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Speaker Market by Product Type ), Size, End Use and Sales Channel and Price: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 360 Pages
  • June 2020
  • Region: Global
  • Allied Market Research
  • ID: 5134099
Description Jump to:
The global speaker market size is expected to reach $233,274.5 million in 2027, from $39,576.5 million in 2019, growing at a CAGR of 30.5% from 2020 to 2027. Speakers are electroacoustic transducers, which convert audio signals into sound. Speakers receive audio through electric audio signals and converts it into sound waves, while enhancing volume and quality of the sound. The report considers smart speakers, portable speakers, home audio speakers, and true wireless stereo (TWS) hearables, which integrate latest technologies including virtual assistants, Bluetooth connectivity, integration of Wi-Fi, and portability. In addition, the latest speaker technologies employ high-end battery backup, waterproof properties, bass enhancement hardware, built-in amplifiers, utilization of recycled materials for manufacturing, and other such properties, which make them more desirable for both indoor and outdoor applications. Currently, major players in speaker the industry are inclined toward the development of new products complying to change in consumer demands, as well as to providing high quality audio output.

Virtual assistants have gained popularity since their introduction in smart phones in 2011. This has created a new genre of voice technologies, which has led to numerous opportunities for new products and services including smart speakers, earphones, and home audio devices. Virtual assistants mainly operate on artificial intelligence features such as voice recognition, natural language understanding, and text to speech, which allows user-friendly operation. Virtual assistance technology is continuously improving, as it considers customer use patterns and can perform thousands of tasks such as switching on and off lights, ordering online products, and searching for new music. Thus, development in artificial intelligence (AI) virtual assistants drives the demand for smart speakers, which, in turn, boosts the growth of the speaker market. Furthermore, portable speakers such as Bluetooth enabled speakers and true wireless stereo (TWS) are completely dependent on efficiency of the battery used inside them.

Typical portable speakers can perform for four to eight hours depending on the volume of audio played on the product and product use. However, with the latest advancements in battery technologies, high end portable speakers can last for over 24 hours. This boosts the demand for speakers in outdoor applications, which thereby, drives the growth of the speaker market. On the contrary, data privacy and security mainly in smart speakers and speakers with artificial intelligence technologies remains a major hurdle for market growth. The data collected and analyzed using voice recognition function can attract the threat of cyber-attacks, which also restrains the demand for speakers with these technologies.

However, implementation of smart speakers can turn out to be a boon in commercial applications such as offices, hospitals, emergency clinics, and others. Implementation of smart speakers in hospitals can provide support to patients, nurses, and doctors with real time communication ability with voice control. In addition, use of voice-controlled devices can enable office employees to plan tasks efficiently using personal assistants on speakers. These factors are likely to create lucrative opportunities for the growth of speaker market in the commercial sector.

The global speaker market is segmented into product type, size, end use, sales channel, price, and region. By product type, it is categorized into smart speakers, home audio speakers, portable speakers, and true wireless stereo (TWS). By size, it is classified into small, medium, and large. By end use, it is categorized into personal and commercial. By sales channel, it is bifurcated into online and offline. On the basis of price, the market is analyzed into price range of less than $50, $50 to $100, $100 to $200, and more than $200.

The global speaker market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific holds the largest market share during 2019 and is expected to grow at the fastest rate throughout the study period.

COMPETITION ANALYSIS

The key market players profiled in the report include 3nod Group, AAC Technologies Holdings Inc., Alphabet Inc., Amazon.com, Inc., Bose Corporation, Fortune Grand Technology Inc., Foster Electric Company, Limited, Guoguang Electric Company Limited, Koninklijke Philips N.V., Guangzhou Merry Audio Equipment Co. Ltd., Premium Sound Solutions, Samsung Electronics Co., Ltd., Sony Corporation, Tonly Electronics Holdings Limited, and Tymphany HK Limited. Many competitors in the speaker market adopted product launch as their key developmental strategy to expand their product portfolio. For instance, in October 2019, the company Alphabet Inc., through its brand Google launched Nest Mini product in its smart speaker portfolio. The speaker is supported by Google Assistant and provides powerful sound at a lower price. Similarly, in May 2020, the company Samsung Electronics, Co., Ltd., through its brand JBL launched the Flip 5 portable Bluetooth speaker which is manufactured using recycled plastic. It is delivered in bio-degradable eco-friendly packaging to promote sales of the product.

