ワイヤレスオーディオデバイス市場 – 2029年までの世界予測

Wireless Audio Device Market - Global Forecast to 2029

ワイヤレスオーディオデバイス市場 - 製品 (真のワイヤレスヒアラブル/イヤホン、ヘッドセット、イヤホン)、テクノロジー (Bluetooth、Airplay、Wi-Fi)、用途 (コンシューマ、ホーム オーディオ、自動車)、機能 (スマート、非スマート)、および地域別 - 2029年までの世界予測
Wireless Audio Device Market by Product (True Wireless Hearables/Earbuds, Headsets, Earphones), Technology (Bluetooth, Airplay, Wi-Fi), Application (Consumer, Home Audio, Automotive), Functionality (Smart, Non-smart) and Region - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年8月
ページ数250
図表数229
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Wireless Audio Device Market is projected to reach from USD 56.5 billion in 2024 to USD 70.9 billion by 2029; it is expected to grow at a CAGR of 4.7% from 2024 to 2029.

ワイヤレスオーディオデバイス市場は、2024年の565億ドルから2029年までに709億ドルに達すると予測されています。 2024 年から 2029 年までに 4.7% の CAGR で成長すると予想されています。

Consumers are becoming increasingly aware of smart gadget features, components, and value propositions. This empowers individuals to make better purchasing judgments. The popularity of smart voice assistants originates from their capacity to improve users’ daily lives in a practical and enjoyable manner. Encouragement and social interaction influence user happiness with AI-enabled products. Smart speakers’ broad adoption opens up new potential for radio to improve its technological reach and broadcasting, and also to grow into podcasting and in-car audio.

ワイヤレスオーディオデバイス市場 - 2029年までの世界予測
Wireless Audio Device Market – Global Forecast to 2029

Key players operating in the wireless audio device market are Apple Inc (US), SAMSUNG (South Korea), Bose Corporation (US), Sonos, Inc. (US), Sony Corporation (Japan).

ワイヤレスオーディオデバイス市場 - 2029年までの世界予測 12
Wireless Audio Device Market

“The true wireless hearable/earpods is projected to grow at the highest CAGR during the forecast period.”

The market is driven by continuous developments in characteristics such as noise reduction, gesture controls, audio assistance, audio quality, lifespan of batteries, and connection. The potential to create an immersive, three-dimensional listening experience is growing into a popular attribute among consumers when selecting earbuds. The increased popularity of smartphones is boosting the TWS earbuds market, because they are commonly sold as smartphone accessories.

“The Bluetooth technology is projected to have the highest growth during the forecast period.”

The use of Bluetooth is gaining popularity for various compelling reasons, including its adaptability, efficiency, and ongoing innovation. Bluetooth has proven its position as an important technology in a variety of industries, including audio, healthcare, smart homes, and industrial IoT. The ability to offer wireless communication between devices makes it indispensable for advanced technologies. Bluetooth’s low power consumption is one of its most distinguishing characteristics. The efficiency is especially important for battery-powered devices, which may operate for a longer period of time without the need for frequent recharging.

ワイヤレスオーディオデバイス市場 - 2029年までの世界予測 ecosustem
Wireless Audio Device Market – ecosystem

“Asia Pacific region is likely to register highest CAGR.”

Rapid development in Asia-Pacific countries is contributing to a more independent lifestyle. Consumers want audio solutions that are convenient for their on-the-go activities, such as commuting or working out. Wireless audio devices meet this desire by offering the option of unattached listening. As disposable incomes improve in many Asia-Pacific countries, people are more prepared to invest in technological goods, such as wireless audio devices. Consumers are also drawn to the visual appeal and range of styles available on the market, which allows them to select products that match their unique style.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 18%, Tier 2 – 22%, Tier 3 – 60%
  • By Designation— C-level Executives – 21%, Directors – 35%, Others – 44%
  • By Region—North America – 45%, Europe – 20%, Asia Pacific – 30%, RoW – 5%
ワイヤレスオーディオデバイス市場 - 2029年までの世界予測 region
Wireless Audio Device Market – region

The wireless audio device market is dominated by a few globally established players such as Apple Inc (US), SAMSUNG (South Korea), Bose Corporation (US), Sonos, Inc. (US), Sony Corporation (Japan), Masimo (US), Sennheiser electronic SE & Co. KG (Germany), VOXX International Corp.(US), VIZIO, Inc. (US), Marshall Group AB (Sweden). The study includes an in-depth competitive analysis of these key players in the wireless audio device market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the wireless audio device market and forecasts its size by product, technology, application, functionality, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the wireless audio device ecosystem.

Key Benefits to Buy the Report:

  • Analysis of Key Drivers (Surge in demand for truly wireless (TWS) earbuds and headphones, Adoption of wireless audio devices in commercial sector, Rising need for Bluetooth and portable speakers). Restraints (Restrictive radio frequency spectrum in audio equipment, Hearing impairment from prolonged use of headphones and earbuds, Interference caused by wireless audio devices in functioning of implanted medical devices). Opportunities (Gaining popularity among health and fitness sector, Advent of Bluetooth LE Audio, Integration of smart home assistants and home theaters) and Challenges (Compromising audio quality due to bandwidth constraints, coding delays, and errors).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the wireless audio device market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the wireless audio device market across varied regions.
  • Market Diversification: Exhaustive information about new solutions, untapped geographies, recent developments, and investments in the wireless audio device market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Apple Inc (US), SAMSUNG (South Korea), Bose Corporation (US), Sonos, Inc. (US), Sony Corporation (Japan) among others in the wireless audio device market.

