India Soundbar Market Size US$ 284.1 Million, Growth Rate (CAGR) of 10.9% and Forecast 2023-2028

According to IMARC Group's latest report, titled "𝐈𝐧𝐝𝐢𝐚 𝐒𝐨𝐮𝐧𝐝𝐛𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", the India soundbar market size reached US$ 153.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 284.1 Million by 2028, exhibiting a growth rate (CAGR) of 10.9% during 2023-2028.

A soundbar is a sleek, compact device designed to sit beneath the TV screen and provide an immersive audio experience. It is equipped with advanced audio processing features for speaker equalization, multiple built-in speakers, stereo analog inputs and outputs, infrared remote control, and wireless connectivity options. Compared to traditional stereo sound systems, soundbars offer powerful surround sound and superior audio quality while taking up minimal space. They eliminate the need for multiple speakers and external wiring, making them an ideal choice for homes and commercial spaces that require a clutter-free setup. In India, the demand for soundbars has increased significantly across the residential, entertainment, and commercial sectors.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/india-soundbar-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

India Soundbar Market Trends:

The surging demand for smart and automated systems, such as soundbars, represents one of the primary factors boosting the market growth in India. Moreover, the increasing consumer per capita income and rapid advancements in television technology, such as 4K and 8K, are providing a considerable thrust to the market growth. Additionally, the rising popularity of virtual assistants, the development of intuitive technologies, and the escalating adoption of subscription-based media platforms, such as Netflix, Hulu, and Amazon Prime, are creating a positive outlook for the market. In line with this, key market players are integrating the internet of things (IoT) with soundbars to offer low-cost wireless audio transmission from TVs and soundbars to surrounding speakers for an immersive sound experience, which, in turn, is accelerating the market growth. Other factors, such as rapid digitization, increasing smartphone and smart TV penetration, and the widespread adoption of smart devices, are contributing to the market growth in the country.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3755&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

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 Region:
• North India
• West and Central India
• East India
• South India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=3755&flag=C

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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:

Europe Soundbar Market: https://bit.ly/3Xl9Azs
GCC Soundbar Market: https://bit.ly/3EPjLoI

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