The Global Wireless Audio Devices Market is projected to reach a value of over USD 211.4 billion by 2027 at a CAGR of around 19.6%.
Wireless technology is playing a vital role in the growth of semiconductors and the electronics industry. The technologies such as Bluetooth, Wi-Fi, radiofrequency, and many others are mostly used in various consumer electronic devices to reduce the wired connections and provide better audio quality. All wireless audio systems share some common components: audio source, transmitter, receiver, and audio reproduction device. The prominent players in the wireless audio systems market are Apple Inc., Sony Corporation, Bose Corporation, and Shure Incorporated among others.
Market Driver:
In today’s world, Smartphones, laptops, and tablets are come up with so many sensors to provide better user experience, and provide applications with enhanced information. The wireless technologies such as Bluetooth and Wi-Fi are replacing the wired technology to provide enhanced & premium experience, flexible operations, and easy accessibility to end users. Rising gaming industry, fitness applications, and rising disposable income, end users will choose wireless technology-based microphones, earphones, and many other devices. Addition to this, availability to connect wireless devices with Google Assistant, Siri, Alexa will add fuel in the growth of the wireless audio devices during forecast period.
Market Restraint:
Wireless mics and similar devices are designed to tune and operate on certain frequencies known as "spectrum bands." Most wireless mics today operate in the various unused portions of the broadcast television bands, including both VHF and UHF channels. They can be operated on either on a licensed basis, for qualifying users, or on an unlicensed basis, open to all who use the appropriate equipment, provided that users follow the applicable rules for operation on designated spectrum bands. According to FCC, the use of wireless mics and devices on unused broadcast channels on the 600 MHz service band and on the 700 MHz band – specifically the frequencies between 698 and 806 MHz. It did so because such use could cause harmful interference that disrupts or degrades communications in the spectrum bands that had been repurposed for use by public-safety networks and licensed commercial wireless services. Hence it will restrain the market during forecast period.
The report on the wireless audio devices market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
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Base Year for Market Calculation |
2020 |
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Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Technology, Product, Application, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Wireless Audio Devices Market, by Technology
Wireless Audio Devices Market, by Product
Wireless Audio Devices Market, by Application
Wireless Audio Devices Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Wireless Audio Devices MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
