How big is the market?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Which segment accounted for the largest market share?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Who are the key players in the market?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

What are the factors driving the market?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Global Networked Audio Products Market 2017-2021

Q: How big is the market?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Q: Which segment accounted for the largest market share?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Q: Who are the key players in the market?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Q: What are the factors driving the market?

. <a href='https://www.technavio.com/report/global-networked-audio-product-market'>Read More</a>

Published: Aug 2017
Pages: 106
SKU: IRTNTR14595

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version!

Overview of the global networked audio products market

Research analysis on the global networked audio products market identifies that the rise in the number of smart homes will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 17% by 2021. Many homes in developed countries, such as the US and the UK, are renovated to smart homes. A smart home consists of smart electronics, consumer electronic devices, and media and entertainment gadgets that are connected to the home network with the ability to interact among each other. Moreover, the need for smart homes is driven by the demand for energy conservation, convenience, and connectivity among home devices. In addition, government initiatives are also supporting smart homes for a better living driving the growth of smart homes. Networked audio devices facilitate the communication between networked devices using the home network and provide easy streaming of content, such as videos and music. The smart homes market is widely developed across numerous developed countries and is likely to grow in popularity in developing countries in the forthcoming years. This will lead to the growth of the networked audio products market globally.

In terms of geographic regions, APAC will be the major revenue contributor to the networked audio products market by the end of the predicted period. The growth of the market in this region mainly attributes to factors such as the increase in disposable income and the presence of major region-based vendors such as Pioneer, Samsung Electronics, and Yamaha.