According to the latest report by IMARC Group, titled, “Wireless Audio Devices Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026“, The global wireless audio devices market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 18% during 2021-2026.
Wireless audio devices are electronic gadgets that receive and transfer sound signals via Bluetooth, radio frequency, Wi-Fi, and infrared technologies. They act as support accessories for laptops, smartphones, personal computers (PCs) and gaming consoles and assist in real-time wireless streaming of media. Some of the widely used wireless audio devices are headphones, earphones, amplifiers, speakers, soundbars and radio tuners.
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Market Trends
The thriving electronic industry on account of rapid urbanization, inflating income levels and the increasing reliance on smartphones represents one of the key factors bolstering the market growth. Moreover, increasing sales of automobiles are positively influencing the utilization of wireless audio devices across the globe. Apart from this, key players are introducing high-resolution product variants with robust connectivity to enhance the user experience. This, in confluence with the rising usage of portable devices like Bluetooth speakers, earphones, microphones, and headphones, is creating a positive outlook for the market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Wireless Audio Devices Market 2021-2026 Analysis and Segmentation:
Breakup by Product:
- Wireless Headsets and Microphones
- Wireless Speaker Systems
- Sound Bars
- Others
Breakup by Technology:
- Bluetooth
- Wi-Fi
- Airplay
- Others
Breakup by Application:
- Commercial
- Consumer
- Automotive
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Apple Inc.
- Bose Corporation
- Koninklijke Philips N.V
- Samsung Electronics Co. Ltd.
- Sennheiser electronic GmbH & Co. KG
- Shure Incorporated
- Sonos Inc.
- Sony Corporation
- VIZIO Inc.
- VOXX International Corporation.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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