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Global Wireless Audio Devices Market: By Product (Speakers, Headphones, Soundbars, & Microphones) and Application (Commercial, Consumer, Military & Defense, Automotive, & Others) - Analysis & Forecast, From 2016 To 2022

Increasing acceptance of smart phones as a source of entertainment among the consumers and rising expenditure on semiconductors for wireless devices are enhancing the rate of growth of the global wireless audio device market.

SKU: ES003A
Published Year: 2016
 
 

Wireless audio devices are gaining popularity over wired audio devices due to several advantages offered by wireless audio devices over wired audio devices. Some of the advantages of wireless devices over wired devices are cost saving due to wire replacement; vulnerability of wireless devices to temporary interferences, noise and fading; increased mobility, and enhanced efficiency for an increase in number of users connected to the same device. The global Wireless Audio Device market is estimated to witness a growth at a CAGR of 16.6% over the period 2016 to 2022. This growth is expected due to increasing consumer application and increasing opportunities for the wireless audio devices in the hospitality and leisure sector. 

The U.S. generated the maximum amount of revenue in the year 2015 in the global wireless audio device industry among all the regions; whereas, China has the maximum potential to grow in the forecast period. If the industry has the prospects of growing with the same pace, it will cross $33,177.0 million in total market value by the end of forecast period 2022.

The industry analysis section has examined the impact of the five major forces and value chain analysis to understand the overall attractiveness of the industry. The most often used strategy for developing a better hold on to the market has been through product launches, followed by mergers & acquisitions. Moreover, the company profile section includes highlights of significant information about the key companies involved along with their financial positions key strategies, & developmental activities of recent years. Some of the key players involved in this market are Sony Corporation, Bose Corporation, Sennheiser, Sonos, Harman, Apple Inc., and Samsung.

The report is a compilation of different segments of Global Wireless Audio Device Market including market breakdown by products, applications, technology, and includes Porter’s five forces analysis and market dynamics. The report also discusses in detail about the key participants involved in the industry. 

The report answers the following questions about the Global Wireless Audio Device Market:
•    What are the prevailing products, and technologies used in wireless audio devices?
•    What are the different application areas of wireless audio devices?
•    What are the basic applications of the wireless audio devices?
•    What are the different factors driving the market in the forecast period?
•    What are the factors restraining the growth of Global Wireless Audio Device Market?
•    Who are the different participants in the Global Wireless Audio Device Market?
•    What kind of new strategies are being adopted by existing market players to make a mark in the industry?
•    Which region will lead the Global Wireless Audio Device Market by the end of forecast period?

