3D Audio Market - Increasing Adoption of 3D Audio In Gaming
Obtain Report Details @www.transparencymarketresearch.com/3d-audio-market.html
Over the years, cinema screens have been transformed from analogue to digital format. In the current market scenario, cinema industry is adopting 3D audio sound systems. Furthermore, booming (VR) and augmented realty (AR) and its penetration across museums and exhibitions, is anticipated to create lucrative market opportunities for 3D audio solutions. These attributes of cinema digitization and VR penetration in the end-use market is anticipated to further enhance the adoption of 3D audio systems.
The global 3D audio market is broadly segmented by component and end-use. According to the research study, the software segment of the market held the maximum market share and anticipated to show a CAGR of above 15% throughout the forecast period. Software’s revenue contribution is primarily due to significant deployment of 3D audio software across cinema industry. The software segment is anticipated to remain dominant over the forecast period. As the market is in its initial stage, services including installation, maintenance, and repair related 3D audio are limited. However, expected adoption of 3D audio systems in the near future is projected to create lucrative growth opportunities for 3D audio services and hence the segment is anticipated to grow with highest CAGR over the forecast period.
Download PDF Sample for this Research Report @ www.transparencymarketresearch.com/sample/sample.php?flag...
Moreover, the report predicts the hardware segment to witness a remarkable growth over the forecast period 2017 – 2025, with a CAGR of 17.4%. Within hardware, loud speaker segment is anticipated to contribute significant market revenue share and it is anticipated to remain dominant throughout the research study. As per TMR analysis, 3D audio market’s commercial end-use segment is anticipated to grab maximum market share in 2016 and the similar trend is expected to be observed during the forecast period.
Commercial usage of 3D audio, which includes cinema, VR, automobile, gaming among others, are forecasted to create lucrative opportunities for 3D audio in global market. Owing to the rapid growth of VR market, the 3D audio market is anticipated to witness highest CAGR growth across its virtual reality (VR) segment. However, 3D audio proliferation across personal/in-house applications are anticipated to witness highest growth rate during the forecast period 2017 to 2025. Owing to the increasing 3D audio integration in home cinema and gaming. Moreover, proliferation of portable entertainment devices across the personal/in-house applications is also one of the significant causes to boost 3D audio market.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Audio Market - Increasing Adoption of 3D Audio In Gaming here
News-ID: 993444 • Views: 98
More Releases from Transparency Market Research
Electric Bus Market to Change the Future of Public Transportation
The electric bus market is expected to surpass US$ 165 Bn by 2026, expanding at a CAGR of more than 24% during the forecast period. The market for electric buses is anticipated to expand at a significant growth rate during the forecast period, owing to rising concern of society toward the environment. Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=44898 The electric bus market is primarily driven by stringent emission norms across
Truck Mounted Concrete Pump Market Survey on Emerging Opportunities 2026
The concrete pump plays an important role in construction activities. It is utilized to transfer liquid concrete by pumping it from one place to another. There are different types of truck mounted concrete pumps such as boom or truck mounted pump, trailer, line or stationary pump and specialized usage pumps. Boom or truck mounted concrete pump dominates the market, and it is likely to maintain its dominance during the forecast
Automotive Roof Rails Market: The Development Strategies Adopted by Major Key Pl …
Automotive roof rails are set up on the roof of the vehicle. Roof rails are either vehicle-fitted by the OEMs or they can be attached as per requirement. Several light commercial vehicles have OEM-fitted roof rails. Passenger vehicles that are employed for commercial purposes or used for traveling purposes are likely to be fitted with roof rails. For More Industry Insight, Download Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=52443 Rise in demand for light commercial vehicles is
Automotive Torsional Vibration Dampers Market: Current Trends, Competitive Lands …
Torsional vibration dampers are crankshaft pulleys that comprise rubber material for dampening the vibrations produced within the engine compartment due to rotation of the crankshaft. The rubber material is mounted between the two metal parts. In most modern engines, torsional vibration is a major cause of noise and vibration, thus torsional vibration dampers are extensively utilized in order to neutralize all causes of vibration. For More Industry Insight, Download Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=52440 The