Professional power amplifiers poised for long-term profitability
Professional power amplifiers continue to gain momentum after a pandemic-induced poor performance in 2020. The market achieved a global value of $668 million in 2022, according to Futuresource Consulting’s latest industry report, and is on track to exceed pre-pandemic levels this year, with a projected market value of $753 million.
Pro loudspeaker market shakes off the slowdown, on track to break $3 billion barrier
After two challenging years, the global professional loudspeaker market is presenting vigorous signs of recovery across a number of segments. A new report from Futuresource Consulting shows that the overall market achieved a value of $2.7 billion in 2022, and will break the $3 billion barrier this year, to exceed pre-pandemic levels.
Audio Collaborative 2023: Tuning in to the audio opportunity in retail
After a rocky few years, the Installed Commercial segment is firmly back in a growth phase. In 2022, expansion was remarkable, closing in at 14% year-on-year. By the end of 2023, Futuresource expects the market to exceed its pre-pandemic levels, with investments in the space climbing.