Table of Contents

1            INTRODUCTION            22

1.1         STUDY OBJECTIVES      22

1.2         MARKET DEFINITION   22

1.3         STUDY SCOPE  23

1.3.1      MARKETS & REGIONS COVERED            23

1.3.2      YEARS CONSIDERED     24

1.3.3      INCLUSIONS AND EXCLUSIONS 24

1.4         CURRENCY CONSIDERED          25

1.5         UNITS CONSIDERED     25

1.6         LIMITATIONS   25

1.7         STAKEHOLDERS            25

1.8         SUMMARY OF CHANGES            26

2            RESEARCH METHODOLOGY     27

2.1         INTRODUCTION            27

2.2         RESEARCH DATA           29

2.2.1      SECONDARY DATA       29

2.2.1.1   Secondary sources             30

2.2.1.2   Key data from secondary sources     30

2.2.2      PRIMARY DATA 30

2.2.2.1   Breakdown of primary interviews     31

2.2.2.2   Key data from primary sources         31

2.2.2.3   Key industry insights          32

2.2.2.4   Primary sources   32

2.3         FACTOR ANALYSIS        33

2.4         MARKET SIZE ESTIMATION       33

2.4.1      BOTTOM-UP APPROACH           35

2.4.1.1   Approach to estimate market size using bottom-up analysis       35

2.4.2      TOP-DOWN APPROACH             36

2.4.2.1   Approach to estimate market size using top-down approach

(supply side)        36

2.5         MARKET BREAKDOWN & DATA TRIANGULATION          37

2.6         RESEARCH ASSUMPTIONS         38

2.6.1      ASSUMPTIONS 38

2.7         RESEARCH LIMITATIONS           38

2.8         RISK ASSESSMENT         39

3            EXECUTIVE SUMMARY 40

4            PREMIUM INSIGHTS      44

4.1         ATTRACTIVE GROWTH OPPORTUNITIES IN WIRELESS AUDIO DEVICE MARKET            44

4.2         WIRELESS AUDIO DEVICE MARKET, BY APPLICATION   44

4.3         WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY 45

4.4         WIRELESS AUDIO DEVICE MARKET, BY PRODUCT         45

4.5         WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY           46

4.6         WIRELESS AUDIO DEVICE MARKET IN ASIA PACIFIC,

BY APPLICATION AND FUNCTIONALITY            46

5            MARKET OVERVIEW     47

5.1         INTRODUCTION            47

5.2         MARKET DYNAMICS     47

5.2.1      DRIVERS            48

5.2.1.1   Elevating demand for true wireless earbuds and headphones     48

5.2.1.2   Rising adoption of wireless audio devices in commercial sector  49

5.2.1.3   Increasing use of Bluetooth and portable speakers       49

5.2.2      RESTRAINTS     50

5.2.2.1   Restrictive radio frequency spectrum in audio equipment          50

5.2.2.2   Hearing impairment from prolonged use of headphones and earbuds       50

5.2.2.3   Disruption in operation of implanted medical devices due to interference from wireless audio devices        51

5.2.3      OPPORTUNITIES           51

5.2.3.1   Popularity of wireless audio devices in health and fitness sector 51

5.2.3.2   Advent of Bluetooth LE Audio         52

5.2.3.3   Integration of smart home assistants and home theaters             52

5.2.4      CHALLENGES   53

5.2.4.1   Compromised audio quality due to bandwidth constraints,

coding delays, and errors   53

5.3         VALUE CHAIN ANALYSIS            54

5.4         ECOSYSTEM ANALYSIS 56

5.5         INVESTMENT AND FUNDING SCENARIO            57

5.6         PRICING ANALYSIS        58

5.6.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT              59

5.6.2      AVERAGE SELLING PRICE TREND OF WIRELESS AUDIO DEVICES, BY REGION             60

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       61

5.8         TECHNOLOGY ANALYSIS           62

5.8.1      KEY TECHNOLOGIES    62

5.8.1.1   Bluetooth            62

5.8.1.2   Wi-Fi     62

5.8.2      CONTEMPORARY TECHNOLOGIES        63

5.8.2.1   Active voice cancellation (AVC)      63

5.8.2.2   Near field communication (NFC)    63

5.8.3      ADJACENT TECHNOLOGIES      63

5.8.3.1   Augmented reality (AR) and virtual reality (VR)          63

5.8.3.2   Smart home integration     64

5.9         PORTER’S FIVE FORCES ANALYSIS         65

5.9.1      THREAT OF NEW ENTRANTS    66

5.9.2      THREAT OF SUBSTITUTES         67

5.9.3      BARGAINING POWER OF SUPPLIERS     67

5.9.4      BARGAINING POWER OF BUYERS           67

5.9.5      INTENSITY OF COMPETITIVE RIVALRY 67

5.10       KEY STAKEHOLDERS AND BUYING CRITERIA    68

5.10.1    KEY STAKEHOLDERS IN BUYING PROCESS         68

5.10.2    BUYING CRITERIA         68

5.11       CASE STUDY ANALYSIS 69

5.11.1    ROWKIN, INC. (US) INTEGRATES BLUETOOTH 5.0 TECHNOLOGY IN ITS EARBUDS FOR QUICK PAIRING AND ENHANCED AUDIO QUALITY  69

5.11.2    TIMEKETTLE TECHNOLOGY INTRODUCES AI-POWERED TRANSLATOR EARBUDS FOR SEAMLESS MULTILINGUAL COMMUNICATION              69

