All items tagged with Futuresource Consulting (92)

Smart Speakers Continue to Play a Leading Role in the Home Audio Market

August 14, 2019 by Futuresource Consulting

Smart Speakers Continue to Play a Leading Role in the Home Audio Market

The worldwide home audio hardware market grew 20% last year to reach 154 million units, with a further 19% growth projected in 2019, according to a new market report from Futuresource Consulting. The sector, which includes wireless speakers, soundbars, A/V receivers, Hi-Fi systems and dedicated speaker docks, also witnessed 5% revenue growth last year, with trade values reaching $14.5 billion.

Professional Microphone Market to Exceed $1.8 Billion in 2019 with Corporate Segment Creating Growth Opportunities

August 12, 2019 by Futuresource Consulting

Professional Microphone Market to Exceed $1.8 Billion in 2019 with Corporate Segment Creating Growth Opportunities

According to Futuresource Consulting's latest market report, the professional microphone market continues to display healthy growth and is on track to exceed revenues of $1.8 billion worldwide this year. That’s an increase of 6% on 2018, with a similar CAGR out to 2023. Among the growth application areas, the corporate segment continues to create the largest opportunities, followed immediately by the live sound and venue installation verticals.

Current Smart Speaker Consumers Value Sound Quality

July 22, 2019 by audioXpress Staff

Current Smart Speaker Consumers Value Sound Quality

Apparently Apple got it right. Once again. As smart speaker adoption continues to climb, more than half of existing owners would like to have a smart speaker with better sound quality than their current device, while a similar number would pay more for it. That’s one of the findings from the new “Audio Tech Lifestyles” consumer survey from Futuresource Consulting, conducted in the USA, UK, Germany, Japan and China.

Audio Collaborative 2019: Content & Technology Evolution Spurring Innovation

July 15, 2019 by audioXpress Staff

Audio Collaborative 2019: Content & Technology Evolution Spurring Innovation

Promoted every year by market research firm Futuresource Consulting, Audio Collaborative is a premier must attend event for consumer audio, pro audio and entertainment industry professionals. The event returns to London for the sixth time, November 7, 2019, with a full day of invaluable insights, expert discussions and networking opportunities. There are more key industry executives attending, more high-profile companies sponsoring and getting involved, and the topics couldn't be more relevant. Plan ahead and freeze that day on your agenda.

Headphone Shipments Achieve Q1 2019 Revenues of $5.9 Billion

July 3, 2019 by Futuresource Consulting

Headphone Shipments Achieve Q1 2019 Revenues of $5.9 Billion

Consumer appetite for premium headphones continues to grow, with global revenues rising five times faster than shipments in Q1 2019, according to the latest market tracker report from Futuresource Consulting. As the CE Team at Futuresource highlights in its latest update of the Worldwide Headphone Market Report, headphone market revenues have reached $5.9 billion. True wireless maintained its ascendance, outperforming all other form factors with growth of 223% in units and 188% in value.

True Wireless Headphone Bandwagon gets More Crowded, as Brands vie to Challenge Apple

July 1, 2019 by Futuresource Consulting

True Wireless Headphone Bandwagon gets More Crowded, as Brands vie to Challenge Apple

True wireless headphones sales have enjoyed extraordinary growth in the past year. After a very successful Q4 2018, which saw shipments reach a total equal to the previous three quarters combined, Q1 2019 witnessed year-on-year growth of 223% in units and 188% in revenue. Consumers appear to enjoy the freedom that truly wireless products bring. Although, the continued domination by AirPods does still mean that the market remains a largely Apple phenomenon.

Futuresource Looks at Consumers Engagement with Audio Hardware & Content

June 25, 2019 by audioXpress Staff

Futuresource Looks at Consumers Engagement with Audio Hardware & Content

Futuresource Consulting announced a brand new consumer market research program – Living with Audio: Consumer Engagement with Audio Hardware and Content. This new service from the market research firm provides an in-depth look at how consumers are engaging with home devices, headphones, smart speakers and audio content. The research answers questions around how many and what devices consumers own in their household, how they are currently using the devices and how often.

Futuresource Market Report Highlights New Exciting Opportunities for Hearables

May 16, 2019 by Futuresource Consulting

Futuresource Market Report Highlights New Exciting Opportunities for Hearables

Futuresource Consulting has recently published its Hearables Market Report, reviewing the market size, competitive landscape, technology drivers and future trends in this new product category. Simon Forrest, Principal Technology Analyst at Futuresource discusses new monetization opportunities in the untethered hearable segment and those resulting from the new “over the counter” hearing aid category, opening up the sector to many new entrants not least the mainstream headphones companies.

Professional Headphones Market On Track to Exceed US $540 Million

April 30, 2019 by audioXpress Staff

Professional Headphones Market On Track to Exceed US $540 Million

Futuresource Consulting shared some top line trends from its Professional Headphone Market Report and confirms that the pro headphones market achieved global revenues of more than US $540 million in 2018, and is on track to reach nearly US $800 million by 2023. The strategic market segment is expanding in home studio and DJ applications, which in turn vastly influences the wider consumer market. The comprehensive new market report from Futuresource Consulting is now available.

InfoComm 2019's Emerging Trends Day Will Explore the Technologies and Forces Disrupting the Pro-AV Industry

April 25, 2019 by audioXpress Staff

InfoComm 2019's Emerging Trends Day Will Explore the Technologies and Forces Disrupting the Pro-AV Industry

InfoComm 2019 will host the annual Emerging Trends Day on Tuesday, June 11, at the Orange County Convention Center in Orlando, Florida. The day's lineup of analysts, integrators, end users, and technologists will examine the forces impacting pro AV, from Internet protocol, to disruptive audio and video, to unified communications and collaboration (UCC) and its impact on how companies work.

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