Contributions of Market Players in Wireless Audio Device Drives the Market Growth

Published: Jul 2023

The global wireless audio device market is anticipated to grow at a CAGR of 17.5% during the forecast period. The wireless audio device market has experienced significant growth in recent years due to market players' focus on innovation, technological advancements, and consumer-oriented product development. This has led to increased adoption of wireless audio devices across various sectors, including entertainment, gaming, sports, and fitness. The market is expected to continue growing due to advancements that will further enhance the user experience. Therefore the market players such as Samsung, Huawei, and Harman International (JBL), among others are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, funding, collaborations, and new product launches to stay competitive in the market. For instance,

Browse the full report description of “Wireless Audio Device Market Size, Share & Trends Analysis Report by Device (Headphones & Headsets, Earphones, Microphones, Speaker Systems & Soundbars, Others), by Technology (Bluetooth, Wi-Fi, Airplay, Others), and by Application (Residential/Individual, Commercial, Automotive) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/wireless-audio-device-market

In March 2023, Samsung launched its new portable Bluetooth speaker, Sound Tower MX-ST45B, in Brazil. The speaker has up to 160 W RMS with output on two sides of the device. It has a 12-hour battery life and is water-resistant with IPX5 protection. The Sound Tower MX-ST45B supports AAC, WAV, FLAC, MP3, and Bluetooth multi-connection, meaning the speaker can be simultaneously connected to multiple devices. The speaker has a practical, easy-to-use, portable design that is perfect for any occasion, including outdoors. It also has LED lights that liven up the environment.

In January 2021, JBL launched the Tour Headphone Series, designed for business professionals. The series includes two headphone models, the JBL Tour ONE over-ear noise-canceling headphones and the JBL Tour Pro+ true wireless in-ear headphones. Both models offer advanced features such as ultimate ANC technology, spatial sound, and smart features. The JBL Tour ONE over-ear headphone is designed to provide a comfortable fit for long listening sessions and feature a 40-hour battery life.

Market Coverage

The market number available for – 2023-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Device

o By Technology

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape-includes as Apple, Samsung Electronics Co., Ltd., Sony Group Corp., Bose, and HARMAN International, among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Wireless Audio Device Market Report Segment

By Device

  • Headphones & Headsets
  • Earphones
  • Microphones
  • Speaker Systems & Soundbars
  • Others (Wireless Earbuds, Smart Speakers)

By Technology

  • Bluetooth
  • Wi-Fi
  • Airplay
  • Others ( Zigbee, Near Field Communication (NFC))

By Application

  • Residential/Individual
  • Commercial
  • Automotive 

Global Wireless Audio Device Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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