Home Audio Equipment Market Size To grow USD 82.07 billion by 2030
The Market is growing at a CAGR of 10.75% from 2022 to 2030 The growth of this market has been greatly aided by the rising number of smart homes in developing nations, rising incomes, and the increasing affordability of high-end audio equipment, particularly for amplifiers, receivers, speakers, and other home stereo equipment, which are used by consumers from all consumer segments. The epidemic that began in 2020 caused professionals all across the world to work from home, which raised spending on indoor entertainment systems.