Wireless Audio Device Market Size - Global Opportunities & Forecast 2021-2028
Wireless Audio Device Market
The Wireless Audio Device Market is likely to come across a
yearly growth rate of 17.1% over the forecast period. The intensified
expenditure in research and development by OEMs for the introduction of
advanced wireless audio devices is the driving force contributing to the global
Wireless Audio Device market growth.
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Report on Wireless Audio Device Market
Wireless Audio Device Market Dynamics
Wireless technology plays an important role in the
electronics and semiconductor industry. The ongoing innovations in the
technologies and the intensified investment in the inventive devices has
proffered new doors for the wireless devices in the industry. The sophisticated
technologies such as voice assistance, Artificial Intelligence, and spatial
audio have transformed the tendency of wireless audio devices. Active noise
cancellation and clarity has become significant features in most devices.
Spatial audio offers a theatre-like experience by offering a feeling of being
present in 3D scene to the listener. It enables a user to command its devices
depending upon the need. For example, Google offers a Nest audio device to be
controlled with voice, and the device can also handle the smart appliances of
the house.
With the increase in compact infotainment devices, such as
tablets, mobiles, and laptops, the adoption of wireless technologies for mobile
streaming has increased. Audio devices like speakers, microphones, and
soundbars has significantly proliferated the supply of audio systems impacting
the audio industry. This effect has influenced the audio industry to adapt as
per the consumer trend which has further propelled the market growth.
However, wireless audio devices can destruct human health.
Hearing compliance, recurrence errors in sound quality, or inadequate effect of
coding and bandwidth may result in brain cancer and hearing impairment, which
may restrict the Wireless
Audio Device market opportunities.
Regional Drivers
Based on region, the North America region is projected to
grow as the largest market for Wireless Audio Device globally during the
forecast period. The growing perforation of smartphones, electronic devices,
guided by the increasing expendable income is the prime force supplementing the
market growth. Furthermore, the innovation of different wireless devices with inventive
features is further propelling Wireless Audio Device market size. For
instance, Apple Inc. in 2020, declared AirPods Max, innovative wireless
headphones with Adaptive EQ, Active Noise Cancellation, Transparency, and
Spatial mode.
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