Home Studio and Pro Studio Markets Exceed $1.2 Billion in Combined Revenue, On Track For Sustained Growth

The market for pro audio products in professional and home studio applications posted global revenues of more than US$1.2 billion for 2018, an increase of over 6%, according to the industry report. Covering mixers, microphones, audio interfaces, studio monitors and professional headphones, the report is the first of its kind, and describes continued growth in volume and value out to 2023, at a CAGR of 9.7% and 6.5% respectively.