Wireless Audio Market - Forecast(2021 - 2026)

Wireless Audio Systems, as the name suggests, transfer audio signals from one place to another without the use of wires. Wireless Audio System usually uses Radio Frequency (RF). In some cases, Electromagnetic Waves are also used. The main benefit of Wireless Audio System is that, there are no interconnecting wires and hence, no need for worries regarding the wear and tear of intermediate components. Since past few years, there has been a tremendous growth in the market share of Wireless Audio Systems. Wireless Communications has also played an instrumental role in the growth of Semi-Conductor and Electronic devices.

Wireless Audio Market Report provides a detailed analysis on the industry by Technology, By type of products, By Frequency Range, By Application and By Geography. The market has been segmented by Technology into Wi-fi, Bluetooth, Airplay, Sonos, DLNA and few others. Further segregation is done on the basis of Frequency Bandwidth into various ranges such as 500-694 MHz, 900-928 MHz and few others. The Wireless Audio is classified into types of products such as Microphone, Speakers, Radio, Headphones and others. The Wireless Audio System is used in various areas such as Sporting Events, Music Concerts, TV & Radio Broadcasting and few others.

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The Americas accounted for the largest share in the Wireless Audio Market in terms of value as well as the volume in recent years. Within Americas, The U.S. is at the forefront amongst all the other countries in terms of commercializing new technologies. Europe followed closely due to the large wireless audio market in TV broadcasting. The APAC region is the fastest growing market for Wireless Audio Systems as the improving economy combined with growing consumer electronics market is said to drive the demand for wireless audio.

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The key players of the Wireless Audio Market are listed below:

Apple, Inc. (The U.S.)

Bose Corporation (The U.S.)

Sonos, Inc. (The U.S.)

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Dei Holdings, Inc. (The U.S.)

Harman International Industries, Inc. (The U.S.)

Samsung Group (South Korea)

The methodology involved in estimating the Wireless Audio Market is highly depended on the Technology type. The Bluetooth technology has been forecasted to dominate the Wireless Audio Market because of its higher throughput, more ubiquitous usage and linking with Wi-Fi and Ultra-Wide Band (UWB) broadcast technology. The companies involved in Wireless Audio are also studied from the perspective of their product portfolio, annual turnover and few other parameters. These data were further validated with industry experts both at technical and market levels.

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