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Automotive Speaker Market worth $12.92 billion in 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Nov. 19, 2024 /PRNewswire/ — The global automotive speaker market is expected to reach USD 12.92 billion in 2029 from USD 9.49 billion in 2024, at a CAGR of 6.4% during the forecast period according to a new report by MarketsandMarkets™. Car speakers are meant to improve the car’s audio experience and deliver clearer bass, midrange, and treble sounds. They are designed specifically to withstand the harsh conditions of the automotive environment, including adverse vibrations, temperature variations, and humidity, while simultaneously delivering high-fidelity sound and good durability. Advanced materials increase clarity and minimize distortion in the sound, including polypropylene cones and neodymium magnets. Given the vigorous drive for high quality by consumers, manufacturers are expanding on innovation to bring powerful units in line with the constantly evolving preferences of modern vehicle owners.

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Browse in-depth TOC on “Automotive Speaker Market” 
324 – Tables
56 – Figures
112 – Pages

Automotive Speaker Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 9.49 billion

Estimated Value by 2029

$ 12.92 billion

Growth Rate

Poised to grow at a CAGR of 6.4%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, Vehicle, Installation, Technology and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

High competition and price sensitivity

Key Market Opportunities

Increasing demand for electric vehicles with quieter cabins

Key Market Drivers

Increasing strategic partnerships between automakers and premium audio brands

The coaxial speaker segment is expected to hold the largest market share during the forecast period.

The coaxial speakers hold the largest market share during the forecast period. Coaxial speakers are also called full-range speakers as they pack the woofer, tweeter, and crossover in a single unit, making it one of the most in-demand speakers while upgrading a car’s audio system. They are easy to install and come in the standard factory space fitting with good sound through all frequencies without special modifications. They also have different ranges of price and performance options to fit the budgeted requirements to upgrade the car’s audio system. Brands like Clarion, JBL, and Stillwater Designs top this list with popular models and thus meet the demand for good-quality sound in cars to propel market growth.

The door speakers segment is dominating the automotive speaker market.

Door speakers are the market leaders of automobile speakers because they can deliver quality sound to the passengers, enhancing the overall sound quality during audio playback within the car. The speakers are placed strategically for a well-balanced, high-quality sound for playing music, navigating, or even receiving calls. This demand for better sound makes car manufacturers fit more speakers per door with woofers and tweeters. Brands like Meridian Audio have used advanced tech to produce immersive sound. Thus, door speakers have become the most popular market for those who need quality audio within their vehicles.

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US in the North America region to dominate the automotive speaker market during the forecast period

The US dominates the automotive speaker industry in North America primarily because consumers demand quality in-car audio and entertainment systems. This market is also driven by the trend toward electric vehicles, considering most tend to be equipped with premium infotainment sets. Recent government investments in building infrastructure for EVs have helped further boost sales growth. Car manufacturers heavily depend on advanced audio systems, and the US is commanding a lead in the automotive speaker market.

Key players

The automotive speaker companies includes significant Tier I and II players like Panasonic Holdings Corporation (US), Bose Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Alps Alpine Co., Ltd. (Japan), Pioneer Corporation (Japan), Sony Group Corporation (Japan), Masimo Corporation (US), Clarion (US), Focal (France), Elettromedia S.p.A. (Italy), JVC KENWOOD Corporation (Japan), Stillwater Designs (US), Rockford Corp. (US)  are some of the key players in the automotive speaker market.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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Hi-Fi System Market by System (Product, Device), Connectivity Technology (Wired, Wireless (Bluetooth, Wi-Fi, Airplay, Others)), Application (Residential, Automotive, Commercial, Others), and Geography – Global Forecast to 2025

Smart Speaker Market by IVA (Alexa, Google Assistant, Siri, DuerOS, Ali Genie), Component (Hardware (Speaker Driver, Connectivity IC, Processor, Audio IC, Memory, Power IC, Microphone) and Software), Application, and Region – Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Kaleidescape Named to Fast Company’s Fourth Annual List of the Next Big Things in Tech

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List Recognizes Groundbreaking Advancements Redefining the Way We Work and Live

MOUNTAIN VIEW, Calif., Nov. 19, 2024 /PRNewswire/ — Kaleidescape, maker of the ultimate movie platform, today announced that it has been named to Fast Company’s fourth annual Next Big Things in Tech list, honoring emerging technology that has a profound impact for industries—from education and sustainability to robotics and artificial intelligence.

