Industry Findings: Indonesia is emerging as one of Southeast Asia’s fastest-growing audio markets as rising smartphone use, short-form video consumption, and mobile gaming drive strong demand for wireless earbuds and portable speakers. Consumers are upgrading rapidly from basic accessories to products with longer battery life and better noise control. In Aug-2024, Bank Indonesia reported continued growth in e-commerce transaction values, reflecting stronger nationwide digital purchasing activity. This expansion is improving product access beyond major cities and accelerating penetration of entry-level and mid-range battery-powered audio systems.
Industry Player Insights: Some of the players operating in the Indonesia industry are Xiaomi Corporation, OPPO, Samsung Electronics Co., Ltd., and JBL, a brand of Harman International Industries, Inc. OPPO continued extending its Enco Air series across Indonesia during 2024, strengthening its position in affordable personal wearable audio. JBL broadened retail visibility for its portable speaker portfolio throughout 2024, benefiting from strong outdoor and lifestyle usage patterns. These initiatives are expanding consumer choice across both value-oriented and aspirational price tiers.