Global Wireless Audio Devices Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Wireless Audio Devices Market 2021 (Includes Business Impact of COVID-19)
Global Wireless audio devices Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global wireless audio devices market report has been segmented on the basis of product type, technology, application, and region.
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The global Wireless Audio Devices market size was valued at USD $20842.40 million in 2020 and is projected to reach $158722.23 million by 2030, and is anticipated to expand at a CAGR of 21.90% over the forecast period from 2020 to 2030.


Global Wireless Audio Devices Market: Overview


Wireless audio devices are type of devices that create wireless connection with other device in order to transfer data. They use technologies such as Wi-Fi, Bluetooth, etc. to make connection. Wireless audio devices are used for data transfer via Bluetooth tethering between smartphone and laptop, playing multiplayer games, security locking systems, connecting smart devices to cars, etc. Wireless audio use radio frequency to transmit signals from transmitter to receiver or through router.  Technologies that are used for wireless audio work efficiently over short distance. Availability of various types of wireless audio devices in affordable cost is making consumers more inclined towards its usage.


Global Wireless Audio Devices Market: Dynamics


Increasing demand for smartphones among individuals is a major factor driving growth of the global wireless audio devices market. In wireless audio devices there is no need for wires to make connection between devices. They are mobile, durable as well as easy to connect with various types smart devices such as smartphones, laptops, tablets, etc. These are some of the factors supporting growth of the global market. Increasing use of wireless technology as it provides high speed and security is a factor fueling growth of the target market. In addition, use of inscription in wireless technologies, coupled with availability of Wi-Fi hotspots in restaurants, hotels, railway stations, airports, educational institutions are factor expected to support growth of the global wireless audio devices market in the near future.

However, frequency disturbance in operating rage of frequency is a factor that may hamper growth of the global wireless audio devices market. Nevertheless, growing preference for wireless devices among end users and providing high quality audio via wireless technologies can create high revenue opportunities for players in the target market.


Global Wireless Audio Devices Market: Segment Analysis


Among the product type segments, currently, the wireless speaker segment is dominating the global market in terms of revenue and is expected to register high growth in the near future. Wireless speaker is portable, easy to install, and are compatible with various devices is a key factor supporting growth of this segment in the global market.

Among the technology segments, the Wi-Fi segment is expected to register lucrative growth in terms of revenue over the forecast period. Increasing Wi-Fi hotspots in public places is a factor propelling growth of this segment in the target market.


Global Wireless Audio Devices Market: Regional Analysis


Currently, market in North America accounts for major share in terms of revenue and is expected to register lucrative growth over the forecast period. Presence of prominent players and high adoption of advanced electronic devices among end users are factors fueling growth of the target market in this region. Market in Asia Pacific is anticipated to register fastest growth in terms of revenue in the near future, owing to increasing adoption of various types of consumer electronic devises among individuals.


Below are the active patents related to Wireless Audio Devices Market.


Patent Number: CN204145684U

A kind of Soundbar bar shaped audio amplifier possessing Video Quality Metric function

Abstract

Possess a Soundbar bar shaped audio amplifier for Video Quality Metric function, belong to field of audio.There is the shortcoming that integrated level is not high, cabling is loaded down with trivial details in existing sound equipment.The utility model comprises flat square wooden case, power board is provided with in wooden case, wooden case front portion is provided with display button plate, the panel offering key hole is provided with before this display button plate, button settled by panel, panel and button are by transparent panel cap seal, whole wooden case front portion is lived by iron guard, wooden case rear portion is provided with plate after aluminium, wooden case front is parallel is provided with several loudspeaker, a bass horn is provided with in wooden case casing between symmetrically arranged loudspeaker, multiple loudspeaker and bass horn form a Soundbar bar shaped audio amplifier, power board is provided with the digital signal transfer unit of Set Top Box effect.The utility model is integrated with the digital signal translation function of Set Top Box, makes stereo set integrated level better, cancels unnecessary wire jumper.

Application File Date: 2014-06-12

Application Granted Date: 2015-02-04

Current Assignee: Zhejiang Tianle Audio Co.,Ltd.

