The consumer audio market size is valued at USD 196,324 million by 2028 is expected to grow at a compound annual growth rate of 14.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on consumer audio provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Market research analysis data included in this report lend a hand to businesses for planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. What's more, Consumer Audio Market report presents the data and information for actionable, most recent and real-time market insights which makes it easier to even take critical business decisions.
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Market Overview:
· Consumer audio are the type of audio electronics intended for home entertainment use, such as music centers, shelf stereos and surround sound receivers. These equipments are designed to have pleasant looks and they are predestined to pleasing sound.
· The high demand for infotainment devices is expected to influence the growth of consumer audio market over the forecast period of 2021 to 2028. Also the increase in the levels of smart homes and proliferation of connected homes are also anticipated to flourish the growth of the consumer audio market. Furthermore, the increase in use of wireless audio devices in commercial sector and high RD Expenditure by OEMs for development of new and advanced wireless audio devices are also likely to positively impact the growth of the market. Moreover, the technologically advanced features integrated in devices with the mounting popularity of audio technologies are also expected create a huge demand for consumer audio as well as lifting the growth of the consumer audio market.
Market Scope and Size:
The consumer audio market is segmented on the basis of product type into headphones, headsets, speaker systems, soundbars, microphones and others. Others have further been segmented into audio/video (A/V) controllers, A/V receivers, power amplifiers, radio tuners and dedicated speaker docks.
· On the basis of technology, the consumer audio market is segmented into smart devices and non-smart devices.
· Based on functionality, the consumer audio market is segmented into bluetooth, Wi-Fi, Bluetooth+Wi-Fi, airplay, radio frequency and others. Others have further been segmented into all play, wireless speaker and audio (WISA), skaa, play-fi, kleernet and infrared (IR).
Country Level Analysis:
The countries covered in the consumer audio market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Key Players:
· HARMAN International
· Apple Inc.
· Bose Corporation
· JVCKENWOOD Corporation
· Koninklijke Philips N.V.
· Panasonic Corporation
· Plantronics Inc.
· Onkyo Pioneer Corporation
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TABLE OF CONTENTS:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-consumer-audio-market
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