Consumer Electronics

Apple’s 'Glowtime' event on Monday the 9th September introduced an exciting line-up of product updates. The launch of new AirPods 4 variants, significant upgrades to the AirPods Pro 2, and subtle but important changes to the AirPods Max highlight Apple’s commitment to both consumer audio and health technology.  

The global headphones market continues to expand, generating $10.8 billion in Q2 2024, according to the latest quarterly tracking data from Futuresource Consulting. The research firm reports that Q2 volumes increased by 1.3% year-on-year, with revenue growth of 0.5%. 

The audio tech landscape is being buffeted and reshaped by the forces of AI, connectivity and sustainability. Key players are exploring new features and technologies to strengthen or reposition their brands and propel growth. Novel opportunities are presenting themselves, and unfamiliar obstacles are emerging. The timing could not be better for the return of Futuresource Consulting’s flagship Audio Collaborative event, taking place at the Soho Hotel in London on 4th November 2024. 

As cars become more intelligent and connected, the immersive audio opportunity is accelerating through the automotive industry. A new report from Futuresource Consulting reveals that more than 83% of new passenger cars will have embedded voice assistants by 2028. More than two-in-five will feature active noise control, and 3D surround sound will grow from less than 1% in 2021, to more than 26%. It’s a situation that is creating a raft of opportunities for the audio industry.

The robot vacuum cleaner industry has gained considerable momentum in recent years, having evolved into a highly competitive market. Our research shows that the industry is in a period of fast adoption, with global shipments climbing by 39% year-on-year in 2023. Major tech brands such as Samsung and Dyson have recognised the potential of this segment, launching their own branded robot vacuums.