All items tagged with market research (182)
Strategy Analytics: 2018 Global Smart Speaker Sales Reached 86.2 Million Units on Back of Record Q4
February 20, 2019 by audioXpress Staff

Strategy Analytics: 2018 Global Smart Speaker Sales Reached 86.2 Million Units on Back of Record Q4

The final results are in and they confirm that smart speakers were the hottest consumer electronics product in 2018. Strategy Analytics’ latest research shows that Q4 shipments grew 95% to 38.5 million units. This was more than the entire 2017 total and brought the 2018 tally to 86.2 million units. Amazon and Google enjoyed a particularly strong quarter thanks to the popularity of their low-cost Echo Dot and Home Mini speakers and both companies recorded quarter-on-quarter increases in market share.
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Digital Voice Assistants in Use to Triple to 8 Billion by 2023
February 14, 2019 by audioXpress Staff

Digital Voice Assistants in Use to Triple to 8 Billion by 2023

A new study from Juniper Research has found that there will be 8 billion digital voice assistants in use by 2023, up from an estimated 2.5 billion at the end of 2018. The new research on "Digital Voice Assistants: Platforms, Revenues & Opportunities 2019-2023," shows growth will be driven by smart home devices and that Smart TVs will have the biggest expansion, growing at over 100% every year for the next 5 years. Juniper also identifies strong growth in wearables and emerging opportunities for both B2B (Business to Business) and B2C (Business to Consumer) uses.
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SAR Insight & Consulting Forecasts Strong Growth for True Wireless Stereo (TWS) Earbuds
February 8, 2019 by audioXpress Staff

SAR Insight & Consulting Forecasts Strong Growth for True Wireless Stereo (TWS) Earbuds

True wireless stereo (TWS) earbuds are driving innovation and creating a growth market. Total market revenues for the true wireless stereo earbuds (TWS) market are expected to reach almost $10 billion in 2019, outstripping all other headphone markets, according to the latest research from SAR Insight & Consulting, which reports "the market is expected to grow rapidly over the next 5 years accounting for more than 60% of all wireless stereo headphones shipped by 2023.”
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Smart Speakers Featuring Displays a Growing Trend According to Strategy Analytics
January 14, 2019 by audioXpress Staff

Smart Speakers Featuring Displays a Growing Trend According to Strategy Analytics

According to a new report from Strategy Analytics, worldwide sales of smart displays, a sub segment of the wider smart speaker market, will grow 111% in 2019 to reach 16.9 million units. The report forecasts that more than 12 million homes will own a smart display by the end of this year, rising to nearly 100 million homes by 2023. The report also predicts that 46% of unit sales of smart displays in 2019 will have built-in support for Google Assistant while a further 40% will support Amazon’s Alexa platform. Chinese platforms including Baidu’s DuerOS will account for the majority of the remaining 14% of the market.
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Appeal of Headphones Could Help World’s Hard of Hearing, New Futuresource Hearables Research States
December 20, 2018 by audioXpress Staff

Appeal of Headphones Could Help World’s Hard of Hearing, New Futuresource Hearables Research States

Futuresource Consulting announced the forthcoming availability of the new 'Worldwide Hearables Report'. According to the company's research, the growing appeal of aftermarket headphones is opening up the new ‘hearables’ sub-segment, catering for those with hearing loss and alleviating much of the expense and stigma attached to hearing aids. Amid these market developments, Futuresource will carry out in-depth original research to explore the enabling technologies, the underlying consumer attitudes, motivations and the size of the hearables opportunity.
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SAR Insight & Consulting Estimates 335 Million Voice Assistant Smart Devices in Use in China by 2023
December 17, 2018 by audioXpress Staff

SAR Insight & Consulting Estimates 335 Million Voice Assistant Smart Devices in Use in China by 2023

Smart devices have proliferated across everyday life for Chinese people, offering considerable opportunities for global companies operating within the AI space – specifically focused on the voice assistant market. According to the latest report from SAR Insight & Consulting – China Voice Market – the average Chinese consumer has become much more positive about the benefits of owning connected devices helping to drive greater interest in the interactive voice functionality.
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28% of Smart Speaker Owners use it to Control a Smart Home Device
December 13, 2018 by audioXpress Staff

28% of Smart Speaker Owners use it to Control a Smart Home Device

The latest research from Parks Associates tracks growth of voice control and voice-based technologies for smart home and connected entertainment ecosystems. Parks Associates found that 28% of U.S. broadband households with a smart speaker use the voice assistant to control a smart home device, compared to only 12% that use it to control an entertainment device. The report "State of the Market: Smart Home and Connected Entertainment," is now available for download on the Parks Associates site.
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Headphones Market Revenues Surged 26% in Q3 Says Futuresource Consulting
December 12, 2018 by audioXpress Staff

Headphones Market Revenues Surged 26% in Q3 Says Futuresource Consulting

In its latest Global Headphone Report update, market research firm Futuresource Consulting continues to see solid growth in the headphones market, both in units sold and revenue. According to the latest quarterly tracking report from Futuresource, the global headphones market enjoyed an upsurge in revenues in Q3 this year, growing by 26% year-on-year. It seems noise-cancelling and true wireless headphones are exciting consumers.
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Juniper Predicts Hearables To Revolutionize Personal Audio Tech by 2022
December 12, 2018 by audioXpress Staff

Juniper Predicts Hearables To Revolutionize Personal Audio Tech by 2022

Predicting that over 50% of all wireless headphones will incorporate Hearable Voice assistants, touch sensors and other interface technologies, a new report by Juniper Research forecasts that hearables will become the new standard for personal audio in under 5 years. The new report from Juniper has found that there will be an estimated 417 million hearables in use by 2022. This includes fitness-focused devices, hearing augmentation and purely audio-focused devices.
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Consumer Audio Poised For Rapid Growth: Futuresource Consulting Key Trends Roundup
November 22, 2018 by Futuresource Consulting

Consumer Audio Poised For Rapid Growth: Futuresource Consulting Key Trends Roundup

Market research firm Futuresource Consulting promoted its highly successful Audio Collaborative conference dedicated to latest audio industry trends. During this all-day event, held in London, UK, on November 8, 2018, Futuresource's Principal Consultant, Jack Wetherill presented "Key Trends and Drivers in the Consumer Audio Hardware Market," a summary of the company's latest market research on Consumer Audio. Consumer audio hardware is making a comeback and poised for a period of rapid growth, was the key message.
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