Wireless Audio Device Market with COVID-19 Impact Analysis Product, Technology (Bluetooth, Wi-Fi, Bluetooth+Wi-Fi, Airplay), Application (Home Audio, Consumer, Commercial, Automotive), Functionality and Region - Global Forecast to 2026
The wireless audio device market size is projected to grow from USD 69.6 billion in 2021 and to reach USD 153.3 billion by 2026; it is expected to grow at a CAGR of 17.1% during the forecast period. The key factors contributing to the growth of the market include a surge in global demand for infotainment devices and increased R&D expenditure by OEMs for the development of new and advanced wireless audio devices are some of the prominent factors for the growth of the wireless audio device market globally.
The market for true wireless audio device/earbuds could grow at the highest CAGR during the forecast period
The true wireless hearables or earbuds segment is expected to witness exponential growth during the forecast period owing to the high demand for true wireless hearables among the consumer segment. The major player in the market, Apple (US), has a major market share in the true wireless hearables category. The other prominent players offering true wireless hearables are Samsung (South Korea), Bose Corporation (US), Sony Corporation (Japan), GN Group (Denmark), etc. The gradual shift from wired audio devices to wireless audio devices has resulted in major demand for earbuds. Moreover, the significant penetration of smartphones has also facilitated the growth of true wireless hearables.
The market for Bluetooth technology is estimated to account for the largest share during the forecast period in wireless audio device market
The Bluetooth segment of the wireless audio device market is projected to grow at the highest CAGR during the forecast period. Audio streaming in wireless audio devices used in consumer electronics is carried out using Bluetooth technology. The growth of this segment can be attributed to the initiatives undertaken by manufacturers to increase the throughput of wireless audio devices equipped with Bluetooth technology that is used in consumer electronics.
Wireless audio device market in the APAC is expected to witness a robust growth during 2021-2026
The wireless audio device market in APAC is projected to grow at the highest CAGR from 2021 to 2026. APAC, being the most populated region in the world, is witnessing increased demand for consumer electronics, such as smartphones and tablets, thereby leading to the growth of the wireless audio device market in the region. The growing penetration of smart devices is another factor driving the growth of wireless audio devices in the region. North America is the largest market in terms of market size owing to the offerings made by the established players such as Apple, Sonos, Bose Corporation, Sound United, etc.
The breakup of primaries conducted during the study is depicted below:
Research Coverage
The report segments the wireless audio device market and forecasts its size, by volume and value, based on region (North America, Europe, Asia Pacific, and RoW), product (headphones, earphones, true wireless hearables/earbuds, speaker systems, headsets, soundbars, microphones), technology (Bluetooth, Wi-Fi, Bluetooth+Wi-Fi, Airplay, Others), application (home audio, consumer, commercial, automotive and others), functionality (smart devices and non-smart devices)
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the wireless audio device market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying This Report
The market for true wireless audio device/earbuds could grow at the highest CAGR during the forecast period
The true wireless hearables or earbuds segment is expected to witness exponential growth during the forecast period owing to the high demand for true wireless hearables among the consumer segment. The major player in the market, Apple (US), has a major market share in the true wireless hearables category. The other prominent players offering true wireless hearables are Samsung (South Korea), Bose Corporation (US), Sony Corporation (Japan), GN Group (Denmark), etc. The gradual shift from wired audio devices to wireless audio devices has resulted in major demand for earbuds. Moreover, the significant penetration of smartphones has also facilitated the growth of true wireless hearables.
The market for Bluetooth technology is estimated to account for the largest share during the forecast period in wireless audio device market
The Bluetooth segment of the wireless audio device market is projected to grow at the highest CAGR during the forecast period. Audio streaming in wireless audio devices used in consumer electronics is carried out using Bluetooth technology. The growth of this segment can be attributed to the initiatives undertaken by manufacturers to increase the throughput of wireless audio devices equipped with Bluetooth technology that is used in consumer electronics.
Wireless audio device market in the APAC is expected to witness a robust growth during 2021-2026
The wireless audio device market in APAC is projected to grow at the highest CAGR from 2021 to 2026. APAC, being the most populated region in the world, is witnessing increased demand for consumer electronics, such as smartphones and tablets, thereby leading to the growth of the wireless audio device market in the region. The growing penetration of smart devices is another factor driving the growth of wireless audio devices in the region. North America is the largest market in terms of market size owing to the offerings made by the established players such as Apple, Sonos, Bose Corporation, Sound United, etc.
The breakup of primaries conducted during the study is depicted below:
- By Company Type: Tier 1 – 55 %, Tier 2 – 25%, and Tier 3 –20%
- By Designation: Directors– 50%, Managers – 30%, and Others – 20%
- By Region: Americas– 40%, Europe – 35%, APAC – 20%, and RoW – 5%
Research Coverage
The report segments the wireless audio device market and forecasts its size, by volume and value, based on region (North America, Europe, Asia Pacific, and RoW), product (headphones, earphones, true wireless hearables/earbuds, speaker systems, headsets, soundbars, microphones), technology (Bluetooth, Wi-Fi, Bluetooth+Wi-Fi, Airplay, Others), application (home audio, consumer, commercial, automotive and others), functionality (smart devices and non-smart devices)
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the wireless audio device market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying This Report
- This report includes the market statistics pertaining to product, technology, application, functionality and region
- An in-depth value chain analysis has been done to provide deep insight into the wireless audio device market.
- Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
- The report includes an in-depth analysis and ranking of key players.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSION AND EXCLUSION
1.4 MARKETS COVERED
FIGURE 1 WIRELESS AUDIO DEVICE MARKET SEGMENTATION
1.4.1 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 INTRODUCTION
FIGURE 2 WIRELESS AUDIO DEVICE MARKET: RESEARCH DESIGN
2.2 RESEARCH DATA
FIGURE 3 WIRELESS AUDIO DEVICE MARKET: RESEARCH APPROACH
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.1.2 Secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Key industry insights
2.2.2.3 Breakdown of primary interviews
2.2.2.4 Primary sources
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.3.2 WIRELESS AUDIO DEVICE MARKET SIZE ESTIMATION:
DEMAND-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS
2.3.3 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3.4 WIRELESS AUDIO DEVICE MARKET SIZE ESTIMATION:
SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
2.4 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RISK ASSESSMENT
TABLE 1 ANALYSIS OF RISK FACTORS
3 EXECUTIVE SUMMARY
3.1 POST-COVID-19: REALISTIC SCENARIO
3.2 POST-COVID-19: OPTIMISTIC SCENARIO
3.3 POST-COVID-19: PESSIMISTIC SCENARIO
FIGURE 9 PRE- AND POST-COVID-19 SCENARIO ANALYSIS FOR WIRELESS AUDIO DEVICE MARKET, 2017–2026
FIGURE 10 TRUE WIRELESS HEARABLES/EARBUDS SEGMENT TO HOLD THE LARGEST SIZE OF THE WIRELESS AUDIO DEVICE MARKET IN 2026
FIGURE 11 CONSUMER SEGMENT OF WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 12 BLUETOOTH SEGMENT OF WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 13 NORTH AMERICA HELD THE LARGEST SHARE OF THE WIRELESS AUDIO DEVICE MARKET IN 2020 IN TERMS OF VALUE
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE WIRELESS AUDIO DEVICE MARKET
FIGURE 14 WIRELESS AUDIO DEVICE MARKET TO WITNESS LUCRATIVE GROWTH OPPORTUNITIES FROM 2021 TO 2026
4.2 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY
FIGURE 15 BLUETOOTH SEGMENT HELD THE LARGEST SHARE OF WIRELESS AUDIO DEVICE MARKET IN 2020
4.3 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT
FIGURE 16 TRUE WIRELESS HEARABLES/EARBUDS SEGMENT OF WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
4.4 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION
FIGURE 17 CONSUMER SEGMENT PROJECTED TO HOLD THE LARGEST SHARE OF WIRELESS AUDIO DEVICE MARKET IN 2026
4.5 GEOGRAPHICAL SNAPSHOT OF THE WIRELESS AUDIO DEVICE MARKET, 2021–2026
FIGURE 18 WIRELESS AUDIO DEVICE MARKET IN INDIA TO GROW AT THE HIGHEST RATE FROM 2021 TO 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 WIRELESS AUDIO DEVICE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Surge in global demand for infotainment devices
FIGURE 20 GLOBAL SHIPMENT OF SMARTPHONES FROM 2019 TO 2023
5.2.1.2 Rise in the use of wireless audio devices in the commercial sector
5.2.1.3 Increased R&D expenditure by OEMs for the development of new and advanced wireless audio devices
5.2.1.4 Digital transformation brought by the COVID-19 pandemic
FIGURE 21 WIRELESS AUDIO DEVICE MARKET DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Restrictions on the use of radiofrequency spectrum by
wireless audio equipment
5.2.2.2 Health issues resulting from prolonged use of audio devices
5.2.2.2.1 Hearing impairment resulting from continuous and prolonged exposure to audio
5.2.2.2.2 Interference caused by wireless audio devices in the functioning of implanted medical devices
FIGURE 22 WIRELESS AUDIO DEVICE MARKET RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Moving beyond the era of using headphones for audio only
5.2.3.1.1 Tracking health and fitness of wearers
5.2.3.1.2 Controlling electrical appliances in connected homes
5.2.3.2 Advent of smart speakers
5.2.3.3 Increased demand for home theaters and LCDs
FIGURE 23 WIRELESS AUDIO DEVICE MARKET OPPORTUNITIES AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Effect of bandwidth constraints, coding delays, and bit errors on audio quality
FIGURE 24 WIRELESS AUDIO DEVICE MARKET CHALLENGES AND THEIR IMPACT
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING MANUFACTURING AND MARKETING & SALES, AND DISTRIBUTION PHASES
6.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 2 PORTERS FIVE FORCES IMPACT ON THE WIRELESS
AUDIO DEVICE MARKET, 2020
FIGURE 26 WIRELESS AUDIO DEVICE MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITION RIVALRY
6.4 AVERAGE SELLING PRICE TRENDS
FIGURE 27 ASP TRENDS FOR WIRELESS HEADPHONES, EARPHONES, TRUE WIRELESS HEARABLES/EARBUDS, AND HEADSETS (2020–2026)
6.5 MARKET ECOSYSTEM
TABLE 3 WIRELESS AUDIO DEVICE MARKET: ECOSYSTEM
FIGURE 28 WIRELESS AUDIO DEVICE MARKET ECOSYSTEM
6.6 TECHNOLOGY ANALYSIS
6.6.1 NEXT GENERATION OF BLUETOOTH AUDIO
6.6.2 IMPROVEMENTS IN VOICE AI AND MACHINE LEARNING
6.7 REVENUE SHIFT AND NEW REVENUE POCKETS FOR THE WIRELESS AUDIO DEVICE MARKET
FIGURE 29 REVENUE SHIFT IN WIRELESS AUDIO DEVICE MARKET
6.8 PATENT ANALYSIS
TABLE 4 IMPORTANT INNOVATIONS AND PATENT REGISTRATIONS, 2014–2020
FIGURE 30 NUMBER OF PATENTS GRANTED FROM 2011 TO 2020 FOR
WIRELESS AUDIO DEVICE
6.9 TRADE DATA
TABLE 5 IMPORT DATA OF KEY COUNTRIES FOR HS CODE 851830 HEADPHONES AND EARPHONES, 2016–2020 (USD THOUSAND)
TABLE 6 EXPORT DATA OF KEY COUNTRIES FOR HS CODE 851830 HEADPHONES AND EARPHONES, 2016–2020 (USD THOUSAND)
6.10 TARIFF AND REGULATORY LANDSCAPE
6.11 CASE STUDIES
6.11.1 PARTNERSHIP OF PLANTRONICS WITH SALESFORCE
6.11.2 DEPLOYMENT OF MUSIC SYSTEM AT PSALMS OF DAVID FESTIVAL, POLAND
7 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT
7.1 INTRODUCTION
FIGURE 31 TRUE WIRELESS HEARABLES OF WIRELESS AUDIO DEVICE MARKET PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 7 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 8 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 9 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2017–2020 (MILLION UNITS)
TABLE 10 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
7.2 HEADPHONES
7.2.1 INCREASED POPULARITY OF WIRELESS HEADPHONES FUELING THE GROWTH OF THIS SEGMENT OF THE MARKET
TABLE 11 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 12 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 13 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY REGION, 2017–2020 (USD BILLION)
TABLE 14 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY REGION, 2021–2026 (USD BILLION)
7.3 EARPHONES
7.3.1 RISING PENETRATION OF SMARTPHONES HAS PROPELLED THE GROWTH OF WIRELESS EARPHONES
TABLE 15 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY TECHNOLOGY, 2017–2020 (USD BILLION)
FIGURE 32 BLUETOOTH TECHNOLOGY FROM THE WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 16 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 17 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY REGION, 2017–2020 (USD BILLION)
