Home Audio Equipment Market Expected to Reach over USD 20 Billion by 2024 by Key Vendors: Comprise AKG, Samsung Electronics, Blaupunkt and 35 Others
The flourishing electronics industry in Asia Pacific is expected to positively impact the home audio equipment market growth. The presence of large number of players in the region enables the production of devices at low costs, thus gaining high consumer focus. Growing disposable income and increasing consumer spending on luxury devices is expected to provide growth opportunities in Asia Pacific, particularly in countries including India and China.
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