Global Wireless Audio Business Report 2023-2030 Featuring Apple, DEI Holdings, Harman International, Koninklijke Philips, Sony, & VOXX International


Dublin, Oct. 12, 2023 (GLOBE NEWSWIRE) -- The "Wireless Audio: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Wireless Audio Market to Reach $253.4 Billion by 2030

The global market for Wireless Audio estimated at US$78.8 Billion in the year 2022, is projected to reach a revised size of US$253.4 Billion by 2030, growing at a CAGR of 15.7% over the analysis period 2022-2030.

True Wireless Hearables / Earbuds, one of the segments analyzed in the report, is projected to record 16.6% CAGR and reach US$157.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Earphones segment is readjusted to a revised 15.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $21.2 Billion, While China is Forecast to Grow at 20.7% CAGR

The Wireless Audio market in the U.S. is estimated at US$21.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$62.3 Billion by the year 2030 trailing a CAGR of 20.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 13% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages184
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$78.8 Billion
Forecasted Market Value (USD) by 2030$253.4 Billion
Compound Annual Growth Rate15.7%
Regions CoveredGlobal

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Wireless Audio - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

FOCUS ON SELECT PLAYERS (Total 22 Featured)

  • Apple, Inc.
  • DEI Holdings, Inc.
  • Harman International Industries, Inc.
  • Koninklijke Philips NV
  • Sony Corporation
  • VOXX International Corporation

For more information about this report visit https://www.researchandmarkets.com/r/rpxr1m

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Global Market for Wireless Audio

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