Zion Market Research Global Wireless Audio Market, 2016–2024 | Page 3

Wireless Audio Market
Global Wireless Audio Market: Growth Factors
Increasing need for mobility devices and advancements in wireless audio technologies are factors
anticipated to drive the global wireless audio market growth in the near future. The key factor of the
global market is rising demand for infotainment services. Increasing investment in the R&D and
further innovation in the wireless audio devices may open up new growth opportunities in the global
market. Conversely, its heavy use may adversely affect children and end-user, and operating
frequency compliance; all these factors may hinder the global wireless audio market to some extent.
Global Wireless Audio Market: Segmentation
The global wireless audio wireless audio market is categorized based on technology as Wi-Fi, play-
Fi, Airplay, SONOS, Bluetooth, SKAA, and others. On the basis of application, the global market is
classified as a commercial application, defense and security application, consumer and home
application, automotive application, and others. Of these, Bluetooth is the largest application segment
is the global market. Commercial application is the second largest across the globe due to higher
demand for wireless audio devices from automotive and defense sectors. Moreover, the global
wireless audio market is divided based on the product as wireless headsets & microphones, sound
bars, wireless speaker systems, and others. Of these, wireless speaker systems are the dominating
segment globally. Further, wireless speaker systems are sub-segmented as speaker adapters,
dedicated speaker docks, and Bluetooth speakers.
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