Global Studio Monitors
Market Report
2024
Studio monitors market size is USD 43.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.00% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Studio monitors market size is USD 43.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.00% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Studio Monitors Market Sales Revenue 2023 | $ 43.8 Billion |
Global Studio Monitors Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3% |
Market Split by Type |
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Market Split by Application |
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Market Split by Distributional channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Studio Monitors Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The speaker cabinet houses the power amplifier, making studio monitors—with a few rare exceptions—'active' or 'powered' speakers. It must therefore be connected to a line source with volume control, either an Audio Interface or a specific monitor controller. Passive speakers need a separate power amplifier to operate, whereas active speakers have one built-in and simply need a power source (or battery) to operate. In summary, we need an amplifier for passive speakers but not for active speakers. Rapid technology improvements and expanding entertainment sector demand will drive market revenue growth throughout the forecast period.
The development of AI virtual assistants and battery technology advancements has increased the demand for active studio monitors.
The entertainment industry is expanding due to favorable demographics, shifting spending patterns, rising disposable incomes, and a willingness to spend money on fun and recreation. Due to the disruption caused by social media, players in the traditional sector are shifting to digital platforms and increasing their spending on digital media.
Additionally, the prevalence of smartphones, affordable data plans, and investments in local and original digital content are advantageous aspects of digital access and content supply, respectively, for promoting online consumption across the media and entertainment sector. Furthermore, music is now more widely available everywhere, thanks to the availability of music and video material on streaming services. Other advantages of streaming platforms, such as the vastly improved sound quality of streamed content, foster the market's expansion.
An active studio monitor's price is determined by more than just its electronic parts. The design of the speakers, the materials' quality, their weight and durability, and even their branding can make high-end speakers more expensive. Often, individuals underestimate how crucial these factors are. Regardless of the quality of the material, a cheap system with subpar components will have trouble playing low frequencies or bringing out high notes. Cheap active studio monitors will typically be inferior because they use lower-quality parts, have undergone less research and prototyping, and so on. But due to its lower pricing, middle-class or lower-middle-class people often buy such active studio monitors. Furthermore, the growing number of startups in the entertainment industry are also attracted to such active studio monitors. This factor is estimated to have a negative impact on the growth of the market.
The COVID-19 illness outbreak substantially impacted parts of active studio monitor markets in 2020 due to the disruption caused by the lockdowns imposed by governments worldwide. National governments' efforts to stop the spread have led to a drop in economic activity and restricted trade in goods and services, with some nations going into "lockdown." Businesses suffered because of the outbreak in 2020 and into 2021. Since many media markets send their material remotely via digital networks, they haven't been impacted or benefited from it. As a "black swan event" unrelated to enduring or fundamental problems in the market or global economic problems, the active studio monitor is anticipated to recover from the shock throughout the prediction period.
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The market for active studio monitors has a very active and diverse competitive environment. It comprises various active studio monitor providers, from significant multinational corporations to smaller specialized organizations. To grow market share and boost their competitive positions in the sector, the corporations strongly emphasize on developing new products, forming partnerships, and making acquisitions with important players.
Top Companies Market Share in Studio Monitors Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2022. The market's rapid growth rate is related to the presence of more significant market participants, including Apple, Inc., Google, and Amazon.com, Inc. Major suppliers in North America have been inspired to develop cutting-edge and novel products due to consumers' readiness to adopt new technology. The use of active studio monitors in daily life has also increased due to the quick development of technology. These important variables are fueling market expansion.
The growth in American disposable income has accelerated the adoption of active studio monitor devices. Active studio monitors are becoming more common in homes worldwide as smart home technology advances. According to statistics on smart homes, 52.22 million were built in 2021, surpassing the 50 million mark for the first time. This increased further in 2022, reaching 57.55 million in the United States. As a result, voice-enabled virtual assistants running on smart speakers have become the main controls for several active studio monitors, including entertainment, question and answer, web searches, and more.
Several countries like Japan, South Korea, China, and India are driving market expansion in the Asia Pacific region. Important players like Xiaomi, Alibaba, and Baidu are among the top businesses concentrating on local consumers. One of the biggest markets for active studio monitors is China. The need for portable and interoperable equipment, including wireless speakers, has surged in the region due to the quick evolution of digital streaming services.
The current report Scope analyzes Studio Monitors Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Studio Monitors Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Studio Monitors Industry growth. Studio Monitors market has been segmented with the help of its Type, Application Distributional channel, and others. Studio Monitors market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The most popular sort of active studio monitors, according to Cognitive Market Research, are active monitors. Dedicated amplifiers are built into each speaker unit of an active monitor. Doing so removes the requirement for separate external amplifiers, simplifying setup and lowering system complexity. Active crossovers that are included in active monitors separate the audio signal into several frequency bands and send each band to the appropriate speaker driver. This guarantees the best possible frequency response and enables precise control over the signal distribution.
It is projected that the passive monitor type segment will expand quickly. The two halves of your monitoring system, the speakers and the amp, can be upgraded independently with passive monitors, allowing for a more gradual and affordable transition to higher-quality equipment. The second benefit of passive speakers is the processing control that the user can utilize them for. Passive speakers also have one significant disadvantage: Users must bring amplifiers to power them.
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In 2022, studio recording accounted for the majority of usage. A studio recording will be set up to suit the needs of a complete band for line-ups that go beyond the singer-songwriter or solo artist. Studio Recording has invested thousands of dollars in the best studio recording equipment and in building a wonderful-sounding environment.
Home recording is the second-most popular use, according to Cognitive Market Research. There are more and more creative methods to turn your home into a studio as home customization gets increasingly popular. Creating a home studio enables all equipment to remain securely in one location.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Studio Monitors Market is witnessing significant growth in the near future.
In 2023, the Active Monitors segment accounted for noticeable share of global Studio Monitors Market and is projected to experience significant growth in the near future.
The Studio Recording segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ADAM Audio , Anchor Audio and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
The speaker cabinet houses the power amplifier, making studio monitors—with a few rare exceptions—'active' or 'powered' speakers. It must therefore be connected to a line source with volume control, either an Audio Interface or a specific monitor controller.
Disclaimer:
Type | Active Monitors, Passive Monitors |
Application | Studio Recording, Home Recording, Other |
Distributional channel | Music store, Home appliance store, Online |
List of Competitors | ADAM Audio, Alesis, Anchor Audio, Audioengine, Avantone Pro, Avid, Dynaudio, EVE Audio, FOCAL, Fostex, Genelec.com, JBL, KRK SYSTEMS, Mackie, M-Audio, MUSIC Tribe, Neumann, Numark, Peavey Electronics Corporation, PreSonus, YAMAHA, RCF, Rockville Audio, Samson Technologies, Seismic Audio |
This chapter will help you gain GLOBAL Market Analysis of Studio Monitors. Further deep in this chapter, you will be able to review Global Studio Monitors Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distributional channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Studio Monitors market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Active Monitors have a significant impact on Studio Monitors market? |
What are the key factors affecting the Active Monitors and Passive Monitors of Studio Monitors Market? |
What is the CAGR/Growth Rate of Studio Recording during the forecast period? |
By type, which segment accounted for largest share of the global Studio Monitors Market? |
Which region is expected to dominate the global Studio Monitors Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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