The GCC soundbar market is currently witnessing strong growth. A soundbar refers to a speaker that is used to produce sound from a special cabinet. Also known as a media or speaker bar, it consists of a slim unit containing multiple built-in speakers, which are specifically designed to improve the sound quality with minimal wiring. A soundbar can be mounted below or above a display device as it is manufactured in a horizontal design that enhances the acoustic experience. In the GCC region, soundbars have gained immense popularity as they are cost-effective and easier to set up than other conventional stereo sound systems.
The GCC soundbar market is primarily driven by the growing penetration of smart devices that can be connected to speakers to enhance the entertainment experience at home. Besides this, consumers in the GCC countries are becoming conscious of sound quality and are spending a substantial amount on entertainment systems. As a result, there has been a significant rise in the sales of soundbars across the region. Additionally, the emerging e-commerce industry is also catalyzing market growth as soundbars are readily available with attractive discounts via online platforms. Moreover, the growing integration of soundbars with TV or smart devices to enhance the listening experience of consumers and the rising number of smart homes are also providing significant thrust to the market. On account of these factors, the market is expected to continue its strong growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC soundbar market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, installation method, connectivity and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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