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