driving the home entertainment trend. Against the backdrop of the current golden age of digital entertainment, there is a radical increase in the number of hours spent by people watching movies, listening to music and playing video games at home. With all current generation movies and videos featuring immersive HD image resolution and 7.1 surround sound, there is a strong need for high fidelity audio. Asia-Pacific ranks as the fastest growing market led by digitalizing lifestyles of the middle class population and a parallel increase in appetite for digital consumer technologies; increased consumer preference for affordable assembled speakers to supplement audio performance of flat panel TVs; developing internet and telecom industry and the resulting leapfrogging of Southeast Asian countries to digital forms of entertainment that provide opportunities for loudspeakers ranging from docking speakers, sound bars to whole house audio and multi-room sound solutions.

SEGMENTS

» Product Segment (Soundbars, Satellite/Subwoofer Speakers, Subwoofer Speakers, Outdoor Speakers, In-Wall Speakers, Other Product Segments)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
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