Home Audio Equipment Market, By Product (Home Theater in-a-Box (5.1 Channels 6.1 Channels, 7.1 Channels and 9.1 Channels), Home Audio Systems, Home Radios and Other Home Audio Accessories) and by Region (North America, Europe, Asia Pacific, ROW) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Major companies are focused on product launches, in order to enhance the market presence. For instance, in September 2019, DTS Inc. introduced Sound Unbound to deliver next-level audio solutions.
Key market players are involved in product launches, in order to gain a competitive edge in the market. For instance, in October 2018, Bose Corporation introduced new range of smart audio products including Bose Home Speaker, Bose Soundbar 700, and Soundbar 500.