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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

GCC Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

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).

Key Market Segmentation:

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.

Breakup by Type:

  • Wall-Mounted
  • Tabletop
  • Others
     

Breakup by Installation Method:

  • Active Soundbar
  • Passive Soundbar
  • Others
     

Breakup by Connectivity:

  • Wi-Fi
  • Bluetooth
  • Others
     

Breakup by Application:

  • Home Audio
  • Commercial
  • Others
     

Breakup by Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the GCC soundbar market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the GCC 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 GCC soundbar market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    GCC Soundbar Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Wall-Mounted
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Table-Top
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Installation Method
    7.1    Active Soundbars
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Passive Soundbars
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Connectivity
    8.1    Wi-Fi
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Bluetooth
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    Home Audio
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Country
    10.1    Saudi Arabia
        10.1.1 Market Trends
        10.1.2 Market Breakup by Type
        10.1.3 Market Breakup by Installation Method
        10.1.4 Market Breakup by Connectivity
        10.1.5 Market Breakup by Application
        10.1.6 Market Forecast
    10.2    UAE
        10.2.1 Market Trends
        10.2.2 Market Breakup by Type
        10.2.3 Market Breakup by Installation Method
        10.2.4 Market Breakup by Connectivity
        10.2.5 Market Breakup by Application
        10.2.6 Market Forecast
    10.3    Qatar
        10.3.1 Market Trends
        10.3.2 Market Breakup by Type
        10.3.3 Market Breakup by Installation Method
        10.3.4 Market Breakup by Connectivity
        10.3.5 Market Breakup by Application
        10.3.6 Market Forecast
    10.4    Oman
        10.4.1 Market Trends
        10.4.2 Market Breakup by Type
        10.4.3 Market Breakup by Installation Method
        10.4.4 Market Breakup by Connectivity
        10.4.5 Market Breakup by Application
        10.4.6 Market Forecast
    10.5    Kuwait
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Bahrain
        10.6.1 Market Trends
        10.6.2 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: GCC: Soundbar Market: Major Drivers and Challenges
Figure 2: GCC: Soundbar Market: Sales Value (in Million US$), 2015-2020
Figure 3: GCC: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: GCC: Soundbar Market: Breakup by Type (in %), 2020
Figure 5: GCC: Soundbar Market: Breakup by Installation Method (in %), 2020
Figure 6: GCC: Soundbar Market: Breakup by Connectivity (in %), 2020
Figure 7: GCC: Soundbar Market: Breakup by Application (in %), 2020
Figure 8: GCC: Soundbar Market: Breakup by Country (in %), 2020
Figure 9: GCC: Soundbar (Wall-Mounted) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: GCC: Soundbar (Wall-Mounted) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: GCC: Soundbar (Table-Top) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: GCC: Soundbar (Table-Top) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: GCC: Soundbar (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: GCC: Soundbar (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: GCC: Soundbar (Active Soundbars) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: GCC: Soundbar (Active Soundbars) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: GCC: Soundbar (Passive Soundbars) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: GCC: Soundbar (Passive Soundbars) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: GCC: Soundbar (Other Installation Methods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: GCC: Soundbar (Other Installation Methods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: GCC: Soundbar (Wi-Fi) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: GCC: Soundbar (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: GCC: Soundbar (Bluetooth) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: GCC: Soundbar (Bluetooth) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: GCC: Soundbar (Other Connectivity) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: GCC: Soundbar (Other Connectivity) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: GCC: Soundbar (Home Audio) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: GCC: Soundbar (Home Audio) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: GCC: Soundbar (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: GCC: Soundbar (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: GCC: Soundbar (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: GCC: Soundbar (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Saudi Arabia: Soundbar Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Saudi Arabia: Soundbar Market: Breakup by Type (in %), 2020
Figure 35: Saudi Arabia: Soundbar Market: Breakup by Installation Method (in %), 2020
Figure 36: Saudi Arabia: Soundbar Market: Breakup by Connectivity (in %), 2020
Figure 37: Saudi Arabia: Soundbar Market: Breakup by Application (in %), 2020
Figure 38: Saudi Arabia: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: UAE: Soundbar Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: UAE: Soundbar Market: Breakup by Type (in %), 2020
Figure 41: UAE: Soundbar Market: Breakup by Installation Method (in %), 2020
Figure 42: UAE: Soundbar Market: Breakup by Connectivity (in %), 2020
Figure 43: UAE: Soundbar Market: Breakup by Application (in %), 2020
Figure 44: UAE: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Qatar: Soundbar Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Qatar: Soundbar Market: Breakup by Type (in %), 2020
Figure 47: Qatar: Soundbar Market: Breakup by Installation Method (in %), 2020
Figure 48: Qatar: Soundbar Market: Breakup by Connectivity (in %), 2020
Figure 49: Qatar: Soundbar Market: Breakup by Application (in %), 2020
Figure 50: Qatar: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Oman: Soundbar Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Oman: Soundbar Market: Breakup by Type (in %), 2020
Figure 53: Oman: Soundbar Market: Breakup by Installation Method (in %), 2020
Figure 54: Oman: Soundbar Market: Breakup by Connectivity (in %), 2020
Figure 55: Oman: Soundbar Market: Breakup by Application (in %), 2020
Figure 56: Oman: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Kuwait: Soundbar Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Kuwait: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Bahrain: Soundbar Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Bahrain: Soundbar Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: GCC: Soundbar Industry: SWOT Analysis
Figure 62: GCC: Soundbar Industry: Value Chain Analysis
Figure 63: GCC: Soundbar Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Soundbar Market: Key Industry Highlights, 2020 and 2026
Table 2: GCC: Soundbar Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: GCC: Soundbar Market Forecast: Breakup by Installation Method (in Million US$), 2021-2026
Table 4: GCC: Soundbar Market Forecast: Breakup by Connectivity (in Million US$), 2021-2026
Table 5: GCC: Soundbar Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: GCC: Soundbar Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 7: GCC: Soundbar Market: Competitive Structure
Table 8: GCC: Soundbar Market: Key Players

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