Wireless Audio Market by Product, Technology, Application and Geography – Global Forecast to 2022


Posted January 19, 2017 by Shirley

Wireless Audio Market by Product, Technology, Application and Geography – Global Forecast to 2022 is a professional and in-depth study.

 
MRRS adds "Wireless Audio Market by Product (Soundbar, Speaker, Headphones, Headset), Technology (Bluetooth, Wi-Fi, Sonos, AirPlay), Application (Home Audio, Consumer, Automotive, Commercial) and Geography – Global Forecast to 2022" latest studies, published in January 2017. It is a professional and in-depth study.

The wireless audio market is expected to reach USD 54.07 billion by 2022, at a CAGR of 23.2% between 2016 and 2022. There is an increasing demand for wireless audio products such as wireless headsets, headphones, speakers, and soundbars because of the growth of the market for smartphones, which are used as a source of entertainment, rise in the adoption of portable devices, high expenditure on R&D for wireless audio technology by OEMs, advancements in technologies, and growing demand for infotainment services.

“Consumer application is expected to grow at a highest CAGR during the forecast period”
The growth of the consumer application is majorly driven by the rapid growth of the markets for smartphones, computers, and tablets. Most of the smartphones, tablets, and computers in the market are equipped with inbuilt Bluetooth and Wi-Fi connectivity; thus, it’s very convenient for the users of smartphones, tablets, and computers to play music using wireless audio products. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

Breakup of profile of primary participants is given below:
• By Company Type: Tier 1 – 34%, Tier 2 – 40%, and Tier 3 – 26%
• By Designation: C-Level – 32%, Director Level – 28%, and Others – 40%
• By Region: Americas – 40%, Europe – 30%, APAC – 20%, and RoW – 10%

The various key market players profiled in the report are as follows:
• Apple Inc. (U.S.)
• Bose Corporation (U.S.)
• Sonos, Inc. (U.S.)
• DEI Holdings Inc. (U.S.)
• Harman International Industries, Incorporated (U.S.)
• Samsung Electronics Co., Ltd. (South Korea)
• Sennheiser Electronic GmbH & Co. KG (Germany)
• Sony Corporation (Japan)
• Vizio, Inc. (U.S.)
• Voxx International Corporation (U.S.)

Table Of Contents
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 GEOGRAPHIC SCOPE 14
1.3.3 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 INTRODUCTION 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Key industry insights 20
2.1.2.3 Breakdown of primaries 20
2.2 FACTOR ANALYSIS 21
2.2.1 INTRODUCTION 21
2.2.2 DEMAND-SIDE ANALYSIS 21
2.2.2.1 Growth of the consumer electronics market 21
2.2.3 SUPPLY-SIDE ANALYSIS 22
2.2.3.1 Spectrum available for the wireless audio transmission 22
2.2.3.2 Need for the single wireless audio standard 22
2.3 MARKET SIZE ESTIMATION 22
2.3.1 BOTTOM-UP APPROACH 23
2.3.2 TOP-DOWN APPROACH 23
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 24
2.5 RESEARCH ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 31
4.1 WIRELESS AUDIO MARKET OPPORTUNITIES 31
4.2 WIRELESS AUDIO MARKET, BY PRODUCT, 2015 32
4.3 GEOGRAPHIC SNAPSHOT OF THE WIRELESS AUDIO MARKET 33
4.4 WIRELESS AUDIO MARKET, BY CONSUMER APPLICATION, 2016–2022 (USD MILLION) 33
4.5 MARKET FOR SOUNDBARS, BY TYPE, 2016 VS. 2020 (USD MILLION) 34
...

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Last Updated January 19, 2017