5.11.3    WISEER ENABLES INTUITIVE MUSIC CONTROLS USING NEURAL

INTERFACE TECHNOLOGY       70

5.12       TRADE ANALYSIS          70

5.12.1    IMPORT SCENARIO (HS CODE 851830)  70

5.12.2    EXPORT SCENARIO (HS CODE 851830)  71

5.13       PATENT ANALYSIS        72

5.14       KEY CONFERENCES AND EVENTS          75

5.15       REGULATORY LANDSCAPE       76

5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          76

5.15.2    STANDARDS     77

5.15.2.1 ISO/IEC 18000-6:2010     77

5.15.2.2 ISO 14915-1:2002             77

5.16       IMPACT OF AI/GEN AI ON WIRELESS AUDIO DEVICE MARKET  77

5.16.1    INTEGRATION OF AI INTO WIRELESS AUDIO DEVICES: USE CASES              78

5.16.1.1 Sony WH-100XM4            78

5.16.1.2 AirPods Pro by Apple        78

5.16.1.3 Noise Cancelling Headphones 700 by Bose    79

5.16.1.4 The Dash Pro by Bragi      79

6            WIRELESS AUDIO DEVICE MARKET, BY PRODUCT         80

6.1         INTRODUCTION            81

6.2         HEADPHONES  83

6.2.1      INCORPORATION OF ADVANCED NOISE-ISOLATING FEATURES TO

FUEL DEMAND FOR WIRELESS HEADPHONES   83

6.3         EARPHONES     85

6.3.1      ASIA PACIFIC TO BE LARGEST MARKET FOR WIRELESS AUDIO DEVICE

IN EARPHONES SEGMENT         85

6.4         TRUE WIRELESS HEARABLES/EARBUDS 86

6.4.1      AIRPLAY AND BLUETOOTH TECHNOLOGIES TO DRIVE GROWTH OF TRUE WIRELESS HEARABLES/EARBUDS 86

6.5         SPEAKERS         88

6.5.1      RISING DEMAND FOR PORTABLE WIRELESS AUDIO SOLUTIONS TO DRIVE MARKET 88

6.6         SOUNDBARS     89

6.6.1      DEMAND FOR SOUNDBARS GROWING DUE TO THEIR COMPATIBILITY WITH

TV SETS, SMARTPHONES, AND MUSIC SYSTEMS             89

7            WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY 91

7.1         INTRODUCTION            92

7.2         BLUETOOTH    93

7.2.1      OFFERS GOOD SOUND QUALITY AND LOWER LATENCY            93

7.3         WI-FI    94

7.3.1      CAPABILITY TO SEAMLESSLY STREAM SAME AUDIO AMONG MULTIPLE DEVICES TO DRIVE DEMAND            94

7.4         AIRPLAY            94

7.4.1      INTEGRATION OF AIRPLAY WITH APPLE DEVICES TO ENSURE USER-FRIENDLY EXPERIENCE TO SUPPORT MARKET GROWTH          94

7.5         RADIO FREQUENCY      94

7.5.1      RADIO FREQUENCY TECHNOLOGY CRITICAL FOR LIVE PERFORMANCES AND GAMING APPLICATIONS DUE TO ITS LOWER LATENCY              94

7.6         OTHER TECHNOLOGIES            95

7.6.1      WIRELESS SPEAKER & AUDIO (WISA)     95

7.6.2      KLEERNET        95

7.6.3      ALLPLAY           95

7.6.4      SKAA    95

7.6.5      PLAY-FI             95

7.6.6      INFRARED (IR)  96

8            WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY           97

8.1         INTRODUCTION            98

8.2         SMART DEVICES            99

8.2.1      INTEGRATION OF VOICE ASSISTANTS INTO WIRELESS HOME AUDIO DEVICES TO DRIVE MARKET     99

8.3         NON-SMART DEVICES  100

8.3.1      DURABILITY AND AFFORDABILITY DRIVING DEMAND FOR

NON-SMART WIRELESS AUDIO DEVICES            100

9            WIRELESS AUDIO DEVICE MARKET, BY APPLICATION   102

9.1         INTRODUCTION            103

9.2         HOME AUDIO   104

9.2.1      REDUCED FLOOR SPACE WITH COMPACT DESIGNS TO FUEL MARKET GROWTH          104

9.3         PROFESSIONAL 105

9.3.1      ENHANCED REMOTE WORK EFFICIENCY WITH NOISE-CANCELLING TECHNOLOGY TO DRIVE MARKET GROWTH    105

9.4         CONSUMER       107

9.4.1      INCREASING ADOPTION OF BLUETOOTH + WI-FI TECHNOLOGY TO

DRIVE MARKET 107

9.5         AUTOMOTIVE  108

9.5.1      INCORPORATION OF FULLY WIRELESS AUDIO DEVICES AND IN-CAR INFOTAINMENT SYSTEMS IN LUXURY VEHICLES TO DRIVE MARKET    108