TABLE 18 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY REGION, 2021–2026 (USD BILLION)
7.4 TRUE WIRELESS HEARABLES/ EARBUDS
7.4.1 TRUE WIRELESS HEARABLES TO WITNESS AN EXPONENTIAL GROWTH DURING THE FORECAST PERIOD
TABLE 19 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 20 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 21 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY REGION, 2017–2020 (USD BILLION)
TABLE 22 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY REGION, 2021–2026 (USD BILLION)
7.5 HEADSETS
7.5.1 IN-BUILT MICROPHONES IN HEADSETS ALLOW USERS TO MULTI-TASK BY PROVIDING THEM HANDS-FREE TALK-TIME
TABLE 23 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 24 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 25 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY REGION, 2017–2020 (USD BILLION)
FIGURE 33 HEADSETS IN WIRELESS AUDIO DEVICE MARKET FOR APAC PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 26 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY REGION, 2021–2026 (USD BILLION)
7.6 SPEAKER SYSTEMS
7.6.1 INCREASED DEMAND FOR WIRELESS SPEAKER SYSTEMS TO MEET SPECIFIC REQUIREMENTS OF SPECIFIC APPLICATIONS
TABLE 27 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 28 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 29 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY REGION, 2017–2020 (USD BILLION)
TABLE 30 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY REGION, 2021–2026 (USD BILLION)
7.7 SOUNDBARS
7.7.1 COMPATIBILITY OF WIRELESS SOUNDBARS WITH TV SETS, SMARTPHONES, AND MUSIC SYSTEMS IS LEADING TO THEIR POPULARITY
TABLE 31 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
FIGURE 34 BLUETOOTH TECHNOLOGY FOR WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS TO HOLD A MAJOR SHARE DURING THE FORECAST PERIOD
TABLE 32 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 33 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY REGION, 2017–2020 (USD BILLION)
TABLE 34 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY REGION, 2021–2026 (USD BILLION)
7.8 MICROPHONES
7.8.1 CONTINUOUS TECHNOLOGICAL ADVANCEMENTS AND IMPROVEMENTS IN OUTPUT SOUND QUALITY OF WIRELESS MICROPHONES FUELING THEIR POPULARITY GLOBALLY
TABLE 35 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 36 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 37 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY REGION, 2017–2020 (USD BILLION)
TABLE 38 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY REGION, 2021–2026 (USD BILLION)
8 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY
8.1 INTRODUCTION
FIGURE 35 BLUETOOTH SEGMENT PROJECTED TO GROW AT THE HIGHEST RATE
FROM 2021 TO 2026
TABLE 39 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 40 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2021–2026 (USD BILLION)
8.2 BLUETOOTH
8.2.1 COST-EFFECTIVENESS AND COMPATIBILITY OFFERED BY BLUETOOTH TECHNOLOGY ARE LEADING TO INCREASED GLOBAL DEMAND FOR WIRELESS AUDIO DEVICES EQUIPPED WITH THIS TECHNOLOGY
TABLE 41 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 42 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 43 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY APPLICATION, 2017–2020 (USD BILLION)
FIGURE 36 THE CONSUMER SEGMENT IS PROJECTED TO GROW AT THE HIGHEST RATE FROM 2021 TO 2026
TABLE 44 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY APPLICATION, 2021–2026 (USD BILLION)
8.3 WI-FI
8.3.1 SECURE OPERATIONS CARRIED OUT BY WI-FI-ENABLED AUDIO DEVICES LEADING TO A RISE IN THE USE OF THIS TECHNOLOGY GLOBALLY
TABLE 45 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 46 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 47 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 48 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY APPLICATION, 2021–2026 (USD BILLION)
8.4 BLUETOOTH+WI-FI
8.4.1 INTEGRATION OF WI-FI AND BLUETOOTH TECHNOLOGIES ON SINGLE IC TO LEAD TO THE DEVELOPMENT OF COST-EFFECTIVE AND COMPACT WIRELESS AUDIO DEVICES
TABLE 49 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH + WI-FI, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 50 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH + WI-FI, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 51 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH+WI-FI, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 52 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH+WI-FI, BY APPLICATION, 2021–2026 (USD MILLION)
8.5 AIRPLAY
8.5.1 INCREASED USE OF AIRPLAY TECHNOLOGY FOR WIRELESS STREAMING OF DATA ON DEVICES SUPPORTED BY APPLE
TABLE 53 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY PRODUCT, 2017–2020 (USD MILLION)
FIGURE 37 TRUE WIRELESS HEARABLES/EARBUDS PROJECTED TO GROW AT THE HIGHEST RATE FROM 2021 TO 2026 FOR AIRPLAY TECHNOLOGY
TABLE 54 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 55 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 56 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY APPLICATION, 2021–2026 (USD MILLION)
8.6 RADIO FREQUENCY
8.6.1 INCREASED ADOPTION OF RADIO FREQUENCY TECHNOLOGY IN WIRELESS AUDIO DEVICES TO TRANSMIT HIGH-QUALITY AUDIO OVER A LONG DISTANCE
TABLE 57 WIRELESS AUDIO DEVICE MARKET FOR RADIO FREQUENCY, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 58 WIRELESS AUDIO DEVICE MARKET FOR RADIO FREQUENCY, BY PRODUCT, 2021–2026 (USD BILLION)
8.7 OTHERS
TABLE 59 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 60 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 61 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 62 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY APPLICATION, 2021–2026 (USD MILLION)
8.7.1 WISA (WIRELESS SPEAKER & AUDIO)
8.7.2 KLEERNET
8.7.3 ALLPLAY
8.7.4 SKAA
8.7.5 PLAY-FI
8.7.6 INFRARED (IR)
9 WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY
9.1 INTRODUCTION
TABLE 63 WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY, 2017–2020 (USD BILLION)
FIGURE 38 WIRELESS AUDIO DEVICE MARKET FOR SMART DEVICES TO GROW AT A HIGHER CAGR FROM 2021 TO 2026
TABLE 64 WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY, 2021–2026 (USD BILLION)
9.2 SMART DEVICES
9.2.1 RISE IN THE USE OF SMART WIRELESS AUDIO DEVICES TO TRACK HEALTH AND FITNESS OF USERS BY RECORDING AND SAVING INFORMATION RELATED TO THEIR WORKOUTS
9.3 NON-SMART DEVICES
9.3.1 USE OF NON-SMART WIRELESS AUDIO DEVICES FOR AUDIO AMPLIFICATION AND ENHANCEMENT
10 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 39 CONSUMER APPLICATION TO WITNESS A HIGH GROWTH IN THE WIRELESS AUDIO DEVICE MARKET DURING THE FORECAST PERIOD
TABLE 65 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 66 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
10.2 HOME AUDIO
10.2.1 INCREASED USE OF WIRELESS AUDIO DEVICES FOR IN-HOME APPLICATIONS FUELING GROWTH OF THE WIRELESS AUDIO DEVICE MARKET
TABLE 67 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 68 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 69 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY REGION, 2017–2020 (USD BILLION)
TABLE 70 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY REGION, 2021–2026 (USD BILLION)
10.3 PROFESSIONAL
10.3.1 COVID-19 HAS SEVERELY IMPACTED THE PROFESSIONAL SEGMENT OF
THE WIRELESS AUDIO DEVICE MARKET
TABLE 71 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY TECHNOLOGY, 2017–2020 (USD BILLION)
FIGURE 40 BLUETOOTH TECHNOLOGY TO HOLD A MAJOR PORTION OF THE WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL APPLICATION DURING THE FORECAST PERIOD
TABLE 72 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 73 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY REGION, 2017–2020 (USD BILLION)
TABLE 74 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY REGION, 2021–2026 (USD BILLION)
10.4 CONSUMER
10.4.1 RISE IN ADOPTION OF TECHNOLOGICALLY-ADVANCED SMARTPHONES
BY CONSUMERS FUELING THE GROWTH OF THE WIRELESS
AUDIO DEVICE MARKET
TABLE 75 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 76 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 77 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY REGION, 2017–2020 (USD BILLION)
TABLE 78 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY REGION, 2021–2026 (USD BILLION)
10.5 AUTOMOTIVE
10.5.1 INCREASED DEMAND FOR WIRELESS AUDIO DEVICES IN LUXURY AUTOMOBILES TO SPUR THE GROWTH OF THE WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE
TABLE 79 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 80 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 81 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY REGION, 2017–2020 (USD BILLION)
FIGURE 41 NORTH AMERICA TO HOLD THE MAJOR SHARE IN THE WIRELESS
AUDIO DEVICE MARKET FOR AUTOMOTIVE APPLICATION DURING THE FORECAST PERIOD
TABLE 82 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY REGION, 2021–2026 (USD BILLION)
10.6 OTHERS
TABLE 83 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 84 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 85 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY REGION, 2017–2020 (USD BILLION)
FIGURE 42 APAC TO WITNESS A HIGH GROWTH WIRELESS AUDIO DEVICE MARKET FOR OTHER APPLICATIONS DURING THE FORECAST PERIOD
TABLE 86 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY REGION, 2021–2026 (USD BILLION)
11 GEOGRAPHIC ANALYSIS
11.1 INTRODUCTION
FIGURE 43 THE WIRELESS AUDIO DEVICE MARKET IN INDIA IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 87 WIRELESS AUDIO DEVICE MARKET, BY REGION, 2017–2020 (USD BILLION)
TABLE 88 WIRELESS AUDIO DEVICE MARKET, BY REGION, 2021–2026 (USD BILLION)
11.2 NORTH AMERICA
FIGURE 44 NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET SNAPSHOT
TABLE 89 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 90 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 91 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 92 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 93 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY COUNTRY, 2017–2020 (USD BILLION)
TABLE 94 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY COUNTRY, 2021–2026 (USD BILLION)
11.2.1 IMPACT OF COVID-19 ON THE WIRELESS AUDIO DEVICE MARKET
IN NORTH AMERICA
11.2.2 US
11.2.2.1 Presence of the majority of manufacturers of wireless audio
devices in the US fueling the growth of the wireless audio device market in the country
11.2.3 CANADA
11.2.3.1 Preference of the Canadian population to adopt innovative
products contributing to the growth of the wireless audio device market in the country
11.2.4 MEXICO
11.2.4.1 Increased investments in the consumer electronics industry of Mexico contributing to the growth of the wireless audio device market in the country
11.3 EUROPE
FIGURE 45 EUROPE: WIRELESS AUDIO DEVICE MARKET SNAPSHOT
TABLE 95 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 96 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 97 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 98 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 99 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY COUNTRY, 2017–2020 (USD BILLION)
TABLE 100 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY COUNTRY, 2021–2026 (USD BILLION)
11.3.1 IMPACT OF COVID-19 ON THE WIRELESS AUDIO DEVICE MARKET IN EUROPE
11.3.2 UK
11.3.2.1 The willingness of users to invest in wireless audio devices to fuel the growth of the market in the UK
11.3.3 GERMANY
11.3.3.1 The popularity of soundbars and wireless streaming speakers in Germany to spur the growth of the wireless audio device
market in the country
11.3.4 FRANCE
11.3.4.1 Rise in demand for wireless audio devices for home entertainment applications contributing to the growth of the market in France
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC (APAC)
FIGURE 46 APAC: WIRELESS AUDIO DEVICE MARKET SNAPSHOT
TABLE 101 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 102 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 103 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 104 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 105 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY COUNTRY, 2017–2020 (USD BILLION)
TABLE 106 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY COUNTRY, 2021–2026 (USD BILLION)
11.4.1 IMPACT OF COVID-19 ON THE WIRELESS AUDIO DEVICE MARKET IN APAC
11.4.2 CHINA
11.4.2.1 Increased number of international manufacturers of wireless speakers in China fueling the growth of the wireless audio device market in the country
11.4.3 JAPAN
11.4.3.1 Rise in demand for consumer electronics equipped with wireless audio devices to boost the growth of the wireless audio
device market in Japan
11.4.4 SOUTH KOREA
11.4.4.1 Increased focus of South Korea-based companies to develop their wireless audio category of products
11.4.5 INDIA
11.4.5.1 Government impetus in the form of initiatives such as Make in India fueling the demand for consumer durables in India
11.4.6 REST OF APAC
11.5 REST OF THE WORLD (ROW)
TABLE 107 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 108 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 109 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 110 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 111 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY REGION, 2017–2020 (USD BILLION)
TABLE 112 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY REGION, 2021–2026 (USD BILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 Rising per capita income has facilitated the growth of the wireless audio device market in South America
11.5.2 MIDDLE EAST
11.5.2.1 Surge in demand for wireless headphones and wireless speakers to fuel the growth of the wireless audio device market in the Middle East
