The market is segmented by type (smart speakers, home theater systems, and sound bars), distribution channel (offline and online), and geography ( North America, Europe, APAC, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the home audio equipment market, including Alphabet Inc., Inc., Apple Inc., Bose Corp., Boston Acoustics Inc., Dolby Laboratories Inc., Edifier International Ltd., HP Inc., JVCKENWOOD Corp., Koninklijke Philips NV, LG Corp., Masimo Corp., Panasonic Holdings Corp., Samsung Electronics Co. However, factors such as the availability of counterfeit products may impede market growth. The rapid adoption of home audio equipment is notably driving the home audio equipment market. In addition, the growth momentum of the market will progress at a CAGR of 11.33% during the forecast period, according to Technavio. 17, 2023 /PRNewswire/ - The home audio equipment marketsize is expected to grow by USD 15.49 billion from 2022 to 2027.
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