Market Overview:
The United States soundbar market size reached US$ 1,180.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,190.0 Million by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 1,180.3 Million |
Market Forecast in 2032
|
US$ 2,190.0 Million |
Market Growth Rate 2024-2032 |
6.9% |
A soundbar, also known as a media bar or speaker bar, is a single cabinet speaker that produces the stereo effect. It is made up of various components such as stereo analog inputs and output and infrared remote control and offers wireless connectivity options and audio processing features. Soundbars simulate the surround sound effects using a virtualization technique, which involves the cross-mixing/matrix of the multi-channel sound information. It has evolved from a singular, rectangular-shaped speaker with only two channels to high-performance multi-channel surround soundbar systems. In the United States, with the adoption of flatscreen displays, particularly televisions, the usage of soundbar has increased steadily.
The United States soundbar market is primarily driven by rapid digitalization and the shift toward smart devices like laptops, smart TVs, and smartphones. The growing popularity of subscription-based media platforms like Amazon Prime, Disney+ and Netflix, which provide seamless streaming on portable devices, is also propelling the market growth. Additionally, with technological innovations, such as the introduction of 4K and 8K television technologies, the demand for soundbars has escalated across the region. Furthermore, the high internet connectivity and the integration of soundbars with voice assistants like Alexa and Google assistant are also positively impacting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States soundbar market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type, installation method, connectivity and application.
Breakup by Type:
- Wall-Mounted
- Table-Top
- Others
Breakup by Installation Method:
- Active Soundbar
- Passive Soundbar
- Others
Breakup by Connectivity:
Breakup by Application:
- Home Audio
- Commercial
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Type, Installation Method, Connectivity, Application, Region |
Region Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States soundbar market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States soundbar market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the installation method?
- What is the breakup of the market based on the connectivity?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States soundbar market and who are the key players?
- What is the degree of competition in the industry?