United States Soundbar Market Share, Size, Growth and Report Forecast 2022-2027
According to the latest report by IMARC Group "United States Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The United States soundbar market reached a value of US$ 1,010 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,623 Million by 2027, exhibiting a CAGR of 8.37% during 2022-2027.A soundbar, or media bar, is a single cabinet loudspeaker that can be connected with various electronic devices, such as tablets, laptops, smartphones, and music players, for producing stereo effects. It is extensively deployed in commercial, residential, and entertainment sectors due to its high-quality audio. The soundbar mainly includes an audio speaker equalization system, wireless connectivity option, and stereo analog input and output. At present, soundbars are available in different types, such as all-in-one, cinematic, and subwoofer soundbars.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Soundbar Market Trends:
The rising popularity of over-the-top (OTT) platforms, such as Netflix, Unscreen TV, Amazon, and Vimeo, is one of the key factors primarily driving the United States soundbar market growth. The rapid digitization, along with the integration of voice assistants like Google Assistance, Siri and Alexa, is further impelling the market growth. In line with this, the widespread utilization of soundbars in various commercial sectors, such as retail, hospitality, and corporate, is contributing to the market growth across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States soundbar market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, installation method, connectivity and application.
Breakup by Type:
Wall-Mounted
Table-Top
Others
Breakup by Installation Method:
Active Soundbar
Passive Soundbar
Others
Breakup by Connectivity:
Wi-Fi
Bluetooth
Others
Breakup by Application:
Home Audio
Commercial
Others
Breakup by Region:
Northeast
Midwest
South
West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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