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Soundbar Market Trends 2020 Industry Demand, Revenue Growth and Competitive Analysis Forecast to 2025

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Elena Anderson
Soundbar Market Trends 2020 Industry Demand, Revenue Growth and Competitive Analysis Forecast to 2025

A soundbar, also known as media bar, is an oblong-shaped, slender device with built-in speakers that helps to create surround sound and stereo effect. It is designed to improve audio quality by acquiring minimal space and eliminating the need for multiple speakers and external wiring. A soundbar can be connected to various electronic devices, such as computers, laptops, televisions and music players.

According to the latest report by IMARC Group, titled "Soundbar Market Trends: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," The global soundbar marketgrew at a CAGR of 19.5% during 2014-2019.

Request for a free sample copy of this report: https://www.imarcgroup.com/soundbar-market/requestsample

Market Trends

The global soundbar market is driven by the rising adoption of smart devices and the growing popularity of subscription-based media platforms, such as Amazon Prime and Netflix. The market is further facilitated by the introduction of 4K and 8K television technologies. Apart from this, the construction of smart homes and the integration of soundbars with voice assistants, such as Alexa and Google Assistance, have further escalated the installation of soundbars in residential spaces. Moreover, rapid digitalization, transformations in the music industry and technological advancements are some of the other factors that have resulted in the increased demand for soundbars across the globe.

Soundbar 2020-2025: Segmentation and Analysis of Top Keyplayers

The report has segmented on the basis of type, installation method, connectivity, application and region

Breakup by Type:

  1. Wall-Mounted
  2. Tabletop
  3. Others
     

Breakup by Installation Method:

  1. Active Soundbar
  2. Passive Soundbar
  3. Others
     

Breakup by Connectivity:

  1. Wi-Fi
  2. Bluetooth
  3. Others
     

Breakup by Application:

  1. Home Audio
  2. Commercial
  3. Others

Explore full report with table of contents: https://www.imarcgroup.com/soundbar-market

Breakup by Region:

  1. North America
  2. Asia Pacific
  3. Europe
  4. Latin America
  5. Middle East and Africa

 

Browse Related Report:

https://www.imarcgroup.com/electronics-security-market

https://www.imarcgroup.com/in-memory-computing-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group
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Website: https://www.imarcgroup.com/
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