11.5.3 AFRICA
11.5.3.1 South Africa holds a significant share of the consumer electronics market in Africa
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
TABLE 113 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS AS
THE KEY GROWTH STRATEGY DURING 2019 TO 2021
12.2 MARKET SHARE ANALYSIS, 2020
TABLE 114 WIRELESS AUDIO DEVICE MARKET: DEGREE OF COMPETITION
FIGURE 47 SHARE OF KEY COMPANIES FOR TRUE WIRELESS HEARABLES/EARBUDS IN WIRELESS AUDIO DEVICE MARKET, 2020
12.3 REVENUE ANALYSIS
FIGURE 48 5-YEAR REVENUE ANALYSIS FOR KEY COMPANIES
12.4 COMPETITIVE LEADERSHIP MAPPING
12.4.1 STAR
12.4.2 PERVASIVE
12.4.3 EMERGING LEADER
12.4.4 PARTICIPANT
FIGURE 49 WIRELESS AUDIO DEVICE MARKET (GLOBAL) COMPETITIVE
LEADERSHIP MAPPING, 2020
12.5 SME EVALUATION QUADRANT
12.5.1 PROGRESSIVE COMPANY
12.5.2 RESPONSIVE COMPANY
12.5.3 DYNAMIC COMPANY
12.5.4 STARTING BLOCK
FIGURE 50 WIRELESS AUDIO DEVICE MARKET (GLOBAL) SME EVALUATION
QUADRANT, 2020
TABLE 115 COMPANY FOOTPRINT
TABLE 116 PRODUCT FOOTPRINT OF COMPANIES
TABLE 117 APPLICATION FOOTPRINT OF COMPANIES
TABLE 118 REGIONAL FOOTPRINT OF COMPANIES
12.6 COMPETITIVE SITUATIONS AND TRENDS
12.6.1 PRODUCT LAUNCHES
TABLE 119 WIRELESS AUDIO DEVICE MARKET: PRODUCT LAUNCHES, JANUARY 2019–APRIL 2021
12.6.2 DEALS
TABLE 120 WIRELESS AUDIO DEVICE MARKET: DEALS, JANUARY 2019–MAY 2021
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
13.1.1 APPLE INC.
TABLE 121 APPLE: COMPANY OVERVIEW
FIGURE 51 APPLE: COMPANY SNAPSHOT
13.1.2 HARMAN INTERNATIONAL INDUSTRIES
TABLE 122 HARMAN INTERNATIONAL INDUSTRIES: COMPANY OVERVIEW
FIGURE 52 HARMAN INTERNATIONAL INDUSTRIES: COMPANY SNAPSHOT
13.1.3 BOSE CORPORATION
TABLE 123 BOSE CORPORATION: COMPANY OVERVIEW
13.1.4 SONOS
TABLE 124 SONOS: COMPANY OVERVIEW
FIGURE 53 SONOS: COMPANY SNAPSHOT
13.1.5 SONY CORPORATION
TABLE 125 SONY CORPORATION: COMPANY OVERVIEW
FIGURE 54 SONY CORPORATION: COMPANY SNAPSHOT
13.1.6 SOUND UNITED
TABLE 126 SOUND UNITED: COMPANY OVERVIEW
13.1.7 SENNHEISER
TABLE 127 SENNHEISER: COMPANY OVERVIEW
13.1.8 VIZIO
TABLE 128 VIZIO: COMPANY OVERVIEW
13.1.9 VOXX INTERNATIONAL CORPORATION
TABLE 129 VOXX INTERNATIONAL CORPORATION: COMPANY OVERVIEW
FIGURE 55 VOXX INTERNATIONAL CORPORATION: COMPANY SNAPSHOT
13.1.10 ZOUND INDUSTRIES
TABLE 130 ZOUND INDUSTRIES: COMPANY OVERVIEW
FIGURE 56 ZOUND INDUSTRIES: COMPANY SNAPSHOT
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 YAMAHA CORPORATION
13.2.2 LG
13.2.3 BOAT LIFESTYLE
13.2.4 GN GROUP
13.2.5 PLANTRONICS
13.2.6 SHURE
13.2.7 PHAZON
13.2.8 TR?SOUND AUDIO
13.2.9 JAM
13.2.10 EARIN
13.2.11 HUMAN INC.
13.2.12 BRAGI
13.2.13 JAYBIRD
13.2.14 DEVIALET
13.2.15 DALI
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSION AND EXCLUSION
1.4 MARKETS COVERED
FIGURE 1 WIRELESS AUDIO DEVICE MARKET SEGMENTATION
1.4.1 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 INTRODUCTION
FIGURE 2 WIRELESS AUDIO DEVICE MARKET: RESEARCH DESIGN
2.2 RESEARCH DATA
FIGURE 3 WIRELESS AUDIO DEVICE MARKET: RESEARCH APPROACH
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.1.2 Secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Key industry insights
2.2.2.3 Breakdown of primary interviews
2.2.2.4 Primary sources
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.3.2 WIRELESS AUDIO DEVICE MARKET SIZE ESTIMATION:
DEMAND-SIDE ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS
2.3.3 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3.4 WIRELESS AUDIO DEVICE MARKET SIZE ESTIMATION:
SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
2.4 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RISK ASSESSMENT
TABLE 1 ANALYSIS OF RISK FACTORS
3 EXECUTIVE SUMMARY
3.1 POST-COVID-19: REALISTIC SCENARIO
3.2 POST-COVID-19: OPTIMISTIC SCENARIO
3.3 POST-COVID-19: PESSIMISTIC SCENARIO
FIGURE 9 PRE- AND POST-COVID-19 SCENARIO ANALYSIS FOR WIRELESS AUDIO DEVICE MARKET, 2017–2026
FIGURE 10 TRUE WIRELESS HEARABLES/EARBUDS SEGMENT TO HOLD THE LARGEST SIZE OF THE WIRELESS AUDIO DEVICE MARKET IN 2026
FIGURE 11 CONSUMER SEGMENT OF WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 12 BLUETOOTH SEGMENT OF WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 13 NORTH AMERICA HELD THE LARGEST SHARE OF THE WIRELESS AUDIO DEVICE MARKET IN 2020 IN TERMS OF VALUE
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE WIRELESS AUDIO DEVICE MARKET
FIGURE 14 WIRELESS AUDIO DEVICE MARKET TO WITNESS LUCRATIVE GROWTH OPPORTUNITIES FROM 2021 TO 2026
4.2 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY
FIGURE 15 BLUETOOTH SEGMENT HELD THE LARGEST SHARE OF WIRELESS AUDIO DEVICE MARKET IN 2020
4.3 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT
FIGURE 16 TRUE WIRELESS HEARABLES/EARBUDS SEGMENT OF WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
4.4 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION
FIGURE 17 CONSUMER SEGMENT PROJECTED TO HOLD THE LARGEST SHARE OF WIRELESS AUDIO DEVICE MARKET IN 2026
4.5 GEOGRAPHICAL SNAPSHOT OF THE WIRELESS AUDIO DEVICE MARKET, 2021–2026
FIGURE 18 WIRELESS AUDIO DEVICE MARKET IN INDIA TO GROW AT THE HIGHEST RATE FROM 2021 TO 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 WIRELESS AUDIO DEVICE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Surge in global demand for infotainment devices
FIGURE 20 GLOBAL SHIPMENT OF SMARTPHONES FROM 2019 TO 2023
5.2.1.2 Rise in the use of wireless audio devices in the commercial sector
5.2.1.3 Increased R&D expenditure by OEMs for the development of new and advanced wireless audio devices
5.2.1.4 Digital transformation brought by the COVID-19 pandemic
FIGURE 21 WIRELESS AUDIO DEVICE MARKET DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Restrictions on the use of radiofrequency spectrum by
wireless audio equipment
5.2.2.2 Health issues resulting from prolonged use of audio devices
5.2.2.2.1 Hearing impairment resulting from continuous and prolonged exposure to audio
5.2.2.2.2 Interference caused by wireless audio devices in the functioning of implanted medical devices
FIGURE 22 WIRELESS AUDIO DEVICE MARKET RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Moving beyond the era of using headphones for audio only
5.2.3.1.1 Tracking health and fitness of wearers
5.2.3.1.2 Controlling electrical appliances in connected homes
5.2.3.2 Advent of smart speakers
5.2.3.3 Increased demand for home theaters and LCDs
FIGURE 23 WIRELESS AUDIO DEVICE MARKET OPPORTUNITIES AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Effect of bandwidth constraints, coding delays, and bit errors on audio quality
