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DUBLIN--(BUSINESS WIRE)--The '3D Audio - Global Market Trajectory & Analytics' report has been added to ResearchAndMarkets.com's offering.
The Dolby Atmos Cinema Processor CP850 Base will play back traditional Dolby Surround 7.1 and 5.1 formats as well as render select Dolby Atmos titles to a Dolby Surround 7.1 configuration. It includes the same advanced equalization and other audio features as the Dolby Atmos Cinema Processor CP850, so you can ensure that your cinema is ready. The profitability module also shows relationships between Dolby Laboratories's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dolby Laboratories over time as well as its relative position and ranking within.
The publisher brings years of research experience to the 9th edition of this report. The 173-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Find audio drivers by visiting the support section of your device makers website. Of Dolby Laboratories. All other trademarks remain the property of their. For Dolby demo discs and demo content, please click here. Select a topic - Select an option - Dolby Atmos Dolby Vision for content creators Dolby Voice Professional product enquiries Professional product support Investor relations Legal department Motion Picture Service Agreements.
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Global 3D Audio Market to Reach US$13.7 Billion by the Year 2027
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Amid the COVID-19 crisis, the global market for 3D Audio estimated at US$4.8 Billion in the year 2020, is projected to reach a revised size of US$13.7 Billion by 2027, growing at a CAGR of 16.1% over the analysis period 2020-2027.
Hardware, one of the segments analyzed in the report, is projected to grow at a 15.4% CAGR to reach US$7.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 17.2% CAGR for the next 7-year period. This segment currently accounts for a 28.9% share of the global 3D Audio market.
The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 15.6% CAGR for the Period of 2020-2027
The 3D Audio market in the U.S. is estimated at US$1.4 Billion in the year 2020. The country currently accounts for a 29.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.4 Billion in the year 2027 trailing a CAGR of 15.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15% and 13.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR while Rest of European market (as defined in the study) will reach US$2.4 Billion by the year 2027.
Services Segment Corners a 17.2% Share in 2020
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 16.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$664.9 Million in the year 2020 will reach a projected size of US$1.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2027.
Competitors identified in this market include, among others:
- 3D Sound Labs
- Auro Technologies
- Barco Audio Technologies (ISONO Sound)
- Comhear Inc.
- Core Sound LLC
- Dear Reality GmbH
- Dolby Laboratories, Inc.
- DTS, Inc.
- Dysonics
- Hooke Audio
- Sennheiser Electronics GmbH & Co. KG
- VisiSonics Corporation
- Waves Audio Ltd.
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Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Global Competitor Market Shares
- 3D Audio Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 43
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For more information about this report visit https://www.researchandmarkets.com/r/j19xmh
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