TABLE OF CONTENT
1 EXECUTIVE SUMMARY
2 REPORT SCOPE
2.1 MARKET DEFINITION
2.2 REPORT COVERAGE
2.2.1 MARKET CLASSIFICATION
2.2.1.1 MARKET SEGMENTATION BY GEOGRAPHY
2.3 ASSUMPTIONS AND LIMITATIONS
2.4 STAKEHOLDERS
3 BIS RESEARCH METHODOLOGY
3.1 RESEARCH PARAMETERS
3.2 RESEARCH DESIGN
3.2.1 PRIMARY RESEARCH
3.2.2 SECONDARY RESEARCH
3.2.3 DATA TRIANGULATION
3.2.4 DATA ANALYZING & MARKET ESTIMATION
3.2.4.1 TOP-DOWN APPROACH
3.2.4.2 BOTTOM-UP APPROACH
4 INDUSTRY ANALYSIS
4.1 VALUE CHAIN ANALYSIS
4.2 PRICING ANALYSIS – BY DEVICES
4.3 MULTI-ROOM WIRELESS AUDIO – EMERGING TRENDS
4.4 CONSORTIUMS
4.4.1 AUDIO ENGINEERING SOCIETY (AES)
4.4.2 AVNU ALLIANCE
4.4.3 WIRELESS SPEAKER & AUDIO (WISA) ASSOCIATION
4.4.4 IWPC - THE INTERNATIONAL WIRELESS INDUSTRY CONSORTIUM
4.4.5 WIRELESSHD
4.4.6 BLUETOOTH SIG
4.4.7 EUROPEAN TELECOMMUNICATIONS STANDARDS INSTITUTE (ETSI)
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS IN THE MARKET
5.2.1 INCREASING ACCEPTANCE OF SMART PHONES AS A SOURCE OF ENTERTAINMENT AMONG THE CONSUMERS
5.2.2 RISING EXPENDITURE ON SEMICONDUCTOR FOR WIRELESS DEVICES
5.2.3 ADVANCEMENTS IN WIRELESS TECHNOLOGIES
5.3 OPPORTUNITIES IN THE MARKET
5.3.1 INCREASING USE OF WIRELESS DEVICES IN CONSUMER APPLICATIONS
5.3.2 GROWING LEISURE AND HOSPITALITY SECTOR
5.4 RESTRAINTS IN THE MARKET
5.4.1 NEGATIVE HEALTH EFFECTS OF WIRELESS DEVICES
5.4.2 TECHNICAL DIFFICULTIES
6 COMPETITIVE INSIGHTS
6.1 KEY MARKET DEVELOPMENTS & STRATEGIES (2014-2016)
6.1.1 NEW PRODUCT LAUNCH, DEVELOPMENT AND EXPANSION
6.1.2 PARTNERSHIP, JOINT VENTURE, COLLABORATION AND CONTRACT
6.1.3 BUSINESS EXPANSION AND CERTIFICATION
6.1.4 MERGER & ACQUISITION
6.1.5 OTHERS
6.2 PORTER’S FIVE FORCES ANALYSIS
6.2.1 THREAT FROM NEW ENTRANTS
6.2.2 BARGAINING POWER OF BUYERS
6.2.3 BARGAINING POWER OF SUPPLIERS
6.2.4 THREAT FROM SUBSTITUTES
6.2.5 INTENSITY OF COMPETITIVE RIVALRY
6.3 LEADING PLAYERS ANALYSIS
6.4 R&D ANALYSIS OF LEADING PLAYERS IN WIRELESS AUDIO DEVICE MARKET
6.5 SUPPLIERS ANALYSIS OF WIRELESS AUDIO DEVICES
6.5.1 SOUND BARS
6.5.2 WIRELESS HEADSETS
6.5.3 WIRELESS MICROPHONES
6.5.4 WIRELESS SPEAKER SYSTEMS
7 GLOBAL WIRELESS AUDIO DEVICE MARKET SIZE & FORECAST
7.1 INTRODUCTION
7.2 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT
7.3 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY APPLICATION
7.4 GLOBAL WIRELESS AUDIO MARKET BREAKDOWN BY REGION
8 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT
8.1 SOUND BARS
8.1.1 INTRODUCTION
8.1.2 SOUND BARS MARKET BY APPLICATION
8.1.3 SOUND BARS MARKET BY REGION
8.2 WIRELESS HEADSETS
8.2.1 INTRODUCTION
8.2.2 WIRELESS HEADSETS MARKET BY APPLICATION
8.2.3 WIRELESS HEADSETS MARKET BY REGION
8.3 WIRELESS MICROPHONES
8.3.1 INTRODUCTION
8.3.2 WIRELESS MICROPHONES MARKET BY APPLICATION
8.3.3 WIRELESS MICROPHONES MARKET BY REGION
8.4 WIRELESS SPEAKER SYSTEMS
8.4.1 INTRODUCTION
8.4.2 WIRELESS SPEAKER SYSTEMS MARKET BY APPLICATION
8.4.3 WIRELESS SPEAKER SYSTEMS MARKET BY REGION
9 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY TECHNOLOGY
9.1 INTRODUCTION
9.1.1 AIRPLAY
