0

Professional Speaker Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 121
  • SKU: IRTNTR72473
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The professional speaker market share is expected to increase by USD 543.74 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.36%.

This professional speaker market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers professional speaker market segmentation by type (digital and analog) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The professional speaker market report also offers information on several market vendors, including Yamaha Corp., AEB Industriale Srl, B and C Speakers SpA, Biamp Systems LLC, Bose Corp., Bowers and Wilkins, Carlson Audio Systems, CELTO Acoustique Europe SRL, CODA Audio GmbH, D and B audiotechnik GmbH and Co. KG, Dynaudio AS, Extron, Harman International Industries Inc., K array, L-Acoustics, Loud Audio LLC, Meyer Sound Laboratories Inc., Nady Systems Inc., Renkus-Heinz Inc., and Sony Group Corp. among others.

What will the Professional Speaker Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Professional Speaker Market Size for the Forecast Period and Other Important Statistics

 

Professional Speaker Market: Key Drivers, Trends, and Challenges

The new product launches is notably driving the professional speaker market growth, although factors such as limitations of professional speakers may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the professional speaker industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Professional Speaker Market Driver

One of the key factors driving the global professional speaker industry growth is the new product launches. For instance, in December 2021, HARMAN Professional Solutions announced the launch of JBL Professional 3800 and 4800 Series, which are screen-channel loudspeakers and can be installed in small to medium-format cinemas in China. In October 2021, Soundcore announced the launch of Select Pro speakers in India. These are portable speakers and can be used in outdoor venues. In June 2021, HARMAN Professional Solutions announced the launch of the JBL CMX6000 series column speaker system in China. In February 2021, Sony India announced the launch of its latest premium wireless speaker, SRS-RA3000. In March 2020, Yamaha announced the launch of its new HS5 MP, HS7 MP, and HS8 MP models, which are powered monitor speakers and can be used for professional and home studio environments. Thus, such activities will drive the growth of the market during the forecast period.

Key Professional Speaker Market Trend

Demand for professional speakers in sporting arenas and stadiums is one of the key professional speaker market trends that is expected to impact the industry positively in the forecast period. Sporting arenas and stadiums need to be equipped with integrated advanced audio, video, and lighting technologies. Vendors such as HARMAN Professional Solutions offer Versatile Line Array (VLA) loudspeakers that use the combination of line array technology and horn-loaded design and can offer horizontal pattern control. The company claims that these speakers were installed in Soldier Field stadium in the US, Moda Center, an indoor sports arena used for basketball, ice hockey, and rodeos, US Bank Stadium, and BC Place, a multipurpose stadium located in Canada. Similarly, in November 2021, Fulcrum Acoustic announced that the company installed its AHS steerable coaxial horn loudspeakers at Crusader Stadium at the University of Mary Hardin-Baylor in Texas. Such factors will contribute to market growth during the forecast period.

Key Professional Speaker Market Challenge

One of the key challenges to the global professional speaker industry growth is the limitations of professional speakers. There is a requirement for an appropriate arraying of point source speakers to ensure no interference occurs between two speakers. Furthermore, using point source and line array speakers has its disadvantages owing to their design limitations. For instance, line array speakers cannot be installed in rooms that have low ceilings. Furthermore, it is a challenging task to design an appropriate array with point source speakers that are used as a part of a larger array or cluster. The arrays may work better at certain frequencies as compared to others. Thus, acoustic lobing can be observed at certain frequencies, and unexpected interference can occur between two-point source speakers. Thus, skilled sound engineers are required that can recommend appropriate arraying of point source speakers. These limitations of point source and line array speakers can pose a challenge to the growth of the global professional speaker market during the forecast period.

This professional speaker market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global professional speaker market as a part of the global consumer electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the professional speaker market during the forecast period.

