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All items tagged with market trends (69)

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.

High End 2017 Final Report - A Year of Records!

May 25, 2017 by audioXpress Staff

High End 2017 Final Report - A Year of Records!

Everyone attending the High End 2017 show in Munich agrees that the best organized consumer audio show in the world was also the strongest this year. High End 2017 reinforced its international focus, trade features and high caliber of visitors. The official figures from the High End Society, the event's promoter, confirm it: 538 exhibitors from 44 countries (+4%), increasing visitor numbers, totaling 21,412 visitors (+10%), 8,002 trade visitors from 78 countries (+13%) and a vast media presence from the whole world.

New Worldwide Headphones Report Q1 2017 Available from Futuresource

May 8, 2017 by audioXpress Staff

New Worldwide Headphones Report Q1 2017 Available from Futuresource

The worldwide headphones aftermarket grew 5.2% to 349 million units in 2016, whilst revenues grew much more at 20.2% to generate revenues worth $13.4 billion. The latest Worldwide Headphones Market Quarterly Report from Futuresource Consulting looks at the current state of the headphones landscape, the major trends to watch out for and provides a 5-year forecast, as well as addressing the latest hot topics including Lightning and USB-C connectors, true wireless and many more.

SAR Insight & Consulting Publishes The Voice Algorithm Software Ecosystem Market Report

April 28, 2017 by audioXpress Staff

SAR Insight & Consulting Publishes The Voice Algorithm Software Ecosystem Market Report

According to the latest report from SAR Insight & Consulting, strong growth is expected for all voice software, driven by its inclusion in increasing numbers of voice-enabled devices and by the increased use of digital assistants. “SAR has repeatedly discussed the scale and opportunity of the voice tech market,” says Peter Cooney, principal analyst at SAR. “Voice will be the main interface technology for many devices and the opportunities for hardware and software vendors will be huge.”

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.

A Decisive Moment for the NAMM Show

February 1, 2017 by Joao Martins

A Decisive Moment for the NAMM Show

The 2017 edition of the Winter National Association of Music Merchants (NAMM) Show in Anaheim will be remembered for both the pouring rain that affected all of California during three of the four show days, while also confirming the reasons why it is one of the best and most vibrant events on the audio industry calendar.

Worldwide Home Audio Market is Growing Thanks to Bluetooth Speakers

July 7, 2016 by audioXpress Staff

Worldwide Home Audio Market is Growing Thanks to Bluetooth Speakers

Futuresource Consulting has just completed their latest a round of research into the worldwide home audio market. The key findings indicate worldwide demand for home audio products continues to grow. New entrants Amazon and Google are creating innovation challenges to which the audio industry is responding, creating increasing consumer awareness for wireless speakers and connected applications. The report also confirms that, in 2015, Harman/JBL held the position of top home audio brand with an 11% unit share, whilst Bose was the leader in terms of revenue with an 18% share.

Consumer Technology Association Study Shows Strong Interest in Hi-Res Audio

November 18, 2015 by audioXpress Staff

Consumer Technology Association Study Shows Strong Interest in Hi-Res Audio

A new study from the Consumer Technology Association (CTA) finds the audio category is constantly evolving with new features and products entering the market, including high-resolution equipment. More than half of recent audio technology consumers are interested in Hi-Res Audio (HRA) and three-quarters researched audio products in physical stores.

Worldwide Headphone Shipments Projected to Grow by 6.2% to 328.7 Million Units in 2015

November 12, 2015 by audioXpress Staff

Worldwide Headphone Shipments Projected to Grow by 6.2% to 328.7 Million Units in 2015

According to the latest Futuresource Headphones Market Report, which provides a snapshot of the current trends in headphone technology, serving also as a guide for Christmas tech gadget shopping, aftermarket shipments of headphones are projected to grow by 6.2% this year to 328.7 million units. Wireless headphones is a major growth category, expected to grow by 63% in 2015 to reach 38 million units.

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