9.6         OTHER APPLICATIONS 109

10          WIRELESS AUDIO DEVICE MARKET, BY REGION             111

10.1       INTRODUCTION            112

10.2       NORTH AMERICA          114

10.2.1    MACROECONOMIC OUTLOOK FOR NORTH AMERICA   117

10.2.2    US         118

10.2.2.1 Rising popularity of online streaming services to drive demand  118

10.2.3    CANADA            119

10.2.3.1 Adoption of innovative products to support market growth        119

10.2.4    MEXICO             120

10.2.4.1 Huge investments in E-commerce and retail channels to drive market     120

10.3       EUROPE             121

10.3.1    MACROECONOMIC OUTLOOK FOR EUROPE     125

10.3.2    UK         125

10.3.2.1 Growing popularity of online music and radio streaming to fuel market growth              125

10.3.3    GERMANY         126

10.3.3.1 Increased adoption of soundbars and wireless portable speakers to drive demand              126

10.3.4    FRANCE             127

10.3.4.1 Adoption of voice assistants for smart home applications to contribute to market growth   127

10.3.5    REST OF EUROPE           128

10.4       ASIA PACIFIC    129

10.4.1    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          133

10.4.2    CHINA  134

10.4.2.1 Strong manufacturing sector to fuel market growth      134

10.4.3    JAPAN  135

10.4.3.1 Surging demand for consumer electronics equipped with

wireless audio devices to boost market           135

10.4.4    SOUTH KOREA 135

10.4.4.1 Increasing focus on developing wireless audio products to

foster market growth          135

10.4.5    INDIA   136

10.4.5.1 True wireless hearables/earbuds segment to register highest

CAGR during forecast period           136

10.4.6    REST OF ASIA PACIFIC  137

10.5       REST OF THE WORLD (ROW)    138

10.5.1    MACROECONOMIC OUTLOOK FOR ROW           141

10.5.2    SOUTH AMERICA           141

10.5.2.1 Adoption of emerging technologies to support market growth    141

10.5.3    MIDDLE EAST & AFRICA             142

10.5.3.1 Rising demand for wireless headphones and wireless speakers

to fuel market growth         142

11          COMPETITIVE LANDSCAPE       144

11.1       OVERVIEW        144

11.2       KEY STRATEGIES/RIGHT TO WIN           144

11.3       MARKET SHARE ANALYSIS         145

11.4       REVENUE ANALYSIS      148

11.5       COMPANY VALUATION AND FINANCIAL METRICS        148

11.6       BRAND/PRODUCT COMPARISON          149

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   149

11.7.1    STARS  149

11.7.2    EMERGING LEADERS    149

11.7.3    PERVASIVE PLAYERS     150

11.7.4    PARTICIPANTS 150

11.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      151

11.7.5.1 Company footprint            151

11.7.5.2 Product footprint 152

11.7.5.3 Application footprint         153

11.7.5.4 Region footprint  154

11.8       STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)

EVALUATION MATRIX, 2023      155

11.8.1    PROGRESSIVE COMPANIES       155

11.8.2    RESPONSIVE COMPANIES          155

11.8.3    DYNAMIC COMPANIES 155

11.8.4    STARTING BLOCKS       155

11.8.5    COMPETITIVE BENCHMARKING            156

11.8.5.1 Detailed list of key startups/SMEs   157

11.8.5.2 Competitive benchmarking of key startups/SMEs        157

11.9       COMPETITIVE SCENARIO AND TRENDS             158

11.9.1    PRODUCT LAUNCHES  158

11.9.2    DEALS  174

12          COMPANY PROFILES    178

12.1       KEY PLAYERS   178

12.1.1    APPLE INC.        178

12.1.1.1 Business overview 178

12.1.1.2 Products/Solutions/Services offered 179

12.1.1.3 Recent developments         181

12.1.1.3.1            Product launches/developments      181

12.1.1.4 MnM view           183

12.1.1.4.1            Key strengths       183

12.1.1.4.2            Strategic choices  183

12.1.1.4.3            Weaknesses and competitive threats 183

12.1.2    HARMAN INTERNATIONAL (SUBSIDIARY OF SAMSUNG ELECTRONICS)              184

12.1.2.1 Business overview 184

12.1.2.2 Products/Solutions/Services offered 186

12.1.2.3 Recent developments         187

12.1.2.3.1            Product launches/developments      187

12.1.2.3.2            Deals     190

12.1.2.4 MnM view           190

12.1.2.4.1            Key strengths       190

12.1.2.4.2            Strategic choices  191

12.1.2.4.3            Weaknesses and competitive threats 191

12.1.3    XIAOMI 192

12.1.3.1 Business overview 192

12.1.3.2 Products/Solutions/Services offered 193

12.1.3.3 Recent developments         194

12.1.3.3.1            Product launches/developments      194

12.1.3.4 MnM view           194

12.1.3.4.1            Key strengths       194

12.1.3.4.2            Strategic choices  194

12.1.3.4.3            Weaknesses and competitive threats 194

12.1.4    SONY CORPORATION   195

12.1.4.1 Business overview 195

12.1.4.2 Products/Solutions/Services offered 196

12.1.4.3 Recent developments         198

12.1.4.3.1            Product launches/developments      198

12.1.4.4 MnM view           200

12.1.4.4.1            Key strengths       200

12.1.4.4.2            Strategic choices  200

12.1.4.4.3            Weaknesses and competitive threats 200

12.1.5    IMAGINE MARKETING LIMITED             201

12.1.5.1 Business overview 201

12.1.5.2 Products/Solutions/Services offered 201

12.1.5.3 Recent developments         202

12.1.5.3.1            Product launches/developments      202

12.1.5.4 MnM view           202

12.1.5.4.1            Key strengths       202

12.1.5.4.2            Strategic choices  202

12.1.5.4.3            Weaknesses and competitive threats 202

12.1.6    BOSE CORPORATION   203

12.1.6.1 Business overview 203

12.1.6.2 Products/Solutions/Services offered 203

12.1.6.3 Recent developments         205

