All items tagged with Futuresource Consulting (92)

Wearables in Sport: Why the Wearable Will Ride the 'Digital Fitness Wave'

April 22, 2019 by Futuresource Consulting

Wearables in Sport: Why the Wearable Will Ride the 'Digital Fitness Wave'

The consumer electronics team at Futuresource Consulting has made available a free perspectives report covering the role of wearables within fitness ecosystems in four sports contexts: health clubs, swimming, cycling, and running. The report has been supported with in-depth research with industry stakeholders across all disciplines, from both a hardware and software perspective. The document discusses some of the key top-line trends on wearables in sport and is now available as a free download.

Market Opportunity and Technology Integration Drives Ingenuity in Hearables

April 11, 2019 by Futuresource Consulting

Market Opportunity and Technology Integration Drives Ingenuity in Hearables

The market for hearing enhancement products is set for disruption. Leading consumer electronics brands are now impinging upon the traditional markets for hearing aids by adding technologies that transform earphones into the growing category of hearables. Anticipating the cross-over opportunities between hearing aids and hearables and the rise of a unique new product category, market research firm Futuresource expands on the trend.

Virtual Assistants Establish Strategic Role in Multiple Categories

March 29, 2019 by Futuresource Consulting

Virtual Assistants Establish Strategic Role in Multiple Categories

Virtual Assistants (VAs) are poised to become the next-generation go-to interface, according to new market data and reporting from Futuresource Consulting. The company’s recent home audio quarterly tracker shows that products with integrated VAs grew to 41.8% of all home audio shipments in Q4 2018, an increase of nearly 50% on Q4 2017, with smart speakers increasing by 79%.

True Wireless Headphones Demand Up 182% in Q4 2018

March 7, 2019 by audioXpress Staff

True Wireless Headphones Demand Up 182% in Q4 2018

Market research firm Futuresource Consulting released its latest Headphone Market Insights Report which highlights how consumer demand for 'true wireless' headphones was up 182% in Q4 2018. The global headphones market continued its meteoric rise in Q4 2018, with revenue growth outpacing unit shipments by a substantial margin. The firm’s latest headphones tracking quarterly report reveals worldwide Q4 headphones shipments grew by 5.5% in units and 54% in revenues year-on-year.

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

March 5, 2019 by Futuresource Consulting

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.

Global Home Audio Trade Revenues Approached $15 billion in 2018

January 17, 2019 by audioXpress Staff

Global Home Audio Trade Revenues Approached $15 billion in 2018

Futuresource Consulting revealed the latest findings from its World Wide Home Audio Report, confirming the worldwide home audio market signaled an increase of 21% in units in 2018, whilst posting revenues of nearly $15 billion, with major contributions from smart speakers to drive the growth. According to Futuresource, the growing presence of entry level smart speakers from Amazon, Google and Chinese brands impacted the overall average price for a home audio device, down by an estimated 12% the end of 2018.

Smart Home Devices to Exceed 100 Million Shipments in 2018

January 11, 2019 by audioXpress Staff

Smart Home Devices to Exceed 100 Million Shipments in 2018

The Consumer Electronics (CE) Team at Futuresource Consulting recently published the latest findings from its World Wide Smart Home industry report, which forecasts nearly 110 million smart home devices will be shipped worldwide in 2018. This equates to a retail value of almost $17 billion and demonstrates strong growth in both volume and value. Security and monitoring, followed by climate control and smart speakers are the dominating categories.

Audio Collaborative 2018: Music Market Outlook - Changes and Opportunities

December 20, 2018 by Joao Martins

Audio Collaborative 2018: Music Market Outlook - Changes and Opportunities

For this edition of The Audio Voice I am wrapping up the summaries I have been writing following the Audio Collaborative 2018 conference. The event dedicated to the latest audio trends was successfully promoted in London, UK, for the fifth consecutive year by market research firm Futuresource Consulting . I'll try to summarize some key content and add some context and perspective, this time focusing on the panels on trends and opportunities in the music market and the gaming sector.

Appeal of Headphones Could Help World’s Hard of Hearing, New Futuresource Hearables Research States

December 20, 2018 by audioXpress Staff

Appeal of Headphones Could Help World’s Hard of Hearing, New Futuresource Hearables Research States

Futuresource Consulting announced the forthcoming availability of the new 'Worldwide Hearables Report'. According to the company's research, the growing appeal of aftermarket headphones is opening up the new ‘hearables’ sub-segment, catering for those with hearing loss and alleviating much of the expense and stigma attached to hearing aids. Amid these market developments, Futuresource will carry out in-depth original research to explore the enabling technologies, the underlying consumer attitudes, motivations and the size of the hearables opportunity.

Audio Collaborative 2018: Live Sound, Pro Audio, Artists, and the Audio Industry

December 13, 2018 by Joao Martins

Audio Collaborative 2018: Live Sound, Pro Audio, Artists, and the Audio Industry

For the fifth consecutive year, market research firm Futuresource Consulting promoted its Audio Collaborative conference, a highly successful event dedicated to the latest audio trends. This year, Audio Collaborative 2018 was an all-day event, held in London, UK, on November 8, 2018. In this article I look at another two of the sessions, the panels discussing live and touring trends, and how the pro audio industry can leverage opportunities in the consumer space; and try to summarize some key content, and maybe add some context and perspective.

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