HARMAN International, a privately owned consumer electronics company founded in 1980 and headquartered in Stamford, Connecticut, employs approximately 22,730 people. A subsidiary of Samsung Electronics, HARMAN's annual revenue exceeds $1 billion (as of 2024). The company develops and manufactures connected products and solutions across various sectors, encompassing automotive systems, audio and visual equipment, enterprise automation, and Internet of Things support. Its portfolio includes well-known brands such as AKG, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, and Revel.

2024 Revenue

Founded

1980

Headcount

22,722

Headquarters

US

Primary Segment

Consumer electronics

Ownership

Privately Owned

Deployments

29

News Summary:

HARMAN International announced a technology partnership with NASCAR on an unspecified date. This partnership involves the design and implementation of audio systems at NASCAR venues, utilizing JBL Professional loudspeakers, Crown amplifiers, and BSS digital signal processing. The partnership will deliver premium audio experiences for racing fans through future racetrack audio upgrades at 14 NASCAR-owned venues. A separate report indicates that HARMAN International is a key player in the Audio and Visual Public Address System market, which is projected to grow from USD 2.50 billion in 2023 to USD 3.76 billion by 2030. Another report estimates the global connected vehicles market to reach USD 194.46 billion by 2032, growing at a compound annual growth rate of 12.6% from 2025.

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HARMAN International offers 22 products in the media tech, media and telecoms services and telecoms tech industries. HARMAN International's product portfolio comprises of enterprise and telecoms software, audio, content acquisition and consumer electronics.
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HARMAN International's revenues were over $1B in 2024. Caretta Research has split HARMAN International's revenue into 10 different product categories, the largest of which is consumer devices. For full access to HARMAN International's revenue breakdown subscribe to Caretta Portal.
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