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THE GLOBAL WIRELESS AUDIO MARKET WAS VALUED AT USD 16.23 BILLION IN 2016 AND IS PROJECTED TO REACH USD 38.65 BILLION BY 2025, GROWING AT A CAGR OF 10.12% FROM 2017 TO 2025 1. SAMSUNG ELECTRONICS CO., LTD. , VOXX INTERNATIONAL CORPORATION , BOSE CORPORATIO

02-08-2019 10:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

THE GLOBAL WIRELESS AUDIO MARKET WAS VALUED AT USD 16.23 BILLION

Global Wireless Audio Market
By Technology (Bluetooth + WiFi, AirPlay, Radio Frequency, Bluetooth, Wi-Fi), Product (Microphones, Speaker Systems, Soundbars, Headphones, Headsets), Application (Automotive, Home Audio, Commercial, Consumer), and Regional Market Size, Status and Forecast to 2025

Market Overview:
The Global Wireless Audio Market was valued at USD 16.23 billion in 2016 and is projected to reach USD 38.65 billion by 2025, growing at a CAGR of 10.12% from 2017 to 2025. Wireless Audio uses a radio-frequency transmitter to convey an audio signal to a radio receiver Wireless audio lets users avoid physical cables in order to transmit audio from a smartphone to a speaker. Benefits of wireless audio include – helps you to get rid of wires, streaming video to comfortable places, portability and mobility, low bandwidth requirement, low battery consumption, and lossless transmission of sound.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing demand for portable devices
1.2 Technological advancements in wireless solutions
1.3 Rising demand for smartphones as a source of entertainment
1.4 Rise in on-demand music streaming services
1.5 Growing usage of wireless audio devices in the hospitality and leisure sector
2. Market Restraints
2.1 Requirement of high quality audio
2.2 Negative health effects on users

Market Segmentation:
The Global Wireless Audio Market is segmented on the technology, product, application, and region.

1. Technology:
1.1 Bluetooth + WiFi
1.2 AirPlay
1.3 Radio Frequency
1.4 Bluetooth
1.5 Wi-Fi

2. By Product:
2.1 Microphones
2.2 Speaker Systems
2.3 Soundbars
2.4 Headphones

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2.5 Headsets

3. By Application:
3.1 Automotive
3.2 Home Audio
3.3 Commercial
3.4 Consumer
3.4.1 Laptops/Computers
3.4.2 Gaming Consoles
3.4.3 Smartphones
3.5 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Samsung Electronics Co., Ltd.
2. Voxx International Corporation
3. Bose Corporation
4. DEI Holdings, Inc.
5. Vizio, Inc.
6. Sennheiser Electronic GmbH & Co. Kg
7. Apple Inc.
8. Sony Corporation
9. Harman International Industries, Incorporated
10. Sonos, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Read More- https://www.kennethresearch.com/report-details/global-wireless-audio-market-/10059814

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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