New Loudspeaker Market Report from Futuresource Shows Segment Rising in Value
The Consumer Electronics (CE) team at Futuresource Consulting has shared some top line trends from their latest Loudspeaker Market Report showing that value is beating volumes as the traditional loudspeaker product segment makes the $3 Billion USD barrier. The report forecasts an average retail price increase through to 2022 in virtual every major category, allowing for value to significantly outperforming volume, as the overall market is shrinking, when ignoring the massive growth generated by wireless, connected and smart speakers.