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Global Soundbar Market: Factors Helping to Maintain Strong Position Globally 2020-2026

More Information @ https://bit.ly/2YmPCZ6 <br>Recently, rapid increase in smart TVs sales and the easy accessibility of online streaming content like web series, music, and movies is being observed. Customers are increasingly favoring technically advanced soundbars having specific features like easy connectivity with Bluetooth and Wi-Fi. In addition to this, customer are also favoring features like a longer battery life and in-built voice assistant. <br>

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Global Soundbar Market: Factors Helping to Maintain Strong Position Globally 2020-2026

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  1. Global Soundbar Market: Factors Helping to Maintain Strong Position Globally 2020-2026

  2. Industry Overview • Accordingly, to Global Market Insights research report The soundbar market landscape is poised to accumulate appreciative gains in the coming years owing to the shifting customer preferences towards the adoption of IoT-enabled soundbars. The incorporation of voice assistants coming with the device gives customers a hands-free experience for the operation of the soundbar, which is influencing product demand. • Recently, rapid increase in smart TVs sales and the easy accessibility of online streaming content like web series, music, and movies is being observed. Customers are increasingly favoring technically advanced soundbars having specific features like easy connectivity with Bluetooth and Wi-Fi. In addition to this, customer are also favoring features like a longer battery life and in-built voice assistant. • According to research report by Global Market Insights, Inc., soundbar market is likely to exceed $6.5 billion by 2026.

  3. Continue… • Features like built-in voice assistant and wireless connectivity are proliferating the sales of the soundbar among customers. The demand for 5.1 channel soundbars is projected to increase over the projected time period. This growth is ascribed to the rising home theatres trend, which has led to a rise in the requirement for an effective audio system that is capable of facilitating an improved audio experience. • Furthermore, the 7.1 soundbars are likely to foresee a growth of more than 7% CAGR during the projected time period owing to consumer preference shifting towards sound equipment that boast of top-quality cinematic audio capabilities in home settings. These soundbars are enabled with features such as wireless connectivity, Dolby Atmos with HD surround sound, hands-free experience and built-in voice based assistant. These 7.1 soundbars offer a cinematic audio experience and also boosts the experience of home-entertainment for audiophile consumers. • The online distribution channel is likely to witness a high adoption because of the growing consumer behavior towards browsing e-commerce websites. Some of the chief marketing strategies adopted by industry players to drive the sales includes online advertising, webinar, email, social media, online/groups conferences, social media, publications, and web search.

  4. Browse Full Market Research Report Of @ https://bit.ly/2YmPCZ6 Request for a Sample of this Research report @ https://bit.ly/3f4BJVg

  5. Growth Drivers • Advent of smart homes and increased adoption of IoT devices • Growing trend of subscription-based streaming services such as Netflix and Amazon Prime • Increased adoption of smart TVs in Asia Pacific • Growing popularity of voice assistant based soundbars in North America • Demand for enhanced home theater experience in Europe

  6. Continue… • The prominent industry players in the market include VIZIO Inc, Pioneer Corporation, Polk Audio, TCL Corporation LG Electronics Inc., Plantronics, Inc., Bose Corporation, Toshiba Corporation, Sennheiser Electronic GmbH & Co. KG, Onkyo Corporation, Samsung Electronics Co., Ltd., Yamaha Corporation, Sentry Industries, Inc., Blaupunkt GmbH, Sharp Corporation, and Sony Corporation among others.

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