Press release
New report examines the Wireless Audio Devices market research for 2017
Wireless audio devices function to send and receive several audio signals via wireless technologies, namely, Wi-Fi, Bluetooth, and AirPlay. Wireless headphones, microphones, speakers, sound bars, and audio systems, radio tuners, and others are various types of wireless audio devices available in the market. Rise in demand of infotainment devices, increase in requirement of mobility services, increased application of audio devices in commercial sector and others are the key driving factors of the market. Negative impact on hearing ability by excessive usage and stringent government regulations on frequency of audio devices restrain the market growth. However, rapid technological advancement and increase in need for convenience such as ease in portability and remote accessibility among customers is expected to generate significant opportunities for the market players. Global wireless audio devices market is expected to grow at a CAGR of 26.1% from 2017 to 2025.Based on product, the market is bifurcated into wireless headsets & microphones, wireless speaker systems, sound bars, and others, which include radio tuner, power amplifier, A/V controller. Based on technology, the market is segmented into Bluetooth, Wi-Fi, AirPlay, and others, such as SKAA and Sonos. The application segment comprises commercial, consumer, automotive, and others (defense and security). The wireless audio devices market is studied across North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
• Rise in demand of infotainment devices
• Increase in requirement of mobility services
• Increased application of audio devices in commercial sector
Restraints:
• Negative impact on hearing ability due to excessive usage
• Stringent government regulations on frequency of audio device
Market Players:
Top market players profiled in the report are Bose Corporation, Apple Inc., Sennheiser Electronic GMBH & Co. KG, HARMAN International Industries, Incorporated, VOXX International Corporation, Sony Corporation, Shure Incorporated, Sonos Inc., Koninklijke Philips N.V., and VIZIO, Inc.
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MARKET LANDSCAPE
By Product
• Wireless Headsets & Microphones
• Wireless Speaker Systems
• Sound Bars
• Others (Radio Tuner, Power Amplifier, A/V Controller
By Technology
• Bluetooth
• Wi-Fi
• Airplay
• Others
By Application
• Commercial
• Consumer
• Automotive
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o Australia
o China
o Japan
o India
o Singapore
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o Rest of LAMEA
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