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Active Speaker Market Share

Report ID: GMI8719
Published Date: Mar 2024
Report Format: PDF

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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

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of active speaker crossed USD 12 billion in 2023 and is set to reach over USD 81 billion in 2032, led by the growing popularity of wireless and Bluetooth-enabled active speakers.

The household application segment accounted for over 59% of the market share in 2023, due to the growing popularity of smart homes and connected devices.

The Digital Signal Processing (DSP) technology segment is estimated to register over 23% CAGR from 2024 to 2032, as they provide consumers with superior sound quality and customization options by precisely controlling various audio parameters.

North America held over 34% in the active speaker market share in 2023, owing to rising disposable income and the strong popularity of streaming services.