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Speakers - Austria
AustriaXMI_MARKET_INSIGHTS_HIGHLIGHTS
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In-Scope/Out-of-scope
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- In Austria, the revenue in the Speakers market is projected to reach US$200.8m in 2025.
- It is anticipated that the market will experience an annual growth rate of 5.31% (CAGR 2025-2029).
- When compared globally, China generates the highest revenue in the Speakers market, amounting to US$13.3bn in 2025.
- In terms of per capita figures, in Austria generates US$22.06 in revenue per person in 2025.
- Looking ahead, the volume in the Speakers market is expected to reach 1.9m pieces by 2029.
- Additionally, there is a projected volume growth of 7.4% in 2026.
- The average volume per person in the Austrian Speakers market is estimated to be 0.2pieces in 2025.
- The demand for high-quality speakers in Austria has seen a significant increase, driven by the country's appreciation for music and sound excellence.
- XMO_HIGHLIGHTS_PROMOTED_REGIONS
- Brazil,
- Europe,
- Canada,
- India,
- United Kingdom
Definition:
Speakers are devices that convert electrical signals into sound waves. Stereo speakers are typically used for music listening, home theater systems, and computer audio, among other applications. The two speakers in a stereo system are placed in different locations to create a sense of spatial separation and create a more immersive listening experience. Smart speakers are a type of speaker that are connected to the internet and can be controlled using voice commands. They usually have built-in virtual assistants, such as Amazon Alexa or Google Assistant, that can be used to play music, control smart home devices, set reminders, and perform other tasks.
Additional information:
The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies such as Bose, Sennheiser, and Bang & Olufsen. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Loudspeakers and sound systems
- Smart speakers
Out-Of-Scope
- Devices incorporating speakers, but with the other primary function (e.g., television sets)
- Smart displays (smart speakers with a touchscreen)
