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Global Networked Audio Products Market Booming At CAGR Of 16.73% Between 2017-2021

Press Release   •   Aug 31, 2017 00:59 EDT

Latest industry research report on: Global Networked Audio Products Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Networked audio products are audio devices that are connected to each other with the help of a master speaker that is linked using media streaming technology. Some of the top media streaming technologies in networked audio devices include AirPlay, Bluetooth, Digital Living Network Alliance (DLNA), Play-Fi, and Sonos. Networked audio products help in transferring digital media content from a media streaming mobile app to different networked audio devices using a Wi-Fi network. They enable the smooth streaming of audio content. These products support multi-room systems when connected to compatible software and speakers.

Technavios analysts forecast the global networked audio products market to decline at a CAGR of (16.73%) during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global networked audio products market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of networked audio products such as Bluetooth, Digital Living Network Alliance (DLNA), AirPlay, Play-Fi, Sonos, and Others.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Networked Audio Products Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Pioneer
  • Samsung Electronics
  • Sonos
  • Yamaha

Other prominent vendors

  • Cambridge Audio
  • Cirrus Logic
  • Denon
  • Grace Digital
  • Logitech
  • Naim Audio
  • On-Hold Plus
  • QSC
  • Marantz America
  • Roku
  • Sherwood
  • Sony
  • TEAC
  • TOA Electronics

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Market driver

Increase in number of smart homes

For a full, detailed list, view our report

Market challenge

Availability of counterfeit products

For a full, detailed list, view our report

Market trend

Improved wireless connectivity

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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