The Global Wireless Audio Devices Market is forecast to be valued at USD 194.85 billion by the end of 2027 at an annual growth rate of 18.8% during the projected timeframe, as per the recent analysis by Emergen Research. The market expansion is predominantly driven by the escalating demand for wireless audio devices from the commercial verticals and the accelerating innovation in the products’ technology. Augmenting investment and funding in R&D by the original equipment manufacturers (OEMs) to manufacture advanced devices is further propelling the market growth.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Wireless Audio Devices business sector. According to our expert team, the corona virus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Wireless Audio Devices industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdownrestrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
Competitive Overview:
The global Wireless Audio Devices market report closely studies the functioning mechanisms of the key companies participating in the global market. These companies are said to be following a slew of business expansion strategies to reinforce their financial positions in this market. As per the report, these companies account for a major portion of the overall Wireless Audio Devices market share. Therefore, this section of the report emphasizes the principal strategic initiatives led by these companies, including mergers & acquisitions, joint ventures, new business deals, new product launches, collaborations, technological upgradation, and several others.
Key Market Players:
Sony Corporation, Harman International Industries, Inc., Sennheiser Electronic GmbH & Co. Kg, Apple Inc., Samsung Electronics Co. Ltd., Plantronics, Inc., VIZIO, Inc., DEI Holdings, Inc., Sonos, Inc., and Bose Corporation, among others.
Global Wireless Audio Devices Market Report – Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Wireless Audio Devices market segments
1.3 Target players
1.4 Market analysis by type
1.5 Market analysis by application
1.6 Key learning objectives
1.7 Report timeline
- Global Growth Trends
2.1 Global Wireless Audio Devices market size
2.2 Latest trends of the Wireless Audio Devices market by region
2.3 Key corporate trends
- Global Wireless Audio Devices Market share by key players
3.1 Global Wireless Audio Devices Market size by manufacturers
3.2 Global Wireless Audio Devices Market key players
3.3 Products/solutions/services of major players
3.4 New entrants in the Wireless Audio Devices market
3.5 Mergers, acquisitions, joint ventures, and expansion plans
- Global Wireless Audio Devices Market by product type
4.1 Global Wireless Audio Devices Sales by Product
4.2 Global Wireless Audio Devices by Product Revenue
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