Wireless Audio Device Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	150 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185704

Best Price Guarantee
Price	from $4,850
Length	150 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185704

Wireless Audio Device Market

Growth Factors of wireless audio device market

The wireless audio device market size was valued at USD 55.36 billion in 2023. The market is projected to grow from USD 64.76 billion in 2024 to USD 206.84 billion by 2032, exhibiting a CAGR of 15.6% during the forecast period of 2024-2032.

The COVID-19 pandemic extensively disrupted the wireless audio device market, usually because of supply chain interruptions and not on time production. Consumer demand for non-crucial merchandise dipped as lockdowns and economic uncertainties affected shopping strength. However, the pandemic additionally drove an boom in domestic entertainment structures, as greater human beings shifted to faraway work and amusement at domestic, leading to a upward thrust in demand for wireless speakers, headphones, and soundbars. This mixed impact caused each demanding situations and growth possibilities, with manufacturers needing to adapt their techniques to fulfill converting purchaser needs all through the pandemic.

A key trend inside the wireless audio device marketplace is the integration of superior technology like voice assistance and AI. Devices prepared with voice command skills, including smart speakers, have gained reputation due to their convenience. Moreover, AI-powered noise-canceling generation is reworking wi-fi headphones, providing progressed sound stories. These innovations mirror developing client call for for seamless, multifunctional audio solutions. With tech giants continuing to spend money on these regions, wi-fi audio devices are becoming extra than simply sound products—they're evolving into smart, related devices that integrate with broader ecosystems.

One of the primary driving elements behind the increase of the wireless audio tool marketplace is the growing adoption of wireless technology, mainly Bluetooth and Wi-Fi. Consumers are leaning closer to comfort, ditching stressed devices for the liberty of wi-fi connectivity. The shift toward minimalism and portability, specifically among more youthful demographics, has pushed producers to develop light-weight, person-pleasant gadgets with sturdy battery existence and better sound exceptional. Additionally, the rise in media consumption thru smartphones and different cellular devices has similarly fueled the call for for wireless audio merchandise globally.

Comprehensive Analysis of Wireless Audio Device Market

The wireless audio device market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by device, by technology, by application. By Device include Headphones & Headsets, Earphones, Microphones ,Speaker Systems & Soundbars, Others (Power Amplifier). By Technology include Bluetooth, Wi-Fi ,Airplay, Others (SKAA). By Application includes Residential/Individual, Commercial, Automotive ,Others (Education).

The North America region lead the Wireless Audio Device Market share by benefitting a market size of USD 20.61 billion due to the growing adoption of wireless audio streaming devices such as headphones, earphones, and smart speakers by consumers across this region.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

March 2024: Qualcomm released its 1/3-generation S3 and S5 audio chips, focused on mid-to-high-cease headphones, earbuds, and audio system. These chipsets supplied superior performance and advanced functions, showcasing the business enterprise’s improvements in wireless audio technology.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 15.6% from 2024 to 2032

Unit Value (USD billion)

Segmentation By Device

- Headphones & Headsets

- Earphones

- Microphones

- Speaker Systems & Soundbars

- Others (Power Amplifier)

By Technology

- Bluetooth

- Wi-Fi

- Airplay

- Others (SKAA)

By Application

- Residential/Individual

- Commercial

- Automotive

- Others (Education)

By Region

- North America (By Device, Technology, Application, and Country)

U.S. (By Application)
Canada (By Application)
Mexico (By Application)

- Europe (By Device, Technology, Application, and Country)

U.K. (By Application)
Germany (By Application)
France (By Application)
Italy (By Application)
Spain (By Application)
Russia (By Application)
Benelux (By Application)
Nordics (By Application)
Rest of Europe

- Asia Pacific (By Device, Technology, Application, and Country)

China (By Application)
India (By Application)
Japan (By Application)
South Korea (By Application)
ASEAN (By Application)
Oceania (By Application)
Rest of Asia Pacific

- Middle East & Africa (By Device, Technology, Application, and Country)

Turkey (By Application)
Israel (By Application)
GCC (By Application)
North Africa (By Application)
South Africa(By Application)
Rest of Middle East & Africa

- South America (By Device, Technology, Application, and Country)

