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.

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.

At Futuresource Consulting’s recent Audio Collaborative event in London, Simon Bryant, Director of Research at Futuresource moderated an expert panel entitled "Voice Pervades the Smart Home – Who will have control?". Consisting of executives from Amazon, Sound United, Netgem UK, Roku, and Linkplay, the panel debated and defined some of the key challenges and opportunities for voice assistants in the home.

Market research firm Futuresource Consulting promoted its highly successful Audio Collaborative conference dedicated to latest audio industry trends. During this all-day event, held in London, UK, on November 8, 2018, Futuresource's Principal Consultant, Jack Wetherill presented "Key Trends and Drivers in the Consumer Audio Hardware Market," a summary of the company's latest market research on Consumer Audio. Consumer audio hardware is making a comeback and poised for a period of rapid growth, was the key message.

Once again, and for the fifth consecutive year, market research firm Futuresource Consulting promoted its highly successful Audio Collaborative conference dedicated to latest audio industry trends. Combining the latest market research intelligence, this is a unique opportunity to share the latest insightful industry trends among key industry influencers and discuss how services, hardware, and content is shaping the future of the audio landscape.

The headphones market continues its recent trend of solid growth in volumes and substantial growth in revenue. Units are projected to grow 4.1% this year to 377 million, to generate retail revenues worth $19.9bn, a sizable increase of 27% y-o-y. Headphones continue to be a dynamic market, as average price growth is accelerated by demand from consumers for new premium features and form factors such as true wireless and noise cancellation, which provide further strong growth opportunities for the future.

Once again, and for the fifth year, Futuresource Consulting will promote its highly successful event dedicated to audio trends, Audio Collaborative 2018. Combining the latest market research intelligence, the insightful industry event brings together key industry influencers to discuss the services, hardware and content plays that will shape the future audio landscape. This year, Audio Collaborative will be an all-day event, held again at The Ham Yard, in the center of London, UK, on November 8, 2018.