Global Wireless Audio Devices Market to Reach US$ 191.1 Billion by 2032, Propelled by the Rising Employment of Infotainment Devices

March 13, 2023 | Electronics and Semiconductors

The latest report by IMARC, titled “Wireless Audio Devices Market Report by Product (Wireless Headsets and Microphones, Wireless Speaker Systems, Sound Bars, and Others), Technology (Bluetooth, Wi-Fi, Airplay, and Others), Application (Commercial, Consumer, Automotive, and Others), and Region 2024-2032”, finds that the global wireless audio devices market size reached US$ 53.1 Billion in 2023. Wireless audio devices refer to electronic equipment which are used to transmit and receive numerous audio signals through wireless technologies, such as wi-fi, Bluetooth, and airplay. These systems are easy to install, convenient, and offer the same quality offered by traditional wired audio systems, while providing higher flexibility for speaker placement and installation. They are used for real-time wireless media streaming from audio-enables devices to output systems. Some commonly available wireless audio devices include microphones, headphones, speakers, audio systems, and sound bars. In recent years, wireless audio devices have gained traction due to the wide product employment in numerous industry verticals, such as consumer, commercial, automotive, and defense.

Global Wireless Audio Devices Market Trends:

One of the primary factors driving the market is the rising employment of infotainment devices. Additionally, the exponential growth in the electronics sector is creating a positive market outlook. Other than this, augmenting demand for mobility services on account of the need for effective connectivity and convenient access to information and resources, is positively influencing the market growth. Wireless audio devices also offer numerous benefits, such as portability, manageability, and remote accessibility for audio communication, thereby propelling the market growth. Furthermore, the rising adoption of smart devices, such as tablets, smartphones, laptops, streaming media players, and other gadgets, are leading to increased sales of wireless audio devices. Moreover, key players are introducing numerous product variants, such as the introduction of next-generation wireless audio systems, that can track health and fitness of the wearers and control home devices and connected electrical appliances. Other growth-inducing factors include expanding disposable income levels of the masses and extensive research and development (R&D) activities. Looking forward, IMARC Group expects the market value to reach US$ 191.1 Billion by 2032, expanding at a CAGR of 14.8% during the forecast period (2024-2032).

Market Summary:

On the basis of the product, the market has been divided into wireless headsets and microphones, wireless speaker systems, sound bars, and others.
Based on technology, the market has been segmented into Bluetooth, wi-fi, airplay, and others.
On the basis of the application, the market has been categorized into commercial, consumer, automotive, and others.
Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has also been analzyed, with some of the key players being Apple Inc., Bose Corporation, Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH & Co., Shure Incorporated, Sonos Inc., Sony Corporation, VIZIO Inc., and VOXX International Corporation.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product, Technology, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Apple Inc., Bose Corporation, Koninklijke Philips N.V, Samsung Electronics Co. Ltd., Sennheiser electronic GmbH & Co. KG, Shure Incorporated, Sonos Inc., Sony Corporation, VIZIO Inc. and VOXX International Corporation.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N A
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Wireless Audio Devices Market to Reach US$ 191.1 Billion by 2032, Propelled by the Rising Employment of Infotainment Devices

Purchase options

Single User License $2499
Five User License $3499
Corporate User License $4499

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.