On March 16, 2023, Samsung Electronics officially announced that the company has been ranked No. 1 in the global TV market for 17 consecutive years, and also ranked No. 1 in global sales in the SoundBar market for 9 consecutive years.
As per the data stats from the market research firm FutureSource, Samsung Electronics counted 20.2% market share in terms of value and 18.4% in terms of volume in the global soundbar market in 2022, maintaining its No. 1 position since 2014.
The Samsung Q Series Soundbar (HW-Q990B) was the highest-end specifications as the soundbar of the year in 2022, and the British tech media T3 selected the super slim soundbar ‘HW-S800B’ as the soundbar of the year for a powerful cinematic experience.
“We are doing our best to provide the functions and performance that customers expect from Samsung Soundbars and want them,” said Kim Chul-gi, vice president of Samsung Electronics’ Visual Display Business Department. We will make it possible,” he said.
According to the market research firm, the global soundbar market, which has been showing steady growth of about 5.7% over the past three years, recorded 23.16 million units in 2022, and is expected to grow to about 26 million units in 2025.