Loudspeaker Market To Boost Industry Growth At USD 8.48 Billion By 2025 : Grand View Research Inc.
San Francisco, 17 April 2019: The Report Loudspeaker Market Analysis By Type (Satellite/subwoofer, Soundbar, Subwoofer, In-wall, Outdoor, Multimedia), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2018 – 2025 The global Loudspeaker Market is estimated to reach USD 8.48 billion by 2025, according to a new report by Grand View Research, Inc. Increasing middle class population and rising disposable income is expected to propel industry growth. Rising in-home entertainment, decreasing sound quality of the television owing to reduction in size and growing entertainment spending is anticipated to boost industry over the forecast period. Technological advancements in design, sound quality, size and power, and new product introduction are anticipated to drive demand over the next seven years. The increasing popularity of wireless streaming of audio content among consumer is also expected to boost demand over the forecast period. Ac