An exciting new study from the team of Lucintel found that wireless audio market is expected to grow at a CAGR of 17% to 19%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The wireless audio market is segmented based on product, technology, functionality, application, and region. In this market, bluetooth+Wi-Fiis expected to remain the largest functionality, and consumers segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing consumer demand and rising number of smartphone users.
Apple Inc., HARMAN International Industries Inc., Bose Corporation, Sonos Inc., Sony Corporation, DEI Holdings, Inc., Sennheiser Electronic GmbH & Co. KG, VIZIO, Inc., VOXX International Corporation, and Plantronics Inc. are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global wireless audio market by product type (headphones, headsets, speaker systems, soundbars, microphones, others), technology (smart devices and non-smart devices), functionality (bluetooth, Wi-Fi, bluetooth+Wi-Fi, airplay, radio frequency, and others), application (home audio, commercial, consumer, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the wireless audio market?
Q.4 What are some changing demands of customers in the wireless audio market?
Q.5 What are the new developments in the wireless audio market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this wireless audio area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this wireless audio market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.