9.1.2 BLUETOOTH
9.1.3 WI-FI
10 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA MARKET BY COUNTRY
10.2.1 U.S. WIRELESS AUDIO DEVICE MARKET
10.2.2 CANADA WIRELES AUDIO DEVICE MARKET
10.3 ASIA PACIFIC MARKET BY COUNTRY
10.3.1 CHINA WIRELESS AUDIO DEVICE MARKET
10.3.2 INDIA WIRELESS AUDIO DEVICE MARKET
10.3.3 JAPAN WIRELESS AUDIO DEVICE MARKET
10.3.4 SOUTH KOREA WIRELESS AUDIO DEVICE MARKET
10.4 EUROPE MARKET BY COUNTRY
10.4.1 GERMANY WIRELESS AUDIO DEVICE MARKET
10.4.2 U.K. WIRELESS AUDIO DEVICE MARKET
10.4.3 FRANCE WIRELESS AUDIO DEVICE MARKET
10.4.4 SPAIN WIRELESS AUDIO DEVICE MARKET
10.5 REST OF THE WORLD MARKET BY COUNTRY
11 COMPANY PROFILES
11.1 INTRODUCTION
11.2 SONY CORPORATION
11.2.1 COMPANY OVERVIEW
11.2.2 FINANCIALS
11.2.2.1 OVERALL FINANCIALS
11.2.2.2 GEOGRAPHIC REVENUE MIX
11.2.2.3 SEGMENT REVENUE MIX
11.2.2.4 FINANCIAL SUMMARY
11.2.3 KEY STRATEGIES & DEVELOPMENTS
11.2.4 SWOT ANALYSIS
11.3 BOSE CORPORATION
11.3.1 COMPANY OVERVIEW
11.3.2 KEY STRATEGIES & DEVELOPMENTS
11.3.3 SWOT ANALYSIS
11.4 SENNHEISER ELECTRONIC GMBH & COMPANY KG
11.4.1 COMPANY OVERVIEW
11.4.2 FINANCIALS
11.4.2.1 OVERALL FINANCIALS
11.4.2.2 GEOGRAPHIC REVENUE MIX
11.4.2.3 SEGMENT REVENUE MIX
11.4.2.4 FINANCIAL SUMMARY
11.4.3 KEY STRATEGIES & DEVELOPMENTS
11.4.4 SWOT ANALYSIS
11.5 HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED
11.5.1 COMPANY OVERVIEW
11.5.2 FINANCIALS
11.5.2.1 OVERALL FINANCIALS
11.5.2.2 SEGMENT REVENUE MIX
11.5.2.3 FINANCIAL SUMMARY
11.5.3 KEY STRATEGIES & DEVELOPMENTS
11.5.4 SWOT ANALYSIS
11.6 SONOS, INC.
11.6.1 COMPANY OVERVIEW
11.6.2 KEY STRATEGIES & DEVELOPMENTS
11.7 KONINKLIJKE PHILIPS N.V.
11.7.1 COMPANY OVERVIEW
11.7.2 FINANCIALS
11.7.2.1 OVERALL FINANCIALS
11.7.2.2 GEOGRAPHIC REVENUE MIX
11.7.2.3 SEGMENT REVENUE MIX
11.7.2.4 FINANCIAL SUMMARY
11.7.3 SWOT ANALYSIS
11.8 VIZIO HOLDINGS, INC.
11.8.1 COMPANY OVERVIEW
11.8.2 FINANCIALS
11.8.2.1 OVERALL FINANCIALS
11.8.2.2 FINANCIAL SUMMARY
11.8.3 KEY STRATEGIES & DEVELOPMENTS
11.8.4 SWOT ANALYSIS
11.9 APPLE INC.
11.9.1 COMPANY OVERVIEW
11.9.2 FINANCIALS
11.9.2.1 OVERALL FINANCIALS
11.9.2.2 GEOGRAPHIC REVENUE MIX
11.9.2.3 SEGMENT REVENUE MIX
11.9.2.4 FINANCIAL SUMMARY
11.9.3 KEY STRATEGIES & DEVELOPMENTS
11.9.4 SWOT ANALYSIS
11.1 VOXX INTERNATIONAL CORPORATION
11.10.1 COMPANY OVERVIEW
11.10.2 FINANCIALS
11.10.2.1 OVERALL FINANCIALS
11.10.2.2 GEOGRAPHIC REVENUE MIX
11.10.2.3 SEGMENT REVENUE MIX
11.10.2.4 FINANCIAL SUMMARY
11.10.3 KEY STRATEGIES & DEVELOPMENTS
11.10.4 SWOT ANALYSIS
11.11 SAMSUNG ELECTRONICS CO., LTD.
11.11.1 COMPANY OVERVIEW
11.11.2 FINANCIALS
11.11.2.1 OVERALL FINANCIALS
11.11.2.2 GEOGRAPHIC REVENUE MIX
11.11.2.3 SEGMENT REVENUE MIX
11.11.2.4 FINANCIAL SUMMARY
11.11.3 KEY STRATEGIES & DEVELOPMENTS
11.11.4 SWOT ANALYSIS
11.12 SHURE INCORPORATED
11.12.1 COMPANY OVERVIEW
11.12.2 KEY STRATEGIES & DEVELOPMENTS
11.13 PURE
11.13.1 COMPANY OVERVIEW
11.13.2 KEY STRATEGIES & DEVELOPMENTS
11.14 D&M HOLDINGS INC.
11.14.1 COMPANY OVERVIEW
11.14.2 KEY STRATEGIES & DEVELOPMENTS
11.15 PANASONIC CORPORATION
