Sonos pioneered the networked, multi-room home audio market 10 years ago. After nearly $400M in venture funding in the past few years, they’ve made big steps to enter the mainstream with a national retail and advertising presence. From what we saw at CES this year, a number of big electronics and tech companies want a piece of this market and Sonos may be in for some serious price competition.
LG introduced their Music Flow system at this year’s CES with a variety of Music Flow speakers including soundbars, a subwoofer and a battery-powered mobile speaker, The speakers are controlled via an Android or iOS app, allowing you to stream content from your own library or via Google Cast services like Pandora, iHeart Radio, Deezer, Songza, NPR One, Rhapsody, Napster and TuneIn.
Read more: http://www.geekwire.com/2015/sonos-worried-big-electronics-makers-gunning-networked-speaker-market/