United States Soundbar Market Size to Hit US$ 1,734.2 Million by 2028 | With a 7.9% CAGR

The latest report by IMARC Group, titled "United States Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The United States soundbar market size reached US$ 1,092.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,734.2 Million by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.

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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United States Soundbar Market Trends and Drivers:

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.

Report Segmentation:

The report has segmented the market into the following categories:

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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