London, 17 March 2015 – TechNavio has published a new report on the Global Soundbar Market 2015-2019, which is expected to post a CAGR of 18.38 and 10.61 percent, in terms of volume and revenue, respectively, from 2014-2019.
The new TechNavio report draws attention towards wireless streaming of audio content via soundbars. Most soundbars come with wireless support like Bluetooth, Wi-Fi connectivity and near-field communication (NFC). Moreover, soundbars require less space and use minimal wiring, so the system does not look cluttered.
“The latest soundbars can connect to portable devices like MP3 players, smart phones, tablets and laptops, which offers an added benefit to the end-users,” says Faisal Ghaus, Vice President of TechNavio.
The TechNavio report also emphasizes the growing number of smart homes worldwide. Homes in developed nations are getting revamped into smart homes with more and more interconnected technology. Consumer electronic devices, media and entertainment gadgets and other smart electronics in a smart home are connected to the home network so they can easily interact with each other.
“The market for smart homes in developing countries is also growing as the spending capacity of consumers in these countries has improved.”
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
https://www.technavio.com/%3Cp%3E%3Cstrong%3EAbout%20TechNavio%3C/strong%…