11.15.1 COMPANY OVERVIEW
11.15.2 FINANCIALS
11.15.2.1 OVERALL FINANCIALS
11.15.2.2 SEGMENT REVENUE MIX
11.15.2.3 FINANCIAL SUMMARY
11.15.3 SWOT ANALYSIS
11.16 LG ELECTRONICS
11.16.1 COMPANY OVERVIEW
11.16.2 FINANCIALS
11.16.2.1 OVERALL FINANCIALS
11.16.2.2 SEGMENT REVENUE MIX
11.16.2.3 FINANCIAL SUMMARY
11.16.3 KEY STRATEGIES & DEVELOPMENTS
11.16.4 SWOT ANALYSIS
LIST OF TABLES  
TABLE 1 NEW PRODUCT LAUNCH, DEVELOPMENT AND EXPANSION
TABLE 2 PARTNERSHIP, JOINT VENTURE, COLLABORATION AND CONTRACT
TABLE 3 BUSINESS EXPANSION AND CERTIFICATION
TABLE 4 MERGER & ACQUISITION
TABLE 5 OTHER DEVELOPMENTS
TABLE 6 SUPPLIERS ANALYSIS OF SOUND BARS
TABLE 7 SUPPLIERS ANALYSIS OF WIRELESS HEADSETS
TABLE 8 SUPPLIERS ANALYSIS OF WIRELESS MICROPHONES
TABLE 9 SUPPLIERS ANALYSIS OF WIRELESS SPEAKER SYSTEMS
TABLE 10 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT, UNITS MILLION (2015 – 2022)
TABLE 11 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT, $ M (2015 – 2022)
TABLE 12 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY APPLICATION, UNITS MILLION (2015 – 2022)
TABLE 13 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY APPLICATION, $ M (2015 – 2022)
TABLE 14 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY REGION, UNITS MILLION (2015 – 2022)
TABLE 15 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY REGION, $ M (2015 – 2022)
TABLE 16 PRICING ANALYSIS OF SOUND BARS
TABLE 17 RECENT DEVELOPMENTS IN SOUND BARS
TABLE 18 COMPETITIVENESS IN SOUND BARS MARKET
TABLE 19 GLOBAL SOUND BARS MARKET BREAKDOWN BY APPLICATION, UNITS MILLION (2015 – 2022)
TABLE 20 GLOBAL WIRELESS SOUND BARS MARKET BREAKDOWN BY APPLICATION, $ M (2015 – 2022)
TABLE 21 GLOBAL SOUND BARS MARKET BREAKDOWN BY REGION, UNITS MILLION (2015 – 2022)
TABLE 22 GLOBAL SOUND BARS MARKET BREAKDOWN BY REGION, $ M (2015 – 2022)
TABLE 23 PRICING ANALYSIS OF WIRELESS HEADSETS
TABLE 24 RECENT DEVELOPMENTS IN WIRELESS HEADSETS
TABLE 25 COMPETITIVENESS IN WIRELESS HEADSETS MARKET
TABLE 26 GLOBAL WIRELESS HEADSETS MARKET BREAKDOWN BY APPLICATION, UNITS MILLION (2015 – 2022)
TABLE 27 GLOBAL WIRELESS HEADSETS MARKET BREAKDOWN BY APPLICATION, $ M (2015 – 2022)
TABLE 28 GLOBAL WIRELESS HEADSETS MARKET BREAKDOWN BY REGION, UNITS MILLION (2015 – 2022)
TABLE 29 GLOBAL WIRELESS HEADSETS MARKET BREAKDOWN BY REGION, $ M (2015 – 2022)
TABLE 30 PRICING ANALYSIS OF WIRELESS MICROPHONES
TABLE 31 RECENT DEVELOPMENTS IN WIRELESS MICROPHONES
TABLE 32 COMPETITIVENESS IN WIRELESS MICROPHONES MARKET
TABLE 33 GLOBAL WIRELESS MICROPHONES MARKET BREAKDOWN BY APPLICATION, UNITS MILLION (2015 – 2022)
TABLE 34 GLOBAL WIRELESS MICROPHONES MARKET BREAKDOWN BY APPLICATION, $ M (2015 – 2022)
TABLE 35 GLOBAL WIRELESS MICROPHONES MARKET BREAKDOWN BY REGION, UNITS MILLION (2015 – 2022)
TABLE 36 GLOBAL WIRELESS MICROPHONES MARKET BREAKDOWN BY REGION, $ M (2015 – 2022)
TABLE 37 PRICING ANALYSIS OF WIRELESS SPEAKER SYSTEMS
TABLE 38 RECENT DEVELOPMENTS IN WIRELESS SPEAKER SYSTEMS
TABLE 39 COMPETITIVENESS IN WIRELESS SPEAKER SYSTEMS MARKET
