How big is the Professional Audio Market?

The Professional Audio Market size is expected to reach USD 11.74 billion in 2024 and grow at a CAGR of 6.5% to reach USD 16.08 billion by 2029. Read More

What is the current Professional Audio Market size?

In 2024, the Professional Audio Market size is expected to reach USD 11.74 billion. Read More

Who are the key players in Professional Audio Market?

Bose Corporation, Sony Corporation, Panasonic Corporation, Samsung Electronics and Altec Lansing are the major companies operating in the Professional Audio Market. Read More

Which is the fastest growing region in Professional Audio Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Professional Audio Market?

In 2024, the North America accounts for the largest market share in Professional Audio Market. Read More

What years does this Professional Audio Market cover, and what was the market size in 2023?

In 2023, the Professional Audio Market size was estimated at USD 10.98 billion. The report covers the Professional Audio Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Professional Audio Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Professional AudioMarket Size & Share Analysis - Industry Research Report

Professional Audio Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Professional Audio Market is Segmented by Product (Loudspeakers, Power Amplifiers, Mixing Consoles, Microphones, Headphones), Type (Wired, Wireless), End-User Verticals (Corporate, Venues and Events, Retail, Media and Entertainment) and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Professional Audio Industry Overview

The global professional audio market is fragmented, with the presence of several players like Panasonic, Altec Lansing, Samsung Electronics (JBL, Harman), Creative Technology Ltd., etc. Since the market is heavily competitive, the market players constantly strive to adopt advanced technologies and innovate comprehensive products.

April 2023 - Pro audio & lighting brand 'ATI Pro' announced its plans to expand its horizons with an upcoming corporate in the heart of New Delhi. With an aim to be a one-stop solution for technologically advanced products, the company's forthcoming showroom would consist of multiple divisions under one roof. Spread across an area of 60000 sq. ft, the corporate space would include an elaborate showroom, exclusive demo rooms, an exports & imports department, a dedicated service center, a logistics division, and many more.
March 2023 - Sennheiser launched the Profile USB microphone, a cardioid condenser microphone that presents an easy and stylish solution for streaming and podcasting. It incorporates professional sound with direct accessibility of all functions, allowing podcasters, streamers, and gamers to focus on their content. The side-address microphone is a table stand version at an MRP 10900, and the Profile Streaming Set with a 3-point self-locking boom arm.