openPR Logo
Press release

Wireless Audio Device Market 2022 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2029

05-25-2022 09:18 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Wireless Audio Device Market 2022

Global sales of wireless audio devices surpassed the market value of US$ 2.5 Bn in 2018, predominantly driven by rapid expansion of music industry and flourishing prospects of the music streaming space.

To cater to increasing customer demand for online audio streaming, leading vendors of wireless audio devices are focusing on product innovation. Moreover, the market is recently witnessing introduction of innovative online music streaming services that offer high-definition (HD) and high resolution (Hi-Res) audio. This, as suggested by a new Persistence Market Research (PMR) study, will push the growth of wireless audio devices market over 2019 - 2029.

Request for Free Sample Report of "Wireless Audio Device" Market@https://www.persistencemarketresearch.com/samples/4094

Apple recently unveiled its brand new AirPods Pro and Samsung already has its wireless Galaxy Buds. A brand like Realme is also set to launch its new wireless earbuds in certain Asian markets. A radical shift of industry from wired to wireless complements the projections that the gadget world will go wireless soon. As the global audio accessory space has been flooding with wireless earphones and pods that continue to garner massive interest from smartphone companies, the global market for wireless audio devices will be on an upward trend over the foreseeable future.

Key Players:

The report has profiled some of the Important players prevalent in the global like - Panasonic Corporation, Bose Corporation, Yamaha Corporation , Sony Corporation, JVC KENWOOD Corporation, Logitech International S.A, Marshall, Samsung Electronics, Panasonic Corporation, Sonos, boAtlifestyle.in, Philips and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Wireless Audio Device.

Request For Customization@https://www.persistencemarketresearch.com/request-customization/4094

Key Takeaways - Wireless Audio Devices Market Study

Exponential smartphone sales account for maximum demand for wireless earphones, which is projected for a striking CAGR during the forecast period.
Rapid penetration of mobile devices supporting adoption of portable Bluetooth speakers would remain notably high in Asia Pacific.
Discounted offers by leading online retailers on a wide variety of wireless audio devices significantly contribute to sales of wireless audio devices.
Considerable adoption of wireless audio technology for applications such as in-car infotainment systems is also driving market growth.
Pairing of various portable wireless speakers into a single device has been a trend when it comes to multi-room music distribution. In line with the surge in demand for multi-room music system, sales of wireless audio devices will also be on an upward trend in the near future.
Customers are increasingly demanding a variety of music streaming features such as high audio quality, easy accessibility on multiple platforms, and playlist customization.
The latest trend of truly wireless has been taking the industry by storm. Global leaders such as OnePlus are working with truly wireless earbuds, which would be available on the market in the near future.
New market entrants continue to focus on integrating the trending next-generation technologies such as Artificial Intelligent (AI) and Natural Language Processing (NLP) to offer advanced wireless audio devices at competitive prices. This would significantly push the adoption of wireless audio devices through the next decade.

Enhanced Wi-Fi Capabilities Arguing Well for Market Growth

Demand for wireless-enabled audio devices such as headphones, speakers, microphones, and sound-bars is increasing at a remarkable pace. Technological advancements in Wi-Fi capabilities like Wi-Fi direct with its multi-role, and multi-channel functionality tend to significantly enhance the user experience of their offerings in new generation of wireless audio devices category. Amazon Company introduced Alexa in September 2018 with an intent to offer entertainment features such as Amazon Music, TIDAL, new release notification, and right-left stereo pairing.

For instance, in August 2019, the Bose Corporation, a leading manufacturer of wireless audio devices and software test solutions, introduced the portable home speaker with combine benefits of improved battery power, ease of voice control, etc.
For instance, in January 2019, the KLIPSCH, announced the new product of small wireless in ear headphones that allows people to premium sound and listen comfortably solutions.

Key Stakeholders:

Wireless Audio Device Market Manufacturers
Wireless Audio Device Market Distributors/Traders/Wholesalers
Wireless Audio Device Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

Click Here to Buy this Report@https://www.persistencemarketresearch.com/checkout/4094

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wireless Audio Device Market 2022 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2029 here

News-ID: 2635505 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Wireless

Wireless Platforms Market Is Expected To Grow At A Rapid Pace Throughout By Prod …
Acumen Research and Consulting has announced the addition of the "Wireless Platforms Market” report to their offering. The Wireless Platforms Market Report 2018 is an in depth study analyzing the current state of the Wireless Platforms Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wireless Platforms Market provides analysis of China market covering the industry trends, recent
Hoomband Wireless-Does Hoomband Wireless Work-Complete Info
Each individual is precise. This is why for the Hoom undertaking we've got studied the panorama of existing sound techniques with a purpose to create the most whole content library possible. Get the Hoomband Wireless these days. All our content material is distinct and studied mainly for inducing the deepest and quickest sleep feasible. You can be without difficulty over excited through hypnotic documentaries, at the same time as your partner
M2M Network Security market expected highest growth till 2028| Cisco Systems, Ge …
M2M Network Security market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global M2M Network Security market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026. This section of the report also lends veritable
Distributed Antenna System Market Study On Growth Factors For 2019-2025: BTI Wir …
The Distributed Antenna System market report is a comprehensive analysis on the study of Distributed Antenna System Industry. This report helps focus on the more important aspects of the market like what the market recent trends are. The base year for calculation in the report is taken as 2017 & 2018 the historic year is 2012 t0 2016 which will tell you how the market is going
Solid State Battery Market Segment Forecast by Top Competitors like BTI Wireless …
Global Solid State Battery Market, By Type (Thin-Film Batteries, Portable Batteries, Other Batteries), Capacity (Less Than 20 mAh, Between 20 mAh -500 mAh, 500 mAh, Above), Application (Consumer Electronics, Electric Vehicle, Energy Harvesting, Entertainment, Medical Devices, Packaging, Portable Devices, Smart Cards, Wearable Devices, Wireless Communication, Others), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025 Download Free Sample PDF Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-solid-state-battery-market
Distributed Antenna System (DAS) Market Comprehensive Analysis 2018 |By: HUBER+S …
This report contains all the company profiles of the key players and brands that making moves such as developments, product launches, joint ventures, merges and accusations which affect the Distributed Antenna System (DAS) Market, along with the company profiles the report also contains the market restrains and drivers which are derived through SWOT analysis of the Distributed Antenna System (DAS) Market. The report also gives an in-depth idea about what the