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Wireless Audio Devices Market Size to Grow by USD 57887.46 million From 2022 to 2027, Customer Landscape, Vendor Assessment & Market Dynamics - Technavio
[November 16, 2022]

Wireless Audio Devices Market Size to Grow by USD 57887.46 million From 2022 to 2027, Customer Landscape, Vendor Assessment & Market Dynamics - Technavio


NEW YORK, Nov. 16, 2022 /PRNewswire/ -- Technavio categorizes the Global Wireless Audio Devices Market as a part of the parent consumer electronics market, which covers products and companies engaged in the manufacturing/marketing of consumer robotics, home audio and video products, televisions, digital cameras, and related products. The Global Wireless Audio Devices Market share is set to increase by USD 57887.46 million from 2022 to 2027. Moreover, the market's growth momentum will accelerate at a CAGR of 19.77% as per the latest market forecast report by Technavio. The market will also record a 13.95% Y-O-Y growth rate during the forecast period.

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Global Wireless Audio Devices Market - Customer Landscape

Our report analyzes the Life Cycle of the Global Wireless audio devices Market from the innovator's stage to the laggard's stage. The report illustrates the lifecycle of the global wireless audio devices market, focusing on the adoption rates of the major countries such as the US, China, Japan, the UK, and Germany. To help companies evaluate and develop growth strategies for 2022-2027. Our researchers have included –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycles
  • Drivers of price sensitivity
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Global Wireless audio devices Market – Vendor Analysis

Vendor Landscape - The global wireless audio devices market is fragmented due to the presence of numerous regional and global players. Vendors compete in terms of differentiated product offerings as well as business expansions. Some of the major players have a vast geographical presence and greater market outreach. The key vendors dominating the global portable speaker market are Apple Inc., Harman International Industries Inc., Bose Corp, Sonos Inc., Sony Corp., Sound United LLC, Sennheiser electronic GmbH and Co. KG, VIZIO Holding Corp. Inc., VOXX International Corp., Yamaha Corp., Zound Industries International AB, LG Electronics Inc., Imagine Marketing Pvt. Ltd., GN Store Nord AS, and Plantronics Inc. Market competition is expected to intensify during the forecast period, owing to technological innovations and the expansion of the operations of vendors in different regions. Vendors make significant investments in high-quality raw materials and focus on product-related R and D to develop advanced pianos. They also focus on building brand equity to differentiate themselves from their competitors. Therefore, the global portable speaker market is anticipated to witness high growth during the forecast period.

Vendor Offerings -

  • Apple Inc.: The company offers wireless audio devices such as AirPods pro and AirPods with MagSafe charging cases.
  • Bose Corp.: The company offers wireless audio devices such as QuietComfort 35 wireless headphones II and Bose QuietComfort earbuds.
  • Earin AB: The company offers wireless audio devices such as earbuds.
  • LG Electronics Inc.: The company offers wireless audio devices such as LG XBOOM Go XG5QBK portable bluetooth speaker w up to 18hr battery and XBOOM 360 omnidirectional sound portable wireless bluetooth speaker with mood lighting peacock green.
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Global Wireless Audio Devices Market - Segmentation Assessment

Geography Segment Overview

Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Wireless Audio Devices Market as per geography is categorized into APAC, North America, Europe, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Wireless Audio Devices Market size and actionable market understandings.

  • Regional Highlights - APAC is the fastest-growing region in the global wireless audio devices market compared to other regions. 30% of the market's growth will originate from APAC. The growth of the wireless audio devices market in the region is driven by the high population and rising disposable income. The presence of leading vendors such as Sony and Samsung Electronics in the region contributes to the increasing awareness of speakers in the region. In addition, the increase in investments in high-speed Internet services, such as long-term evolution and 5G will have a positive impact on the growth of the regional market.
  • Revenue Generating Segment Highlights - The Global Wireless Audio Devices Market as per product segmentation is categorized into Speaker systems, Headphones, and Others. The wireless audio devices market share growth by the speaker systems segment will be significant during the forecast period. Wireless speaker systems have an enhanced aesthetic appeal and numerous applications. One of the major factors that are positively influencing the growth of the segment is the increased penetration of wireless speakers among tourists. The demand for wireless speaker systems is increasing among tourists, especially the younger generation.

