Hi-Fi System Market Forecast 2020 – 2027 – Top Key Players Analysis

1. Hi-Fi System Market Hi-Fi System Market By System (Product and Device), By Connectivity Technology (Wired and Wireless), By Application (Residential, Automotive, Commercial, and Others), and By Region – Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

2. GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study. List of Significant Manufacturers in the Hi-Fi System Market include: •Samsung Electronics Co., Ltd. •Sony Corporation •Apple Inc. •Bose Corporation •Sennheiser Electronic GmbH & Co. KG •LG Electronics, Panasonic Corporation •Dei Holdings, Inc. •Yamaha Corporation •Koninklijke Philips N.V. Hi-Fi System Market Drivers and Restraints: The significant factors responsible for the growth of the global Hi-Fi system market include the rising demand for portable devices and the growing requirement for infotainment services. The increasing demand for portable devices such as smartphones, tablets, and laptops are fuelling the growth of wireless audio products in the Hi-Fi system. Moreover, the rapid technological advancement in the Hi-Fi systems, such as integration of AI and machine learning, is promoting the consumers towards the adoption of Hi-Fi systems. The drastic increase in GDP across the developing countries, coupled with the rising per capita income in India, China, and Japan, and increasing penetration of the internet worldwide, will positively impact on the market during the upcoming years. On the other edge of the spectrum, the growing number of problems, the wireless Hi-Fi system, along with health issues regarding the use of audio devices for a longer time, will hinder the growth of the market. Segmentation: Hi-Fi System Market 2

3. Hi-Fi System Market: By System •Product oSpeaker & Soundbar o CD Player o DVD Player o Blu-Ray Player o Network Media Player o Turntable o Headphone & Earphone o Microphone •Device o DAC (Digital-To-Analog Converter) o Amplifier o Preamplifier o Receiver Hi-Fi System Market: By Connectivity Technology •Wired o Ethernet Cable o Audio Cable •Wireless o Bluetooth o Wi-Fi o Airplay o Others Hi-Fi System Market: By Application •Residential •Automotive •Commercial •Others Hi-Fi System Market: By Region •North America 3

4. oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. 4

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