Wireless Audio Device Market Research Report- Global Forecast to 2027

Wireless Audio Device Market Research Report- Global Forecast to 2027

ID: MRFR/SEM/0318-CRR | June, 2016 | Region: Global | 80 pages | Cooked Research Reports

Global Wireless Audio Device Market, by Technology (Bluetooth, Airplay, Wi-Fi), by Application (Electronics, Automotive, Institute), by Product (Sound bar, Wireless microphone, Wireless headset) - Forecast 2027

Market Synopsis of Global Wireless Audio Device Market
Market Scenario
Wireless communication is the growing technology which allows transferring of information from one user to another with the help of radio signals. Wireless audio devices is a kind of devices which uses audio technologies such as Wi-Fi, Bluetooth and airplay to play the music from a computer or other devices. Wireless audio devices offers various features such as expandability, flexibility and connectivity among others. The devices are generally in the form of sound bars, bluetooth speakers, microphones and headsets.


Wireless audio devices are widely used in commercial sectors, such as media & entertainment, education and other various corporate events. For instance, wireless microphones are widely used in sports events. The media and entertainment market has been growing rapidly in the Asia-Pacific region which in turn is boosting the demand for wireless microphones.


The major growth driver of wireless audio device market include increasing implementation of wireless devices in commercial sector, increasing demand for wireless accessories with consumer electronic products and increasing usage of wireless devices by security & defence sector. However, high development cost of wireless audio device is expected to hinder the market growth in the forecast period 2016-2027.



Key Findings



  • The global Wireless Audio Device market is expected to reach USD 70 billion by 2027, growing with approximately 17% CAGR during forecast period 2016-2027.

  • By Product: Wireless speaker systems are dominating the market and has generated USD 4.48 billion in 2016. Whereas, Sound bar is expected to grow with fastest growing 21.37 % CAGR

  • By Technology: Bluetooth technology is dominating the market and expected to generate USD 36.46 billion market by 2027 growing with 18.95% CAGR.

  • North America is expected to dominate wireless audio device market throughout the forecast period.


 
Segments
Global Wireless Audio Device Market can be segmented as follows:


Segmentation by Product: wireless speaker systems, wireless headsets, sound bars, and wireless microphone among others.


Segmentation by Technology: Bluetooth, Wi-Fi, Airplay and, others.


Segmentation by End-User:  commercial, electronics, telecommunication, automotive, security & defence and others.


 
Regional Analysis of Wireless Audio Device Market:
North America is dominating the wireless audio device market followed by Asia-Pacific and Europe. The availability of low cost of consumer equipment and growing trend of smart phones are the growth drivers of wireless audio device market in North America. The US market among North America region is the leading economy in wireless audio device market and is expected to grow with a CAGR of more than 16% during the forecasted period of 2015-2027.Whereas, Asia-Pacific region is expected to grow with a highest rate due to growing advancement in the technology and growing demand and adoption of smartphones in the region.



Key Players
Some of the major players in global wireless audio device market include Sony Corporation (Japan), Bose Corporation (U.S.), Sennheiser Electronic Gmbh & Company Kg (Germany), LG Electronics (South Korea), Sonos, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), Vizio Holdings, Inc. (U.S.), Apple Inc. (U.S.), Voxx International Corporation (U.S.), and Samsung Electronics Co., Ltd (South Korea).


 


Intended Audience



  • Music and stereo companies

  • Smartphone and audio device manufacturers

  • Research

  • Financial institutes

  • Government


The report for Wireless Audio Device market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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TABLE OF CONTENTS

