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The future of the wireless audio market looks promising with opportunities in the home audio, commercial, consumer, automotive, and other industries. The global wireless audio market is expected to grow with a CAGR of 17% to 19% from 2021 to 2026. The major drivers for this market are increasing R&D expenditure by OEMs for the development of new and advanced wireless audio devices, growth in the infotainment device market, and increasing consumer preference for wireless audio devices in the commercial and residential sectors.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of wireless audio market report download the report brochure.
The study includes trends and forecasts for the global wireless audio market by product, technology, functionality, application, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
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Headphones
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Headsets
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Speaker Systems
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Soundbars
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Microphones
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Others
By Technology [$M shipment analysis for 2015 – 2026]:
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Smart Devices
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Non-Smart Devices
By Functionality [$M shipment analysis for 2015 – 2026]:
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Bluetooth
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Wi-Fi
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Bluetooth+Wi-Fi
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AirPlay
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Radio Frequency
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Others
By Application [$M shipment analysis for 2015 – 2026]:
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Home Audio
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Commercial
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Consumer
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Automotive
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Bluetooth+Wi-Fi functionality based wireless devices are expected to witness the highest growth over the forecast period due to growing consumer demand for cost-effective and compact wireless audio devices.
Consumers will remain the largest end use segment during the forecast period due to increasing demand for smartphones. Smartphones enabled with bluetooth+WiFi are among the most used technologies by common users.
Asia Pacific will remain the largest region during the forecast period due to increasing consumer demand and rising number of smartphone users.
Some of the wireless audio companies profiled in this report include Apple Inc., HARMAN International Industries Inc., Bose Corporation, Sonos Inc., Sony Corporation, DEI Holdings, Inc., Sennheiser Electronic GmbH & Co. KG, VIZIO, Inc., VOXX International Corporation, and Plantronics Inc.
Features of Wireless Audio Market
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Market Size Estimates: Wireless Audio market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by product, technology, functionality, and application
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Regional Analysis: Wireless Audio market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different product, technology, functionality, application, and regions for wireless audio market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the wireless audio market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global wireless audio market by product type (bluetooth, Wi-Fi, bluetooth+Wi-Fi, airplay, radio frequency, and others), technology (smart devices and non-smart devices), functionality (bluetooth, Wi-Fi, bluetooth+Wi-Fi, airplay, radio frequency, and others), application (home audio, commercial, consumer, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the wireless audio market?
Q.5 What are the business risks and threats to the wireless audio market?
Q.6 What are the emerging trends in the wireless audio market and the reasons behind them?
Q.7 What are some changing demands of customers in the wireless audio market?
Q.8 What are the new developments in the wireless audio market? Which companies are leading these developments?
Q.9 Who are the major players in the wireless audio market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the wireless audio market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the wireless audio market? |