Author: Kavish Patel Guy Hammett
Date Published:
The home audio quarterly tracker report is a regular output of Futuresource Consulting’s home audio equipment market research program. This report provides an update on the global home audio market size and home audio market share, as well as provides market data.
Products under review are wireless speakers, soundbars and Hi-Fi systems, providing a strategic framework for any enterprise with an interest in home audio products. For those subscribers with Analyzer, it’s also accompanied by the Futuresource Analyzer Cube, along with a detailed spreadsheet which breaks out six regions and 11 countries. For annual subscribers, there’s also a dashboard deliverable.
Worldwide home audio units have declined in Q2 2024 year on year where unsaturated markets such as Latin America and Eastern Europe have seen higher rates of growth than other developed markets such as Western Europe and North America. As the economic outlook and people’s incomes rises, there are more first time buyers entering the market. Latin America and Eastern Europe posted growth levels of 8.6% and 17.8% respectively which shows that these markets have a higher growth potential.
| 17-page comprehensive PDF report
| Executive summary
| Home audio market overview
| Home audio quarterly overview of key markets
| Pricing trends
| Price segmentation
| Wi-Fi speakers
| Smart displays
| Industry news
| Home audio brand shares by volume and value
| Futuresource Analyzer Cube inputs
| Accompanying Excel spreadsheets
| Market sizing, retail value, shipment volumes and market share of wireless speakers, soundbars and Hi-Fi systems
| Quarter-on-quarter tracking
| Detailed analysis, broken down into six regions and 11 countries with more granular data on feature breakouts, price segmentation, brand shares and distribution trends
Futuresource has been tracking, researching and consulting on the CE landscape for the last 30 years. This publication is one in a series of research reports, produced to provide businesses with a fully rounded view of the market.
Any business operating within the home audio space and related sectors will benefit from this report, particularly:
| Manufacturers and their suppliers
| Intermediaries and supply chain
| Retailers
| CE market strategists, marketing and sales professionals
| Investors
| home audio consultants
| home audio video consultants
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