Global Home Audio Speakers, Technologies and Competitive Assessment 2017-2021: Home Audio Market Was Worth $19.5 Billion in 2016, Increasing by 16% from 2015 - Research and Markets

DUBLIN, Mar 2, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Home Audio - Speakers, Technologies and Competitive Assessment: Mobile Speakers, Room Speakers, Multi-room Speakers, Sound Bars and HTiB Systems" report to their offering.

The home audio market was worth $19.5 billion in 2016, increasing by 16% from 2015. Global revenues are projected to continue growing over the next five years, surpassing $31 billion by 2021.

This report covers the global markets for home audio speaker systems/devices. The home audio device market continues to evolve, with new technologies being embraced to develop new product categories such as multi-room speakers and market developments such as ultra thin smart TVs driving a need for sound bars.

In this changing market suppliers are increasingly needing to diversify their product offering to remain successful and be competitive. Wireless technologies are becoming mainstream, new technologies such as sensors are enabling new use cases for speakers and will impact market growth in the near future.

This study builds on our range of studies on audio technology and sensor markets. It provides market forecasts for a range of speaker types providing analysis for units shipped, revenues and average selling prices, regional markets and wireless technology attach rates. It also provides competitive analysis for each product type.

Scope of the report

- Market Overview

- Key Specifications

- Market Forecasts

- Regional Forecasts and Trends

- Technology Attach Rates

- Notable Products

- Device Ecosystem

- Competitive Analysis

- Branded vs Commodity

Key Topics Covered:

1. Scope and Definitions

2. Market Snapshot

3. Total Market for Home Audio

4. Mobile Speakers

5. Room Speakers/Docks

6. Wireless Multi-room Speakers

7. Sound Bars

8. Home Theatre in a Box Systems

9. Wireless Technologies Used in Home Audio

10. Key Supplier Profiles

11. Supplier Lists

12. Acknowledgments

Companies Mentioned

- Bang & Olufsen

- Gibson Brands

- Harman Group

- Panasonic

- Samsung

- Sonos

- Sony

For more information about this report visit http://www.researchandmarkets.com/research/t6zgdp/home_audio

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-home-audio-speakers-technologies-and-competitive-assessment-2017-2021-home-audio-market-was-worth-195-billion-in-2016-increasing-by-16-from-2015---research-and-markets-300416926.html

SOURCE Research and Markets