Wireless Audio Device Market 2021 Analysis May Set New Growth Story, Forecast to 2027

The overall Wireless Audio Device Market is expected to grow from USD 2.8 billion in 2020 to USD 6.9 billion by 2025, at a CAGR of 19%. The growth of this market is mainly driven by the increasing demand for ToF sensors from automotive industry and growing adoption of 3D cameras in smartphones and increasing use of such smartphones. The rising adoption of 3D machine vision systems in various industries and growing deployment of Industry 4.0 provide major opportunities for the growth of the ToF sensor market.

Key Market Players
Key players operating in the wireless audio device market are Apple Inc. (US), HARMAN International Industries Inc. (US), Bose Corporation (US), Sonos Inc. (US), Sony Corporation (Japan), DEI Holdings, Inc. (US), Sennheiser Electronic GmbH & Co. KG (Germany), VIZIO, Inc. (US), VOXX International Corporation (US), Plantronics Inc. (US), Ossic Corporation (US), Phazon (Canada), Trüsound Audio (US), Jam (US), Earin (Sweden), Human (US), Bragi (Germany), Jaybird (US), Devialet (France), and Dali A/S (Denmark).

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Wireless Audio Device Market Segments

By Product:

• Headphones
• Headsets
• Speaker Systems
• Soundbars
• Microphones
• Others (Audio/Video (A/V) Controllers, A/V Receivers, Power Amplifiers, Radio Tuners, and Dedicated Speaker Docks)

By Application

• Home Audio
• Commercial
• Consumer
• Automotive
• Others (Security & Defense, Industrial, and Medical)

By Technology

• Smart Devices
• Non-smart Devices

By Functionality

• Bluetooth
• Wi-Fi
• Bluetooth+Wi-Fi
• AirPlay
• Radio Frequency
• Others (AllPlay, Wireless Speaker & Audio (WiSA), SKAA, Play-Fi, KleerNet, and Infrared (IR))

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Wireless Audio Device Market Report

• What was the Wireless Audio Device Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Wireless Audio Device Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Wireless Audio Device Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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