Wireless Audio Device Market worth $13.75 Billion by 2018

Monday 18 November 2013, Amsterdam

According to a new market research report "Wireless Audio Device Market By Products (Speakers, Headphones, Sound-Bars & Microphones),Technology (Bluetooth, Airplay, SKAA, & Wi-Fi), Application (Home, Consumer, Commercial, Automotive & Defense) - Global Forecast & Analysis (2013 – 2018)" available on ASDReports.com , the total market is expected to generate revenues of $13.75 billion by 2018, growing at an estimated CAGR of 24.02% from 2013-2018.

Driving the evolution of wireless technology is customers’ increasing expectations for high quality sound, unrestricted mobility and aesthetically appealing products.Wireless technologies enable one or more devices to communicate without an actual wired connection, thereby reducing the mesh of wire around an audio system. Radio frequency, Infra-Red, Bluetooth, SkAA, WI-Fi are being increasingly used to stream audio.

This report presents the future of the global market and industry from both technical and market-oriented perspectives with techno-market oriented road maps till 2018. This report describes the market trends, drivers, restraints and opportunities of the wireless audio device market and forecasts the market to 2018, based on product, application, and geography.The report presents a detailed analysis of the product market and forecasts the growth for each one of them. The report covers regions such as Americas, Europe, Asia-Pacific, and ROW (Rest of the World). In 2012,Americas was the largest region in terms of market revenue and volume shipment for the wireless audio device market. APAC, Europe, and ROW are also promising markets, with China, India, Germany, and Africa provides an impetus to the growth.

The report profiles 20 promising players with a SWOT analysis of key players in the wireless audio device market ecosystem. The competitive landscape of the market presents quite an interesting picture, where large numbers of new products have been launched since 2011. The market is witnessing a series of key developments such as announcements and partnerships across the value chain. A few big announcements by small and big players alike are expected in the coming months. Some of the key players in the wireless audio device market include Bose Corporation (U.S.), Harman International Industries (U.S.), Sennheiser Electronic Gmbh (Germany), Sony Corporation (Japan), Philips (The Netherlands), Voxx International (U.S.), Shure, Inc. (U.S.) Vizio, Inc. (U.S.), Plantronics, Inc. (U.S.) and Polk Audio (U.S.).