TABLE 40 GLOBAL WIRELESS SPEAKER SYSTEMS MARKET BREAKDOWN BY APPLICATION, UNITS MILLION (2015 – 2022)
TABLE 41 GLOBAL WIRELESS SPEAKER SYSTEMS MARKET BREAKDOWN BY APPLICATION, $ M (2015 – 2022)
TABLE 42 GLOBAL WIRELESS SPEAKER SYSTEMS MARKET BREAKDOWN BY REGION, UNITS MILLION (2015 – 2022)
TABLE 43 GLOBAL WIRELESS SPEAKER SYSTEMS MARKET BREAKDOWN BY REGION, $ M (2015 – 2022)
TABLE 44 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY TECHNOLOGY, UNITS MILLION (2015 – 2022)
TABLE 45 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY TECHNOLOGY, $ M (2015 – 2022)
TABLE 46 RECENT DEVELOPMENTS IN BLUETOOTH ENABLED AUDIO DEVICES
TABLE 47 RECENT DEVELOPMENTS IN WI-FI ENABLED AUDIO DEVICES
TABLE 48 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, UNITS MILLION (2015 – 2022)
TABLE 49 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, $ M (2015 – 2022)
TABLE 50 ASIA PACIFIC WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, UNITS MILLION (2015 – 2022)
TABLE 51 ASIA PACIFIC WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, $ M (2015 – 2022)
TABLE 52 EUROPE WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, UNITS MILLION (2015 – 2022)
TABLE 53 EUROPE WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, $ M (2015 – 2022)
TABLE 54 REST OF THE WORLD WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY COUNTRY, UNITS MILLION (2015 – 2022)
LIST OF FIGURES  
FIGURE 1 GLOBAL WIRELESS AUDIO DEVICE MARKET
FIGURE 2 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCTS
FIGURE 3 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY
FIGURE 4 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY APPLICATION
FIGURE 5 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY REGION
FIGURE 6 WIRELESS AUDIO DEVICE MARKET SEGMENTATION
FIGURE 7 WIRELESS AUDIO DEVICE MARKET SEGMENTATION, BY GEOGRAPHY
FIGURE 8 WIRELESS AUDIO DEVICE MARKET – STAKEHOLDERS
FIGURE 9 RESEARCH PARAMETERS
FIGURE 10 REPORT DESIGN
FIGURE 11 PRIMARY INTERVIEWS BREAKDOWN, BY PLAYERS, DESIGNATION, AND REGION
FIGURE 12 SOURCES OF SECONDARY RESEARCH
FIGURE 13 DATA TRIANGULATION
FIGURE 14 TOP-DOWN APPROACH
FIGURE 15 BOTTOM-UP APPROACH
FIGURE 16 VALUE CHAIN ANALYSIS FOR WIRELESS AUDIO DEVICE MARKET
FIGURE 17 PRICING ANALYSIS OF WIRELESS AUDIO DEVICES, BY DEVICES ($), 2012 – 2022
FIGURE 18 MARKET DYNAMICS
FIGURE 19 GLOBAL ADOPTION RATES OF SMART PHONES
FIGURE 20 GLOBAL SEMICONDUCTOR EXPENDITURE BY OEMS FOR WIRELESS APPLICATIONS
FIGURE 21 INCREASING USES OF WIRELESS AUDIO DEVICES IN CONSUMER APPLICATIONS
FIGURE 22 GROWING WIRELESS AUDIO DEVICE MARKET IN COMMERCIAL APPLICATIONS, INCLUDING LEISURE AND HOSPITALITY SECTOR
FIGURE 23 PORTER’S GIVE FORCES FOR THE WIRELESS AUDIO DEVICE MARKET
FIGURE 24 ANALYSIS OF LEADING PLAYERS
FIGURE 25 RESEARCH AND DEVELOPMENT EXPENDITURE, $ MILLION
FIGURE 26 GLOBAL WIRELESS AUDIO DEVICE MARKET
FIGURE 27 GLOBAL WIRELESS AUDIO DEVICE MARKET, BY PRODUCT
FIGURE 28 GLOBAL WIRELESS AUDIO DEVICE MARKET BY APPLICATION
FIGURE 29 GLOBAL WIRELESS AUDIO DEVICES MARKET BREAKDOWN BY REGION
