PUBLISHER: TechNavio | PRODUCT CODE: 1151679
PUBLISHER: TechNavio | PRODUCT CODE: 1151679
Technavio has been monitoring the wireless audio devices market and is poised to grow by $57887.46 mn from 2023-2027, accelerating at a CAGR of 19.77% during the forecast period. Our report on the wireless audio devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the convenience of wireless technology, increasing penetration of smart devices, and the popularity of wireless streaming of audio content.
Technavio's wireless audio devices market is segmented as below:
By Product
By Application
By Geographical Landscape
This study identifies the advent of cloud-hosted music streaming services as one of the prime reasons driving the wireless audio devices market growth during the next few years. Also, technological advances and miniaturization, and high R&D investments will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wireless audio devices market vendors that include Apple Inc., Bose Corp., Earin AB, FKA Distributing Co. LLC, GN Store Nord AS, LG Electronics Inc., Masimo Corp., PHAZON, Plantronics Inc., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH and Co. KG, Shure Inc., Sonos Inc., Sony Group Corp., TruSound Audio, VIZIO Holding Corp. Inc., VOXX International Corp., Xiaomi Inc, Yamaha Corp., and Zound Industries International AB. Also, the wireless audio devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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