Wireless Audio Market Share 2020 In-Depth Analysis of Industry Growth Trends & Forecast up to 2026
Category: #Technology  By Partha Ray  Date: 2020-05-04
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Wireless Audio Market Share 2020 In-Depth Analysis of Industry Growth Trends & Forecast up to 2026

A detailed analysis of the wireless audio market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the technology and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the wireless audio market report also contains information on the pivotal industry insights for core players to look out for.

The wireless audio market is dynamic and rapidly growing due to rise in demand for Bluetooth or Wi-Fi-enabled microphones, sound-bars, headphones, and speakers among consumers. Moreover, high expenditure of OEMs operating in the semiconductor industry for wireless devices is bolstering market demand.

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The commercial & special application segment held a significant wireless audio market share in 2019 due to the increasing demand for wireless infotainment devices across the automotive sector. Key market players are focusing on the provision of innovative products to the automotive sector, which will help them hold a significant market share in the industry.

Product analysis:

Product segmentation: The report claims that the product landscape of the wireless audio market is subdivided into –

  • Speaker system
  • Microphones
  • Headphones
  • Sound bars

Important pointers encompassed pertaining to the product spectrum:

  • Major details about the product spectrum are provided in the report.
  • The study elaborates on the remuneration forecast of each of the product categories by the end of the anticipated duration.
  • The market share which each of the product segments account are mentioned in the study.
  • Also, the most proliferating trends that the product spectrum is characterized by are also entailed.

Technology analysis:

Technology segmentation: The report states the technology landscape of the wireless audio market to be split into –

  • Bluetooth
  • Wi-Fi
  • Radiofrequency
  • Airplay

Important pointers encompassed pertaining to the technology spectrum:

  • Substantial details about the technology spectrum are provided in the report.
  • The study mentions about the valuation estimate of each of the technology categories in detail, by the end of the forecast period.
  • The market share that each of the technology segments account are mentioned in the study.
  • The trends that the technology landscape is defined by are also contained in the report.

The market is highly fragmented and low entry cost in terms of capital is increasing the number of new entrants in the market. Some of the prominent market players operating in the wireless audio market are Sonos, Inc., Avnera Corporation, Bose Corporation, Sennheiser Electronic GmbH, DEI Holdings Inc., Harman International Inc., Vizio Inc., Koninklijke Philips N.V., Logitech International SA, Plantronics, Inc., Philips Electronics Corporation, Polk Audio, Inc., Apple Inc., Shure, Boston Acoustics, Inc., Sony Corporation, VOXX International Corporation, and Bluetooth Sig, Inc.

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The wireless audio market research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the wireless audio market has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the wireless audio market.

 

About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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