Residential Users More Lucrative than Commercial Users
The wireless audio devices market is more of a consumer centric market and residential users
represent approximately 4/5th market share. The residential end use segment is poised to be almost
five times larger than the commercial segment by end 2025 and key stakeholders would do well to
devise products that are well-suited to residential users.
Global Wireless Audio Devices Market: Competition Dashboard
Persistence Market Research has profiled some of the most prominent companies active in the
wireless audio devices market. These include Beats Electronics, Bose Corporation, Harman
International Industries, Yamaha Corporation, Sony Corporation, JVCKENWOOD Corporation,
Logitech International S.A, LG Electronics Inc., Samsung Electronics, Panasonic Corporation,
Sound United, Pioneer Corporation, Plantronics Inc., Koninklijke Philips N.V., Jawbone, Braven,
Intex Technologies, and Altec Lansing.
Key Insights into the Wireless Audio Devices Market
There has been a rapid uptake of wireless speakers as consumers seek out convenience and
portability over all else. Portable speakers within the price range of US$ 200-500 are estimated to
witness the highest demand as new companies are entering the mid-range segment. Key players
could also try to strengthen their long-term business contracts and provide superior aftersales
service to distinguish themselves from rivals in the wireless audio devices market.
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