Global wireless audio devices- insights & trends

2018-05-22 16:01:53

According to a new report published by Reports Monitor titled, “global wireless audio devices Market, Growth Opportunities, Innovations and Forecast, 2017-2025, “global wireless audio devices Market” was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. 

The recent trends in the market is Bluetooth +Wi-Fi technology is gaining popularity among-st consumers. Combo wireless modules are mainly used in smart phones, smart meters, medical devices, and home audio devices. The increasing adoption of combo wireless modules for various applications are upcoming trends. Wireless audio devices technologies are Bluetooth, Wi-Fi, speakers, wireless speaker system, headsets & micro phone, are used to transmit and receive various audio signals through wireless technologies that doesn't involve use of any wires. That is no wires connecting the system.

You can put your system, device anywhere within the transmission range & no need for hiding any wires. It can help to set up a home theatre system. You can put these systems, devices on a swimming pool area, garden as per the individual convenience. But still these devices do require power & need to plug each device into a power source. Although there do exists systems that uses battery but in case of wireless speakers with battery may not offer quality sound. Radio waves & dropped signals could be other disadvantage if they do not match the frequency of the system. Wire less audio devices are used to transfer the files between the two devices. The Bluetooth accounted for highest popularity & Wi-Fi technology on the other hand is integrated into room speakers.

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This report provides a detailed analysis of global wireless audio devices market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth, opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches. the market for global pest control market is also driven by factors. Adoption of wireless technology due to its compact design & convenience. Rising adoption of mobile devices, and increasing applications of wireless audio devices in the commercial sector including, events, shows, call centers, and others. Penetrating market of infotainment devices ( devices that intend to entertain & inform both) such as televisions, PCS, mobile phones, laptops, tablets, and in-vehicle infotainment devices. The growing demand for mobility services for easy accessibility,  advanced features, portability, easy manageability, ease of installation,quick audio transmission & connectivity are the factors that are driving the growth of the global wireless audio devices market. Despite of the above factors the incompatibility of the Bluetooth technology with high resolution uncompressed audio files limits the use of wireless audio devices. Declining sound quality in Wi-Fi technology & unwanted noises. Strict government regulations have been imposed regarding the frequency range of audio devices, hearing problems are negatively impacting the market for adoption of the wireless audio devices technology. Even though portability, remote accessibility & the launch of latest technologies creating new opportunities . The leisure & hospitality industry create lot more opportunities for the global wireless audio devices market.

The wireless audio devices market is segmented on the basis of product type, technology and application.. The product type segment includes wireless headsets & microphones, wireless speaker systems, sound bars, and others including radio tuner, power amplifier, a/v controller. Based on technology, the market is segmented into Bluetooth, Wi-Fi, airplay, and others, including SKAA and so nos. The application segment comprises commercial, consumer, automotive, and others, including defense and security.

The wireless audio devices market is analyzed on the basis of geography as : North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia);South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Prominent players offering wireless audio devices across the globe include: Bose, DEI, Harman, Philips, Sennheiser Electronic, Shure, Sony, Vizio, VOXX, Apple, LogiTech, Boston Acoustics, KLIPSCH, Sonos, YAMAHA, Plantronics, Polk Audio, Jabra, SAMSUNG

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