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Wireless Audio Device Market Research Study and Future Prospects 2027
Posted: Jan 10, 2019
Market Highlights
Consumer electronics is a profitable industry which is constantly growing as companies develop new products and technologies in the market. For instance, smart television, wireless headphones, Bluetooth speakers are a part of this segment. The growing population, increasing consumer preferences for wireless accessories and evolution of new technologies in the market is boosting the growth of consumer electronics segment. For instance, wireless headsets include a speaker and a microphone which are commonly used during any digital communication. In U.S., 40% of population uses wireless headphones on portable devices which is expected to increase in the coming future.
Increasing penetration of wireless devices in commercial and consumer electronics sector and increasing usage of wireless devices by security & defence sector are expected to drive the market during the forecast period 2016-2027. However, high development cost of wireless audio device is the major factor hindering the market growth.
The Global Wireless Audio Device Market is growing rapidly over 17% of CAGR and is expected to reach at USD ~70 billion by the end of forecast period 2027.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "The Global Wireless Audio Device Market Research Report -Forecast to 2027".
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Key Players
Some of the major players in global Wireless Audio Device Market include Sony Corporation (Japan), Bose Corporation (U.S.), Sennheiser Electronic Gmbh & Company Kg (Germany), LG Electronics (South Korea), Sonos, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), Vizio Holdings, Inc. (U.S.), Apple Inc. (U.S.), Voxx International Corporation (U.S.), and Samsung Electronics Co., Ltd (South Korea).
Global Wireless Audio Device Market Segmentation
The global Wireless Audio Device market has been segmented on the basis of product, technology, end-user and region. On the basis of product, the market is segmented into wireless speaker systems, wireless headsets, sound bars, and wireless microphone and others. By technology, the market is divided into bluetooth, Wi-Fi, airplay and others. On the basis of end-user, the market is classified into commercial, electronics, telecommunication, automotive, security & defence and others.
Market Research Analysis:
Regional analysis for global wireless audio device market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of world. The study reveals that North America region would evolve as a leader in global wireless audio device market. North America is the most technically advanced application market due to presence of prominent players, system suppliers, and large IT companies. Europe is expected to be the second highest market in terms of revenue generation. Whereas, Asia-Pacific is expected to witness high growth in the forecast period and projected to grow with approximately 20% CAGR during the forecast period. Technological and industrial growth in Asian countries, such as China and Japan, is giving boost to the wireless audio device market in the coming years. Further, Increasing technological advancements and increasing disposable income in Asia-Pacific region is expected to drive the growth of wireless audio devices market in the region. However, issues related to hearing problems is expected to hinder the growth of the market.
Intended Audience
- Music and stereo companies
- Smartphone and audio device manufacturers
- Research
- Financial institutes
- Government
The report for Wireless Audio Device market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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TABLE OF CONTENTS
List of Tables
TABLE 1 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 2 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD MILLION UNITS)
TABLE 3 GLOBAL WIRELESS SPEAKER SYSTEM MARKET, 2016-2027 (USD BILLION)
TABLE 4 GLOBAL WIRELESS HEADSETS MARKET, 2016-2027 (USD BILLION)
TABLE 5 GLOBAL SOUND BARS MAREKT, 2016 - 2027 (USD BILLION)
TABLE 6 GLOBAL WIRELESS MICROPHONES MAREKT, 2016 -2027 (USD BILLION)
TABLE 7 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
TABLE 8 GLOBAL BLUETOOTH TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 9 GLOBAL WI-FI TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016- 2027 (USD BILLION)
TABLE 10 GLOBAL AIRPLAY TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 11 GLOBAL OTHER TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 12 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
TABLE 13 GLOBAL COMMERCIAL INDUSTRY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 14 GLOBAL ELECTRONICS WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 15 GLOBAL TELECOMMUNICATIONS WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 16 GLOBAL AUTOMOTIVE WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 17 GLOBAL SECURITY & DEFENCE WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 18 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY REGION, 2016-2027 (USD BILLION)
TABLE 19 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY COUNTRIES, 2016-2027 (USD BILLION)
TABLE 20 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 21 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
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