Loudspeaker Market : Recent Industry Trends and Projected Industry Growth, 2017 - 2025
The rising disposable income coupled with the increasing spending on entertainment, especially in-home entertainment is providing a fillip to the global loudspeaker market. Consumers are spending hefty amounts to upgrade their home entertainment systems for better sound quality and experience. In addition, the growing penetration of downloadable music and online buffering sites is encouraging consumers to upgrade their music and sound systems. The expanding base of youth population, particularly in urban areas, is also working in favor of the market.
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