Author: Chris Bull
Date Published:
This consumer loudspeaker market report provides insights into developments in bookshelf and floor-standing speakers, in-wall/in-ceiling speakers, home theatre speakers, computer aftermarket speakers and outdoor speakers. It provides analysis and forecasting for the global loudspeaker market, as well as delivering regional and per-country breakdowns.
From market updates for each category, to the impact of supply change challenges, as well as case studies and global spend on recorded music, this report provides detailed information that can add commercial value for any enterprise operating within the audio hardware industry.
23 million consumer loudspeakers were shipped worldwide in 2022, achieving a retail value of $5.5 billion, which represented 7.5% growth in value. However, shipments declined by 4.6%, which was due to consumers moving away from computer speakers and home theatre bundles, and choosing alternatives devices such as headphones and soundbars.
Consumers continue to spend on loudspeakers, initially triggered by the pandemic, as users were inclined to spend more on audio devices to benefit from better audio quality at home. Most professionals still predominantly work from home, extending this trend. Plus, the popularity of vinyl, as well as video and audio streaming services, is creating added traction for the loudspeaker market.
Over the longer term, Futuresource expects shipments to increase at 0.5% CAGR between 2023 and 2027, and retail value at 10% CAGR for the same forecasting period.
| Comprehensive PDF report
| Executive summary
| Impact of supply challenges
| Market overview and outlook
| Market size for loudspeakers
| Regional breakdowns
| Individual product category outlook
| Bookshelf and floor-standing speakers
| In-ceiling/in-wall speaker market research
| Home theatre speakers
| Computer aftermarket speakers
| Outdoor speakers
| Competitive landscape
| Country breakdowns and ASP
| Focus on active speakers
| Price segmentation
| Focus on home theatre separates
| The continuous threat of soundbars
| Global spend on recorded music
| Global vinyl market update
| Developments in consumer loudspeaker categories for bookshelf and floor-standing speakers, in-wall/in-ceiling speakers, home theatre speakers, computer aftermarket speakers and outdoor speakers
| Market assessment and forecasting, out to 2027
| Competitive landscape
| Average selling prices
| Brand dynamics
| Future opportunities
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 consumer audio hardware space and related sectors will benefit from this consumer research report, particularly:
| Manufacturers and their suppliers
| Intermediaries and supply chain
| Retailers
| Audio market strategists, marketing and sales professionals
| Investors
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