Klipsch announces new Phantom speaker: ‘The best portable speakers for the home’
In the first quarter of 2019, the world’s top five speaker brands saw sales increase by 4.6% to $9.8 billion, according to the first-quarter report from Nielsen SoundScan, the market research company.
That was up from the 6.4% increase in the first half of the year, when sales were up 4.5%.
But the biggest gains were seen in smaller manufacturers, with Sony’s PlayStation 4 and Samsung’s Galaxy S6 both up 6.5% and 6.7%, respectively.
The biggest declines were seen for Dolby, with its Dolby Atmos system falling 6.2% and LG’s LG Headphones, up 4%.
The biggest winners for 2018 were smaller companies that are trying to take advantage of emerging markets and the rise of streaming services.
Amazon and Netflix, for instance, saw record growth in their home entertainment businesses, with Amazon recording a 23% jump in revenue to $8.9 billion in the quarter, up 14% from the year-ago quarter.
Roku saw a 16% jump to $1.9 million, up 10% from last year.
Apple’s iPhone and Apple Watch saw big gains in sales in 2018, as well.
In the third quarter, sales jumped 18% to over $1 billion.
But the majority of those gains came from smaller companies.
Amazon’s Echo, which debuted in 2016, saw a 13% jump, followed by Amazon’s own Echo Dot, which saw a 17% jump.
LG’s K-series headbands, which launched in 2018 and are currently being phased out, saw another 17% increase, according a Nielsen spokesperson.
The company said the K-Series Headphones saw an 18% increase.
Apple also saw the biggest year-over-year gain in its audio business.
The iPhone X saw sales jump 30% to nearly $1 million, while the new iPhone 7 saw a record-high $1,000 sale.
The top-selling new iPhone of 2018 was the iPhone XS, which sold more than 6.6 million units in just 24 hours.
The average selling price for an iPhone Xs, iPhone X, iPhone 8 and iPhone XR was $1 in early 2018.
Apple will continue to push its audio product lineup in the coming years, and it has a new flagship speaker to showcase it at the event, according for Reuters.
It’s called the $1k+ Apple Cinema Headset, which is priced at $999.
The first model, the $2k+ Headset with Dolby Cinema sound, has a $1K price tag.
The new model, priced at a more reasonable $1-1,999, is a $3K model that comes with Dolor Blue, Dolby TrueHD, Dolor Gold and Dolor TrueHD.