All items tagged with Market reports (104)

Global Home Audio Market Dominated by Tech Giants and Big Brands in Q2 2020

August 21, 2020 by Futuresource Consulting

Global Home Audio Market Dominated by Tech Giants and Big Brands in Q2 2020

The CE Team at Futuresource Consulting shared some key topics and trends from its latest Global Home Audio Report, revealing how home audio products have returned to strength in Q2 2020. Global home audio products posted an unexpected strong performance in Q2 2020, delivering 20% shipment growth and 10% value growth quarter-on-quarter, according to preliminary results from Futuresource Consulting’s latest quarterly tracker. APAC leads the way, with North America and Western Europe in recovery.

Global Smart Speaker Sales Reach 30 Million Units in Q2 2020

August 12, 2020 by audioXpress Staff

Global Smart Speaker Sales Reach 30 Million Units in Q2 2020

Defying the impact of the pandemic, global sales of smart speakers in Q2 2020 rose to 30.0 million units, an increase of 6% compared to Q1, according to preliminary results from Strategy Analytics. On a year-on-year basis, worldwide shipments of smart speakers and smart displays fell by 0.4% in Q2 2020, still a very robust indicator. Amazon retained first place with a share of 21.6%, followed by Google (17.1%) and Baidu (16.7%).

Consumer Headphones and Bluetooth Are Infiltrating Everyday Office Life says SAR Insight & Consulting

July 31, 2020 by audioXpress Staff

Consumer Headphones and Bluetooth Are Infiltrating Everyday Office Life says SAR Insight & Consulting

The coronavirus pandemic created a cultural shift in enterprise headset use, particularly in the office, as workers chose their own equipment and incorporated Bluetooth connectivity into their routine, according to the latest report by SAR Insight & Consulting. Research by the market analyst firm found that the lockdown that most countries implemented following the pandemic had other unforeseen knock-on effects.

China Will Surpass the United States in Voice Control Front End Shipments in 2020

June 24, 2020 by audioXpress Staff

China Will Surpass the United States in Voice Control Front End Shipments in 2020

Chinese smart home players are poised to parlay strength in smart home voice control into global influence. According to ABI Research, China will surpass the United States in voice control front end shipments by 15 million units at the end of 2020. Overall, the Asia-Pacific smart home installed base will grow from 66 million in 2020 to 316 million (a 30% CAGR) between 2020 and 2026, states the global tech market advisory firm. In the same period, the smart home installed base in the United States will grow a mere 3.6%.

Global Headphones Market on Track for 27% Value Growth

May 4, 2020 by audioXpress Staff

Global Headphones Market on Track for 27% Value Growth

The Consumer Electronics team at Futuresource Consulting shared the latest key trends from the company's Worldwide Headphone Market Report. Despite the impact of COVID-19, the worldwide headphones aftermarket will enjoy another year of strong growth in 2020. According to new figures released by Futuresource, the category is on track to end the year with a 10% year-on-year increase in volume and 27% in value.

Home Audio Products Achieve Highest Year-on-Year Growth Rate

March 24, 2020 by Futuresource Consulting

Home Audio Products Achieve Highest Year-on-Year Growth Rate

Futuresource Consulting announced the availability of its latest Home Audio Tracking Report with smart speakers continuing to drive the market followed by home automation, immersive smart sound bars and smart displays. In the company's global Home Audio quarterly market analysis and commentary, Futuresource confirmed that smart speakers achieved a 53% growth since Q4 of 2018. Until now heavily concentrated in English and Chinese speaker markets, smart speakers are starting to expand to other language markets.

New Global Power Amplifier Market Analysis by Futuresource

February 4, 2020 by Futuresource Consulting

New Global Power Amplifier Market Analysis by Futuresource

Driven by consumer demand for bigger and better audio-visual experiences, the power amp market is on track to achieve a worldwide value of $785 million in 2020, according to a new industry report from Futuresource Consulting. The UK-based market research firm announced a new report focusing on the Professional Power Amplifiers category, following the success of the previous Loudspeakers and Microphones market reports.

Virtual Assistants to Exceed 2.5 Billion Shipments in 2023

December 23, 2019 by audioXpress Staff

Virtual Assistants to Exceed 2.5 Billion Shipments in 2023

The market for virtual assistants (VAs) continues to illustrate strong positive momentum, according to a new report from Futuresource Consulting. Shipments of products supporting virtual assistants rose 25% year-on-year to 1.1 billion units in 2019, with the market on course to exceed 2.5 billion shipments by 2023. Apple leads the market in terms of products sold with support for its Siri voice assistant.

Futuresource Updates Headphones Market Report for 2020

December 12, 2019 by audioXpress Staff

Futuresource Updates Headphones Market Report for 2020

The aftermarket headphones segment continues to attract consumer spend, with 2019 shaping up to be another industry high point, according to the new Headphones Market report from Futuresource Consulting. The headphones market continues its recent trend of solid growth in volumes - 5% year-on-year - and substantial growth in revenue (14%). True wireless and Active Noise Cancelling (ANC) are the main engines of growth in the total value of the headphones market accompanied by the rising ASP's, as consumers demand for new premium features remains strong.

Global True Wireless Hearables Market to Grow by 90% to 230 Million Units in 2020

December 6, 2019 by audioXpress Staff

Global True Wireless Hearables Market to Grow by 90% to 230 Million Units in 2020

The size of the global market for true wireless earbuds and the emerging category of hearables is expected to reach 120 million units this year and 230 million units in 2020, growing 90% YoY, according to the findings of Counterpoint Research’s latest Hearables Market Forecast. The overall true wireless market is expected to grow at 80% CAGR from 2019 to 2022 with a similar growth momentum as the early smartphone market a decade ago.

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