2.1 Market Drivers

2.2 Market Inhibitors

2.3 Supply Chain Analysis

2.4 Porter’s Five Forces Analysis

3.1 Introduction

3.2 Market by Sub-segment

3.2.1 Wireless Speaker System

3.2.2 Wireless Headsets

3.2.3 Sound Bar

3.2.4 Wireless Microphones

4.1 Introduction

4.2 Market by Sub-Segment

4.2.1 Bluetooth

4.2.2 Wi-Fi

4.2.3 Airplay

4.2.4 Others

5.1 Introduction

5.2 Market by Sub-segment

5.2.1 Commercial

5.2.2 Electronics

5.2.3 Telecommunications

5.2.4 Automotive

5.2.5 Security & Defence

6.1 Introduction

6.2 Market by Sub-segment

6.2.1 North America

6.2.2 Europe

6.2.3 Asia-Pacific

6.2.4 Rest of the world (ROW)

7.1 Introduction

7.2 Competitive Scenario

7.3 Market Share Analysis

7.4 Company Profiles

7.4.1 Sony Corporation

7.4.1.1 Company Overview

7.4.1.2 Product/Services Offering

7.4.1.3 Business Strategy

7.4.1.4 SWOT Analysis

7.4.2 Bose Corporation

7.4.2.1 Overview

7.4.2.2 Product/Services Offering

7.4.2.3 Business Strategy

7.4.2.4 SWOT Analysis

7.4.3 Koninklijke Philips N.V.

7.4.3.1 Company Overview

7.4.3.2 Product/Services Offering

7.4.3.3 Business Strategy

7.4.3.4 SWOT Analysis

7.4.4 Apple, Inc.

7.4.4.1 Company Overview

7.4.4.2 Product/Services Offering

7.4.4.3 Strategy

7.4.4.4 SWOT Analysis

7.4.5 Samsung Electronics

7.4.5.1 Company Overview

7.4.5.2 Product/Services Offering

7.4.5.3 Strategy

7.4.5.4 SWOT Analysis

7.4.6 LG Electronics

7.4.6.1 Company Overview

7.4.6.2 Product/Services Offering

7.4.7 Vizio Holdings Inc.

7.4.7.1 Company Overview

7.4.7.2 Product/Services Offering

7.4.8 Sennheiser Electronics GmbH & Company Kg

7.4.8.1 Company Overview

7.4.8.2 Product / Service Offering

7.4.9 Sonos Inc.

7.4.9.1 Overview

7.4.9.2 Product/Services Offering

7.4.10 Voxx International Corporation

7.4.10.1 Company Overview

7.4.10.2 Product/Services Offering

8.1 Scope of the Study

8.1.1 Research Objective

8.1.2 Assumption

8.1.3 Limitation

8.2 Market Structure

9.1 Research Process

9.2 Primary Research

9.3 Secondary Research

9.4 Market Size Estimation

9.5 Forecast Model

TABLE 1 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 2 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD MILLION UNITS)
TABLE 3 GLOBAL WIRELESS SPEAKER SYSTEM MARKET, 2016-2027 (USD BILLION)
TABLE 4 GLOBAL WIRELESS HEADSETS MARKET, 2016-2027 (USD BILLION)
TABLE 5 GLOBAL SOUND BARS MAREKT, 2016 - 2027 (USD BILLION)
TABLE 6 GLOBAL WIRELESS MICROPHONES MAREKT, 2016 -2027 (USD BILLION)
TABLE 7 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
TABLE 8 GLOBAL BLUETOOTH TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 9 GLOBAL WI-FI TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016- 2027 (USD BILLION)
TABLE 10 GLOBAL AIRPLAY TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 11 GLOBAL OTHER TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 12 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
TABLE 13 GLOBAL COMMERCIAL INDUSTRY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 14 GLOBAL ELECTRONICS WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 15 GLOBAL TELECOMMUNICATIONS WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 16 GLOBAL AUTOMOTIVE WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 17 GLOBAL SECURITY & DEFENCE WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
TABLE 18 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY REGION, 2016-2027 (USD BILLION)
TABLE 19 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY COUNTRIES, 2016-2027 (USD BILLION)
TABLE 20 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 21 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
TABLE 22 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
TABLE 23 EUROPE WIRELESS AUDIO DEVICE MARKET, BY COUNTRY, 2016-2027 (USD BILLION)
TABLE 24 EUROPE WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 25 EUROPE WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
TABLE 26 EUROPE WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
TABLE 27 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY COUNTRY, 2016-2027 (USD BILLION)
TABLE 28 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 29 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
TABLE 30 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
TABLE 31 REST OF THE WORLD WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
TABLE 32 MIDDLE EAST & AFRICA WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
TABLE 33 MIDDLE EAST & AFRICA WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
TABLE 34 GLOBAL WIRELESS AUDIO DEVICES MARKET, BY KEY 5 MANUFACTURER, 2015-2017, (USD MILLION UNITS)