FIGURE 24 WIRELESS AUDIO DEVICE MARKET CHALLENGES AND THEIR IMPACT
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING MANUFACTURING AND MARKETING & SALES, AND DISTRIBUTION PHASES
6.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 2 PORTERS FIVE FORCES IMPACT ON THE WIRELESS
AUDIO DEVICE MARKET, 2020
FIGURE 26 WIRELESS AUDIO DEVICE MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITION RIVALRY
6.4 AVERAGE SELLING PRICE TRENDS
FIGURE 27 ASP TRENDS FOR WIRELESS HEADPHONES, EARPHONES, TRUE WIRELESS HEARABLES/EARBUDS, AND HEADSETS (2020–2026)
6.5 MARKET ECOSYSTEM
TABLE 3 WIRELESS AUDIO DEVICE MARKET: ECOSYSTEM
FIGURE 28 WIRELESS AUDIO DEVICE MARKET ECOSYSTEM
6.6 TECHNOLOGY ANALYSIS
6.6.1 NEXT GENERATION OF BLUETOOTH AUDIO
6.6.2 IMPROVEMENTS IN VOICE AI AND MACHINE LEARNING
6.7 REVENUE SHIFT AND NEW REVENUE POCKETS FOR THE WIRELESS AUDIO DEVICE MARKET
FIGURE 29 REVENUE SHIFT IN WIRELESS AUDIO DEVICE MARKET
6.8 PATENT ANALYSIS
TABLE 4 IMPORTANT INNOVATIONS AND PATENT REGISTRATIONS, 2014–2020
FIGURE 30 NUMBER OF PATENTS GRANTED FROM 2011 TO 2020 FOR
WIRELESS AUDIO DEVICE
6.9 TRADE DATA
TABLE 5 IMPORT DATA OF KEY COUNTRIES FOR HS CODE 851830 HEADPHONES AND EARPHONES, 2016–2020 (USD THOUSAND)
TABLE 6 EXPORT DATA OF KEY COUNTRIES FOR HS CODE 851830 HEADPHONES AND EARPHONES, 2016–2020 (USD THOUSAND)
6.10 TARIFF AND REGULATORY LANDSCAPE
6.11 CASE STUDIES
6.11.1 PARTNERSHIP OF PLANTRONICS WITH SALESFORCE
6.11.2 DEPLOYMENT OF MUSIC SYSTEM AT PSALMS OF DAVID FESTIVAL, POLAND
7 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT
7.1 INTRODUCTION
FIGURE 31 TRUE WIRELESS HEARABLES OF WIRELESS AUDIO DEVICE MARKET PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 7 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 8 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 9 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2017–2020 (MILLION UNITS)
TABLE 10 WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
7.2 HEADPHONES
7.2.1 INCREASED POPULARITY OF WIRELESS HEADPHONES FUELING THE GROWTH OF THIS SEGMENT OF THE MARKET
TABLE 11 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 12 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 13 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY REGION, 2017–2020 (USD BILLION)
TABLE 14 WIRELESS AUDIO DEVICE MARKET FOR HEADPHONES, BY REGION, 2021–2026 (USD BILLION)
7.3 EARPHONES
7.3.1 RISING PENETRATION OF SMARTPHONES HAS PROPELLED THE GROWTH OF WIRELESS EARPHONES
TABLE 15 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY TECHNOLOGY, 2017–2020 (USD BILLION)
FIGURE 32 BLUETOOTH TECHNOLOGY FROM THE WIRELESS AUDIO DEVICE MARKET TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 16 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 17 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY REGION, 2017–2020 (USD BILLION)
TABLE 18 WIRELESS AUDIO DEVICE MARKET FOR EARPHONES, BY REGION, 2021–2026 (USD BILLION)
7.4 TRUE WIRELESS HEARABLES/ EARBUDS
7.4.1 TRUE WIRELESS HEARABLES TO WITNESS AN EXPONENTIAL GROWTH DURING THE FORECAST PERIOD
TABLE 19 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 20 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 21 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY REGION, 2017–2020 (USD BILLION)
TABLE 22 WIRELESS AUDIO DEVICE MARKET FOR TRUE WIRELESS HEARABLES/EARBUDS, BY REGION, 2021–2026 (USD BILLION)
7.5 HEADSETS
7.5.1 IN-BUILT MICROPHONES IN HEADSETS ALLOW USERS TO MULTI-TASK BY PROVIDING THEM HANDS-FREE TALK-TIME
TABLE 23 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 24 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 25 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY REGION, 2017–2020 (USD BILLION)
FIGURE 33 HEADSETS IN WIRELESS AUDIO DEVICE MARKET FOR APAC PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 26 WIRELESS AUDIO DEVICE MARKET FOR HEADSETS, BY REGION, 2021–2026 (USD BILLION)
7.6 SPEAKER SYSTEMS
7.6.1 INCREASED DEMAND FOR WIRELESS SPEAKER SYSTEMS TO MEET SPECIFIC REQUIREMENTS OF SPECIFIC APPLICATIONS
TABLE 27 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 28 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 29 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY REGION, 2017–2020 (USD BILLION)
TABLE 30 WIRELESS AUDIO DEVICE MARKET FOR SPEAKERS, BY REGION, 2021–2026 (USD BILLION)
7.7 SOUNDBARS
7.7.1 COMPATIBILITY OF WIRELESS SOUNDBARS WITH TV SETS, SMARTPHONES, AND MUSIC SYSTEMS IS LEADING TO THEIR POPULARITY
TABLE 31 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY TECHNOLOGY, 2017–2020 (USD BILLION)
FIGURE 34 BLUETOOTH TECHNOLOGY FOR WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS TO HOLD A MAJOR SHARE DURING THE FORECAST PERIOD
TABLE 32 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 33 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY REGION, 2017–2020 (USD BILLION)
TABLE 34 WIRELESS AUDIO DEVICE MARKET FOR SOUNDBARS, BY REGION, 2021–2026 (USD BILLION)
7.8 MICROPHONES
7.8.1 CONTINUOUS TECHNOLOGICAL ADVANCEMENTS AND IMPROVEMENTS IN OUTPUT SOUND QUALITY OF WIRELESS MICROPHONES FUELING THEIR POPULARITY GLOBALLY
TABLE 35 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 36 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 37 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY REGION, 2017–2020 (USD BILLION)
TABLE 38 WIRELESS AUDIO DEVICE MARKET FOR MICROPHONE, BY REGION, 2021–2026 (USD BILLION)
8 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY
8.1 INTRODUCTION
FIGURE 35 BLUETOOTH SEGMENT PROJECTED TO GROW AT THE HIGHEST RATE
FROM 2021 TO 2026
TABLE 39 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 40 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2021–2026 (USD BILLION)
8.2 BLUETOOTH
8.2.1 COST-EFFECTIVENESS AND COMPATIBILITY OFFERED BY BLUETOOTH TECHNOLOGY ARE LEADING TO INCREASED GLOBAL DEMAND FOR WIRELESS AUDIO DEVICES EQUIPPED WITH THIS TECHNOLOGY
TABLE 41 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 42 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 43 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY APPLICATION, 2017–2020 (USD BILLION)
FIGURE 36 THE CONSUMER SEGMENT IS PROJECTED TO GROW AT THE HIGHEST RATE FROM 2021 TO 2026
TABLE 44 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH, BY APPLICATION, 2021–2026 (USD BILLION)
8.3 WI-FI
