Active Speaker Market Size - By Type (Wired, Wireless), By Technology (Analog Active Speakers, Digital Signal Processing [DSP]), By Distribution Channel (Online, Electronics Stores, Audio Retailers, Brand Outlets), By Application & Forecast, 2024 - 2032

Active Speaker Market Size

Active Speaker Market size was valued at USD 12 billion in 2023 and is estimated to register at a CAGR of over 22% between 2024 and 2032. An active speaker is a type of audio system that includes built-in amplification and signal processing capabilities. Unlike passive speakers, which require an external amplifier, active speakers have these components integrated directly into the speaker enclosure. This design allows for greater control over sound quality and simplifies the setup by eliminating the need for separate amplifier units.
 

The growing popularity of wireless and Bluetooth-enabled active speakers is driving the active speaker market as consumers seek more convenient and flexible audio solutions. These speakers provide hassle-free connectivity, allowing users to stream music from their devices without the use of cables. This trend is consistent with the growing demand for seamless integration and ease of use in modern audio systems. For instance, in December 2023, U&I introduced four budget-friendly wireless speakers, targeting individuals seeking economical entertainment options. The Budget Series encompasses highly versatile wireless speakers suitable for personal enjoyment, intimate gatherings, or while on the move. This collection caters to a variety of preferences including karaoke enthusiasts looking to host singing competitions at home.
 

As automotive manufacturers incorporate more advanced infotainment systems into their vehicles, there is a growing demand for premium audio solutions. Active speaker systems provide superior sound quality and spatial optimization, aligning with the automotive industry's goal of improving the in-car entertainment experience, thereby fueling adoption in this sector.
 

Saturation and intense rivalry in the active speaker market hinder growth by reducing profit margins and limiting differentiation. With many manufacturers offering similar products, it becomes difficult for businesses to stand out and gain market share. Furthermore, price wars may ensue, reducing profitability and possibly risking product quality and innovation efforts.
 

Active Speaker Market Trends

Several notable trends are reshaping the active speaker industry landscape. The demand for wireless and Bluetooth-enabled speakers is influenced by consumer preferences for convenience and flexibility. There is a growing emphasis on smart home integration, with active speakers that support voice control becoming increasingly popular. Another significant trend is the increasing use of active speakers in commercial settings, such as restaurants, retail stores, and corporate offices, where high-quality audio is required to create immersive environments.
 

For instance, in February 2023, Deezer announced a long-term partnership with Sonos to power the brand's streaming radio service, Sonos Radio, and its subscription service, Sonos Radio HD, delivering an expansive catalog of music curated for customers. The collaboration aligns with Deezer's strategy of focusing on partnership-led expansion to deliver growth opportunities in the U.S. and other markets globally.
 

Technological advancements in audio processing and design are resulting in the development of smaller and more energy-efficient speaker solutions. The trend toward sustainability is influencing product development, with manufacturers emphasizing environment-friendly materials and energy-efficient manufacturing processes.
 

Active Speaker Market Analysis

Based on the application, the market is divided into household and commercial. The household segment accounted for a market share of over 59% in 2023.
 

• The growing popularity of smart homes and connected devices is fueling the demand for active speakers that include voice assistants and are compatible with smart home systems. Consumers want audio solutions that integrate seamlessly into their existing smart home ecosystems, increasing convenience and control.
   
• Home entertainment systems are gaining popularity, fueled by the increasing number of streaming services and high-quality audio content, which is driving demand for premium active speaker configurations. Furthermore, as consumers value audio quality and immersive experiences in their homes, they are willing to invest in active speaker systems that provide superior sound performance and versatility.
   

Based on technology, the active speaker market is segmented into Analog Active Speakers and Digital Signal Processing (DSP). The Digital Signal Processing (DSP) segment is estimated to grow at over 23% CAGR during the forecast period.
 

• DSP technology is poised for significant growth within the market due to its ability to enhance audio performance and functionality. DSP allows manufacturers to provide consumers with superior sound quality and customization options by precisely controlling various audio parameters such as equalization, compression, and spatial processing. As the demand for immersive audio experiences surges in both consumer and professional settings, DSP technology adoption is expected to rise.
   
• Advancements in DSP algorithms and hardware enable easier and more cost-effective integration into active speaker systems. The rise of smart speakers and the Internet of Things (IoT) devices increases the demand for DSP to support features such as voice recognition, room calibration, and adaptive audio processing.
   

North America held a significant share of over 34% in the global active speaker market in 2023. Rising disposable income and the popularity of streaming services are boosting consumer spending on home entertainment systems, increasing the demand for high-quality audio products. The strong presence of key market players and technological innovation in the region further contribute to market growth. The growing smart home integration and demand for wireless audio solutions are bolstering the market in North America.
 

Active Speaker Market Share

Harman International Industries and Bose Corporation holds a significant share of over 10% in the active speaker industry. Harman International Industries, a subsidiary of Samsung Electronics offers a diverse range of audio products under brands such as JBL and Harman Kardon. Its portfolio includes wireless speakers, smart speakers, and premium sound systems catering to various consumer and professional needs.
 

Major players, such as Bose Corporation, Sonos, Yamaha, Klipsch Audio Technologies, and Harman International Industries, Incorporated, are constantly implementing strategic measures, such as geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches, to gain market share.
 

Active Speaker Market Companies

Major companies operating in the active speaker industry are:

• Audioengine
• Beijing Edifier Technology Company, Ltd.
• Bose Corporation
• Creative Technology Ltd.
• Georg Neumann GmbH
• Harman International Industries, Incorporated
• Highland Technologies
• Klipsch Audio Technologies
• KRK Systems, Inc.
• Logitech International S.A.
• Mackie Thump
• Pyle Audio
• Rockville
• Sonos  
• Sony Group Corporation
• Ultimate Ears
• Yamaha
   

Active Speaker Industry News

• In August 2023, Creative Technology announced a strategic partnership with xMEMS Labs, bringing in a new era of audio excellence for users worldwide by incorporating xMEMS' cutting-edge Micro-electro-mechanical System (MEMS) solid-state speaker technology into Creative's True Wireless Stereo (TWS) products. xMEMS technology is a breakthrough in the audio industry, bringing unparalleled sound quality and efficiency to audio devices.
   
• In July 2022, Neumann.Berlin partnered with Merging Technologies, a Swiss company. Sennheiser took over the shares of Merging Technologies entirely. With this step, Neumann.Berlin enlarged its range of high-quality audio solutions.
   

The active speaker market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:

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Market, By Type

• Wired
• Wireless

Market, By Technology

• Analog active speakers
• Digital Signal Processing (DSP)

Market, By Distribution Channel

• Online
• Electronics stores
• Audio retailers
• Brand outlets

Market, By Application

• Household
  • Smart homes
  • TVs
  • Computers
  • Music players
• Commercial
  • Retail stores
  • Restaurants & bars
  • Conference rooms
  • Public transportation

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA