Wireless Audio Devices Market Emergence of advanced technologies and global industry analysis by 2024
Until 2014-2015, the unit shipment of sound bar audio devices and wireless speakers held the lion’s share in the global wireless audio devices market . However, Transparency Market Research’s (TMR) new study finds that the persistently increasing demand for Bluetooth speakers in lower-end of the price spectrum and the rising demand for multiroom audio at the premium end will usher in new opportunities for the market. The most prominent players in the market including Sony, Bose, LG, Samsung, and Denon are vying to take on this rapidly growing segment that was earlier dominated by Sonos. Global Wireless Audio Devices Market Grows Vulnerable to Behavioral Shifts in Consumers Behavioral shifts among consumers in the audio industry have been highly influenced by the growing penetration of smart phones and tablets. This, combined with the changing preference in media consumption toward streaming services such as Deezer, Pandora, and Spotify, will boost the prospects of the global ...