Streaming Audio Services Market Evaluated by Parks Associates in Topical Research Report Now Available at MarketPublishers.com16 Oct 2015 • by Natalie Aster
LONDON – The market for audio equipment is seeing robust growth as an increasing number of consumers tend to adopt streaming audio. Around 66% of US broadband households use a streaming audio service. The market for streaming audio services is being driven by a set of drivers such as the ongoing shift to mobile and wireless networks; the ease of installation, setup, and relocation for wireless devices; increased affordability of high-fidelity audio, among others. However, the sector’s growth is being hindered by the investment in legacy products and long replacement cycles, as well as low-capacity broadband and device competition.
AT&T, Apple, Beats, Spotify, Bose, Bluetooth SIG, Google, Boss Audio, Deezer, Ericsson, ClearView, Google, Jawbone, NTNE, Pandora, Marantz, Rdio, Sonos, and Verizon are the leading companies involved in the market.
Topical market research study “Digital Audio for the Connected Consumer” created by Parks Associates offers an up-close, unbiased assessment of the implications for digital audio content and services access in the connected home and through connected consumer electronic devices.
The report reviews the advances in audio technology and compression that make streaming audio services feasible; licensing models for content and compensation models for content rights holders, as well as music artists’ response to these models; consumer uptake of streaming audio services; drivers and limiters of the market for streaming audio services; profiles of key streaming audio service providers; uptake and buying trends for connected consumer electronics devices in the streaming audio market space; insights into wireless streaming technologies such as Bluetooth, Wi-Fi, and proprietary networks; a review of novel developments in the hi-resolution audio movement and implications for device manufacturers; 5-year forecasts of total unit sales for soundbars, headphones, wireless speakers, and multi-room audio systems; by country and region, including North America, Western Europe, APAC, and RoW.
Digital Audio for the Connected Consumer
Published: July, 2015
Price: US$ 3,200.00
More reports by the publisher can be found at Parks Associates page.