Wireless products on the up as home audio market strengthens

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We've seen the launch of enough new wireless products to suggest that it's one part of the market that's on the rise in 2014, but the latest figures from Futuresource Consulting have now shown how important that growth has been to the sector.

Wireless products have played a crucial role in ensuring the home audio market goes from strength to strength, with the share of wireless products increasing from 74 per cent for Q4 2013 to 79 per cent in Q1 2014.

Overall sales figures, after a strong holiday season in Q4 2013, showed this sector of the market – Integrated Audio Systems, wireless speakers and soundbars – decreased just 10 per cent in the first quarter of 2014, which is considered a solid performance compared to the peak holiday season.

Futuresource has published the latest quarterly figures as part of its ongoing Home Audio Tracker study, which examines the primary trends and "performance characteristics" for the most recent three-month period and ahead until 2018.

Pete Hayman

Pete was content editor on What Hi-Fi?, overseeing production and publication of digital content. In creating and curating feature articles for web and print consumption, he provided digital and editorial expertise and support to help reposition What Hi-Fi? as a ‘digital-first’ title; reflecting the contemporary media trends. He is now a senior content strategist.