According to a recent report, "The global home audio equipment market size is estimated to grow by USD 18.96 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 12.34% during the forecast period. Rapid adoption of home audio equipment is driving market growth, with a trend towards microphones segment... The home audio equipment market is experiencing significant growth due to the increase in remote work and learning, as well as the rise in TV productions and content creation."