KEY BENEFITS FOR STAKEHOLDERS
  • The report provides an extensive analysis of the current and emerging global speaker market trends and dynamics.
  • In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive speaker market opportunity analysis of all the countries is also provided in the report.
  • The global speaker market forecast analysis from 2020 to 2027 is included in the report.
  • The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industry.

GLOBAL SPEAKER MARKET SEGMENTS

By PRODUCT TYPE
  • Smart speakers
  • Home audio speakers
  • Portable speakers
  • True wireless stereo (TWS)

By SIZE
  • Small
  • Medium
  • Large

By END USE
  • Personal
  • Commercial

By SALES CHANNEL
  • Online
  • Offline

By PRICE
  • Less than $50
  • $50 to $100
  • $100 to $200
  • More than $200

BY REGION
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • The UK
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS
  • 3nod Group
  • AAC Technologies Holdings Inc.
  • Alphabet Inc.
  • Amazon.com, Inc.
  • Bose Corporation
  • Fortune Grand Technology Inc.
  • Foster Electric Company Limited
  • Guoguang Electric Company Limited
  • Koninklijke Philips N.V.
  • Guangzhou Merry Audio Equipment Co. Ltd.
  • Premium Sound Solutions
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Tonly Electronics Holdings Limited
  • Tymphany HK Limited

