Wireless Audio Market 2019-2024
Wireless technology is beneficial for the overall growth of the global semiconductor and electronics industry. The wireless technology is mainly used in audio device and audio streaming device to get the music streaming.
With the wireless connectivity continues to remain an important feature of audio products, Wireless Audio industry grow quickly in recent years.
Wireless Audio industry has historically had a rapid growth driven primarily by growth in smartphone and tablet. Other driving factors include the development of Bluetooth and WIFI technology. Bluetooth and WIFI has become a basic functionality in audio products.
America is the largest region, larger than the next largest, the Asia Pacific region in 2016. Soundbars and wireless speaker which widely used in home accounted for approximately 45.98% of US shipments. The major brand of Wireless Audio in US market include Bose, Harman, Philips, Sennheiser Electronic, Apple, Sony, Shure, Vizio, VOXX, DEI, LogiTech, Boston Acoustics, Sonos, YAMAHA, Plantronics, Jabra, Amazon, Google and other brand. Their products are manufactured from the original design and contract manufacturers in Asia.
Meanwhile, with the growth of smartphone shipment in Asia, Wireless Audio will have a fast growth in Asia region, the ODMs may elect to manufacture their own products that are similar to original brand. It will increase the additional competition from this companies, principally located in or originating from the Asia Pacific region, which offer very low cost products, including products modeled on, direct copies of, or counterfeits products. It will lead to cause market pricing pressure, customer dissatisfaction and harm to reputation and brand name.
According to this study, over the next five years the Wireless Audio market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Wireless Audio business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Wireless Audio market by product type, application, key manufacturers and key regions and countries.
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This study considers the Wireless Audio value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Sound Bar and Wireless Speakers
Wireless Headphones& Earphones
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Consumer and Home
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Wireless Audio consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wireless Audio market by identifying its various subsegments.
Focuses on the key global Wireless Audio manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wireless Audio with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Wireless Audio submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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