8.3.1 SECURE OPERATIONS CARRIED OUT BY WI-FI-ENABLED AUDIO DEVICES LEADING TO A RISE IN THE USE OF THIS TECHNOLOGY GLOBALLY
TABLE 45 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 46 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 47 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 48 WIRELESS AUDIO DEVICE MARKET FOR WI-FI, BY APPLICATION, 2021–2026 (USD BILLION)
8.4 BLUETOOTH+WI-FI
8.4.1 INTEGRATION OF WI-FI AND BLUETOOTH TECHNOLOGIES ON SINGLE IC TO LEAD TO THE DEVELOPMENT OF COST-EFFECTIVE AND COMPACT WIRELESS AUDIO DEVICES
TABLE 49 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH + WI-FI, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 50 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH + WI-FI, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 51 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH+WI-FI, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 52 WIRELESS AUDIO DEVICE MARKET FOR BLUETOOTH+WI-FI, BY APPLICATION, 2021–2026 (USD MILLION)
8.5 AIRPLAY
8.5.1 INCREASED USE OF AIRPLAY TECHNOLOGY FOR WIRELESS STREAMING OF DATA ON DEVICES SUPPORTED BY APPLE
TABLE 53 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY PRODUCT, 2017–2020 (USD MILLION)
FIGURE 37 TRUE WIRELESS HEARABLES/EARBUDS PROJECTED TO GROW AT THE HIGHEST RATE FROM 2021 TO 2026 FOR AIRPLAY TECHNOLOGY
TABLE 54 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 55 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 56 WIRELESS AUDIO DEVICE MARKET FOR AIRPLAY, BY APPLICATION, 2021–2026 (USD MILLION)
8.6 RADIO FREQUENCY
8.6.1 INCREASED ADOPTION OF RADIO FREQUENCY TECHNOLOGY IN WIRELESS AUDIO DEVICES TO TRANSMIT HIGH-QUALITY AUDIO OVER A LONG DISTANCE
TABLE 57 WIRELESS AUDIO DEVICE MARKET FOR RADIO FREQUENCY, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 58 WIRELESS AUDIO DEVICE MARKET FOR RADIO FREQUENCY, BY PRODUCT, 2021–2026 (USD BILLION)
8.7 OTHERS
TABLE 59 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 60 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 61 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 62 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY APPLICATION, 2021–2026 (USD MILLION)
8.7.1 WISA (WIRELESS SPEAKER & AUDIO)
8.7.2 KLEERNET
8.7.3 ALLPLAY
8.7.4 SKAA
8.7.5 PLAY-FI
8.7.6 INFRARED (IR)
9 WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY
9.1 INTRODUCTION
TABLE 63 WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY, 2017–2020 (USD BILLION)
FIGURE 38 WIRELESS AUDIO DEVICE MARKET FOR SMART DEVICES TO GROW AT A HIGHER CAGR FROM 2021 TO 2026
TABLE 64 WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY, 2021–2026 (USD BILLION)
9.2 SMART DEVICES
9.2.1 RISE IN THE USE OF SMART WIRELESS AUDIO DEVICES TO TRACK HEALTH AND FITNESS OF USERS BY RECORDING AND SAVING INFORMATION RELATED TO THEIR WORKOUTS
9.3 NON-SMART DEVICES
9.3.1 USE OF NON-SMART WIRELESS AUDIO DEVICES FOR AUDIO AMPLIFICATION AND ENHANCEMENT
10 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 39 CONSUMER APPLICATION TO WITNESS A HIGH GROWTH IN THE WIRELESS AUDIO DEVICE MARKET DURING THE FORECAST PERIOD
TABLE 65 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 66 WIRELESS AUDIO DEVICE MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
10.2 HOME AUDIO
10.2.1 INCREASED USE OF WIRELESS AUDIO DEVICES FOR IN-HOME APPLICATIONS FUELING GROWTH OF THE WIRELESS AUDIO DEVICE MARKET
TABLE 67 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 68 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 69 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY REGION, 2017–2020 (USD BILLION)
TABLE 70 WIRELESS AUDIO DEVICE MARKET FOR HOME AUDIO, BY REGION, 2021–2026 (USD BILLION)
10.3 PROFESSIONAL
10.3.1 COVID-19 HAS SEVERELY IMPACTED THE PROFESSIONAL SEGMENT OF
THE WIRELESS AUDIO DEVICE MARKET
TABLE 71 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY TECHNOLOGY, 2017–2020 (USD BILLION)
FIGURE 40 BLUETOOTH TECHNOLOGY TO HOLD A MAJOR PORTION OF THE WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL APPLICATION DURING THE FORECAST PERIOD
TABLE 72 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 73 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY REGION, 2017–2020 (USD BILLION)
TABLE 74 WIRELESS AUDIO DEVICE MARKET FOR PROFESSIONAL, BY REGION, 2021–2026 (USD BILLION)
10.4 CONSUMER
10.4.1 RISE IN ADOPTION OF TECHNOLOGICALLY-ADVANCED SMARTPHONES
BY CONSUMERS FUELING THE GROWTH OF THE WIRELESS
AUDIO DEVICE MARKET
TABLE 75 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 76 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 77 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY REGION, 2017–2020 (USD BILLION)
TABLE 78 WIRELESS AUDIO DEVICE MARKET FOR CONSUMER, BY REGION, 2021–2026 (USD BILLION)
10.5 AUTOMOTIVE
10.5.1 INCREASED DEMAND FOR WIRELESS AUDIO DEVICES IN LUXURY AUTOMOBILES TO SPUR THE GROWTH OF THE WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE
TABLE 79 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 80 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 81 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY REGION, 2017–2020 (USD BILLION)
FIGURE 41 NORTH AMERICA TO HOLD THE MAJOR SHARE IN THE WIRELESS
AUDIO DEVICE MARKET FOR AUTOMOTIVE APPLICATION DURING THE FORECAST PERIOD
TABLE 82 WIRELESS AUDIO DEVICE MARKET FOR AUTOMOTIVE, BY REGION, 2021–2026 (USD BILLION)
10.6 OTHERS
TABLE 83 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 84 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 85 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY REGION, 2017–2020 (USD BILLION)
FIGURE 42 APAC TO WITNESS A HIGH GROWTH WIRELESS AUDIO DEVICE MARKET FOR OTHER APPLICATIONS DURING THE FORECAST PERIOD
TABLE 86 WIRELESS AUDIO DEVICE MARKET FOR OTHERS, BY REGION, 2021–2026 (USD BILLION)
11 GEOGRAPHIC ANALYSIS
11.1 INTRODUCTION
FIGURE 43 THE WIRELESS AUDIO DEVICE MARKET IN INDIA IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
TABLE 87 WIRELESS AUDIO DEVICE MARKET, BY REGION, 2017–2020 (USD BILLION)
TABLE 88 WIRELESS AUDIO DEVICE MARKET, BY REGION, 2021–2026 (USD BILLION)
11.2 NORTH AMERICA
FIGURE 44 NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET SNAPSHOT
TABLE 89 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 90 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 91 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 92 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 93 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY COUNTRY, 2017–2020 (USD BILLION)
