Bluetooth and Multiroom are Still Trending

Bluetooth and Multiroom are Still Trending

Foto: Dražen Tomić/Tomich Productions

According to GfK's findings, published during the IFA show in Berlin, positive music experiences are becoming increasingly important to consumers. The demand for suitable products has been increasing accordingly, which is giving the industry a further boost. Manufacturers are responding with new multiroom and streaming solutions for the home and wireless solutions for outside.

For 2017, global sales of 368 million units are expected in the headphones and mobile stereo headsets segment. This corresponds to an increase of four percent compared with the previous year. GfK expects stronger growth of ten percent in global sales value. That is mostly due to the trend towards higher price segments. Expected global revenue will therefore be about €8.8 billion for 2017.

In Western Europe, Bluetooth technology continues to contribute strongly to growth: about 15 percent of the headphones and mobile stereo headsets sold in the first half of 2017 were Bluetooth-enabled. The Bluetooth share was thereby almost twice as high compared to in the same period the previous year. In-ear models made particularly large gains, as did headbands. There is also increasing demand for true wireless devices, devices with active noise cancelling and those specially designed for sports activities.

Portable Bluetooth speakers are also still popular with consumers. These small loudspeakers are now not only available in different shapes and colors, but also with new functions like shock-proof or water-resistant. GfK predicts sales volume of 15 million items in Western Europe for all of 2017 with growth of 14 percent. Revenue of €1.3 billion is expected (up eleven percent). In the aftermarket for in-car electronics, devices with a Bluetooth interface and devices that have Apple CarPlay or Android Auto are enjoying increasing popularity.

The sales of streaming-enabled audio devices increased by four percent in Europe in the first half of 2017 to two million units. Revenue for the same period was €480 million, slightly less than during the same period of the previous year. Soundbars also experienced a slight decline in the first half of the year. After years of growth this market has generated a revenue of €369 million in Europe.

The market for smart multiroom-enabled systems in Europe grew again by 14 percent to reach 1.5 million items sold. Because there was more demand for higher priced products, revenue increased even more (up 14.4 percent) and reached €582 million. Multiroom-enabled soundbars and receivers in particular contributed to this growth. Smart soundbars and bases thus increased in revenue by 35 percent and reached a volume of €174 million. Smart receivers were even able to achieve an increase of 67 percent.

Digital radios are enjoying increasing popularity. In the European countries relevant for the sale of digital radios (Belgium, Denmark, Germany, France, Great Britain, Italy, Netherlands, Norway, Poland, Sweden, Switzerland, Spain and Australia), a total of 1.9 million radio receivers with DAB/DAB+ function were sold between January and June 2017. Compared to the first half of 2016, that corresponds to growth of nine percent.

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