Global Wireless Audio Speaker Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as changing standard of living, wide range of applications, rise in disposable income, and easy availability significantly contribute to the growth of the market.
Wireless Audio Speaker Market is classified on the basis of product type, applications, distribution channel and geography. Wireless Audio Speaker Industry is segmented by product type as airplay technology, bluetooth technology, sonos technology, Wi-Fi technology, and others. Wireless Audio Speaker Market is classified on applications as automotive, consumer, commercial, home audio, and others (security & defense).
Wireless Audio Speaker Market is segmented by distribution channel as online stores, specialty stores and others. Wireless Audio Speaker Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.
By geography, North America is projected to account a major share of the Wireless Audio Speaker Market. However, Asia Pacific is expected to show significant growth rates in the Wireless Audio Speaker Industry. Some of the key players that fuel the growth of the Wireless Audio Speaker Market include Braven, Creative, Denon, HP, Hercules, Harman, JBL, LG, Logitech, Microchip Technology Inc., Philips, Samsung, Sony, Texas Instruments, Ultimate Ears, Yamaha, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Wireless Audio Speaker in these regions, from 2012 to 2022 (forecast), covering
• United States
• South Korea
Global Wireless Audio Speaker market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Texas Instruments
• Ultimate Ears
• Microchip Technology Inc.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Bluetooth technology
• Wi-Fi technology
• Sonos technology
• Airplay technology
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Wireless Audio Speaker for each application, including
• Home Audio
• Others (Security & Defense)
Research Support Specialist, USA