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(Wireless-NewsWire.Com, January 24, 2017 ) Wireless audio devices are gaining popularity over wired audio devices due to several advantages offered by wireless audio devices over wired audio devices. Some of the advantages of wireless devices over wired devices are cost saving due to wire replacement; vulnerability of wireless devices to temporary interferences, noise and fading; increased mobility, and enhanced efficiency for an increase in number of users connected to the same device. The global Wireless Audio Device market is estimated to witness a growth at a CAGR of 16.6% over the period 2016 to 2022. This growth is expected due to increasing consumer application and increasing opportunities for the wireless audio devices in the hospitality and leisure sector.
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The U.S. generated the maximum amount of revenue in the year 2015 in the global wireless audio device industry among all the regions; whereas, China has the maximum potential to grow in the forecast period. If the industry has the prospects of growing with the same pace, it will cross $33,177.0 million in total market value by the end of forecast period 2022.
The industry analysis section has examined the impact of the five major forces and value chain analysis to understand the overall attractiveness of the industry. The most often used strategy for developing a better hold on to the market has been through product launches, followed by mergers & acquisitions. Moreover, the company profile section includes highlights of significant information about the key companies involved along with their financial positions key strategies, & developmental activities of recent years. Some of the key players involved in this market are Sony Corporation, Bose Corporation, Sennheiser, Sonos, Harman, Apple Inc., and Samsung.
The report is a compilation of different segments of Global Wireless Audio Device Market including market breakdown by products, applications, technology, and includes Porter's five forces analysis and market dynamics. The report also discusses in detail about the key participants involved in the industry.
The report answers the following questions about the Global Wireless Audio Device Market:
- What are the prevailing products, and technologies used in wireless audio devices?
- What are the different application areas of wireless audio devices?
- What are the basic applications of the wireless audio devices?
- What are the different factors driving the market in the forecast period?
- What are the factors restraining the growth of Global Wireless Audio Device Market?
- Who are the different participants in the Global Wireless Audio Device Market?
- What kind of new strategies are being adopted by existing market players to make a mark in the industry?
- Which region will lead the Global Wireless Audio Device Market by the end of forecast period?
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Table of Content :-
1 EXECUTIVE SUMMARY
2 REPORT SCOPE
2.1 MARKET DEFINITION
2.2 REPORT COVERAGE
2.2.1 MARKET CLASSIFICATION
2.2.1.1 Market Segmentation by Geography
2.3 ASSUMPTIONS AND LIMITATIONS
2.4 STAKEHOLDERS
3 Publisher METHODOLOGY
3.1 RESEARCH PARAMETERS
3.2 RESEARCH DESIGN
3.2.1 PRIMARY RESEARCH
3.2.2 SECONDARY RESEARCH
3.2.3 DATA TRIANGULATION
3.2.4 DATA ANALYZING & MARKET ESTIMATION
3.2.4.1 Top-down Approach
3.2.4.2 Bottom-up Approach
4 INDUSTRY ANALYSIS
4.1 VALUE CHAIN ANALYSIS
4.2 PRICING ANALYSIS – BY DEVICES
4.3 MULTI-ROOM WIRELESS AUDIO – EMERGING TRENDS
4.4 CONSORTIUMS
4.4.1 AUDIO ENGINEERING SOCIETY (AES)
4.4.2 AVNU ALLIANCE
4.4.3 WIRELESS SPEAKER & AUDIO (WISA) ASSOCIATION
4.4.4 IWPC - THE INTERNATIONAL WIRELESS INDUSTRY CONSORTIUM
4.4.5 WIRELESSHD
4.4.6 BLUETOOTH SIG
4.4.7 EUROPEAN TELECOMMUNICATIONS STANDARDS INSTITUTE (ETSI)
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS IN THE MARKET
5.2.1 INCREASING ACCEPTANCE OF SMART PHONES AS A SOURCE OF ENTERTAINMENT AMONG THE CONSUMERS
5.2.2 RISING EXPENDITURE ON SEMICONDUCTOR FOR WIRELESS DEVICES
5.2.3 ADVANCEMENTS IN WIRELESS TECHNOLOGIES
5.3 OPPORTUNITIES IN THE MARKET
5.3.1 INCREASING USE OF WIRELESS DEVICES IN CONSUMER APPLICATIONS
5.3.2 GROWING LEISURE AND HOSPITALITY SECTOR
5.4 RESTRAINTS IN THE MARKET
5.4.1 NEGATIVE HEALTH EFFECTS OF WIRELESS DEVICES
5.4.2 TECHNICAL DIFFICULTIES
6 COMPETITIVE INSIGHTS
6.1 KEY MARKET DEVELOPMENTS & STRATEGIES (2014-2016)
6.1.1 NEW PRODUCT LAUNCH, DEVELOPMENT AND EXPANSION
6.1.2 PARTNERSHIP, JOINT VENTURE, COLLABORATION AND CONTRACT
6.1.3 BUSINESS EXPANSION AND CERTIFICATION
6.1.4 MERGER & ACQUISITION
6.1.5 OTHERS
6.2 PORTER'S FIVE FORCES ANALYSIS
6.2.1 THREAT FROM NEW ENTRANTS
6.2.2 BARGAINING POWER OF BUYERS
6.2.3 BARGAINING POWER OF SUPPLIERS
6.2.4 THREAT FROM SUBSTITUTES
6.2.5 INTENSITY OF COMPETITIVE RIVALRY
6.3 LEADING PLAYERS ANALYSIS
6.4 R&D ANALYSIS OF LEADING PLAYERS IN WIRELESS AUDIO DEVICE MARKET
6.5 SUPPLIERS ANALYSIS OF WIRELESS AUDIO DEVICES
6.5.1 SOUND BARS
6.5.2 WIRELESS HEADSETS
6.5.3 WIRELESS MICROPHONES
6.5.4 WIRELESS SPEAKER SYSTEMS
7 GLOBAL WIRELESS AUDIO DEVICE MARKET SIZE & FORECAST
7.1 INTRODUCTION
7.2 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT
7.3 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY APPLICATION
7.4 GLOBAL WIRELESS AUDIO MARKET BREAKDOWN BY REGION
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