About Soundbar A soundbar is a single cabinet loudspeaker that produces surround sound. It occupies minimal space and can be mounted on the wall. It eliminates the need for multiple sound boxes and any external wiring to interconnect satellite speakers. The growing adoption of soundbars has affected the sales of other home audio speakers, such as home theater systems and Blu-ray audio players.
Technavio’s analysts forecast the global soundbar market to grow at a CAGR of 16.18% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global soundbar market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of soundbars.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Soundbar 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.
Key vendors - Bose - LG Electronics - Samsung Electronics - Sony - Yamaha
Market driver - Increase in number of smart homes - For a full, detailed list, view our report
Market challenge - Streaming limited to network range - For a full, detailed list, view our report
Market trend - Increase in multi-room streaming - For a full, detailed list, view our report
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? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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