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India Soundbar Market Report by Type (Wall-Mounted, Tabletop, and Others), Installation Method (Active Soundbars, Passive Soundbars, and Others), Connectivity (Wi-Fi, Bluetooth, and Others), Application (Home Audio, Commercial, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3755
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Market Overview:
The India soundbar market size reached US$ 170.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 395.8 Million by 2032, exhibiting a growth rate (CAGR) of 9.5% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023 |
|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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| Market Size in 2023 | US$ 170.1 Million |
| Market Forecast in 2032 | US$ 395.8 Million |
| Market Growth Rate (2024-2032) | 9.5% |
A soundbar, or media bar, refers to a device or audio system that is used to produce stereo effects. It consists of stereo analog inputs and outputs, infrared remote control, wireless connectivity option, and audio processing features for speaker equalization. Soundbars offer powerful audio quality and surround sound with minimal space and eliminate the need for multiple speakers and external wiring. In India, the demand for soundbars has escalated as they can be connected to a wide range of devices, such as televisions, laptops, PCs, music players and smartphones. On account of this, they are extensively utilized across various industries, such as residential, commercial and entertainment.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The India soundbar market is primarily driven by the increasing access to intuitive technologies and virtual assistants backed by the growing disposable incomes of consumers. The emergence of the internet of things (IoT)-enabled devices has also encouraged consumers to focus on exploring advanced consumer electronics, which represents another factor strengthening the market growth. For instance, in September 2020, ZEB-Juke Bar 9700 Pro Dolby Atmos soundbar was launched by Zebronics in India with multiple connectivity options. Additionally, the rising penetration of subscription-based media platforms like Amazon Prime and Netflix has escalated the demand for soundbars. Furthermore, rapid digitalization, improving lifestyles, and growing awareness about smart and automated systems, are some of the factors that are providing a positive thrust to the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India soundbar market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type, installation method, connectivity and application.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Wall-Mounted
- Tabletop
- Others
Breakup by Installation Method:
- Active Soundbars
- Passive Soundbars
- Others
Breakup by Connectivity:
- Wi-Fi
- Bluetooth
- Others
Breakup by Application:
- Home Audio
- Commercial
- Others
Breakup by Region:
- North India
- West and Central India
- East India
- South India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Type, Installation Method, Connectivity, Application, Region |
| Region Covered | North India, West and Central India, East India, South India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The India soundbar market was valued at US$ 170.1 Million in 2023.
We expect the India soundbar market to exhibit a CAGR of 9.5% during 2024-2032.
The increasing demand for wireless streaming of audio content, along with the rising integration of soundbars with smart devices to enhance the listening experience of customers, is primarily driving the India soundbar market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for soundbars across the nation.
Based on the type, the India soundbar market has been divided into wall-mounted, tabletop, and others. Among these, tabletop currently exhibits a clear dominance in the market.
Based on the installation method, the India soundbar market can be categorized into active soundbars, passive soundbars, and others. Currently, passive soundbars account for the majority of the total market share.
Based on the connectivity, the India soundbar market has been segregated into Wi-Fi, Bluetooth, and others, where Bluetooth currently exhibits a clear dominance in the market.
Based on the application, the India soundbar market can be bifurcated into home audio, commercial, and others. Currently, home audio holds the largest market share.
On a regional level, the market has been classified into North India, West and Central India, East India, and South India.
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