All items tagged with market research (181)
Wi-Fi Celebrates 20 Years with More Than 20 Billion Anticipated Device Shipments over the Next Six Years
June 14, 2019 by audioXpress Staff

Wi-Fi Celebrates 20 Years with More Than 20 Billion Anticipated Device Shipments over the Next Six Years

More than 20 billion Wi-Fi devices are forecasted to ship between 2019 and 2024, according to a new market data report from global tech market advisory firm, ABI Research. Continued growth in traditional markets of strength, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly 4 billion annual device shipments by 2024.
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China Smart Speaker Sales Surge Puts Baidu, Alibaba, Xiaomi In Reach of Amazon and Google
May 21, 2019 by audioXpress Staff

China Smart Speaker Sales Surge Puts Baidu, Alibaba, Xiaomi In Reach of Amazon and Google

Sales of Chinese language smart speakers in the first quarter of 2019 grew by more than 500% year-on-year, according to the latest research from Strategy Analytics. This lifted global Q1 sales to 25.9 million, a 168% increase on the same period in 2018. The global market shares of Chinese brands therefore rose much closer to Amazon and Google, although the US giants remained in first and second place respectively. Strategy Analytics has now increased its forecast for full-year 2019 global shipments by 10% to 147.7 million units.
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Voice Algorithm Software Ecosystem Expected to Increase Significantly
May 14, 2019 by audioXpress Staff

Voice Algorithm Software Ecosystem Expected to Increase Significantly

The massive growth in the voice assistant market has created a vibrant ecosystem and significant opportunities for hardware and software developers. Total voice software unit shipments are expected to increase significantly to 2024, according to SAR Insight & Consulting. The firm latest report forecasts a larger increase in voice software, especially within home devices such as smart speakers, soundbars, smart TVs and smart appliances.
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Pro Speakers Market - Global Outlook and Forecast 2019-2024
April 25, 2019 by audioXpress Staff

Pro Speakers Market - Global Outlook and Forecast 2019-2024

The global professional speaker market size is expected to reach over $2 billion USD, growing at an annual growth rate (CAGR) of approximately 3% during 2018­–2024, according to the latest Arizton's "Pro Speakers Market - Global Outlook and Forecast 2019-2024" updated research report. The report offers analysis on key market trends per region, product segments, growth drivers, vendor analysis, and market share in terms of unit volumes during the forecast period.
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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.
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20 Million Vehicles Shipping in 2023 will Come Equipped with Voice Assistants
April 10, 2019 by audioXpress Staff

20 Million Vehicles Shipping in 2023 will Come Equipped with Voice Assistants

As voice control continues to gain popularity in the home, consumers are increasingly hoping to use Amazon Alexa, Google Assistant, or Apple Siri in the vehicle too. An increasing number of OEMs are now poised to give into popular consumer demands and integrate Amazon Alexa and Google Assistant in-vehicle, despite concerns over data and OEM-branding. According to ABI Research, 20 million vehicles shipping in 2023 are expected to enable one or more of these assistants, without consumers requiring a handset to use the digital assistant.
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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%.
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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.
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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.
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Strategy Analytics: 2018 Global Smart Speaker Sales Reached 86.2 Million Units on Back of Record Q4
February 20, 2019 by audioXpress Staff

Strategy Analytics: 2018 Global Smart Speaker Sales Reached 86.2 Million Units on Back of Record Q4

The final results are in and they confirm that smart speakers were the hottest consumer electronics product in 2018. Strategy Analytics’ latest research shows that Q4 shipments grew 95% to 38.5 million units. This was more than the entire 2017 total and brought the 2018 tally to 86.2 million units. Amazon and Google enjoyed a particularly strong quarter thanks to the popularity of their low-cost Echo Dot and Home Mini speakers and both companies recorded quarter-on-quarter increases in market share.
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