All items tagged with market research (181)

Strategy Analytics Updates Global Smart Speaker Report

November 12, 2018 by audioXpress Staff

Strategy Analytics Updates Global Smart Speaker Report

Strategy Analytics just announced its Global Smart Speaker Q3 2018 market update, detailing vendor, shipments and installed base market share for the category by region. According to the market research firm, global smart speaker shipments grew nearly 200% year-over-year in Q3 2018 reaching 22.7 million units in the quarter. Amazon remained the top ranked smart speaker brand in the world, followed by Google and the Chinese trio of Alibaba, Baidu and Xiaomi who are all vying for control of their fast growing domestic market.

Paid Music Streaming Subscriptions Will Hit 235 Million by the End of 2018

October 29, 2018 by Futuresource Consulting

Paid Music Streaming Subscriptions Will Hit 235 Million by the End of 2018

The Digital Media and Entertainment team at Futuresource Consulting published its latest Music Market Report revealing that music streaming services continue its ascendance globally. With the number of paid streaming subscriptions on track to reach 235 million worldwide by the end of 2018, Futuresource Consulting forecasts a significant decrease in music file download and the sales of CD's, as streaming services continue to expand its music catalog and worldwide coverage, actually increasing overall revenues for the music industry.

Headphones to Generate Nearly $21 Billion in 2018, According to Futuresource Consulting's Latest Headphone Report

October 22, 2018 by Futuresource Consulting

Headphones to Generate Nearly $21 Billion in 2018, According to Futuresource Consulting's Latest Headphone Report

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.

Smart Speakers Driving New Music Consumption Habits, Says New AudienceNet Study

October 10, 2018 by audioXpress Staff

Smart Speakers Driving New Music Consumption Habits, Says New AudienceNet Study

Music subscription services are gaining traction as the dominant way consumers listen to music, with smartphones and new devices, such as smart speakers, driving adoption of these services, especially among younger audiences. "Audiomonitor 2018: The Overall Music Listening Landscape," is a new report provided to the Music Business Association (Music Biz) from research firm AudienceNet. The report was based on a survey of a statistically and demographically representative sample of the US population (3000 participants, aged 16+).

Branded Premium Audio Important to Consumers in New Vehicle Purchase Decisions

October 5, 2018 by audioXpress Staff

Branded Premium Audio Important to Consumers in New Vehicle Purchase Decisions

A recent IHS Markit survey finds that premium audio from recognized brands remains an important consideration when acquiring a new vehicle. Branded audio system volumes in new vehicles are expected to grow from just under 12.4 million units globally in 2018 to 14.7 million units in 2023, according to new vehicle production forecasts for these systems from the business information provider research.

Smart Home Market Will Hit $15.75 Billion by 2023 According to Rethink Technology Research

September 24, 2018 by audioXpress Staff

Smart Home Market Will Hit $15.75 Billion by 2023 According to Rethink Technology Research

Riot, the service of Rethink Technology Research a research and analyst company focusing on IoT, video and wireless, say that the revenues of Smart Hhome as a Service (SHaaS) will rise to $15.75 billion by 2023. The study is entitled “Smart Home as a Service – Awakened from Sleep by a Deep Voice - Forecast to 2023”. The analyst firm confirms Communications Services Providers (CSPs) will need to turn to consumer voice platforms to explore the full potential of the smart home market.

Audio Collaborative 2018: Uniting the Converging Worlds of Pro & Consumer Audio

September 22, 2018 by Futuresource Consulting

Audio Collaborative 2018: Uniting the Converging Worlds of Pro & Consumer Audio

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.

Sound Detection and Recognition Market Expected to Grow at a CAGR of >100% from 2018 to 2023

September 3, 2018 by audioXpress Staff

Sound Detection and Recognition Market Expected to Grow at a CAGR of >100% from 2018 to 2023

The sound recognition market is the next growth area for software companies, semiconductor vendors, and those players that are currently dominating the voice recognition market, according to tech analysts SAR Insight & Consulting. After voice recognition become one of the greatest technological achievements in recent years, the market is ripe to leverage many of the same technologies and platforms, this time for smart devices being able to monitor sounds other than human voices, as the tech research firm states.

Want to Hear That Smart Speakers Are Not A Big Deal? Head to CEDIA Expo

August 29, 2018 by audioXpress Staff

Want to Hear That Smart Speakers Are Not A Big Deal? Head to CEDIA Expo

International research firm Parks Associates announced that Research Analyst Dina Abdelrazik will speak at CEDIA Expo, September 6 and 7 in San Diego, CA. Abdelrazik will address the impact that voice will have on user interfaces and specifically new partnerships within the smart home and will detail Parks Associates latest research indicating that Smart Speakers rate poor against Smart Home Devices measured in terms of Net Promoter Score, a metric of customer satisfaction and loyalty.

New Loudspeaker Market Report from Futuresource Shows Segment Rising in Value

August 27, 2018 by audioXpress Staff

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.

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