Providing market intelligence for more than 35 years

Entertainment

Explosive Growth in Audio Market, Consumer Usage Increase 130%

Parks Associates' digital music report, Evolution of Digital Music on Connected Devices, finds that since 2011, the number of consumers in U.S. broadband households listening to streaming audio services has grown 130%. This rapid growth can be attributed to the expansion of connected CE devices such as such as A/V receivers, all-in-one home theater systems, wireless speakers, speaker docks, speaker bars, multiroom digital music systems.

In this report, Parks Associates analysts outline the core technologies and trends within the digital music landscape, including those forces driving the growth of the audio market. Several companies are included in the research data, including Apple, Bluetooth, Pandora Media, Rhapsody, Rovi, Sony, and Texas Instruments, among others. The report also includes five-year forecasts on subscribers, revenue, and growth rate within the market space.

You can buy this report here.

More from Parks Associates

September 19, 2024

Next-Gen Scaling Connectivity for Multifamily Properties

Fast, secure, reliable connectivity is now an expectation at multifamily residences. Residents need...

Read More

August 20, 2024

Parks Associates Announces Cardinal Peak as Research Sponsor

Parks Associates Announces Cardinal Peak, an FPT Software Company, as Research Sponsor for CONNECTIO...

Read More

August 22, 2024

WireStar Networks Announces Sponsorship for SmartSpaces Conference 2024

WireStar Networks has announced they will be the breakfast sponsor for Parks Associates’ 2024 Smart...

Read More
Phone:
972-490-1113
Mailing Address:
Parks Associates 5080 Spectrum Drive, Suite 1000W Addison, TX 75001 USA
Expertise
Smart Home: Management and Safety Consumer Electronics Connected Health and Wellness Broadband Small-to-medium Business (SMB) Connected Health
Services
Research Services: Custom and Consulting Research Projects Streaming Video Tracker Security Tracker Smart Home Tracker
Events
CONNECTIONS™ CONNECTIONS™ Summit/CES Smart Energy Summit Connected Health Summit Future Of Video Smart Spaces Upcoming Industry Events
Resources
Press Releases Analyst Blog Parks in the News Connected Consumer Podcast 
About Us
Overview Team Contact Us
Store
View Your Cart

Follow Us to stay informed

© 2023-2024 Parks Associates. All Rights Reserved. Privacy Policy

Design & Developed By Agency Partner Interactive