Press release
Wireless Audio Device Market Size, Share, Growth, Trends And Forecast 2023-2032
Wireless Audio Device Market
Wireless Audio Device Market Size, Growth Rate, And Forecast:
The global wireless audio device market size grew from $26.28 billion in 2022 to $32.77 billion in 2023 at a compound annual growth rate (CAGR) of 24.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The wireless audio device market size is expected to grow to $77.97 billion in 2027 at a CAGR of 24.2%.
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Wireless Audio Device Market Drivers:
The rise in the adoption of wireless devices is expected to propel the growth of the wireless audio device market going forward. Wireless devices are electronic devices such as smartphones, routers, radios, tablets, Bluetooth mice, and keyboards that use radio signals to communicate and do not require a physical wire. The rapid increase in the adoption of wireless devices is promoting the demand for the adoption of wireless audio devices by consumers for entertainment purposes.
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Wireless Audio Device Market Segments
•By Product: Sound Bars, Wireless Speakers, Wireless Headsets And Microphones
•By Technology: Bluetooth, Wi-Fi, Airplay
•By Application: Commercial, Consumer, Automotive
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the wireless audio devices market.
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Wireless Audio Device Market Key Players:
Major competitors in the wireless audio devices market include Apple Inc., Boat Lifestyle, Bose Corporation, DEI Holdings Inc., Harman International Industries Inc., Koninklijke Philips N.V, LG Electronics, Logitech International S.A., Plantronics Inc., Samsung, Sennheiser electronic GmbH & Co. KG, Shure Incorporated, Sonos Inc., Sony Corporation, Vizio Inc., and Voxx International Corporation.
The Business Research Company's "Global Wireless Audio Device Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Wireless Audio Device Market Include:
1. Executive Summary
2. Wireless Audio Device Market Characteristics
3. Wireless Audio Device Market Trends And Strategies
4. Wireless Audio Device Market - Macro Economic Scenario
5. Wireless Audio Device Market Size And Growth
....
26. Africa Wireless Audio Device Market
27. Wireless Audio Device Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wireless Audio Device Market
29. Wireless Audio Device Market Future Outlook and Potential Analysis
30. Appendix
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