12.1.6.3.1            Product launches/developments      205

12.1.6.3.2            Deals     206

12.1.6.4 MnM view           207

12.1.6.4.1            Key strengths       207

12.1.6.4.2            Strategic choices  208

12.1.6.4.3            Weaknesses and competitive threats 208

12.1.7    SONOS, INC.      209

12.1.7.1 Business overview 209

12.1.7.2 Products/Solutions/Services offered 210

12.1.7.3 Recent developments         211

12.1.7.3.1            Product launches/developments      211

12.1.7.3.2            Deals     212

12.1.7.4 MnM view           213

12.1.7.4.1            Key strengths       213

12.1.7.4.2            Strategic choices  213

12.1.7.4.3            Weaknesses and competitive threats 213

12.1.8    MASIMO            214

12.1.8.1 Business overview 214

12.1.8.2 Products/Solutions/Services offered 215

12.1.8.3 Recent developments         217

12.1.8.3.1            Product launches/developments      217

12.1.8.3.2            Deals     219

12.1.9    SENNHEISER ELECTRONIC SE & CO. KG 220

12.1.9.1 Business overview 220

12.1.9.2 Products/Solutions/Services offered 220

12.1.9.3 Recent developments         221

12.1.9.3.1            Product launches/developments      221

12.1.9.3.2            Deals     223

12.1.10  VIZIO, INC.        224

12.1.10.1             Business overview 224

12.1.10.2             Products/Solutions/Services offered 225

12.1.10.3             Recent developments         226

12.1.10.3.1          Product launches/developments      226

12.1.10.3.2          Deals     227

12.1.11  VOXX INTERNATIONAL CORP. 228

12.1.11.1             Business overview 228

12.1.11.2             Products/Solutions/Services offered 229

12.1.11.3             Recent developments         230

12.1.11.3.1          Product launches/developments      230

12.1.11.3.2          Deals     231

12.1.12  MARSHALL GROUP AB  232

12.1.12.1             Business overview 232

12.1.12.2             Products/Solutions/Services offered 233

12.1.12.3             Recent developments         234

12.1.12.3.1          Product launches/developments      234

12.2       OTHER PLAYERS           235

12.2.1    YAMAHA CORPORATION           235

12.2.2    LG ELECTRONICS          235

12.2.3    BANG & OLUFSEN         236

12.2.4    GN STORE NORD A/S    236

12.2.5    PLANTRONICS, INC.      237

12.2.6    SHURE 237

12.2.7    DALI     238

12.2.8    JAYBIRD             238

12.2.9    ANKER INNOVATIONS  239

12.2.10  RAZER INC.        239

12.2.11  HP DEVELOPMENT COMPANY, L.P.       240

12.2.12  EDIFIER             240

12.2.13  NOTHING TECHNOLOGY LIMITED       241

13          APPENDIX         242

13.1       INSIGHTS OF INDUSTRY EXPERTS         242

13.2       DISCUSSION GUIDE      242

13.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             246

13.4       CUSTOMIZATION OPTIONS      248

13.5       RELATED REPORTS       248

13.6       AUTHOR DETAILS         249

LIST OF TABLES

TABLE 1             WIRELESS AUDIO DEVICE MARKET: RISK ASSESSMENT 39

TABLE 2             GLOBAL SHIPMENT OF TRUE WIRELESS HEARABLES/EARBUDS/TWS, 2021–2022 48

TABLE 3             WIRELESS AUDIO DEVICE MARKET: ROLE OF COMPANIES IN ECOSYSTEM     56

TABLE 4             AVERAGE SELLING PRICE OF WIRELESS AUDIO DEVICES OFFERED

BY KEY PLAYERS, 2020–2023 (USD)         59

TABLE 5             AVERAGE SELLING PRICE OF WIRELESS AUDIO DEVICES, 2020–2023 (USD)        59

TABLE 6             WIRELESS AUDIO DEVICE MARKET: PORTER’S FIVE FORCES ANALYSIS          65

TABLE 7             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)         68

TABLE 8             KEY BUYING CRITERIA FOR APPLICATIONS      69

TABLE 9             LIST OF MAJOR PATENTS          73

TABLE 10           KEY CONFERENCES AND EVENTS, 2024–2025     75

TABLE 11           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 76

TABLE 12           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 76

TABLE 13           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 77

TABLE 14           WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2020–2023 (USD MILLION) 81

TABLE 15           WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2024–2029 (USD MILLION) 82

TABLE 16           WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2020–2023 (MILLION UNITS)          82

TABLE 17           WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2024–2029 (MILLION UNITS)          82

TABLE 18          HEADPHONES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          84

TABLE 19          HEADPHONES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          84

TABLE 20           EARPHONES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          85

TABLE 21           EARPHONES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          85

TABLE 22           TRUE WIRELESS HEARABLES/EARBUDS: WIRELESS AUDIO DEVICE MARKET,

BY REGION, 2020–2023 (USD MILLION)  87

TABLE 23           TRUE WIRELESS HEARABLES/EARBUDS: WIRELESS AUDIO DEVICE MARKET,

BY REGION, 2024–2029 (USD MILLION)  87

TABLE 24           SPEAKERS: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          88

TABLE 25           SPEAKERS: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          89

TABLE 26           SOUNDBARS: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          90

TABLE 27           SOUNDBARS: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          90

TABLE 28           WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)     92

TABLE 29           WIRELESS AUDIO DEVICE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)     93

TABLE 30           WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2020–2023 (USD MILLION)          98

