According to IMARC Group’s latest report, titled “India Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited robust growth during 2015-2020. A soundbar, or media bar, represents a device or audio system used to produce stereo effects. It includes stereo analog inputs and outputs, infrared remote control, audio processing features for speaker equalization, wireless connectivity options, etc. Soundbars offer high and powerful audio quality and surround sound within a limited space, eliminating the requirement for multiple speakers or external wiring. They can also be connected to various devices, including televisions, PCs, laptops, music players, smartphones, etc. As a result, soundbars are extensively utilized across several industries, such as residential, entertainment, commercial, etc.
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The rising access to intuitive technologies and virtual assistants, particularly for the millennial population, is primarily fueling the demand for soundbars in India. Moreover, the emergence of numerous devices integrated with the Internet of Things (IoT) is further encouraging consumers to explore advanced consumer electronics, thereby contributing to the market growth. Additionally, elevating levels of digitization and the growing penetration of subscription-based media platforms, such as Netflix and Amazon Prime, are also propelling the product demand. Besides this, improving consumer living standards and increasing adoption of smart and automated entertainment systems are further anticipated to propel the market growth for soundbars in India in the coming years. Looking forward, the market is expected to witness strong growth during the forecast period (2021-2026).
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Breakup by Type:
Breakup by Installation Method:
Breakup by Connectivity:
Breakup by Application:
Breakup by Region:
West and Central India
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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