FIGURE 1 GLOBAL WIRELESS AUDIO DEVICE MARKET: DRIVERS & RESTRAINT
FIGURE 2 GLOBAL WIRELESS AUDIO DEVICE MARKET SUPPLY CHAIN
FIGURE 3 GLOBAL WIRELESS AUDIO DEVICE MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 4 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016 & 2027 (USD BILLION)
FIGURE 5 GLOBAL WIRELESS SPEAKER SYSTEM MARKET, 2016-2027 (USD BILLION)
FIGURE 6 GLOBAL WIRELESS HEADSETS MARKET, 2016-2027 (USD BILLION)
FIGURE 7 GLOBAL SOUND BARS MARKET, 2016-2027 (USD BILLION)
FIGURE 8 GLOBAL WIRELESS MICROPHONES MAREKT, 2016-2027 (USD BILLION)
FIGURE 9 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016- 2027 (USD BILLION)
FIGURE 10 GLOBAL BLUETOOTH TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
FIGURE 11 GLOBAL WI-FI TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016- 2027 (USD BILLION)
FIGURE 12 GLOBAL AIRPLAY TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
FIGURE 13 GLOBAL OTHER TECHNOLOGY WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
FIGURE 14 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
FIGURE 15 GLOBAL COMMERCIAL INDUSTRY WIRELESS AUDIO DEVICE MARKET, 2016 -2027 (USD BILLION)
FIGURE 16 GLOBAL ELECTRONICS WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
FIGURE 17 GLOBAL TELECOMMUNICATIONS WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD BILLION)
FIGURE 18 GLOBAL AUTOMOTIVE WIRELESS AUDIO DEVICE MARKET, 2016-2027 (USD
FIGURE 19 GLOBAL SECURITY & DEFENCE WIRELESS AUDIO DEVICE MARKET, 2016 -2027 (USD BILLION)
FIGURE 20 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY REGION, 2016-2027 (USD BILLION)
FIGURE 21 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY COUNTRY, 2016-2027 (USD BILLION)
FIGURE 22 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
FIGURE 23 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
FIGURE 24 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
FIGURE 25 EUROPE WIRELESS AUDIO DEVICE MARKET, BY COUNTRY, 2016 -2027 (USD BILLION)
FIGURE 26 EUROPE WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
FIGURE 27 EUROPE WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
FIGURE 28 EUROPE WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
FIGURE 29 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY COUNTRY, 2016-2027 (USD BILLION)
FIGURE 30 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016 -2027 (USD BILLIOND)
FIGURE 31 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016 -2027 (USD BILLION)
FIGURE 32 ASIA-PACIFIC WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
FIGURE 33 REST OF THE WORLD WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2016-2027 (USD BILLION)
FIGURE 34 REST OF THE WORLD WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2016-2027 (USD BILLION)
FIGURE 35 MIDDLE EAST & AFRICA WIRELESS AUDIO DEVICE MARKET, BY END-USER, 2016-2027 (USD BILLION)
FIGURE 36 GLOBAL WIRELESS AUDIO DEVICE MARKET, COMPETITIVE SECENARIO, 2016
FIGURE 37 GLOBAL WIRELESS AUDIO DEVICE KEY PLAYERS MARKET SHARE, 2016 (%)
FIGURE 38 GLOBAL WIRELESS AUDIO DEVICE MARKET STRUCTURE
FIGURE 39 MRFR RESEARH PROCESS