The preference for live entertainment will likely have a positive impact on the growth of the market, as a result, the number of musicians, artists, and DJs has increased significantly. Advances in technology have led to the development of mobile DJ apps that allow track mixing. These apps are available in both free and paid versions. The availability of apps poses a challenge to the market, thereby hindering the revenue inflow for vendors in the global DJ consoles market. DJ consoles have a long life cycle of nearly 8-10 years and do not require high maintenance, which also poses a challenge to the growth of the market.
Technavio’s analysts forecast the global disc jockey (DJ) consoles market to grow at a CAGR of 2.32% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global disc jockey (DJ) consoles market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of DJ consoles that include: - Controllers - Mixers - Media players - Turntables and related accessories
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Disc Jockey (DJ) Consoles Market 2016-2020, 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 - Denon DJ (inMusic) - GCI Technologies - Native Instruments - Numark Industries - Pioneer DJ
Other prominent vendors - Allen & Heath - Focusrite - Hercules - Korg - Reloop - Serato Audio Research - Stanton
Market driver - Increased demand for live events - For a full, detailed list, view our report
Market challenge - Long replacement cycle of DJ consoles - For a full, detailed list, view our report
Market trend - Increasing adoption of DJ software for song mixing - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 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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