This year, 138 technologies developed by established companies, startups, or research teams are featured for their potential to revolutionize the lives of consumers, businesses, and society overall. While not all technologies are available in the market yet, each is reaching key milestones to have a proven impact in the next five years.

Kaleidescape, maker of the ultimate movie platform for residential and marine markets, has been changing the landscape of home theater entertainment experiences for over two decades. As the only digital provider of movies with lossless audio and full reference video, Kaleidescape provides customers with access to thousands of movies, TV series, and concerts for purchase or rent. Recently, Kaleidescape introduced Strato V, the next-generation movie player providing stunning 4K Dolby Vision playback with lossless audio. Strato V works on its own or grouped with Terra Prime movie servers to enable scalability. Kaleidescape is also expanding into commercial cinema, as an alternative content delivery platform, bringing library releases back to the big screen.

“Kaleidescape continues to innovate by bringing to market products that evolve the cinema experience at home and beyond,” said Tayloe Stansbury, chairman & CEO of Kaleidescape. “Kaleidescape’s platform allows consumers to experience a vast array of content in the highest quality, as the director intended, enabling a movie theater-like experience in the home.”

“The Next Big Things in Tech provides a fascinating glimpse at near- and long-term technological breakthroughs across a variety of sectors,” says Brendan Vaughan, editor-in-chief of Fast Company. “Spanning everything from semiconductors to agricultural gene editing, the companies featured in this year’s list are tackling some of the world’s most pressing and vexing problems.”

Click here to see the final list.

About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

About Kaleidescape (www.Kaleidescape.com)  
Kaleidescape is the ultimate movie platform. Kaleidescape has been designing, manufacturing, and selling state-of-the-art movie players and servers for over 20 years. Kaleidescape digitally delivers movies with lossless audio and reference video. Headquartered in Silicon Valley, Kaleidescape builds its products in the USA. 

CONTACT:
Josh Gershman 
josh.gershman@kaleidescape.com 

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SOURCE Kaleidescape, Inc.

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Payroc Expands Gateway Solution with Hosted Fields, Apple Pay & Google Pay

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Empower your clients with Payroc’s unified payment solutions—offering modern, secure options like Apple Pay and Google Pay alongside Hosted Fields to deliver seamless online checkouts, elevate customer satisfaction, and give you a competitive edge in today’s market.

TINLEY PARK, Ill. , Nov. 19, 2024 /PRNewswire-PRWeb/ — Payroc, a leading payments platform, releases Apple Pay and Google Pay Acceptance, in addition to previously released Hosted Fields. This provides ISVs, sales partners, and their merchants with a fully unified, secure, and streamlined online payment experience.

“Hosted fields and digital wallets build upon our platform to help partners provide merchants with a secure, streamlined, and customer-centric payment experience.”

Payroc’s Hosted Fields enable merchants to accept payments directly on their branded websites or applications without redirecting customers to an external page. By embedding payment fields into the checkout process, merchants can maintain a consistent and seamless customer experience. Additionally, partners can help merchants minimize compliance scope, as Payroc handles PCI requirements and tokenization entirely. With this fully integrated solution, partners can provide merchants with secure, modern payment options that meet customer expectations.

Additionally, the Payroc Gateway has expanded support for Apple Pay and Google Pay to both Hosted Fields and Hosted Payment Pages on the TSYS platform to go along with existing availability on First Data. Along with accepting digital wallet payments in person, merchants can now offer customers a faster, friction-free and more secure online checkout. With this feature, customers can skip manual card entry and complete payments with their saved digital wallet information, on both a mobile device and desktop. Apple Pay and Google Pay require minimal integration for partners using Hosted Fields, while Hosted Payment Pages automatically support these payment options with no additional setup needed.

“At Payroc, our priority is empowering partners and their clients with solutions that create real value,” said Walter Greaney, Vice President of Product Management. “Hosted fields and digital wallets build upon our platform to help partners provide merchants with a secure, streamlined, and customer-centric payment experience.”

Payroc’s new features are designed to offer its partner network high-value, adaptable payment tools that address the evolving needs of today’s market.

For more information on Payroc’s Hosted Fields, and Apple Pay & Google Pay integration, please visit http://www.payroc.com.

