GCC Soundbar Market to Reach US$ 142 Million by 2027 AT Growth Rate (CAGR) of 9.78%

According to IMARC Group's latest report, titled "𝐆𝐂𝐂 𝐒𝐨𝐮𝐧𝐝𝐛𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the GCC soundbar market size reached US$ 81.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 142 Million by 2027, exhibiting a growth rate (CAGR) of 9.78% during 2022-2027.

A soundbar represents a speaker that is used to produce sound from a special cabinet. Also referred to as a media or speaker bar, it consists of a slim unit comprising several built-in speakers, which are specifically designed to improve sound quality with minimal wiring. A soundbar can be mounted above or below a display device, as it is manufactured in a horizontal design that enhances the acoustic experience. In addition to this, these speakers can be connected to various electronic devices, such as laptops, PC, smartphones, television, music player, etc. As a result, soundbars find extensive applications across residential, commercial, and entertainment sectors.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/gcc-soundbar-market/requestsample

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.

𝐆𝐂𝐂 𝐒𝐨𝐮𝐧𝐝𝐛𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The growing penetration of smart devices that can be connected to speakers to enhance the entertainment experience at home is among the primary factors driving the GCC soundbar market. Apart from this, the escalating demand for subscription-based media platforms, such as Amazon Prime and Netflix, the emerging trend of digitalization, and the introduction of newer and innovative 4K and 8K television technologies are further augmenting the market growth.

Moreover, the widespread adoption of the soundbar, as it is cost-effective and easier to set up than other conventional stereo systems, is acting as another significant growth-inducing factor. Besides this, the increasing internet connectivity and the rising integration of soundbar with voice assistants, including Alexa and Google Assistance, to enhance the ability for wireless content streaming, thereby improving the overall experience for the users. Additionally, the inflating need for compatible media and entertainment gadgets for producing strong sound with good bass response is expected to bolster the GCC soundbar market in the coming years.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3758&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on type, installation method, connectivity and application.

Breakup by Type:
• Wall-Mounted
• Tabletop
• 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 Country:
• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞 : https://www.imarcgroup.com/request?type=report&id=3758&flag=C

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

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