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Key Market Players
1.5. Research Methodology
1.5.1. Primary Research
1.5.2. Secondary Research
1.5.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings of the Speaker Market:
2.2. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Development in Ai Virtual Assistant Technologies
3.4.1.2. Advancements in Battery Technologies
3.4.2. Restraints
3.4.2.1. Data Privacy and Security Concerns
3.4.3. Opportunity
3.4.3.1. Emergence of Smart Speakers in Commercial Applications
3.5. Cost Breakdown and Margin Analysis (%, $)
3.6. Speaker Testing Cost Breakdown Between Labor and Software (%)
3.7. Top Key Speaker Testing Software and Prices
3.8. Speaker Testing Software Market Share Analysis 2019 (%)
3.9. Cost Impact Analysis
3.10. Component Analysis
3.10.1. Smart Displays
3.10.1.1. Amazon
3.10.1.1.1. Echo Show 8
3.10.1.1.2. Echo Show 10
3.10.1.2. Google
3.10.1.2.1. Nest Hub Max
3.10.1.3. Facebook
3.10.1.3.1. Portal
3.10.1.3.2. Portal +
3.10.1.3.3. Portal Tv
3.10.2. Bluetooth Portal Speakers
3.10.2.1. Jbl
3.10.2.1.1. Jbl Charge 3
3.10.2.1.2. Jbl Charge 4
3.10.2.2. Ultimate Ears
3.10.2.2.1. Boom 3
3.10.2.3. Bose
3.10.2.3.1. Soundlink Mini
3.10.3. Virtual Reality Headsets
3.10.3.1. Oculus
3.10.3.1.1. Oculus Quest
3.10.3.1.2. Oculus Rift S
3.10.3.1.3. Oculus Go
3.10.3.2. Lenovo
3.10.3.2.1. Mirage Solo
3.10.3.3. Pico
3.10.3.3.1. Pico Goblin
3.10.3.3.2. Pico Neo
3.10.3.4. Xiaomi
3.10.3.4.1. Xiaomi Mi Vr
3.10.3.5. Htc
3.10.3.5.1. Vive Focus
3.10.4. Augmented Reality Headsets
3.10.4.1. Everysight
3.10.4.1.1. Raptor
3.10.4.2. Kopin
3.10.4.2.1. Solos
3.10.4.3. Vuzix
3.10.4.3.1. Blade
3.10.4.4. Thirdeye
3.10.4.4.1. X2
Chapter 4: Speaker Market, by Product Type
4.1. Market Overview
4.1.1. Market Size and Forecast, by Product Type
4.2. Smart Speakers
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Home Audio Speakers
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Portable Speakers
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
4.5. True Wireless Stereo
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Analysis, by Country
Chapter 5: Speaker Market, by Size
5.1. Market Overview
5.1.1. Market Size and Forecast, by Size
5.2. Small
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Medium
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Large
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
Chapter 6: Speaker Market, by End Use
6.1. Market Overview
6.1.1. Market Size and Forecast, by End Use
6.2. Personal
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Commercial
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
Chapter 7: Speaker Market, by Sales Channel
7.1. Market Overview
7.1.1. Market Size and Forecast, Sales Channel
7.2. Online
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Analysis, by Country
7.3. Offline
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Analysis, by Country
Chapter 8: Speaker Market, by Price Range
8.1. Market Overview
8.1.1. Market Size and Forecast, Price Range
8.2. Less Than $50
8.2.1. Key Market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Region
8.2.3. Market Analysis, by Country
8.3. $50 to $100
8.3.1. Key Market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Region
8.3.3. Market Analysis, by Country
8.4. $100 to $200
8.4.1. Key Market Trends, Growth Factors, and Opportunities
8.4.2. Market Size and Forecast, by Region
8.4.3. Market Analysis, by Country
8.5. Above $200
8.5.1. Key Market Trends, Growth Factors, and Opportunities
8.5.2. Market Size and Forecast, by Region
8.5.3. Market Analysis, by Country
Chapter 9: Speaker Market, by Region
9.1. Market Overview
9.1.1. Market Size and Forecast, by Region
9.2. North America
9.2.1. Key Market Trends, Growth Factors, and Opportunities
9.2.2. North America Market Size and Forecast, by Product Type
9.2.3. North America Market Size and Forecast, by Size
9.2.4. North America Market Size and Forecast, by End Use
9.2.5. North America Market Size and Forecast, by Sales Channel
9.2.6. North America Market Size and Forecast, by Price Range
9.2.7. North America Market Size and Forecast, by Country
9.2.7.1. U. S.
9.2.7.1.1. U. S. Market Size and Forecast, by Product Type
9.2.7.1.2. U. S. Market Size and Forecast, by Size
9.2.7.1.3. U. S. Market Size and Forecast, by End Use
9.2.7.1.4. U. S. Market Size and Forecast, by Sales Channel
9.2.7.1.5. U. S. Market Size and Forecast, by Price Range
9.2.7.2. Canada
9.2.7.2.1. Canada Market Size and Forecast, by Product Type
9.2.7.2.2. Canada Market Size and Forecast, by Size
9.2.7.2.3. Canada Market Size and Forecast, by End Use
9.2.7.2.4. Canada Market Size and Forecast, by Sales Channel
9.2.7.2.5. Canada Market Size and Forecast, by Price Range
