Published By : 10 Feb 2016 | Published By : QYRESEARCH
The global wireless audio devices market has experienced a surge in its valuation in the past few years. The remarkable growth of the worldwide media and entertainment industry has boosted the demand for wireless audio devices in the global arena. The rising penetration of smartphones and increasing trend of mobile communication is also fueling the global market for wireless audio devices substantially. However, several issues related to compliances in operating frequency is likely to hamper the growth of this market significantly in the coming years.
North America Leads Global Wireless Audio Devices Market
North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa are the key regional markets for wireless audio devices. North America led the global market with a share of 29% in 2014. Europe and Asia Pacific stood second and third in the overall market, respectively. In the coming years, these regional markets are likely to maintain their position on the account of the rise in the worldwide media and entertainment industry.
The Middle East and Africa and Latin America is also expected to report a significant rise in the near future. Analysts anticipate Brazil to drive the Latin America market for wireless audio devices extensively over the next few years.
Here is a snapshot of the top trends and recent activities in the global wireless audio devices market.
Bose Corp., Apple Inc., Sennheiser Electronic GmbH & Co. KG, Sony Corp., and Koninklijke Philips N.V. are some of the major international manufacturers of wireless audio devices.