Global Soundbar Market 2019 - Wireless Streaming of Audio Content Drives Growth

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Mar 20, 2015, 03:15 ET

DALLAS, March 20, 2015 /PRNewswire/ --

RnRMarketResearch.com adds Global Soundbar Market 2015-2019 report to its store. Analysts forecast the Global Bluetooth Speaker market to grow at a CAGR of 38.73% during the forecast period 2014-2019.

The new "Global Soundbar Market 2015-2019" report draws attention towards wireless streaming of audio content via soundbars. Most soundbars come with wireless support like Bluetooth, Wi-Fi connectivity and near-field communication (NFC). Moreover, soundbars require less space and use minimal wiring, so the system does not look cluttered.

The latest soundbars can connect to portable devices like MP3 players, smart phones, tablets and laptops, which offers an added benefit to the end-users.

The report also emphasizes the growing number of smart homes worldwide. Homes in developed nations are getting revamped into smart homes with more and more interconnected technology. Consumer electronic devices, media and entertainment gadgets and other smart electronics in a smart home are connected to the home network so they can easily interact with each other.

The market for smart homes in developing countries is also growing as the spending capacity of consumers in these countries has improved.

This report covers the present scenario and the growth prospects of the Global Soundbar market for the period 2015-2019. To calculate the market size, the report considers the global shipments as well as the revenue generated by the sales of soundbar.

Order a Copy of Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=314518.

The report Global Soundbar Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

List of Exhibits:

Exhibit 1: Market Research Methodology
Exhibit 2: Types of Soundbar
Exhibit 3: Global Soundbar Market (units in million)
Exhibit 4: Global Soundbar Market (US$ billion)
Exhibit 5: Average Price of Soundbars 2014-2019 (US$)
Exhibit 6: Key Economic Indicators Affecting Action Camera Market
Exhibit 7: World GDP and GDP per Capita 2009-2014
Exhibit 8: Global Soundbar Market by Geographical Segmentation 2014
Exhibit 9: Key Leading Countries in the Global Soundbar Market 2014
Exhibit 10: Per Capita Disposable Income of Leading Countries 2009-2014 (US$)
Exhibit 11: Arçelik: Business Segmentation by Revenue 2014
Exhibit 12: Arçelik: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
Exhibit 13: Arçelik: Geographical Segmentation by Revenue 2014
Exhibit 14: Bose: Product Segmentation
Exhibit 15: Bose: Geographical Segmentation
Exhibit 16: CSR: Business Segmentation by Revenue 2013(US$ million)
Exhibit 17: CSR: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 18: CSR: Geographical Segmentation by Revenue 2013
Exhibit 19: Harman International Industries: Business Segmentation by Revenue 2014
Exhibit 20: Harman International Industries: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
Exhibit 21: Harman International Industries: Geographical Segmentation by Revenue 2014
Exhibit 22: Philips: Business Segmentation by Revenue 2013
Exhibit 23: Philips: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 24: Philips: Geographical Segmentation by Revenue 2013
Exhibit 25: Polk Audio: Geographical Segmentation
Exhibit 26: Sennheiser Electronic: Business Segmentation by Revenue 2013
Exhibit 27: Sennheiser Electronic: Geographical Segmentation by Revenue 2013
Exhibit 28: Sonos: Key Products
Exhibit 29: Sonos: Geographical Presence
Exhibit 30: Vizio: Geographical Segmentation
Exhibit 31: VOXX International: Business Segmentation by Revenue 2014
Exhibit 32: VOXX International: Business Segmentation by Revenue 2013 and 2014 (US$ million)
Exhibit 33: VOXX International: Geographical Segmentation by Revenue 2014
Exhibit 34: Yamaha: Geographical Segmentation

Other Related Reports on Audio Equipment:

Global Bluetooth Speaker Market 2015-2019 (http://www.rnrmarketresearch.com/global-bluetooth-speaker-market-2015-2019-market-report.html): Analysts forecast the Global Bluetooth Speaker market to grow at a CAGR of 38.73 % during the forecast period 2014-2019.

One major trend in this market is the increased R&D innovations. With the increase in the level of awareness by consumers, a higher number of cellphone users prefer Bluetooth speakers. Attractive features such as colors, different shapes with multiple uses, and improved connectivity are increasing consumer interest.

According to the report, convenience to carry and use is one of the major drivers of the market. Bluetooth speakers are gaining acceptance in the automotive sector as they give drivers an option to attend calls and drive simultaneously. Moreover these Bluetooth speakers are very lightweight and small in size, which makes them handy.

Further, the report states that one of the major challenges in the market is the limited range. There are hindrances in the communication system, and lack of accessibility and interoperability when the user and the device is beyond a particular range. With devices such as mobile phones, music players, or laptops, the speakers should be within 30-32 feet of each other to function, which makes it difficult to play music when sitting in another area.

The report recognizes the following companies as the key players in the Global Bluetooth Speaker Market: Bose Corp., Harman International Industries Inc., Philips, Sennheiser Electronic GmbH & Co. KG and Sony Corp.

Other Prominent Vendors in the market are: Apple, LG, Panasonic, Plantronics, Polk Audio, Samsung, Shure, Vizio and Voxx.

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