TABLE 94 WIRELESS AUDIO DEVICE MARKET FOR NORTH AMERICA, BY COUNTRY, 2021–2026 (USD BILLION)
11.2.1 IMPACT OF COVID-19 ON THE WIRELESS AUDIO DEVICE MARKET
IN NORTH AMERICA
11.2.2 US
11.2.2.1 Presence of the majority of manufacturers of wireless audio
devices in the US fueling the growth of the wireless audio device market in the country
11.2.3 CANADA
11.2.3.1 Preference of the Canadian population to adopt innovative
products contributing to the growth of the wireless audio device market in the country
11.2.4 MEXICO
11.2.4.1 Increased investments in the consumer electronics industry of Mexico contributing to the growth of the wireless audio device market in the country
11.3 EUROPE
FIGURE 45 EUROPE: WIRELESS AUDIO DEVICE MARKET SNAPSHOT
TABLE 95 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 96 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 97 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 98 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 99 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY COUNTRY, 2017–2020 (USD BILLION)
TABLE 100 WIRELESS AUDIO DEVICE MARKET FOR EUROPE, BY COUNTRY, 2021–2026 (USD BILLION)
11.3.1 IMPACT OF COVID-19 ON THE WIRELESS AUDIO DEVICE MARKET IN EUROPE
11.3.2 UK
11.3.2.1 The willingness of users to invest in wireless audio devices to fuel the growth of the market in the UK
11.3.3 GERMANY
11.3.3.1 The popularity of soundbars and wireless streaming speakers in Germany to spur the growth of the wireless audio device
market in the country
11.3.4 FRANCE
11.3.4.1 Rise in demand for wireless audio devices for home entertainment applications contributing to the growth of the market in France
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC (APAC)
FIGURE 46 APAC: WIRELESS AUDIO DEVICE MARKET SNAPSHOT
TABLE 101 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 102 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 103 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 104 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 105 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY COUNTRY, 2017–2020 (USD BILLION)
TABLE 106 WIRELESS AUDIO DEVICE MARKET FOR APAC, BY COUNTRY, 2021–2026 (USD BILLION)
11.4.1 IMPACT OF COVID-19 ON THE WIRELESS AUDIO DEVICE MARKET IN APAC
11.4.2 CHINA
11.4.2.1 Increased number of international manufacturers of wireless speakers in China fueling the growth of the wireless audio device market in the country
11.4.3 JAPAN
11.4.3.1 Rise in demand for consumer electronics equipped with wireless audio devices to boost the growth of the wireless audio
device market in Japan
11.4.4 SOUTH KOREA
11.4.4.1 Increased focus of South Korea-based companies to develop their wireless audio category of products
11.4.5 INDIA
11.4.5.1 Government impetus in the form of initiatives such as Make in India fueling the demand for consumer durables in India
11.4.6 REST OF APAC
11.5 REST OF THE WORLD (ROW)
TABLE 107 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 108 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 109 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 110 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY APPLICATION, 2021–2026 (USD BILLION)
TABLE 111 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY REGION, 2017–2020 (USD BILLION)
TABLE 112 WIRELESS AUDIO DEVICE MARKET FOR ROW, BY REGION, 2021–2026 (USD BILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 Rising per capita income has facilitated the growth of the wireless audio device market in South America
11.5.2 MIDDLE EAST
11.5.2.1 Surge in demand for wireless headphones and wireless speakers to fuel the growth of the wireless audio device market in the Middle East
11.5.3 AFRICA
11.5.3.1 South Africa holds a significant share of the consumer electronics market in Africa
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
TABLE 113 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS AS
THE KEY GROWTH STRATEGY DURING 2019 TO 2021
12.2 MARKET SHARE ANALYSIS, 2020
TABLE 114 WIRELESS AUDIO DEVICE MARKET: DEGREE OF COMPETITION
FIGURE 47 SHARE OF KEY COMPANIES FOR TRUE WIRELESS HEARABLES/EARBUDS IN WIRELESS AUDIO DEVICE MARKET, 2020
12.3 REVENUE ANALYSIS
FIGURE 48 5-YEAR REVENUE ANALYSIS FOR KEY COMPANIES
12.4 COMPETITIVE LEADERSHIP MAPPING
12.4.1 STAR
12.4.2 PERVASIVE
12.4.3 EMERGING LEADER
12.4.4 PARTICIPANT
FIGURE 49 WIRELESS AUDIO DEVICE MARKET (GLOBAL) COMPETITIVE
LEADERSHIP MAPPING, 2020
12.5 SME EVALUATION QUADRANT
12.5.1 PROGRESSIVE COMPANY
12.5.2 RESPONSIVE COMPANY
12.5.3 DYNAMIC COMPANY
12.5.4 STARTING BLOCK
FIGURE 50 WIRELESS AUDIO DEVICE MARKET (GLOBAL) SME EVALUATION
QUADRANT, 2020
TABLE 115 COMPANY FOOTPRINT
TABLE 116 PRODUCT FOOTPRINT OF COMPANIES
TABLE 117 APPLICATION FOOTPRINT OF COMPANIES
TABLE 118 REGIONAL FOOTPRINT OF COMPANIES
12.6 COMPETITIVE SITUATIONS AND TRENDS
12.6.1 PRODUCT LAUNCHES
TABLE 119 WIRELESS AUDIO DEVICE MARKET: PRODUCT LAUNCHES, JANUARY 2019–APRIL 2021
12.6.2 DEALS
TABLE 120 WIRELESS AUDIO DEVICE MARKET: DEALS, JANUARY 2019–MAY 2021
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
13.1.1 APPLE INC.
TABLE 121 APPLE: COMPANY OVERVIEW
FIGURE 51 APPLE: COMPANY SNAPSHOT
13.1.2 HARMAN INTERNATIONAL INDUSTRIES
TABLE 122 HARMAN INTERNATIONAL INDUSTRIES: COMPANY OVERVIEW
FIGURE 52 HARMAN INTERNATIONAL INDUSTRIES: COMPANY SNAPSHOT
13.1.3 BOSE CORPORATION
TABLE 123 BOSE CORPORATION: COMPANY OVERVIEW
13.1.4 SONOS
TABLE 124 SONOS: COMPANY OVERVIEW
FIGURE 53 SONOS: COMPANY SNAPSHOT
13.1.5 SONY CORPORATION
TABLE 125 SONY CORPORATION: COMPANY OVERVIEW
FIGURE 54 SONY CORPORATION: COMPANY SNAPSHOT
13.1.6 SOUND UNITED
TABLE 126 SOUND UNITED: COMPANY OVERVIEW
13.1.7 SENNHEISER
TABLE 127 SENNHEISER: COMPANY OVERVIEW
13.1.8 VIZIO
TABLE 128 VIZIO: COMPANY OVERVIEW
13.1.9 VOXX INTERNATIONAL CORPORATION
TABLE 129 VOXX INTERNATIONAL CORPORATION: COMPANY OVERVIEW
FIGURE 55 VOXX INTERNATIONAL CORPORATION: COMPANY SNAPSHOT
13.1.10 ZOUND INDUSTRIES
TABLE 130 ZOUND INDUSTRIES: COMPANY OVERVIEW
FIGURE 56 ZOUND INDUSTRIES: COMPANY SNAPSHOT
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 YAMAHA CORPORATION
13.2.2 LG
13.2.3 BOAT LIFESTYLE
13.2.4 GN GROUP
13.2.5 PLANTRONICS
13.2.6 SHURE
13.2.7 PHAZON
13.2.8 TR?SOUND AUDIO
13.2.9 JAM
13.2.10 EARIN
13.2.11 HUMAN INC.
13.2.12 BRAGI
13.2.13 JAYBIRD
13.2.14 DEVIALET
13.2.15 DALI
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