Who are the Major Professional Speaker Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Yamaha Corp.
  • AEB Industriale Srl
  • B and C Speakers SpA
  • Biamp Systems LLC
  • Bose Corp.
  • Bowers and Wilkins
  • Carlson Audio Systems
  • CELTO Acoustique Europe SRL
  • CODA Audio GmbH
  • d and b audiotechnik GmbH and Co. KG
  • Dynaudio AS
  • Extron 
  • Harman International Industries Inc.
  • K array
  • L-Acoustics
  • Loud Audio LLC
  • Meyer Sound Laboratories Inc.
  • Nady Systems Inc.
  • Renkus-Heinz Inc.
  • Sony Group Corp.

 

This statistical study of the professional speaker market encompasses successful business strategies deployed by the key vendors. The professional speaker market is fragmented and the vendors are deploying growth strategies such as new product launches to compete in the market.

Product Insights and News

  • AEB Industriale Srl - The company offers INGENIA series that embodies a longtime experience in acoustics, mechanics, power electronics, and DSP programming, combined with talent and intuition in order to create an unprecedented active speaker. 
  • AEB Industriale Srl - Under the unified segment, the company offers products such as amplifiers, sound systems, radio systems, software, and controller. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The professional speaker market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Professional Speaker Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the professional speaker market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Professional Speaker Market?

For more insights on the market share of various regions Request for a FREE sample now!

31% of the market’s growth will originate from APAC during the forecast period. US, Canada, China, Germany, and UK are the key markets for professional speakers in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing music industry, the availability of professional speakers through organized retail stores and e-commerce platforms, and the presence of prominent vendors will facilitate the professional speaker market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic had a negative impact on the regional professional speaker market. The governments in countries such as the US, Canada, and Mexico imposed nationwide lockdowns and COVID-19-related restrictions to curb the spread of the disease. As a result, physical retail stores selling professional speakers were shut, which impacted the sales of professional speakers. As outdoor activities were prohibited, various music and sporting events were canceled or delayed. Thus, there was low regional demand for professional speakers. However, in H2 2020, due to the availability of vaccines, there was a reduction in COVID-19 cases in the region. The retail stores selling professional speakers reopened. The market is expected to witness growth during the forecast period.

What are the Revenue-generating Type Segments in the Professional Speaker Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The professional speaker market share growth by the digital segment will be significant during the forecast period. The growth is attributed to the wide range of digital professional speakers such as point source speakers, line array speakers, subwoofers, and others, offered by market vendors.

This report provides an accurate prediction of the contribution of all the segments to the growth of the professional speaker market size and actionable market insights on post COVID-19 impact on each segment.

 

Professional Speaker Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2022-2026

$ 543.74 million

Market structure

Fragmented

YoY growth (%)