Brazil (By Application)
Argentina (By Application)
Rest of South America

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Wireless Audio Device Key Players Market Share Insights and Analysis, 2023
5. Global Wireless Audio Device Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Device (USD); 5.2.1. Headphones & Headsets; 5.2.2. Earphones; 5.2.3. Microphones; 5.2.4. Speaker Systems & Soundbars; 5.2.5. Others (Power Amplifier, etc.); 5.3. By Technology (USD); 5.3.1. Bluetooth; 5.3.2. Wi-Fi; 5.3.3. Airplay; 5.3.4. Others (SKAA, etc.); 5.4. By Application (USD); 5.4.1. Residential/Individual; 5.4.2. Commercial; 5.4.3. Automotive; 5.4.4. Others (Education, etc.); 5.5. By Region (USD); 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Middle East & Africa; 5.5.5. South America
6. North America Wireless Audio Device Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Device (USD); 6.2.1. Headphones & Headsets; 6.2.2. Earphones; 6.2.3. Microphones; 6.2.4. Speaker Systems & Soundbars; 6.2.5. Others (Power Amplifier, etc.); 6.3. By Technology (USD); 6.3.1. Bluetooth; 6.3.2. Wi-Fi; 6.3.3. Airplay; 6.3.4. Others (SKAA, etc.); 6.4. By Application (USD); 6.4.1. Residential/Individual; 6.4.2. Commercial; 6.4.3. Automotive; 6.4.4. Others (Education, etc.); 6.5. By Country (USD); 6.5.1. United States; 6.5.1.1. By Application; 6.5.2. Canada; 6.5.2.1. By Application; 6.5.3. Mexico; 6.5.3.1. By Application
7. Europe Wireless Audio Device Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Device (USD); 7.2.1. Headphones & Headsets; 7.2.2. Earphones; 7.2.3. Microphones; 7.2.4. Speaker Systems & Soundbars; 7.2.5. Others (Power Amplifier, etc.); 7.3. By Technology (USD); 7.3.1. Bluetooth; 7.3.2. Wi-Fi; 7.3.3. Airplay; 7.3.4. Others (SKAA, etc.); 7.4. By Application (USD); 7.4.1. Residential/Individual; 7.4.2. Commercial; 7.4.3. Automotive; 7.4.4. Others (Education, etc.); 7.5. By Country (USD); 7.5.1. United Kingdom; 7.5.1.1. By Application; 7.5.2. Germany; 7.5.2.1. By Application; 7.5.3. France; 7.5.3.1. By Application; 7.5.4. Italy; 7.5.4.1. By Application; 7.5.5. Spain; 7.5.5.1. By Application; 7.5.6. Russia; 7.5.6.1. By Application; 7.5.7. Benelux; 7.5.7.1. By Application; 7.5.8. Nordics; 7.5.8.1. By Application; 7.5.9. Rest of Europe
8. Asia Pacific Wireless Audio Device Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Device (USD); 8.2.1. Headphones & Headsets; 8.2.2. Earphones; 8.2.3. Microphones; 8.2.4. Speaker Systems & Soundbars; 8.2.5. Others (Power Amplifier, etc.); 8.3. By Technology (USD); 8.3.1. Bluetooth; 8.3.2. Wi-Fi; 8.3.3. Airplay; 8.3.4. Others (SKAA, etc.); 8.4. By Application (USD); 8.4.1. Residential/Individual; 8.4.2. Commercial; 8.4.3. Automotive; 8.4.4. Others (Education, etc.); 8.5. By Country (USD); 8.5.1. China; 8.5.1.1. By Application; 8.5.2. India; 8.5.2.1. By Application; 8.5.3. Japan; 8.5.3.1. By Application; 8.5.4. South Korea; 8.5.4.1. By Application; 8.5.5. ASEAN; 8.5.5.1. By Application; 8.5.6. Oceania; 8.5.6.1. By Application; 8.5.7. Rest of Asia Pacific
9. Middle East & Africa Wireless Audio Device Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Device (USD); 9.2.1. Headphones & Headsets; 9.2.2. Earphones; 9.2.3. Microphones; 9.2.4. Speaker Systems & Soundbars; 9.2.5. Others (Power Amplifier, etc.); 9.3. By Technology (USD); 9.3.1. Bluetooth; 9.3.2. Wi-Fi; 9.3.3. Airplay; 9.3.4. Others (SKAA, etc.); 9.4. By Application (USD); 9.4.1. Residential/Individual; 9.4.2. Commercial; 9.4.3. Automotive; 9.4.4. Others (Education, etc.); 9.5. By Country (USD); 9.5.1. Turkey; 9.5.1.1. By Application; 9.5.2. Israel; 9.5.2.1. By Application; 9.5.3. GCC; 9.5.3.1. By Application; 9.5.4. North Africa; 9.5.4.1. By Application; 9.5.5. South Africa; 9.5.5.1. By Application; 9.5.6. Rest of MEA
10. South America Wireless Audio Device Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Device (USD); 10.2.1. Headphones & Headsets; 10.2.2. Earphones; 10.2.3. Microphones; 10.2.4. Speaker Systems & Soundbars; 10.2.5. Others (Power Amplifier, etc.); 10.3. By Technology (USD); 10.3.1. Bluetooth; 10.3.2. Wi-Fi; 10.3.3. Airplay; 10.3.4. Others (SKAA, etc.); 10.4. By Application (USD); 10.4.1. Residential/Individual; 10.4.2. Commercial; 10.4.3. Automotive; 10.4.4. Others (Education, etc.); 10.5. By Country (USD); 10.5.1. Brazil; 10.5.1.1. By Application; 10.5.2. Argentina; 10.5.2.1. By Application; 10.5.3. Rest of South America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Apple Inc.; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. Samsung Electronics Co., Ltd.; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Logitech International S.A.; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. Sennheiser Electronic GmbH & Co. KG; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Sony Group Corporation; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. Zound Industries International AB; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Sonos, Inc.; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. Panasonic Corporation; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. Shure Incorporated; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. Bose Corporation; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments