Global WiFi Wireless Speakers Market Overview:
Wi-Fi wireless speakers are loudspeakers which receive audio signals using radio frequency (RF) waves rather than over audio cables. The Wi-Fi wireless speakers market is driven by various factors, such as growing applications of battery operated devices and vehicles, and Internet of things, such as smartphones, tablets, wearable’s watches and similar others digital devices. Some of the key players profiled in the study are Sonos (United States), Bose Corporation (United States), Amazon (United States), Samsung (South Korea), Sony (Japan), Denon (Japan), Edifier (China), JBL (United States), YAMAHA (Japan) and Terratec (Germany). According to Market Analyst at AMA, the Global WiFi Wireless Speakers market may see a growth rate of 4.9%
On the basis of geography, the market of WiFi Wireless Speakers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component Type, the sub-segment i.e. Hardware will boost the WiFi Wireless Speakers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Number of Smart Homes in the Developed Countries
- Increasing Disposable Income in Emerging Economies
- Advancement in Audio Technology Hailing the Growth of Wi-Fi Wireless Speakers
- Growing Trend of Personalization
- Increasing Number of Pirated Products
- Increasing Focus of Companies on Enhancing Customer Experience
- High-security Risk
- Availability of Substitute
- High Dependency on the Network Coverage and Rate of Charging
Target Audience:WiFi Wireless Speakers Manufacturers, Software Providers, Suppliers and Distributors, Technology Investors, OEM technology Service and Solution Providers and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global WiFi Wireless Speakers market on the basis of product [Portable and Stationary] , application [Home Application, Commercial, Automotive and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the WiFi Wireless Speakers market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the WiFi Wireless Speakers industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Devialet (United Kingdom) and Pioneer (Japan).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the WiFi Wireless Speakers market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.