9.2.7.3. Mexico
9.2.7.3.1. Mexico Market Size and Forecast, by Product Type
9.2.7.3.2. Mexico Market Size and Forecast, by Size
9.2.7.3.3. Mexico Market Size and Forecast, by End Use
9.2.7.3.4. Mexico Market Size and Forecast, by Sales Channel
9.2.7.3.5. Mexico Market Size and Forecast, by Price Range
9.3. Europe
9.3.1. Key Market Trends, Growth Factors, and Opportunities
9.3.2. Europe Market Size and Forecast, by Product Type
9.3.3. Europe Market Size and Forecast, by Size
9.3.4. Europe Market Size and Forecast, by End Use
9.3.5. Europe Market Size and Forecast, by Sales Channel
9.3.6. Europe Market Size and Forecast, by Price Range
9.3.7. Europe Market Size and Forecast, by Country
9.3.7.1. UK
9.3.7.1.1. UK Market Size and Forecast, by Product Type
9.3.7.1.2. UK Market Size and Forecast, by Size
9.3.7.1.3. UK Market Size and Forecast, by End Use
9.3.7.1.4. UK Market Size and Forecast, by Sales Channel
9.3.7.1.5. UK Market Size and Forecast, by Price Range
9.3.7.2. Germany
9.3.7.2.1. Germany Market Size and Forecast, by Product Type
9.3.7.2.2. Germany Market Size and Forecast, by Size
9.3.7.2.3. Germany Market Size and Forecast, by End Use
9.3.7.2.4. Germany Market Size and Forecast, by Sales Channel
9.3.7.2.5. Germany Market Size and Forecast, by Price Range
9.3.7.3. France
9.3.7.3.1. France Market Size and Forecast, by Product Type
9.3.7.3.2. France Market Size and Forecast, by Size
9.3.7.3.3. France Market Size and Forecast, by End Use
9.3.7.3.4. France Market Size and Forecast, by Sales Channel
9.3.7.3.5. France Market Size and Forecast, by Price Range
9.3.7.4. Rest of Europe
9.3.7.4.1. Rest of Europe Market Size and Forecast, by Product Type
9.3.7.4.2. Rest of Europe Market Size and Forecast, by Size
9.3.7.4.3. Rest of Europe Market Size and Forecast, by End Use
9.3.7.4.4. Rest of Europe Market Size and Forecast, by Sales Channel
9.3.7.4.5. Rest of Europe Market Size and Forecast, by Price Range
9.4. Asia-Pacific
9.4.1. Key Market Trends, Growth Factors, and Opportunities
9.4.2. Asia-Pacific Market Size and Forecast, by Product Type
9.4.3. Asia-Pacific Market Size and Forecast, by Size
9.4.4. Asia-Pacific Market Size and Forecast, by End Use
9.4.5. Asia-Pacific Market Size and Forecast, by Sales Channel
9.4.6. Asia-Pacific Market Size and Forecast, by Price Range
9.4.7. Asia-Pacific Market Size and Forecast, by Country
9.4.7.1. China
9.4.7.1.1. China Market Size and Forecast, by Product Type
9.4.7.1.2. China Market Size and Forecast, by Size
9.4.7.1.3. China Market Size and Forecast, by End Use
9.4.7.1.4. China Market Size and Forecast, by Sales Channel
9.4.7.1.5. China Market Size and Forecast, by Price Range
9.4.7.2. Japan
9.4.7.2.1. Japan Market Size and Forecast, by Product Type
9.4.7.2.2. Japan Market Size and Forecast, by Size
9.4.7.2.3. Japan Market Size and Forecast, by End Use
9.4.7.2.4. Japan Market Size and Forecast, by Sales Channel
9.4.7.2.5. Japan Market Size and Forecast, by Price Range
9.4.7.3. India
9.4.7.3.1. India Market Size and Forecast, by Product Type
9.4.7.3.2. India Market Size and Forecast, by Size
9.4.7.3.3. India Market Size and Forecast, by End Use
9.4.7.3.4. India Market Size and Forecast, by Sales Channel
9.4.7.3.5. India Market Size and Forecast, by Price Range
9.4.7.4. South Korea
9.4.7.4.1. South Korea Market Size and Forecast, by Product Type
9.4.7.4.2. South Korea Market Size and Forecast, by Size
9.4.7.4.3. South Korea Market Size and Forecast, by End Use
9.4.7.4.4. South Korea Market Size and Forecast, by Sales Channel
9.4.7.4.5. South Korea Market Size and Forecast, by Price Range
9.4.7.5. Rest of Asia-Pacific
9.4.7.5.1. Rest of Asia-Pacific Market Size and Forecast, by Product Type
9.4.7.5.2. Rest of Asia-Pacific Market Size and Forecast, by Size
9.4.7.5.3. Rest of Asia-Pacific Market Size and Forecast, by End Use
9.4.7.5.4. Rest of Asia-Pacific Market Size and Forecast, by Sales Channel
9.4.7.5.5. Rest of Asia-Pacific Market Size and Forecast, by Price Range
9.5. LAMEA
9.5.1. Key Market Trends, Growth Factors, and Opportunities
9.5.2. LAMEA Market Size and Forecast, by Product Type
9.5.3. LAMEA Market Size and Forecast, by Size
9.5.4. LAMEA Market Size and Forecast, by End Use
9.5.5. LAMEA Market Size and Forecast, by Sales Channel
9.5.6. LAMEA Market Size and Forecast, by Price Range
9.5.7. LAMEA Market Size and Forecast, by Country
9.5.7.1. Latin America
9.5.7.1.1. Latin America Market Size and Forecast, by Product Type
9.5.7.1.2. Latin America Market Size and Forecast, by Size
9.5.7.1.3. Latin America Market Size and Forecast, by End Use
9.5.7.1.4. Latin America Market Size and Forecast, by Sales Channel
9.5.7.1.5. Latin America Market Size and Forecast, by Price Range