FIGURE 30 GLOBAL WIRELESS AUDIO DEVICE MARKET BY REGION
FIGURE 31 SOUND BARS MARKET BY APPLICATION
FIGURE 32 SOUND BARS MARKET BY REGION
FIGURE 33 WIRELESS HEADSETS MARKET BY APPLICATION
FIGURE 34 WIRELESS HEADSETS MARKET BY REGION
FIGURE 35 WIRELESS MICROPHONES MARKET BY APPLICATION
FIGURE 36 WIRELESS MICROPHONES MARKET BY REGION
FIGURE 37 WIRELESS SPEAKER SYSTEMS MARKET BY APPLICATION
FIGURE 38 WIRELESS SPEAKER SYSTEMS MARKET BY REGION
FIGURE 39 WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY
FIGURE 40 ASIA-PACIFIC REGION TO HAVE THE FASTEST GROWTH IN WIRELESS AUDIO MARKET
FIGURE 41 NORTH AMERICA WIRELESS AUDIO DEVICE MARKET SIZE BY COUNTRY, UNITS MILLION (2015 AND 2022)
FIGURE 42 U.S. IMPORTS AND EXPORTS OF MUSIC PRODUCTS, PERCENTAGE SHARE (2015)
FIGURE 43 ASIA PACIFIC WIRELESS AUDIO DEVICE MARKET SHARE BY COUNTRY, UNITS MILLION (2015 AND 2022)
FIGURE 44 SMART PHONE PENETRATION IN INDIA
FIGURE 45 EUROPE WIRELESS AUDIO DEVICE MARKET SHARE BY COUNTRY, UNITS MILLION (2015 AND 2022)
FIGURE 46 RISING PENETRATION OF SMART PHONE
FIGURE 47 REST OF THE WORLD WIRELESS AUDIO DEVICE MARKET SHARE BY COUNTRY, UNITS MILLION (2015 AND 2022)
FIGURE 48 GEOGRAPHIC REVENUE MIX OF SOME PLAYERS IN THE MARKET
FIGURE 49 OVERALL FINANCIALS, 2012-15 ($ MILLION)
FIGURE 50 GEOGRAPHIC REVENUE MIX, 2012-15 ($ MILLION)
FIGURE 51 SEGMENT REVENUE MIX, 2012-15 ($ MILLION)
FIGURE 52 SONY CORPORATION: SWOT ANALYSIS
FIGURE 53 BOSE CORPORATION: SWOT ANALYSIS
FIGURE 54 OVERALL FINANCIALS, 2012-14 ($ MILLION)
FIGURE 55 GEOGRAPHIC REVENUE MIX, 2012-14 ($ MILLION)
FIGURE 56 SEGMENT REVENUE MIX, 2014
FIGURE 57 SENNHEISER ELECTRONIC GMBH & COMPANY KG: SWOT ANALYSIS
FIGURE 58 OVERALL FINANCIALS, 2013-15 ($ MILLION)
FIGURE 59 SEGMENT REVENUE MIX, 2013-15 ($MILLION)
FIGURE 60 HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED: SWOT ANALYSIS
FIGURE 61 OVERALL FINANCIALS, 2013-15 ($ MILLION)
FIGURE 62 GEOGRAPHIC REVENUE MIX, 2012-14 ($ MILLION)
FIGURE 63 SEGMENT REVENUE MIX, 2013-15 ($ MILLION)
FIGURE 64 KONINKLIJKE PHILIPS N.V.: SWOT ANALYSIS
FIGURE 65 OVERALL FINANCIALS, 2012-14 ($ MILLION)
FIGURE 66 VIZIO HOLDINGS, INC.: SWOT ANALYSIS
FIGURE 67 OVERALL FINANCIALS, 2012-15 ($ MILLION)
FIGURE 68 GEOGRAPHIC REVENUE MIX, 2012-15 ($ MILLION)
FIGURE 69 SEGMENT REVENUE MIX, 2012-14 ($ MILLION)
FIGURE 70 APPLE INC.: SWOT ANALYSIS
FIGURE 71 OVERALL FINANCIALS, 2013-15 ($ MILLION)
FIGURE 72 GEOGRAPHIC REVENUE MIX, 2013-15 ($ MILLION)
FIGURE 73 SEGMENT REVENUE MIX, 2013-15 ($ MILLION)
FIGURE 74 VOXX INTERNATIONAL CORPORATION: SWOT ANALYSIS
FIGURE 75 OVERALL FINANCIALS, 2012-14 ($ MILLION)
FIGURE 76 GEOGRAPHIC REVENUE MIX, 2012-14 ($ MILLION)
FIGURE 77 SEGMENT REVENUE MIX, 2012-14 ($ MILLION)
FIGURE 78 SAMSUNG ELECTRONICS CO., LTD.: SWOT ANALYSIS
FIGURE 79 OVERALL FINANCIALS, 2013-15 ($ MILLION)
FIGURE 80 SEGMENT REVENUE MIX, 2013-15 ($ MILLION)
FIGURE 81 PANASONIC CORPORATION: SWOT ANALYSIS
FIGURE 82 OVERALL FINANCIALS, 2013-15 ($ MILLION)
FIGURE 83 SEGMENT REVENUE MIX, 2013-15 ($ MILLION)
FIGURE 84 LG ELECTRONICS: SWOT ANALYSIS

