Market Size – USD 49.29 billion in 2019, Market Growth – CAGR of 18.8%, Market Trends –Growing preferences among consumers for portable devices.
The pandemic has severely disrupted the supply chain, raw material supplies, and demand for the product in the market, as China is one of the major suppliers for the raw materials as well as the finished product. The present condition can be a great opportunity for local manufacturers if they can efficiently cater to the growing demand. However, the scarcity of raw materials is still a major restraining factor in the market. As people are facing a financial crisis, there are changes in consumer buying behavior, which can adversely affect the industry. The liquidity shortfall and the cash crisis have already affected the sales of the product.
Asia-Pacific has the highest adoption rate in the market due to the increasing urban middle-class population in countries such as China, Japan, and India and the increasing disposable income of the consumers.
Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA
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Key participants include Harman International Industries, Inc., Apple Inc., Bose Corporation, Sony Corporation, Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH & Co. Kg, DEI Holdings, Inc., Plantronics, Inc., Sonos, Inc., and VIZIO, Inc., among others.
Product Outlook (Revenue, USD Billion; 2017-2027)
Wireless Headsets & Microphones
Sound Bars
Speaker systems
Other Products
Technology Outlook (Revenue, USD Billion; 2017-2027)
Wi-Fi
Bluetooth
Airplay
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Automotive
Consumer
Commercial
Others
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Wireless Audio Devices Market Segmentation & Impact Analysis
4.1. Wireless Audio Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing R&D for the development of new and advanced Wireless Audio Devices
4.2.2.2. Increasing Mobility Requirements
4.2.3. Market restraints analysis
4.2.3.1. Growing Budget constraints
4.2.3.2. Health Issues arising from prolonged use of audio devices
4.2.3.3. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Wireless Audio Devices Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Product Dynamics & Market Share, 2019 & 2027
5.1.1. Wireless Headsets & Microphones
5.1.2. Sound Bars
5.1.3. Speaker systems
5.1.4. Other Products
Continue…
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