This Wireless Audio Products Market market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Wireless Audio Products Market market.
The global wireless audio products market are used to transmit and receive various audio signals through wireless technologies, such as Bluetooth, Wi-Fi, NFC and AirPlay, among others. Wireless earphone and headphones, portable speakers, sound bars, and wireless home theater systems, multi room speakers, and others are various types of wireless audio products available in the market. Increasing applications of wireless audio devices in the commercial sector, increasing penetration of infotainment devices, rising adoption of mobile devices, and others are the key driving factors of the market. In addition, wireless audio devices find applications in various sectors, such as consumer, automotive, commercial, security & defense and others. Wireless audio products are used as support accessories for mobile devices such as smartphones, laptops/computers, and gaming consoles in the consumer sector. Commercial sector comprises wireless audio products used at office spaces, industries, and other commercial establishments such as IT parks, sports complex, educational institutes, and government offices. In addition, increasing use of advanced driver assistance system (ADAS), in-vehicle infotainment systems, and GPS devices has boosted the utilization of wireless headphones, speakers, and others in cars, trucks, buses, and other automobiles.
Global Wireless Audio Products Market: Drivers and Challenges
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Stringent government regulations have been imposed regarding the frequency range of audio products.Few other challenges faced by the vendors in the market include threat of piracy, lesser bandwidth of wireless connection. These are the factors that hinder the growth of global wireless audio product market.
Global Wireless Audio Products Market: Segmentation
Global wireless audio products market can be segmented into product type, sales channel, and sectors, price range.
On the basis of product type, global wireless audio products market can be segmented into portable, earphones and headphone, non-transportable and others
On the basis of sales channel, global wireless audio products market can be segmented into organized, unorganized and online/e-Commerce.
On the basis of sector, global wireless audio products market can be segmented into automotive, commercial, security and defence and others.
On the basis of price range, global wireless audio products market can be segmented into low and medium prices and HI end/Premium priced speakers.
Global Wireless Audio Products Market: Regional Outlook
On the basis of regions, global wireless audio products market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
North America is likely to continue its leading position over the forecast period. The growth of this regional market is largely fuelled by easy adoption and better disposable income among the population. The continuous penetration of consumer electronics is among the key factors for the healthy pace of growth of the Asia Pacific market which has the highest potential. Western Europe market holds a notable share in the global wireless audio products market as it is home to several key vendors for sound systems.
Global Wireless Audio Products Market: Competition Landscape
Some of the key players for wireless audio products market are Logitech/ UE, Bose Corporation, Philips, B&O, B&W, Harman International, Samsung Electronics, Beats Audio (Apple Inc.), Sony Corporation, Sonos Inc., Denon, Yamaha
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The report covers exhaustive analysis on:
- Wireless Audio Products Market Segments
- Wireless Audio Products Market Dynamics
- Wireless Audio Products Market Size, 2014 - 2016
- Wireless Audio Products Market Size & Forecast 2017 to 2027
- Value Chain Analysis
- Wireless Audio Products Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Wireless Audio Products Market Drivers and Restraints
Regional analysis for Wireless Audio Products Market includes development of these systems in the following regions:
- North America Market
- Latin America Market
- Rest of Latin America
- Western Europe Market
- Rest of Western Europe
- Eastern Europe Market
- Asia Pacific Market
- Australia and New Zealand (A&NZ)
- Rest of Asia Pacific
- Japan Market
- Middle East and Africa Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.