Increasing acceptance of smart phones as a source of entertainment among the consumers and rising expenditure on semiconductors for wireless devices are enhancing the rate of growth of the global wireless audio device market. In terms of value, the wireless audio device market is estimated to reach $33,177.0 million by 2022 at a CAGR of 11% through the forecast period. The wireless audio device market is expected to grow with a significant rate during the forecasted period due to the growing leisure and hospitality sector and increasing use of wireless devices in consumer applications. However, negative health effects of wireless devices and technical difficulties associated with wireless audio devices are restraining the growth of the global wireless audio device market. 

The wireless audio device market has been tracked along the lines of its products, technologies, application areas, and geography. Revenue generated from various application areas namely- consumer application, commercial application, automotive, and security and defense have been analyzed. The report also covers the wireless audio device market on a global scale, and consequently provides revenue data of the key regions. A separate segment has been made for the key global regions: North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW).

Wireless audio device receive audio signals using radio frequency (RF) waves and eliminates the use of audio cables. Wireless audio device consists of RF receiver, and an RF transmitter unit. Wireless headsets hold the highest share of the market in 2016 and wireless microphones holds the lowest share in the market in 2016. Growth in the demand of portable music systems such as tablets, smart phones and portable music players is supporting the growth of the wireless headsets market. Additionally, the technological advancements in headsets in the recent years have led to the minimization of overall weight of headphones, which is supporting the wireless headsets market to grow with a significant rate. 

Wi-Fi enabled audio device market is increasing at a significant rate due to increasing popularity of multi-room audio devices. With the help of multi-room audio devices, the consumers can listen to music in several rooms simultaneously. Most of the companies such as Sonos and LG have their own closed platforms that work on a mesh network with the use of Wi-Fi technology. Some of the manufacturers providing Wi-Fi enabled audio devices include Pure, LG, Bose Corporation, Bang & Olufsen, Sony, Panasonic and Phillips.

The market is dominated by North America region and Asia Pacific is expected to grow with the highest rate in the coming years. The dominance of North America is mainly due to lower cost of consumer equipment in the region. Additionally, the rising trend of smart homes in the region is also supporting the growth of North America wireless audio device market.

Some of the key players in the industry are Sony Corporation, Bose Corporation, Sennheiser, Sonos, Harman, Apple Inc., and Samsung among others. These companies are aiming for new product launches and more mergers & acquisitions to expand their market and act as hindrances for the new entrants from entering.

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