The global Wireless Audio Devices Market is expected to reach USD 194.85 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing demand for wireless audio devices from the commercial sectors and rising technological advancement for the production of innovation devices. Increasing investments in the R&D by the OEMs for the production of advanced devices is augmenting the demand for the industry.
The pandemic has severely disrupted the supply chain, raw material supplies, and demand for the product in the market, as China is one of the major suppliers for the raw materials as well as the finished product. The present condition can be a great opportunity for local manufacturers if they can efficiently cater to the growing demand.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Wireless Audio Devices Market.
Key participants include Harman International Industries, Inc., Apple Inc., Bose Corporation, Sony Corporation, Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH & Co. Kg, DEI Holdings, Inc., Plantronics, Inc., Sonos, Inc., and VIZIO, Inc., among others.
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
Emergen Research has segmented the global Wireless Audio Devices Market on the basis of Product, Technology, Application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Wireless Headsets & Microphones
Technology Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
The report considers the following timeline for market estimations:
Historical Years: 2016 – 2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020 – 2027
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Wireless Audio Devices market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Wireless Audio Devices market size
2.2 Latest Wireless Audio Devices market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global Wireless Audio Devices market key players
3.2 Global Wireless Audio Devices size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Wireless Audio Devices market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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