TABLE 31           WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)          98

TABLE 32           SMART DEVICES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          99

TABLE 33           SMART DEVICES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          100

TABLE 34           NON-SMART DEVICES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          100

TABLE 35           NON-SMART DEVICES: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          101

TABLE 36           WIRELESS AUDIO DEVICE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     103

TABLE 37           WIRELESS AUDIO DEVICE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     104

TABLE 38           HOME AUDIO: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          105

TABLE 39           HOME AUDIO: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          105

TABLE 40           PROFESSIONAL: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          106

TABLE 41           PROFESSIONAL: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          106

TABLE 42           CONSUMER: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          107

TABLE 43           CONSUMER: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          108

TABLE 44          AUTOMOTIVE: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          109

TABLE 45          AUTOMOTIVE: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          109

TABLE 46           OTHER APPLICATIONS: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          110

TABLE 47           OTHER APPLICATIONS: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          110

TABLE 48           WIRELESS AUDIO DEVICE MARKET, BY REGION, 2020–2023 (USD MILLION) 113

TABLE 49           WIRELESS AUDIO DEVICE MARKET, BY REGION, 2024–2029 (USD MILLION) 113

TABLE 50           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          115

TABLE 51           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          115

TABLE 52           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          115

TABLE 53           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          116

TABLE 54           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2020–2023 (USD MILLION)          116

TABLE 55           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)          116

TABLE 56           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          117

TABLE 57           NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          117

TABLE 58           US: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2020–2023 (USD MILLION)     118

TABLE 59           US: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2024–2029 (USD MILLION)     119

TABLE 60           CANADA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          119

TABLE 61           CANADA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          120

TABLE 62           MEXICO: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          120

TABLE 63           MEXICO: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          121

TABLE 64           EUROPE: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          122

TABLE 65           EUROPE: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          123

TABLE 66          EUROPE: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          123

TABLE 67          EUROPE: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          123

TABLE 68           EUROPE: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2020–2023 (USD MILLION)          124

TABLE 69           EUROPE: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)          124

TABLE 70           EUROPE: WIRELESS AUDIO DEVICE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          124

TABLE 71           EUROPE: WIRELESS AUDIO DEVICE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          124

TABLE 72           UK: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2020–2023 (USD MILLION)     126

TABLE 73           UK: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT, 2024–2029 (USD MILLION)     126

TABLE 74           GERMANY: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          127

TABLE 75           GERMANY: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          127

TABLE 76           FRANCE: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          128

TABLE 77           FRANCE: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          128

TABLE 78           REST OF EUROPE: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          128

TABLE 79           REST OF EUROPE: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          129

TABLE 80           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          131

TABLE 81           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          131

TABLE 82           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          131

TABLE 83           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          132

TABLE 84           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2020–2023 (USD MILLION)          132

TABLE 85           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)          132

TABLE 86           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          133

TABLE 87           ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          133

TABLE 88           CHINA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          134

TABLE 89           CHINA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          134

TABLE 90           JAPAN: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          135

TABLE 91           JAPAN: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          135

TABLE 92           SOUTH KOREA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          136

TABLE 93           SOUTH KOREA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          136

TABLE 94           INDIA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          137

TABLE 95           INDIA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          137

TABLE 96           REST OF ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          138

TABLE 97           REST OF ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          138

TABLE 98           ROW: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          138

TABLE 99           ROW: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          139

TABLE 100         ROW: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          139

TABLE 101         ROW: WIRELESS AUDIO DEVICE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          139

TABLE 102        ROW: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2020–2023 (USD MILLION)          140

TABLE 103        ROW: WIRELESS AUDIO DEVICE MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)          140

TABLE 104         ROW: WIRELESS AUDIO DEVICE MARKET, BY REGION, 2020–2023 (USD MILLION)     140

TABLE 105         ROW: WIRELESS AUDIO DEVICE MARKET, BY REGION, 2024–2029 (USD MILLION)     140

TABLE 106         SOUTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          141

TABLE 107         SOUTH AMERICA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          142

TABLE 108         MIDDLE EAST & AFRICA: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2020–2023 (USD MILLION)          142

TABLE 109         MIDDLE EAST & AFRICA: WIRELESS AUDIO DEVICE MARKET, BY REGION,

2024–2029 (USD MILLION)          143

TABLE 110         MIDDLE EAST & AFRICA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2020–2023 (USD MILLION)          143

TABLE 111         MIDDLE EAST & AFRICA: WIRELESS AUDIO DEVICE MARKET, BY PRODUCT,

2024–2029 (USD MILLION)          143

TABLE 112         WIRELESS AUDIO DEVICE MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, JANUARY 2020–JUNE 2024       144

TABLE 113         WIRELESS AUDIO DEVICE MARKET: DEGREE OF COMPETITION, 2023     146

TABLE 114         WIRELESS AUDIO DEVICE MARKET: PRODUCT FOOTPRINT              152

TABLE 115         WIRELESS AUDIO DEVICE MARKET: APPLICATION FOOTPRINT      153

TABLE 116         WIRELESS AUDIO DEVICE MARKET: REGION FOOTPRINT              154

TABLE 117         WIRELESS AUDIO DEVICE MARKET: DETAILED LIST OF KEY STARTUPS/SMES           157

TABLE 118         WIRELESS AUDIO DEVICE MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES   157

TABLE 119         WIRELESS AUDIO MARKET: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2024 158

