Author: Chris Bull
Date Published:
The Global Home Audio Market
The global home audio market experienced a turbulent time in 2021, though still achieved 14% year-on-year value growth, with further expansion expected out to 2025.
Despite industry concerns about the impact that COVID-19 would have on demand, the challenges stemmed from global supply side issues instead. Staff absences and labour shortages proved to be the problem, not the consumer hesitancy and cost cutting that many had feared. This created price increases, reduced the consistency of promotional activity, and also led brands to streamline their product ranges, prioritising flagship products and postponing new releases.
Moving forward, out to 2025, the market will continue to perform positively, with volume having a slight edge over value, though this is dependent on sustained investment to resolve supply chain issues and reduce ASPs.
This 58-page home audio market report provides an updated outlook for global developments in wireless speakers, soundbars, A/V receivers, home theatre audio, smart speakers and Hi-Fi system markets. Research was conducted in Q4 2021 and quantifies the market in terms of value and volume for 2019 to 2025.
The report provides a strategic framework for any enterprise with interests in the home audio equipment market.
| Comprehensive PDF report
| Executive summary
| Home audio market size
| Home audio market outlook by region and by device
| Wireless speaker market outlook, development and ownership
| Wi-Fi speakers brand share and price segmentation
| Smart speaker market outlook and usage
| Bluetooth speakers brand share
| Party speakers
| Soundbars market outlook, usage, segmentation and brand share
| Hi-Fi systems market outlook
| A/V receivers market outlook
| Home audio brand landscape
| Accompanying Excel spreadsheets
| An updated outlook for the worldwide home audio market
| Sales, shipment volumes, and installed base
| Five-year market forecasting
| Vertical analyses
Futuresource has been tracking, researching and consulting on the CE landscape for the last 30 years. This publication is one in a series of research reports, produced to provide businesses with a fully rounded view of the market.
Any business operating within the home audio space and related sectors will benefit from this report, particularly:
| Manufacturers and their suppliers
| Intermediaries and supply chain
| Retailers
| CE market strategists, marketing and sales professionals
| Investors
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