About Payroc:
Payroc WorldAccess, LLC is a high-growth merchant acquirer, processor, and payment integrations powerhouse that offers best-in-class sales enablement and payment processing technology on a global scale, delivering proprietary, innovative, and full-service merchant acquiring solutions together with key card brand network payment sponsorship registrations. Payroc (through its subsidiaries) is a registered Visa third-party processor, a Visa independent sales organization, a Mastercard third-party service provider, a Mastercard member service provider, a payment facilitator, an encryption support organization for Fifth Third Bank, National Association (“Fifth Third”), and, in Canada is registered with Peoples Trust Company, among many others.

Media Contact

Yosselin Nunez, Payroc, 1 (888) 477-4500, yosselin.nunez@payroc.com, https://payroc.com/

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SOURCE Payroc

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Spacelift Announces Expanded Ansible Support to Tame Operational and Observability Challenges of Ansible Playbook Execution and Unite Ansible and IaC Automation Workflows

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Platform and DevOps teams with large-scale, complex environments no longer have to struggle with Ansible playbook execution and observability challenges. They can also unite formerly separate workflows for provisioning and configuration management of infrastructure resources, thanks to enhancements to the Spacelift orchestration platform.

REDWOOD CITY, Calif., Nov. 19, 2024 /PRNewswire-PRWeb/ — Ansible is an essential part of infrastructure automation, but managing large-scale playbook execution in complex environments is still challenging. It’s often managed separately from Infrastructure as Code (IaC) provisioning automation, leading to inefficient workflows that slow developer velocity and lack the necessary visibility and control for security and compliance. Today’s updates from Spacelift aim to solve these problems.

These Spacelift updates have transformed this experience, elevating our Ansible operations, giving us real visibility into all of our resources, and a single workflow for our infrastructure automation.

The Spacelift platform now automates the execution of Ansible playbooks, delivers inventory visibility and control over Ansible-managed resources, and links provisioning workflows (Terraform and OpenTofu, etc..) seamlessly with configuration management (Ansible).

New Spacelift Platform Enhancements include:

Playbook Automation: Manage the execution of Ansible playbooks from one central location.Inventory Observability: View all Ansible-managed hosts and related playbooks, with clear visual indicators showing the success or failure of recent runs.Playbook Run Insights: Audit Ansible playbook run results with detailed insights to pinpoint problems and simplify troubleshooting.Integrated IaC & Ansible Workflows: Easily define workflows that combine any flavor of IaC (Terraform, OpenTofu, CloudFormation…) and Ansible to streamline infrastructure provisioning and configuration management.Developer Self-Service: Integrate Ansible playbooks into infrastructure self-service for developers.

“Ansible and IaC have lived in isolated silos, leading to cumbersome infrastructure management workflows and slowing developer velocity,” said Pawel Hytry, co-founder and CEO of Spacelift. “By layering the infrastructure orchestration benefits of Spacelift on top of Ansible, we’re making it easy for platform teams to not only control what is happening with Ansible, but also create a seamless workflow that combines the provisioning power of Terraform, OpenTofu and CloudFormation with the configuration management benefits of Ansible.”

“Ansible is our go-to automation for managing resources after they’ve been provisioned, but it comes with its own set of challenges,” said Jakub Krzemiński, head of DevOps at Synerise. “These Spacelift updates have transformed this experience, elevating our Ansible operations, giving us real visibility into all of our resources, and a single workflow for our infrastructure automation.”

The expanded Ansible support is available immediately to provide greater control and visibility over Ansible playbooks, orchestrate Terraform and Ansible pipelines into a single integrated workflow, and help platform and DevOps teams provide infrastructure self-service to developers.

*About Spacelift*
Spacelift is an infrastructure orchestration platform that manages the entire infrastructure lifecycle — provisioning, configuration and governance. Spacelift integrates with existing infrastructure tooling (e.g. Terraform, OpenTofu, CloudFormation, Pulumi, Ansible) to provide a single integrated workflow to deliver secure, cost-effective and resilient infrastructure, fast.

By automating deployment and configuration, providing developer self-service, golden paths with guardrails, and an OPA policy engine, Spacelift empowers businesses to accelerate developer velocity while maintaining control and governance over their infrastructure.

Sign up for a demo or a free trial at Spacelift.io.

Media Contact

Cristin Connelly, Spacelift, 4049316752, cristin@cathey.co, www.spacelift.io

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SOURCE Spacelift

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