All items tagged with market research (181)

New Futuresource 2017 Worldwide Headphones Market Report

October 12, 2017 by audioXpress Staff

New Futuresource 2017 Worldwide Headphones Market Report

Futuresource Consulting continues to release consistent market research that provides guidance for any company in the consumer electronics space and specifically for the audio industry. In their latest 2017 Worldwide Headphones Report, Futuresource predicts further growth in global headphones aftermarket both in units shipped and average prices. The report predicts 4.1% growth to 362 million units in 2017, generating revenues worth $15.5 billion.

Qualcomm 2017 State of Play Report Now Available

August 28, 2017 by audioXpress Staff

Qualcomm 2017 State of Play Report Now Available

Qualcomm released its 2017 State of Play report. The report based on a survey of 4,000 adult smartphone users in the US and UK conducted by OnePoll, Ltd., helps identify current consumer attitudes and purchase drivers for wireless headphones and speakers. This annual report highlights consumer demand for convenience and quality from personal audio devices.

Earphones and Headphones Market to Surpass USD $25bn by 2024

August 23, 2017 by audioXpress Staff

Earphones and Headphones Market to Surpass USD $25bn by 2024

According to a new research report by Global Market Insights, Inc., the earphone and headphone market share is set to exceed USD 18.2 billion by 2023 and to exceed $25bn by 2024. Advancements in wireless technologies and the rising adoption of portable devices such as smartphones, mobiles, laptops, and tablets will prominently drive earphones and headphones market size over the coming six years. Global shipments will grow at nearly 4% CAGR estimation, the market research firm predicts.

InfoComm Releases AV Industry Outlook and Trends Analysis for the Americas

August 18, 2017 by audioXpress Staff

InfoComm Releases AV Industry Outlook and Trends Analysis for the Americas

InfoComm International, the trade association representing the commercial audiovisual industry worldwide, has released its 2017 AV Industry Outlook and Trends Analysis (IOTA) report for the Americas, including the United States, Canada, Mexico, and Brazil, featuring fresh market insights and sales forecasts through 2022 for AV products, services, and solutions.

Global Smart Speaker Market Forecast to Grow at 50% CAGR from 2017 to 2024

July 20, 2017 by audioXpress Staff

Global Smart Speaker Market Forecast to Grow at 50% CAGR from 2017 to 2024

According to Global Market Insights, the global market for Smart Speakers represented over USD 400 million in 2016 and is predicted to grow at an estimated CAGR of over 50% from 2017 to 2024. The market research company says Internet of things (IoT) is expected to be a major factor driving growth. "The rising penetration of the Internet has extended to everyday applications and has increased the consumer demand for smart devices that offer a wide range of functions," they state.

Smart Speakers Capture 30% of Audio Market, VPAs Poised to Create New ‘Wild Frontier’

July 12, 2017 by audioXpress Staff

Smart Speakers Capture 30% of Audio Market, VPAs Poised to Create New ‘Wild Frontier’

Market research and consulting company, Futuresource Consulting recently released a new report in the consumer electronics CE space covering the emerging voice personal assistants (VPAs) category and smart speakers. The report highlights that we are the beginning of a wider market transformation, with voice personal assistants (VPAs) at the heart of a new CE land grab.

From Smart Speakers to the Smart Home

July 6, 2017 by Joao Martins

From Smart Speakers to the Smart Home

We are witnessing a pivotal moment for the audio industry with the prominence of far-field voice recognition and connected speakers now top of the mind for consumers. In the aftermath of Apple's recent HomePod speaker announcement, the home audio experience, by itself, was confirmed as the key selling argument, with its potential as an interface for interaction with consumer electronic devices and services, paving the way for the Smart Home.

Audio Hardware Sales Up 28%, Futuresource Quarterly Tracker Reveals

February 22, 2017 by audioXpress Staff

Audio Hardware Sales Up 28%, Futuresource Quarterly Tracker Reveals

Audio hardware continues to outpace the wider Consumer Electronics sector, with global Q4 sales growing 28% year-on-year to $10.2 billion, according to new data from Futuresource Consulting’s quarterly audio tracking service, which includes a review of the key trends in the audio market. The popularity of music streaming services continues to drive market growth, as well as interest on Voice Personal Assistant (VPA) speakers, and growing adoption of wireless headphones.

Consumer Enthusiasm for Connectivity to Propel Tech Industry to Record-Setting Revenues

January 3, 2017 by audioXpress Staff

Consumer Enthusiasm for Connectivity to Propel Tech Industry to Record-Setting Revenues

Increasing consumer enthusiasm for the Internet of Things (IoT) and adoption of emerging technology will drive the U.S. consumer technology industry to $292 billion in retail revenues ($228 billion wholesale) in 2017, according to new research from the Consumer Technology Association (CTA) unveiled in advance of CES 2017. Smart home devices, wearables and 4K Ultra HD televisions will help produce 1.5 percent year-over-year (YOY) growth in industry revenues.

Worldwide Home Audio Market Finishes Year On $11 Billion Dollar High

December 22, 2016 by audioXpress Staff

Worldwide Home Audio Market Finishes Year On $11 Billion Dollar High

Worldwide demand for home audio devices continues to gather momentum, with the category outperforming the wider CE market and on track to finish 2016 at 102 million units shipped and close to $11 billion in trade value, according to the latest market report from Futuresource Consulting. The rise of voice-controlled, connected-speakers, promises to propel further growth, according to the market research firm.

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