Demand for portable products is likely to be driven by Australians’ return to regular life and travel. Thus, wireless speakers is anticipated to continue to achieve a positive performance throughout the forecast period, with higher value growth than volume.
Wireless speaker technology is set to continue seeing innovation in the forecast period, to meet consumers’ increasing demands and grow volume sales. The forecast period is expected to see an increasing number of Australians opt for smart home devices, as they are increasingly aware of the benefits of IoT technology.
In light of the growing popularity of online gaming and the rise of vlogging on streaming platforms such as YouTube and Twitch, there are a growing number of Australian gamers seeking ways to immerse themselves in the fast-growing video gaming community. Panasonic’s new wearable gaming surround sound device, the SoundSlayer Speaker, was recently launched, which is the first wearable surround sound device designed specifically for gamers.
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