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The Global Wireless Audio Devices Market Size is expected to reach $37,260.5 million by 2022, growing at a CAGR of 24.3% during 2016 -2022.
The Global Wireless audio devices are used to transmit and receive audio signals by means of wireless technologies such as Wi-Fi, Bluetooth, and AirPlay. Wireless headphones, microphones, speakers, sound bars, audio systems, radio tuners, etc. are some of the different types of wireless audio devices available in the market. Growing penetration of infotainment devices, rising adoption of mobile devices, and growing application areas of wireless audio devices in the commercial sector such as events, shows, call centers, and others are the key driving factors for the market.
Stringent government regulations have been imposed on the acceptable frequency range for audio devices, as the use of these devices at more than 85 decibels (dB) for 8 hours or more could have an adverse impact on the hearing ability of users. The adverse impact on the users would be a factor that would hinder the market growth. The report highlights the adoption of Wireless Audio Devices market, globally.
Based on the Product, the Wireless Audio Devices Market is segmented into Wireless Headsets & Microphones, Wireless Speaker Systems, Sound bars and Other segments. Based on the Technology, the market is bifurcated into Bluetooth, Wi-Fi, AirPlay and other segments. According to the Application, the Wireless Audio Devices Market is segmented into Commercial, Consumer, Automotive and Other segments. The geographies included in the report are North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).
Key players profiled in the report include Sony Corporation, Apple Inc., Philips, Sonos Inc., Zetec Inc., Sennheiser Electronic, Harman International, Shure Incorporated, Vizio Inc., Olympus Corporation.