Soundbar Market PPT (2023-2028): Global Trends, Scope, Demand, Opportunity and Forecast

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Global Soundbar Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Soundbar Market Research Report The
latest report by IMARC, titled Soundbar Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028 " the global
soundbar market reached a value of US 3.7
Billion in 2022. A soundbar is an oblong-shaped
device that is used to produce a stereo effect.
It is a type of audio system enclosure that
comprises of numerous individual speakers placed
side by side. The device is also characterized by
various advanced features, such as infrared
remote control, stereo analog inputs and outputs,
wireless connectivity option, and other audio
processing features pertaining to speaker
equalization. It is widely used across the
residential, commercial, and entertainment
sectors to create virtual surround sound with the
help of advanced vibrations technology. Also
known as a media or speaker bar, it is widely
utilized to offer an enhanced audio experience to
the users by eliminating the need for elaborate
setups, external wiring and multiple
speakers. Request Free Sample Report
https//www.imarcgroup.com/soundbar-market/request
sample
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Report Description and Highlights
Report Description

Global Soundbar Market Trends The global market
is primarily driven by the growing preference for
online media consumption. The escalating
popularity of subscription-based media platforms,
such as Netflix, Amazon Prime, Disney and Hulu,
along with the rising adoption of flat-panel TV
sets, has created an increasing requirement for
premium viewing experience among the masses,
thereby providing a boost to the sales of
soundbars. This is supported by improving
standards of living, inflating per capita income
levels and the availability of high-speed
internet connection. The market is further driven
by the rapid integration of these devices with
voice assistant technology. Several key players,
including Bose Corporation, are launching models
that support Alexa and Google Assistant to offer
seamless content streaming experience, which is
widely gaining prominence among individuals.
Along with this, the growing adoption of smart
homes on the global level has created an
increasing demand for connected communication
devices, which, in turn, is facilitating the
uptake of soundbars. Numerous digital
transformations in the music industry are further
providing a thrust to the demand for compatible
media and entertainment gadgets with good bass
response. Some of the other factors contributing
to the market growth include rapid digitalization
and the launch of numerous television (TV) sets
integrated with 8K technology, along with
increasing product utilization in the hospitality
and institutional sectors. On account of the
aforementioned factors, the market is anticipated
to grow at a CAGR of 8.8 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Type Insights Wall-Mo
unted Table-top Others Instal
lation Method Insights Active Soundbars
Passive Soundbars
Others Connectivity Insights Wi-Fi
Bluetooth Others Application Ins
ights Home Audio

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Report Description and Highlights
Report Description
Commercial Others Regional In
sights North America
United States Canada A
sia Pacific China
Japan India
South Korea Australia
Indonesia Others
Europe Germany
France United Kingdom
Italy

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Report Description and Highlights
Report Description
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and A
frica Turkey S
audi Arabia Others

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Bose Corporation
• Edifier International Limited Harman Internationa
  l Industries Incorporated LG Electronics Panasonic
  Corporation Polk Audio. LLC Samsung Group Sennhei
  ser electronic GmbH Co. KG Sony Corporation Yama
  ha Corporation
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/soundbar-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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photocopying, recording, taping or by information
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
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