3.8

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 31%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Yamaha Corp., AEB Industriale Srl, B and C Speakers SpA, Biamp Systems LLC, Bose Corp., Bowers and Wilkins, Carlson Audio Systems, CELTO Acoustique Europe SRL, CODA Audio GmbH, d and b audiotechnik GmbH and Co. KG, Dynaudio AS, Extron , Harman International Industries Inc., K array, L-Acoustics, Loud Audio LLC, Meyer Sound Laboratories Inc., Nady Systems Inc., Renkus-Heinz Inc., and Sony Group Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Professional Speaker Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive professional speaker market growth during the next five years
  • Precise estimation of the professional speaker market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the professional speaker industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of professional speaker market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Digital - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Digital - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Digital - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Digital - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Digital - Year-over-year growth 2021-2026 (%)
    • 5.4 Analog - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Analog - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Analog - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Analog - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Analog - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 AEB Industriale Srl
              • Exhibit 89: AEB Industriale Srl - Overview
              • Exhibit 90: AEB Industriale Srl - Product / Service
              • Exhibit 91: AEB Industriale Srl - Key offerings
            • 10.4 Bose Corp.
              • Exhibit 92: Bose Corp. - Overview
              • Exhibit 93: Bose Corp. - Product / Service
              • Exhibit 94: Bose Corp. - Key news
              • Exhibit 95: Bose Corp. - Key offerings
            • 10.5 Bowers and Wilkins
              • Exhibit 96: Bowers and Wilkins - Overview
              • Exhibit 97: Bowers and Wilkins - Product / Service
              • Exhibit 98: Bowers and Wilkins - Key offerings
            • 10.6 d and b audiotechnik GmbH and Co. KG
              • Exhibit 99: d and b audiotechnik GmbH and Co. KG - Overview
              • Exhibit 100: d and b audiotechnik GmbH and Co. KG - Product / Service
              • Exhibit 101: d and b audiotechnik GmbH and Co. KG - Key offerings
            • 10.7 Harman International Industries Inc.
              • Exhibit 102: Harman International Industries Inc. - Overview
              • Exhibit 103: Harman International Industries Inc. - Product / Service
              • Exhibit 104: Harman International Industries Inc. - Key news
              • Exhibit 105: Harman International Industries Inc. - Key offerings
            • 10.8 K array
              • Exhibit 106: K array - Overview
              • Exhibit 107: K array - Product / Service
              • Exhibit 108: K array - Key offerings
            • 10.9 L-Acoustics
              • Exhibit 109: L-Acoustics - Overview
              • Exhibit 110: L-Acoustics - Product / Service
              • Exhibit 111: L-Acoustics - Key offerings
            • 10.10 Loud Audio LLC
              • Exhibit 112: Loud Audio LLC - Overview
              • Exhibit 113: Loud Audio LLC - Product / Service
              • Exhibit 114: Loud Audio LLC - Key offerings
            • 10.11 Sony Group Corp.
              • Exhibit 115: Sony Group Corp. - Overview
              • Exhibit 116: Sony Group Corp. - Business segments
              • Exhibit 117: Sony Group Corp. - Key news
              • Exhibit 118: Sony Group Corp. - Key offerings
              • Exhibit 119: Sony Group Corp. - Segment focus
            • 10.12 Yamaha Corp.
              • Exhibit 120: Yamaha Corp. - Overview
              • Exhibit 121: Yamaha Corp. - Business segments
              • Exhibit 122: Yamaha Corp. - Key news
              • Exhibit 123: Yamaha Corp. - Key offerings
              • Exhibit 124: Yamaha Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 125: Inclusions checklist
                • Exhibit 126: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 127: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 128: Research methodology
                • Exhibit 129: Validation techniques employed for market sizing
                • Exhibit 130: Information sources
              • 11.5 List of abbreviations
                • Exhibit 131: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your FREE sample now!
              The professional speaker market growth will increase by $543.74 million during 2022-2026.
              The professional speaker market is expected to grow at a CAGR of 4.36% during 2022-2026.
              Technavio has segmented the professional speaker market by type (Digital, Analog, Digital, and Analog) and geographic (North America, Europe, APAC, Middle East and Africa, and South America).
              Yamaha Corp., AEB Industriale Srl, B and C Speakers SpA, Biamp Systems LLC, Bose Corp., Bowers and Wilkins, Carlson Audio Systems, CELTO Acoustique Europe SRL, CODA Audio GmbH, d and b audiotechnik GmbH and Co. KG, Dynaudio AS, Extron , Harman International Industries Inc., K array, L-Acoustics, Loud Audio LLC, Meyer Sound Laboratories Inc., Nady Systems Inc., Renkus-Heinz Inc., Sony Group Corp. are a few of the key vendors in the professional speaker market.
              APAC will register the highest growth rate of 30.73% among the other regions. Therefore, the professional speaker market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the professional speaker market growth are:
              • New product launches
              • Demand for professional speakers in sporting arenas and stadiums
              The professional speaker market vendors should focus on grabbing business opportunities from the digital segment as it accounted for the largest market share in the base year.
              Safe and Secure SSL Encrypted
              Technavio

              Single User:

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Want to customize this report?

              This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

              We offer $1000 worth of FREE customization at the time of purchase
              Technavio
              Enquire Before Buying
              1. Home
              2. Communication Services
              3. Published Report
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>