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Global Wireless audio devices Market – Market Dynamics

  • Major Driver - The convenience of wireless technology is driving the growth of the wireless audio devices market. The emergence of wireless technology was one of the technological advances in the 21st century. These short-range radio waves help in sharing data such as pictures, music, documents, and videos. It is also used in headphones and speakers to transfer signals, which help in sharing sound from a smart device to a wireless audio device. In addition, the abandonment of wireless audio devices such as headphone jacks by smartphone manufacturers such as Apple is also expected to drive the wireless audio devices market during the forecast period. This is likely to increase the requirement for wireless audio devices rather than conventional wired audio devices. The cord-free feature of wireless audio devices is convenient for users. It offers mobility and a hands-free experience to continue doing any other task without hassles. Noise filtering, long-distance operations, multitasking, high-quality audio, reliability, and multitasking are some of the key features of wireless audio devices that are driving the market.
  • Major Trend - The advent of cloud-hosted music streaming services is a major trend in the market. Cloud computing provides individuals with legal access to online music. It allows subscribed users to access digital content stored on remote servers. The rising adoption of cloud-hosted music services will lead to an increase in music streaming during the forecast period. This is expected to increase the applications of wireless audio devices. In addition, products such as Amazon Echo connect to the Alexa Voice Service to play music and provide real-time information on news, sports scores, and weather. This is opening up new opportunities for service providers to create exclusive services around these devices.
  • Major Challenges - The need for high-speed internet connectivity may challenge the wireless audio devices market growth. Though many countries, such as South Korea, Japan, and the UK, have high-speed Internet infrastructure, several countries, such as South Africa, lack such network infrastructure, which affects the adoption of smart speakers in such countries. End-users of wireless audio devices rely on Bluetooth or a Wi-Fi plugin to connect their smart audio devices, such as headphones and speakers, to other devices that are part of home automation systems, including devices such as surveillance systems and smart lighting systems and smart locks. To achieve a reliable connection between smart speakers, headphones, and home automation devices, Internet connectivity is required. Poor network coverage results in poor connection, no voice command, and automatic disconnection from Wi-Fi. The lack of high-speed Internet connectivity defeats the purpose of smart wireless audio device speakers.

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Wireless audio devices Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist wireless audio devices market growth during the next five years
  • Estimation of the wireless audio devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the wireless audio devices market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wireless audio devices market vendors

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  • The digital video recorder market share is expected to increase to USD 6.76 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.31%. The increasing penetration of mobile computing devices is notably driving the digital video recorder (DVR) market growth, although factors such as the slow internet speed leads to disruptions in video surveillance may impede the market growth.




Wireless Audio Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2022

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 19.77%

Market growth 2023-2027

USD 57887.46 million

Market structure

Fragmented

YoY growth (%)

13.95

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 30%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Apple Inc., Bose Corp., Earin AB, FKA Distributing Co. LLC, GN Store Nord AS, LG Electronics Inc., Masimo Corp., PHAZON, Plantronics Inc., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH and Co. KG, Shure Inc., Sonos Inc., Sony Group Corp., TruSound Audio, VIZIO Holding Corp. Inc., VOXX International Corp., Xiaomi Inc, Yamaha Corp., and Zound Industries International AB

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table Of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global wireless audio devices market 2017 - 2021
    • Exhibit 18: Historic Market Size – Data Table on Global wireless audio devices market 2017 - 2021 ($ million)
  • 4.2 Product Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
  • 4.3 Application Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between2022 and 2027
  • 5.2 Bargaining power of buyers
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments
    • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
  • 6.2 Comparison by Product
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 Speaker systems - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Speaker systems - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Speaker systems - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Speaker systems - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Speaker systems - Year-over-year growth 2022-2027 (%)
  • 6.4 Headphones - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Headphones - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Headphones - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Headphones - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Headphones - Year-over-year growth 2022-2027 (%)
  • 6.5 Others - Market size and forecast 2022-2027
    • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Product
    • Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Application

