More than Half of Consumers Use Soundbars to Listen to Radio, Music or Podcasts According to NPD

Millennials pave the way for future growth and use

PORT WASHINGTON, NEW YORK, JULY 23, 2015 – Soundbars aren’t just being used as a TV accessory anymore. According to The NPD Group’s Soundbar Ownership and Usage Study, 55 percent of consumers use their soundbar for music or other audio-related content, like podcasts and radio, in addition to using it while they watch TV.

The ability to connect and stream to soundbars from portable devices has given consumers new options. More than one-third (36 percent) of soundbar owners are connecting at least one portable device to their soundbar.  Nearly a quarter of consumers (23 percent) say they connect their smartphone to a soundbar, 16 percent to either a tablet or notebook computer, and 12 percent to an iPod.

“Soundbars have been around for nearly a decade, and we are still seeing significant momentum in the market,” said Ben Arnold, executive director, industry analyst, The NPD Group.  “Features like Bluetooth have helped to drive interest, sales, and usage - especially among millennial consumers.”

Millennials account for 44 percent of all audio hardware spending, according to NPD’s Consumer Tracking Service, up from just 35 percent a year ago.  And millennials collectively spend more than $300 million yearly on soundbars, placing the category among the top three for most audio dollars spent by 18-34 year olds.

According to the report, nearly two-thirds of millennial owners use a soundbar to listen to music/audio content aside from when they are watching TV, and spend about 22 percent of their time doing so, compared to the total population which spends about 15 percent of time using the soundbar for just radio, music or podcasts.

Source: The NPD Group/Soundbar Ownership and Usage Study

“Millennials are one key factor to growing the soundbar market but there are several others as well,” said Arnold. “Our latest soundbar market forecast shows annual growth at about 20 percent through 2016 and that will be driven by lower selling prices, new products on the market, and consumer adoption of new TV technologies, like 4K.  These factors will all combine to help grow demand for soundbars in consumer households.”

 

Read more about the generational divide in the audio industry in Ben’s blog.

Methodology

More than 6,000 U.S. consumers were surveyed from NPD’s online panel in Q1 2015, of which approximately 750 were soundbar owners.


Related Press Releases

2018 Baker’s Dozen +1: Stephen Baker’s Annual Holiday Expectations
2018 Baker’s Dozen +1: Stephen Baker’s Annual Holiday Expectations

Superior screens, advances in audio, and all things ‘smart’ will be hot this holiday. See more holiday consumer electronics predictions from NPD’s technology industry advisor, Stephen Baker.

Nearly Half of U.S. Smartphone Owners Report Shopping on Their Device
Nearly Half of U.S. Smartphone Owners Report Shopping on Their Device

The role of the consumer device is evolving, as content that was once the domain of the computer continues to migrate to smartphones. In fact, 45 percent of smartphone users now report they shop online via their device.

Traditional Retailers Are Gaining Ground in Online Sales of High Ticket Tech Items, Reports NPD’s Checkout
Traditional Retailers Are Gaining Ground in Online Sales of High Ticket Tech Items, Reports NPD’s Checkout

According to NPD’s Checkout, 29 percent of U.S. online CE dollar sales were made through traditional retailer websites for the 12 months ending June 2018. During this timeframe, they gained online dollar share primarily in high average sales price segments, spanning products such as TVs, PCs, tablets, and printers.

Wireless Charging Mat Sales Receive a Boost in the U.S., As Consumers Look to Cut the Charging Cord
Wireless Charging Mat Sales Receive a Boost in the U.S., As Consumers Look to Cut the Charging Cord

New smartphones often deliver growth opportunities in the mobile accessories space. Growth in wireless charging in Q4 2017 is a prime example.


Press Contact

David Riley
917-543-5465
david.riley@npd.com

The NPD Group, Inc.
900 West Shore Road
Port Washington, NY 11050

Want more?

Complete this form to hear from NPD.


Newsletter

Subscribe and get key market trends and insights relevant to your industry each month.

We will not sell your information. View privacy notice.

Follow Us

Privacy Notices.

© The NPD Group, Inc.