Progressive Markets has published a report, titled, Global Wireless Audio Devices Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025.
As per the report, the Global wireless audio devices market is expected to register a CAGR of 26.1% from 2017 to 2025. The report offers an extensive analysis of changing market dynamics, major manufacturers, and key segments.
The research also explores key regions to highlight emerging economies and untapped geographies. The report is a helpful source of information for market players and investors to determine competitive scenario and devise strategies for growth.
Key findings of the global wireless audio devices market are outlined along with current market trends. The research offers competitive landscape and recent developments in the industry for the historic period, 2014-2016. Research methodology implemented by analysts to gather data and statistics is mentioned. Inputs from industry experts and online surveys are conducted to validate data. An executive summary of the market helps in gaining understanding of current market status.
Research Factor Included in Wireless Audio Devices Industry
The research provides a market landscape of the global wireless audio devices industry based on drivers and restraints & challenges. Increase in demand of infotainment devices, growth in requirement of mobility services, and rise in application of audio devices in commercial sector are driving forces analyzed in the study. However, adverse impact on hearing ability due to excessive usage and strict government regulations on frequency of audio device are challenges manufacturers need to overcome. Porters Five Forces analysis is provided in the report to outline level of competition and steps need to be taken to gain competitive edge. Bargaining power of buyers, bargaining power of suppliers, threat of substitutes, industry rivalry, and threat of new entrants are parameters analyzed in the research. The report also offers market share analysis for key segments with the help of tables and figures for the period, 2014-2025.
Segmentation of Wireless Audio Devices Market by Product and Technology
The report offers a comprehensive analysis of key segments of the global wireless audio devices industry. The research segments the market into product, technology, application, and geography. Based on product, the report offers analysis of wireless headsets & microphones, wireless speaker systems, sound bars, and others. Technology segment is classified into Bluetooth, Wi-Fi, airplay, and others. Applications analyzed in the study are commercial, consumer, automotive, and others. Geographical analysis is provided for regions including North America, Europe, Asia-Pacific, and LAMEA. Market size of each segment for aforementioned regions is offered for the historic period and forecast period. In addition, countries in each region are also analyzed. Revenue generated by each segment in region is outlined in a tabular format along with its CAGR over 2017- 2025.
Key Manufacturer of Global Wireless Audio Devices Market
The report offers an extensive analysis of key manufacturers operating in the global wireless audio devices market. Business overview and recent developments are outlined in the study along with financial and business segments. These insights are helpful to determine strategies for collaborations, agreements, and partnerships. Moreover, it also assists market players determine competitive intensity. Key market players analyzed in the research are Bose Corporation, Sennheiser Electronic GMBH & Co. KG, Apple Inc., Harman International Industries Inc., Sony Corporation, VOXX International Corporation, Shure Incorporated, Koninklijke Philips N.V., Sonos Inc., and VIZIO, Inc. The report presents a detailed view of the industry to help market players, decision markers, stakeholders, and investors devise strategies to gain stronghold in the industry.