All items tagged with market research (181)
Audio Networking Achieves Critical Scale as Latest Statistics on Adoption Reveal
March 6, 2020 by audioXpress Staff

Audio Networking Achieves Critical Scale as Latest Statistics on Adoption Reveal

Now in its 7th year of reporting, audio consultancy RH Consulting has released its latest ‘state of the union’ on networked audio products. Recognized across the AV and Broadcast industries as the benchmark for tracking trends in networked audio, the report details the latest statistics on adoption of networked audio products, covering Dante, Ravenna, AVB, Milan and other protocols. Increasing adoption of the AES67 interoperability standard is a notable trend.
Read more...
New Record for Smart Speakers As Global Sales Reached 146.9 Million in 2019
February 14, 2020 by audioXpress Staff

New Record for Smart Speakers As Global Sales Reached 146.9 Million in 2019

The global smart speaker market reached a new high in 2019 with sales of 146.9 million units, an increase of 70% on 2018, according to new research from Strategy Analytics. Amazon remained the leading brand with a share of 26.2%, down from 33.7% 2018. Google retained second place with a 20.3% share, also down from 25.9% the previous year. Chinese vendors Baidu, Alibaba and Xiaomi all increased their shares, while Apple remained in sixth place with 4.7%.
Read more...
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.
Read more...
52% of US Smart Speaker Owners Are Controlling TV With Voice
January 28, 2020 by audioXpress Staff

52% of US Smart Speaker Owners Are Controlling TV With Voice

75 million people in the US are now using a smart speaker, and more than half of them – 39 million – are using it to control their smart TV, video streamer or other TV device at least weekly. This finding comes from Strategy Analytics’ latest report, 2019 Smart Speaker User Survey – US Results, and is based on a survey of 1136 users of smart speakers carried out in July and August 2019.
Read more...
Smart Speaker Ownership Reaches 60 Million U.S. Adults
January 23, 2020 by audioXpress Staff

Smart Speaker Ownership Reaches 60 Million U.S. Adults

New data from the latest installment of The Smart Audio Report from NPR and Edison Research confirms that smart speaker adoption continues to grow in the U.S. with 60M adults A18+ (24% of the population) now owning a smart speaker. And with spoken word audio listening up 20% from 2014, cutting into time spent with music, it's clear the audio landscape is changing dramatically – driven by technology advancements and content preferences alike.
Read more...
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.
Read more...
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.
Read more...
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.
Read more...
MEMS Microphones and Speakers Forecasted to Become a $20 Billion USD Industry in 2024
December 6, 2019 by audioXpress Staff

MEMS Microphones and Speakers Forecasted to Become a $20 Billion USD Industry in 2024

French market research firm Yole Développement just published its 2019 report on Microphones, Microspeakers, and Audio Solutions – Market and Technology Trends. The new report characterizes the main drivers behind the exponential growth in MEMS microphone applications and emerging MEMS speaker technologies, growth opportunities such as voice at the heart of new audio system applications, or the impact of Artificial Intelligence (AI) in the audio value chain.
Read more...
Audio Collaborative 2019: Two Key Audio Trends and What to Expect
December 5, 2019 by Joao Martins

Audio Collaborative 2019: Two Key Audio Trends and What to Expect

Promoted every year by the market research firm Futuresource Consulting, Audio Collaborative 2019 full-day conference on November 7 was invaluable, with Futuresource's leading market analysts and researchers sharing some of the latest stats and trends on the topics in the agenda, combined with great panels and in-between keynotes. This is the third of my reports, originally published in The Audio Voice newsletter.
Read more...