TABLE 120         WIRELESS AUDIO DEVICE MARKET: DEALS, JANUARY 2020–JUNE 2024          174

TABLE 121         APPLE INC.: COMPANY OVERVIEW        178

TABLE 122         APPLE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              179

TABLE 123         APPLE INC.: PRODUCT LAUNCHES/DEVELOPMENTS    181

TABLE 124         HARMAN INTERNATIONAL (SUBSIDIARY OF SAMSUNG ELECTRONICS):

COMPANY OVERVIEW  184

TABLE 125         HARMAN INTERNATIONAL (SUBSIDIARY OF SAMSUNG ELECTRONICS): PRODUCTS/SOLUTIONS/SERVICES OFFERED  186

TABLE 126         HARMAN INTERNATIONAL (SUBSIDIARY OF SAMSUNG ELECTRONICS):

PRODUCT LAUNCHES/DEVELOPMENTS            187

TABLE 127         HARMAN INTERNATIONAL (SUBSIDIARY OF SAMSUNG ELECTRONICS): DEALS 190

TABLE 128         XIAOMI: COMPANY OVERVIEW 192

TABLE 129         XIAOMI: PRODUCTS/SOLUTIONS/SERVICES OFFERED  193

TABLE 130         XIAOMI: PRODUCT LAUNCHES/DEVELOPMENTS          194

TABLE 131         SONY CORPORATION: COMPANY OVERVIEW    195

TABLE 132         SONY CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          196

TABLE 133         SONY CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS   198

TABLE 134         IMAGINE MARKETING LIMITED: COMPANY OVERVIEW 201

TABLE 135         IMAGINE MARKETING LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   201

TABLE 136         IMAGINE MARKETING LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS   202

TABLE 137         BOSE CORPORATION: COMPANY OVERVIEW    203

TABLE 138         BOSE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          203

TABLE 139         BOSE CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS   205

TABLE 140         BOSE CORPORATION: DEALS   206

TABLE 141         SONOS, INC.: COMPANY OVERVIEW      209

TABLE 142         SONOS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              210

TABLE 143         SONOS, INC.: PRODUCT LAUNCHES/DEVELOPMENTS  211

TABLE 144         SONOS, INC.: DEALS      212

TABLE 145         MASIMO: COMPANY OVERVIEW             214

TABLE 146         MASIMO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215

TABLE 147         MASIMO: PRODUCT LAUNCHES/DEVELOPMENTS         217

TABLE 148         MASIMO: DEALS            219

TABLE 149         SENNHEISER ELECTRONIC SE & CO. KG: COMPANY OVERVIEW              220

TABLE 150         SENNHEISER ELECTRONIC SE & CO. KG:

PRODUCTS/SOLUTIONS/SERVICES OFFERED   220

TABLE 151         SENNHEISER ELECTRONIC SE & CO. KG: PRODUCT LAUNCHES/DEVELOPMENTS   221

TABLE 152         SENNHEISER ELECTRONIC SE & CO. KG: DEALS 223

TABLE 153         VIZIO, INC.: COMPANY OVERVIEW        224

TABLE 154         VIZIO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              225

TABLE 155         VIZIO, INC.: PRODUCT LAUNCHES/DEVELOPMENTS    226

TABLE 156         VIZIO, INC.: DEALS        227

TABLE 157         VOXX INTERNATIONAL CORP.: COMPANY OVERVIEW  228

TABLE 158         VOXX INTERNATIONAL CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   229

TABLE 159         VOXX INTERNATIONAL CORP.: PRODUCT LAUNCHES/DEVELOPMENTS   230

TABLE 160         VOXX INTERNATIONAL CORP.: DEALS  231

TABLE 161         MARSHALL GROUP AB: COMPANY OVERVIEW  232

TABLE 162         MARSHALL GROUP AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED          233

TABLE 163         MARSHALL GROUP AB: PRODUCT LAUNCHES/DEVELOPMENTS   234

LIST OF FIGURES

FIGURE 1           WIRELESS AUDIO DEVICE MARKET SEGMENTATION    23

FIGURE 2           WIRELESS AUDIO DEVICE MARKET: RESEARCH DESIGN              27

FIGURE 3           PRIMARY AND SECONDARY RESEARCH 29

FIGURE 4           WIRELESS AUDIO DEVICE MARKET SIZE ESTIMATION METHODOLOGY:

TOP-DOWN APPROACH (SUPPLY SIDE) – REVENUES GENERATED

BY COMPANIES FROM SALES OF WIRELESS AUDIO DEVICE        33

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS          34

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS          34

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       36

FIGURE 8           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       36

FIGURE 9           DATA TRIANGULATION: WIRELESS AUDIO DEVICE MARKET              37

FIGURE 10         WIRELESS AUDIO DEVICE MARKET: GLOBAL SNAPSHOT              40

FIGURE 11         BLUETOOTH TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD     41

FIGURE 12         SMART SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE

DURING FORECAST PERIOD     41

FIGURE 13         TRUE WIRELESS HEARABLES/EARBUDS SEGMENT TO DOMINATE MARKET

DURING FORECAST PERIOD     42

FIGURE 14         CONSUMER SEGMENT TO BE LARGEST APPLICATION OF

WIRELESS AUDIO DEVICE DURING FORECAST PERIOD 42

FIGURE 15         ASIA PACIFIC TO DOMINATE WIRELESS AUDIO DEVICE MARKET

DURING FORECAST PERIOD     43

FIGURE 16         GROWING NUMBER OF SMARTPHONES AND TRUE WIRELESS HEARABLES/EARBUDS TO DRIVE MARKET GROWTH    44

FIGURE 17         CONSUMER APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD     44