9.5.7.2. Middle East
9.5.7.2.1. Middle East Market Size and Forecast, by Product Type
9.5.7.2.2. Middle East Market Size and Forecast, by Size
9.5.7.2.3. Middle East Market Size and Forecast, by End Use
9.5.7.2.4. Middle East Market Size and Forecast, by Sales Channel
9.5.7.2.5. Middle East Market Size and Forecast, by Price Range
9.5.7.3. Africa
9.5.7.3.1. Africa Market Size and Forecast, by Product Type
9.5.7.3.2. Africa Market Size and Forecast, by Size
9.5.7.3.3. Africa Market Size and Forecast, by End Use
9.5.7.3.4. Africa Market Size and Forecast, by Sales Channel
9.5.7.3.5. Africa Market Size and Forecast, by Price Range
Chapter 10: Competitive Landscape
10.1. Introduction
10.1.1. Market Player Positioning, 2019
10.2. Top Winning Strategies
10.2.1. Top Winning Strategies, by Year
10.2.2. Top Winning Strategies, by Development
10.2.3. Top Winning Strategies, by Company
10.3. Key Developments
10.3.1. Product Launch
10.3.2. Business Expansion
10.3.3. Acquisition
10.3.4. Partnership
10.3.5. Joint Venture
Chapter 11: Company Profiles
11.1. 3Nod Group
11.1.1. Company Overview
11.1.2. Key Executive
11.1.3. Company Snapshot
11.1.4. Product Portfolio
11.2. Aac Technologies Holdings Inc.
11.2.1. Company Overview
11.2.2. Key Executives
11.2.3. Company Snapshot
11.2.4. Operating Business Segments
11.2.5. Product Portfolio
11.2.6. R&D Expenditure
11.2.7. Business Performance
11.2.8. Key Strategic Moves and Developments
11.3. Alphabet Inc.
11.3.1. Company Overview
11.3.2. Key Executives
11.3.3. Company Snapshot
11.3.4. Operating Business Segments
11.3.5. Product Portfolio
11.3.6. R&D Expenditure
11.3.7. Business Performance
11.3.8. Key Strategic Moves and Developments
11.4. Amazon. Com, Inc.
11.4.1. Company Overview
11.4.2. Key Executives
11.4.3. Company Snapshot
11.4.4. Operating Business Segments
11.4.5. Product Portfolio
11.4.6. Business Performance
11.4.7. Key Strategic Moves and Developments
11.5. Bose Corporation
11.5.1. Company Overview
11.5.2. Key Executives
11.5.3. Company Snapshot
11.5.4. Product Portfolio
11.5.5. Key Strategic Moves and Developments
11.6. Fortune Grand Technology Inc.
11.6.1. Company Overview
11.6.2. Key Executive
11.6.3. Company Snapshot
11.6.4. Operating Product Categories
11.6.5. Product Portfolio
11.6.6. Key Strategic Moves and Developments
11.7. Foster Electric Company, Limited
11.7.1. Company Overview
11.7.2. Key Executives
11.7.3. Company Snapshot
11.7.4. Operating Business Segments
11.7.5. Product Portfolio
11.7.6. Business Performance
11.8. Guoguang Electric Company Limited (Ggec)
11.8.1. Company Overview
11.8.2. Key Executives
11.8.3. Company Snapshot
11.8.4. Operating Product Categories
11.8.5. Product Portfolio
11.9. Koninklijke Philips N. V.
11.9.1. Company Overview
11.9.2. Key Executives
11.9.3. Company Snapshot
11.9.4. Operating Business Segments
11.9.5. Product Portfolio
11.9.6. R&D Expenditure
11.9.7. Business Performance
11.9.8. Key Strategic Moves and Developments
11.10. Guangzhou Merry Audio Equipment Co. Ltd.
11.10.1. Company Overview
11.10.2. Company Snapshot
11.10.3. Product Portfolio
11.11. Premium Sound Solutions
11.11.1. Company Overview
11.11.2. Key Executives
11.11.3. Company Snapshot
11.11.4. Operating Product Category
11.11.5. Product Portfolio
11.12. Samsung Electronics Co. Ltd.
11.12.1. Company Overview
11.12.2. Key Executives
11.12.3. Company Snapshot
11.12.4. Operating Business Segments
11.12.5. Product Portfolio
11.12.6. R&D Expenditure
11.12.7. Business Performance
11.12.8. Key Strategic Moves and Developments
11.13. Sony Corporation
11.13.1. Company Overview
11.13.2. Key Executives
11.13.3. Company Snapshot
11.13.4. Operating Business Segments
11.13.5. Product Portfolio
11.13.6. R&D Expenditure
11.13.7. Business Performance
11.13.8. Key Strategic Moves and Developments
11.14. Tonly Electronics Holdings Limited
11.14.1. Company Overview
11.14.2. Key Executives
11.14.3. Company Snapshot
11.14.4. Product Portfolio
11.14.5. R&D Expenditure
11.14.6. Business Performance
11.15. Tymphany Hk Limited
11.15.1. Company Overview
11.15.2. Key Executives
11.15.3. Company Snapshot
11.15.4. Product Portfolio

Companies Mentioned

  • 3nod Group
  • AAC Technologies Holdings Inc
  • Alphabet Inc
  • Amazoncom Inc
  • Bose Corporation
  • Fortune Grand Technology Inc
  • Foster Electric Company
  • Limited
  • Guoguang Electric Company Limited
  • Koninklijke Philips NV
  • Guangzhou Merry Audio Equipment Co Ltd
  • Premium Sound Solutions
  • Samsung Electronics Co Ltd
  • Sony Corporation
  • Tonly Electronics Holdings Limited
  • Tymphany HK Limited

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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