Patent Number: US8768252B2

Un-tethered wireless audio system

Abstract

A wireless audio system configured to receive audio information wirelessly transmitted by an audio source including first and second wireless transceivers. The first wireless transceiver establishes a bidirectional secondary wireless link with the audio source for receiving and acknowledging receipt of the audio information. The first and second wireless transceivers communicate with each other via a primary wireless link. A wireless audio system including an audio source and first and second wireless transceivers. The first and second wireless transceivers communicate via a primary wireless link. The audio source communicates audio information to the first wireless transceiver via a secondary wireless link which is configured according to a standard wireless protocol. The first wireless transceiver is configured to acknowledge successful reception of audio information via the secondary wireless link.

Application File Date: 2011-08-29

Application Granted Date: 2014-07-01

Current Assignee: Apple Inc

Patent Number: US20070206829A1

Audio headset

Abstract

An audio headset usable for conducting a voice call through a phone, and for playing audio, such as music, from a streaming audio device, by means of a speaker. The headset comprises a signal transceiver, wirelessly connectable to a plurality of devices, including a voice call device and an audio device. A control unit in the headset can be controlled by means of a switch, which is operable to selectively set the control unit to a single point connection setting, in which only audio signals received from a first device are relayed to the speaker, or to a multiple point connection setting, in which audio signals received from the first device or from a second device are relayed to the speaker. The first device is typically a mobile phone, and priority is preferably always given to voice call signals from mobile phone even in the multipoint connection setting.

Application File Date: 2006-04-28

Application Granted Date: 2011-12-06

Current Assignee:Sony Corp

Global Wireless Audio Devices Market Segmentation:

Segmentation by Product Type:

  
Soundbars
  
Wireless Headsets and Microphones
  
Wireless Speaker Systems
  
Others (Power Amplifiers, A/V Receivers, etc.)

Segmentation by Technology:

  
Wi-Fi
  
Radio Frequency
  
Bluetooth
  
AirPlay
  
Others (SKAA and Sonos)

Segmentation by Application:

  
Consumer
  
Commercial
  
Automotive
  
Others (Defense and Security)


Key Market Players included in the report:


  
Apple Inc. (US)
  
Bose Corporation (US)
  
Bragi (Germany)
  
Dali A/S (Denmark)
  
DEI Holdings Inc. (US)
  
Devialet (France)
  
Earin (Sweden)
  
HARMAN International Industries Inc. (US)
  
Human (US)
  
Incorporated,
  
Jam (US)
  
Jaybird (US)
  
Koninklijke Philips N.V. (Netherlands)
  
LG Electronics (South Korea)
  
Ossic Corporation (US)
  
Phazon (Canada),Trüsound Audio (US)
  
Plantronics Inc. (US)
  
Samsung Electronics Co. Ltd (South Korea)
  
Sennheiser Electronic Gmbh & Company Kg (Germany)
  
Shure Incorporated,
  
Sonos Inc. (US)
  
Sony Corporation (Japan)
  
Vizio Holdings Inc. (U.S.)
  
Voxx International Corporation (U.S.)


Below are the key development related to Wireless Audio Devices Market in 2020 and 2021.


May 2021: Sennheiser sells its consumer audio business to hearing aid specialist Sonova. The partnership could see hearing and consumer audio tech come together. Sennheiser has sold its consumer electronics division to a Swiss company called Sonova that specializes in hearing care, Sennheiser has announced. Sonova said it made the 200 million euro ($241 million) deal to expand its aging demographic to younger customers, particularly in the wireless in-ear segment.  Source

May 2021: Qualcomm Snapdragon Sound Optimizes Wireless Audio Quality. Qualcomm unveiled Thursday “Snapdragon Sound,” proprietary software and hardware technologies designed to optimize wireless quality in an entire audio chain from HD content delivery to mobile phones to earbuds — all the way to human ears. Given Qualcomm’s dominance in 5G, WiFi 6, smartphone RF technologies, apps processors and Bluetooth connectivity, the mobile chip giant sees itself as ideally positioned to enhance the wireless HD audio experience through Snapdragon Sound. Moreover, this development enables Qualcomm’s further penetration into consumer devices beyond smartphones. Source

April 2021: Google acquires 3D audio startup Dysonics. The startup could help Google build better headphones, but its tech could also be used for future AR products. 3D audio startup Dysonics has been quietly acquired by Google, Protocol has learned. Some Dysonics staffers joined Google in recent months, where they now work on audio hardware. Google also took possession of Dysonics intellectual property, including some patents for tracking binaural sound — something that could come in handy for future iterations of Googles Pixel buds, or other audio wearables. Source