  • 7.1 Market segments
    • Exhibit 47: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 48: Data Table on Application - Market share 2022-2027 (%)
  • 7.2 Comparison by Application
    • Exhibit 49: Chart on Comparison by Application
    • Exhibit 50: Data Table on Comparison by Application
  • 7.3 Residential - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Residential - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Residential - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Residential - Year-over-year growth 2022-2027 (%)
  • 7.4 Commercial - Market size and forecast 2022-2027
    • Exhibit 55: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Commercial - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
  • 7.5 Automotive - Market size and forecast 2022-2027
    • Exhibit 59: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Automotive - Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by Application
    • Exhibit 63: Market opportunity by Application ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview
    • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation
    • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison
    • Exhibit 67: Chart on Geographic comparison
    • Exhibit 68: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 APAC - Market size and forecast 2022-2027
    • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027
    • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027
    • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027
    • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 UK - Market size and forecast 2022-2027
    • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.11 Japan - Market size and forecast 2022-2027
    • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.12 Germany - Market size and forecast 2022-2027
    • Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography
    • Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges
    • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 112: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 113: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 114: Vendors covered
  • 12.2 Market positioning of vendors
    • Exhibit 115: Matrix on vendor position and classification
  • 12.3 Apple Inc.
    • Exhibit 116: Apple Inc. - Overview
    • Exhibit 117: Apple Inc. - Business segments
    • Exhibit 118: Apple Inc. - Key news
    • Exhibit 119: Apple Inc. - Key offerings
    • Exhibit 120: Apple Inc. - Segment focus
  • 12.4 Bose Corp.
    • Exhibit 121: Bose Corp. - Overview
    • Exhibit 122: Bose Corp. - Product / Service
    • Exhibit 123: Bose Corp. - Key news
    • Exhibit 124: Bose Corp. - Key offerings
  • 12.5 Earin AB
    • Exhibit 125: Earin AB - Overview
    • Exhibit 126: Earin AB - Product / Service
    • Exhibit 127: Earin AB - Key offerings
  • 12.6 LG Electronics Inc.
    • Exhibit 128: LG Electronics Inc. - Overview
    • Exhibit 129: LG Electronics Inc. - Business segments
    • Exhibit 130: LG Electronics Inc. - Key news
    • Exhibit 131: LG Electronics Inc. - Key offerings
    • Exhibit 132: LG Electronics Inc. - Segment focus
  • 12.7 Masimo Corp.
    • Exhibit 133: Masimo Corp. - Overview
    • Exhibit 134: Masimo Corp. - Product / Service
    • Exhibit 135: Masimo Corp. - Key news
    • Exhibit 136: Masimo Corp. - Key offerings
  • 12.8 Plantronics Inc.
    • Exhibit 137: Plantronics Inc. - Overview
    • Exhibit 138: Plantronics Inc. - Business segments
    • Exhibit 139: Plantronics Inc. - Key offerings
    • Exhibit 140: Plantronics Inc. - Segment focus
  • 12.9 Samsung Electronics Co. Ltd.
    • Exhibit 141: Samsung Electronics Co. Ltd. - Overview
    • Exhibit 142: Samsung Electronics Co. Ltd. - Business segments
    • Exhibit 143: Samsung Electronics Co. Ltd. - Key news
    • Exhibit 144: Samsung Electronics Co. Ltd. - Key offerings
    • Exhibit 145: Samsung Electronics Co. Ltd. - Segment focus
  • 12.10 Sennheiser Electronic GmbH and Co. KG
    • Exhibit 146: Sennheiser Electronic GmbH and Co. KG - Overview
    • Exhibit 147: Sennheiser Electronic GmbH and Co. KG - Business segments
    • Exhibit 148: Sennheiser Electronic GmbH and Co. KG - Key news
    • Exhibit 149: Sennheiser Electronic GmbH and Co. KG - Key offerings
    • Exhibit 150: Sennheiser Electronic GmbH and Co. KG - Segment focus
  • 12.11 Shure Inc.
    • Exhibit 151: Shure Inc. - Overview
    • Exhibit 152: Shure Inc. - Product / Service
    • Exhibit 153: Shure Inc. - Key offerings
  • 12.12 Sonos Inc.
    • Exhibit 154: Sonos Inc. - Overview
    • Exhibit 155: Sonos Inc. - Product / Service
    • Exhibit 156: Sonos Inc. - Key offerings
  • 12.13 Sony Group Corp.
    • Exhibit 157: Sony Group Corp. - Overview
    • Exhibit 158: Sony Group Corp. - Business segments
    • Exhibit 159: Sony Group Corp. - Key offerings
    • Exhibit 160: Sony Group Corp. - Segment focus
  • 12.14 TruSound Audio
    • Exhibit 161: TruSound Audio - Overview
    • Exhibit 162: TruSound Audio - Product / Service
    • Exhibit 163: TruSound Audio - Key offerings
  • 12.15 VIZIO Holding Corp. Inc.
    • Exhibit 164: VIZIO Holding Corp. Inc. - Overview
    • Exhibit 165: VIZIO Holding Corp. Inc. - Product / Service
    • Exhibit 166: VIZIO Holding Corp. Inc. - Key offerings
  • 12.16 VOXX International Corp.
    • Exhibit 167: VOXX International Corp. - Overview
    • Exhibit 168: VOXX International Corp. - Business segments
    • Exhibit 169: VOXX International Corp. - Key offerings
    • Exhibit 170: VOXX International Corp. - Segment focus
  • 12.17 Yamaha Corp.
    • Exhibit 171: Yamaha Corp. - Overview
    • Exhibit 172: Yamaha Corp. - Business segments
    • Exhibit 173: Yamaha Corp. - Key offerings
    • Exhibit 174: Yamaha Corp. - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 175: Inclusions checklist
    • Exhibit 176: Exclusions checklist
  • 13.3 Currency conversion rates for US$
    • Exhibit 177: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 178: Research methodology
    • Exhibit 179: Validation techniques employed for market sizing
    • Exhibit 180: Information sources
  • 13.5 List of abbreviations
    • Exhibit 181: List of abbreviations
  • The others product segment includes soundbars and microphones. Soundbars provide powerful sound and offer a cinematic experience at home. They provide surrounding sound without the installation of many visible loudspeakers or cables.
  • Moreover, these microphones are increasingly being used in live shows and concerts by artists. This allows them to use the stage conveniently and reduces the risk of tripping over the wire of microphones. Considering these factors, the market for wireless microphones is expected to grow during the forecast period.
  • Consumers are becoming aware of the benefits of these products and technologies. The region accounted for the highest smartphone shipment in 2021, which led to the increased demand for wireless audio devices. The growing adoption of smartphones is likely to increase the demand for wireless audio devices during the forecast period.
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