FIGURE 18         BLUETOOTH SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       45

FIGURE 19         TRUE WIRELESS HEARABLES/EARBUDS SEGMENT TO ACCOUNT FOR

LARGEST MARKET SHARE DURING FORECAST PERIOD 45

FIGURE 20         SMART DEVICES TO ACCOUNT FOR LARGER MARKET SHARE

DURING FORECAST PERIOD     46

FIGURE 21         CONSUMER TO BE LARGEST APPLICATION OF WIRELESS AUDIO DEVICE IN

ASIA PACIFIC    46

FIGURE 22         WIRELESS AUDIO DEVICE MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES    47

FIGURE 23         IMPACT OF DRIVERS ON WIRELESS AUDIO DEVICE MARKET              50

FIGURE 24         IMPACT OF RESTRAINTS ON WIRELESS AUDIO DEVICE MARKET            51

FIGURE 25         IMPACT OF OPPORTUNITIES ON WIRELESS AUDIO DEVICE MARKET            53

FIGURE 26         IMPACT OF CHALLENGES ON WIRELESS AUDIO DEVICE MARKET            53

FIGURE 27         WIRELESS AUDIO DEVICE MARKET: VALUE CHAIN ANALYSIS              54

FIGURE 28         WIRELESS AUDIO DEVICE MARKET: ECOSYSTEM ANALYSIS              56

FIGURE 29         INVESTMENT AND FUNDING SCENARIO, 2018–2024       58

FIGURE 30         AVERAGE SELLING PRICE TREND OF WIRELESS AUDIO DEVICES OFFERED

BY KEY PLAYERS            59

FIGURE 31         AVERAGE SELLING PRICE TREND OF TRUE WIRELESS HEARABLES/EARBUDS,

BY REGION, 2020–2023  60

FIGURE 32         AVERAGE SELLING PRICE TREND OF HEADPHONES, BY REGION, 2020–2023        60

FIGURE 33         TRENDS AND DISRUPTIONS INFLUENCING CUSTOMER BUSINESS          61

FIGURE 34         WIRELESS AUDIO DEVICE MARKET: IMPACT ANALYSIS OF PORTER’S FIVE FORCES 65

FIGURE 35         PORTER’S FIVE FORCES ANALYSIS: WIRELESS AUDIO DEVICE MARKET            66

FIGURE 36         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION  68

FIGURE 37         KEY BUYING CRITERIA FOR APPLICATIONS      68

FIGURE 38         IMPORT DATA FOR HS CODE 851830-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023             70

FIGURE 39         EXPORT DATA FOR HS CODE 851830-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023             71

FIGURE 40         PATENTS APPLIED AND GRANTED, 2013–2023   72

FIGURE 41         IMPACT OF AI/GEN AI ON WIRELESS AUDIO DEVICE MARKET              78

FIGURE 42         TRUE WIRELESS HEARABLES/EARBUDS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 81

FIGURE 43         BLUETOOTH SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       92

FIGURE 44         SMART DEVICES SEGMENT TO EXHIBIT HIGHER CAGR IN

WIRELESS AUDIO DEVICE MARKET DURING FORECAST PERIOD            98

FIGURE 45         CONSUMER SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD     103

FIGURE 46         INDIA TO REGISTER HIGHEST CAGR IN WIRELESS AUDIO DEVICE MARKET

DURING FORECAST PERIOD     112

FIGURE 47         NORTH AMERICA: WIRELESS AUDIO DEVICE MARKET SNAPSHOT        114

FIGURE 48         EUROPE: WIRELESS AUDIO DEVICE MARKET SNAPSHOT              122

FIGURE 49         ASIA PACIFIC: WIRELESS AUDIO DEVICE MARKET SNAPSHOT              130

FIGURE 50         WIRELESS AUDIO DEVICE MARKET SHARE ANALYSIS, 2023              145

FIGURE 51         REVENUE ANALYSIS OF KEY PLAYERS IN

WIRELESS AUDIO DEVICE MARKET, 2020–2023  148

FIGURE 52         WIRELESS AUDIO DEVICE MARKET: COMPANY VALUATION              148

FIGURE 53         WIRELESS AUDIO DEVICE MARKET: FINANCIAL METRICS (EV/EBITDA)    148

FIGURE 54         WIRELESS AUDIO DEVICE MARKET: BRAND/PRODUCT COMPARISON   149

FIGURE 55         WIRELESS AUDIO DEVICE MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     150

FIGURE 56         WIRELESS AUDIO DEVICE MARKET: COMPANY FOOTPRINT              151

FIGURE 57         WIRELESS AUDIO DEVICE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           156

FIGURE 58         APPLE INC.: COMPANY SNAPSHOT        179

FIGURE 59         HARMAN INTERNATIONAL (SUBSIDIARY OF SAMSUNG ELECTRONICS):

COMPANY SNAPSHOT  185

FIGURE 60         XIAOMI: COMPANY SNAPSHOT 193

FIGURE 61         SONY CORPORATION: COMPANY SNAPSHOT   196

FIGURE 62         SONOS, INC.: COMPANY SNAPSHOT      210

FIGURE 63         MASIMO: COMPANY SNAPSHOT             215

FIGURE 64         VIZIO, INC.: COMPANY SNAPSHOT        225

FIGURE 65         VOXX INTERNATIONAL CORP.: COMPANY SNAPSHOT  229

FIGURE 66         MARSHALL GROUP AB: COMPANY SNAPSHOT  233