Wireless Audio Device Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031


Posted September 8, 2024 by Tan8121

Wireless audio device market is anticipated to grow at a considerable CAGR of 17.5% during the forecast period.

 
Wireless audio device market is anticipated to grow at a considerable CAGR of 17.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements, increasing consumer demand for wireless audio devices, and the growing popularity of smart devices. Further, the increasing adoption of wireless streaming services and the rising trend of audio content consumption is also expected to fuel the demand for wireless audio devices. For instance, in recent years, the demand for wireless headphones and earphones has significantly increased due to the convenience they offer and the rising trend of mobile audio streaming. For instance,

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Technology Bluetooth technology is expected to dominate the market owing to its widespread adoption and compatibility with a wide range of devices. For instance, in June 2022, Bose launched the SoundLink Flex portable Bluetooth speaker with a rugged and waterproof design (IP67), stable Bluetooth connectivity up to 30 ft (9 m), and clear, distortion-free sound. It comes in various colors and can be paired with other SoundLink Flex speakers or Bose Bluetooth speakers for Party Mode. It can also connect to Bose Smart Soundbars for remote audio monitoring.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Global Wireless Audio Device Market Report Segment

By Device

Headphones & Headsets
Earphones
Microphones
Speaker Systems & Soundbars
Others (Wireless Earbuds, Smart Speakers)

By Technology

Bluetooth
Wi-Fi
Airplay
Others ( Zigbee, Near Field Communication (NFC))

By Application

Residential/Individual
Commercial
Automotive

Global Wireless Audio Device Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East & Africa

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global wireless audio device market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who stands where’ in the market

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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated September 8, 2024