All items tagged with smart speakers and Futuresource Consulting (24)

The First Smart Speaker from Apple: A Strong Design and How It Is Perceived

October 15, 2020 by Joao Martins

The First Smart Speaker from Apple: A Strong Design and How It Is Perceived

For this edition of The Audio Voice, I intended to focus a bit more on the latest developments in the fascinating world of sensors and how it impacts product development and design in all applications areas, particularly in consumer electronics, automotive, and health applications. After writing previously about Apple - the sensors on the Apple Watch and the surprising firmware updates for the AirPod Pro earbuds - I really didn't want to go back to Apple. But as always, Apple has a way of surprising us exactly when we least expected, and the company made another important audio announcement.

Futuresource's Audio Collaborative 2020 Expands as Two-Day Live-Streamed Event

September 14, 2020 by Joao Martins

Futuresource's Audio Collaborative 2020 Expands as Two-Day Live-Streamed Event

Futuresource Consulting is putting together another edition of the company's renowned Audio Collaborative event, which for 2020 will be shifting to an all-virtual experience. With health and safety being of prime importance during the coronavirus outbreak, Futuresource must ensure all co-workers, exhibitors, thought leaders and attendees feel at ease to best experience and deliver the range of fascinating topics lined up. Wednesday 4th and Thursday 5th of November, from 14:00 – 18:00 GMT, Audio Collaborative 2020 will be more global than ever.

Global Home Audio Market Dominated by Tech Giants and Big Brands in Q2 2020

August 21, 2020 by Futuresource Consulting

Global Home Audio Market Dominated by Tech Giants and Big Brands in Q2 2020

The CE Team at Futuresource Consulting shared some key topics and trends from its latest Global Home Audio Report, revealing how home audio products have returned to strength in Q2 2020. Global home audio products posted an unexpected strong performance in Q2 2020, delivering 20% shipment growth and 10% value growth quarter-on-quarter, according to preliminary results from Futuresource Consulting’s latest quarterly tracker. APAC leads the way, with North America and Western Europe in recovery.

Home Audio Products Achieve Highest Year-on-Year Growth Rate

March 24, 2020 by Futuresource Consulting

Home Audio Products Achieve Highest Year-on-Year Growth Rate

Futuresource Consulting announced the availability of its latest Home Audio Tracking Report with smart speakers continuing to drive the market followed by home automation, immersive smart sound bars and smart displays. In the company's global Home Audio quarterly market analysis and commentary, Futuresource confirmed that smart speakers achieved a 53% growth since Q4 of 2018. Until now heavily concentrated in English and Chinese speaker markets, smart speakers are starting to expand to other language markets.

With Competition Between Streaming Services Intensifying, Hardware Has Become an Important Growth Factor

August 22, 2019 by Futuresource Consulting

With Competition Between Streaming Services Intensifying, Hardware Has Become an Important Growth Factor

After a dynamic few years in the music and audio industries, 2018 and the first half of 2019 have once again been marked by the continuous growth of global music streaming subscriptions, with this momentum expected to continue in the short to medium term. By 2023, Futuresource expects the number of streaming subscriptions to exceed 425 million globally, representing over 90% of total consumer spend on recorded music, according to its latest Streaming Music Outlook & Service overview report.

Smart Speakers Continue to Play a Leading Role in the Home Audio Market

August 14, 2019 by Futuresource Consulting

Smart Speakers Continue to Play a Leading Role in the Home Audio Market

The worldwide home audio hardware market grew 20% last year to reach 154 million units, with a further 19% growth projected in 2019, according to a new market report from Futuresource Consulting. The sector, which includes wireless speakers, soundbars, A/V receivers, Hi-Fi systems and dedicated speaker docks, also witnessed 5% revenue growth last year, with trade values reaching $14.5 billion.

Current Smart Speaker Consumers Value Sound Quality

July 22, 2019 by audioXpress Staff

Current Smart Speaker Consumers Value Sound Quality

Apparently Apple got it right. Once again. As smart speaker adoption continues to climb, more than half of existing owners would like to have a smart speaker with better sound quality than their current device, while a similar number would pay more for it. That’s one of the findings from the new “Audio Tech Lifestyles” consumer survey from Futuresource Consulting, conducted in the USA, UK, Germany, Japan and China.

Futuresource Looks at Consumers Engagement with Audio Hardware & Content

June 25, 2019 by audioXpress Staff

Futuresource Looks at Consumers Engagement with Audio Hardware & Content

Futuresource Consulting announced a brand new consumer market research program – Living with Audio: Consumer Engagement with Audio Hardware and Content. This new service from the market research firm provides an in-depth look at how consumers are engaging with home devices, headphones, smart speakers and audio content. The research answers questions around how many and what devices consumers own in their household, how they are currently using the devices and how often.

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%.

Global Home Audio Trade Revenues Approached $15 billion in 2018

January 17, 2019 by audioXpress Staff

Global Home Audio Trade Revenues Approached $15 billion in 2018

Futuresource Consulting revealed the latest findings from its World Wide Home Audio Report, confirming the worldwide home audio market signaled an increase of 21% in units in 2018, whilst posting revenues of nearly $15 billion, with major contributions from smart speakers to drive the growth. According to Futuresource, the growing presence of entry level smart speakers from Amazon, Google and Chinese brands impacted the overall average price for a home audio device, down by an estimated 12% the end of 2018.

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