Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Wireless Home Speakers Market by Type (WiFi Technology, Bluetooth Technology), By Application (Living Room, Bedroom, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Wireless Home Speakers Market by Type (WiFi Technology, Bluetooth Technology), By Application (Living Room, Bedroom, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 219906 3300 Electronics & Semiconductor 377 242 Pages 4.6 (39)
                                          

Market Overview:


The global wireless home speakers market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable and wireless speakers, advancements in Bluetooth and WiFi technology, and rising disposable income of consumers. The global wireless home speakers market is segmented on the basis of type into WiFi technology-based and Bluetooth technology-based home speakers. The WiFi technology-based home speaker segment is expected to grow at a higher CAGR than the Bluetooth technology-based segment during the forecast period from 2018 to 2030. This can be attributed to advancements in WiFi technologies that offer high quality sound output with low latency as compared to Bluetooth technologies. On the basis of application, the global wireless home speakers market is divided into living room, bedroom, and others applications such as office spaces or commercial areas.


Global Wireless Home Speakers Industry Outlook


Product Definition:


A wireless home speaker is a type of audio speaker that can receive audio signals wirelessly, typically using Bluetooth or Wi-Fi. This allows users to place the speakers anywhere in a room, without having to worry about running cables between the speakers and an audio source such as a phone, tablet, or computer. Wireless home speakers can provide great flexibility for users when setting up their home entertainment systems. In addition, many models come equipped with additional features such as voice assistants (like Amazon's Echo) and Chromecast support which allow users to control their music playback using voice commands or by streaming content directly from their mobile devices.


WiFi Technology:


WiFi technology is a wireless communication protocol, which provides access to the internet. It allows devices to connect to each other, as well as access information from the internet. The technology has been widely used in commercial applications such as coffee shops and hotels but now is also being used in residential applications too. In residential settings, it is primarily used by people who are not near wired networks or who have multiple devices that need internet connectivity.


Bluetooth Technology:


Bluetooth technology is a wireless technology used for connecting two devices, such as smartphones and tablets to audio devices like home speakers or car audio systems. It allows the connection of peripherals including controllers, printers, headsets and microphones to the central computer system. Bluetooth (BT) has become an essential part of our lives; it helps in transferring data from one device to another without any physical contact.


Application Insights:


The living room segment dominated the global wireless home speakers market in 2017. The growing trend of streaming audio and video content through internet has boosted the demand for such speakers. Furthermore, a rise in smart features introduced in these devices to control music and answer questions from Google Assistant or Amazon Alexa is driving their demand further.


The bedroom application segment is expected to witness significant growth over the forecast period owing to rising use of wireless speakers for lullabies, sleep music, white noise machines, etc. Such devices are also being used by parents who wish to listen carefully while their children talk on phones or tablets at night time as they can be heard clearly through these small speakers. Moreover, increasing use of Bluetooth technology allows users seamless connectivity with various mobile devices without wires which is boosting its adoption among consumers globally.


Other applications include outdoor entertainment areas like patios and decks where people gather around fireplaces or open air bars listening music played via wireless indoor/outdoor amplified speaker systems with great clarity.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing penetration of high-speed internet services, rising disposable income, and growing adoption of wireless entertainment systems in emerging economies such as India and China. Moreover, increasing demand for smart connected homes is also anticipated to drive regional growth over the next eight years.


North America accounted for a significant share owing to early technology adoption by some prominent players such as Logitech International Inc.; Razer Inc.; Bose Corporation; Philips Hue Ltd.; and Jawbone International LLC among others. However, slow growth rate of wireless speakers due to limited product offerings may hinder regional market development during the forecast period from 2018 to 2030.


Europe has been one of the leading consumers of digital music across various regions since 2009 when it first surpassed U.S., according toNielsen SoundScan Europe (SSSE).


Growth Factors:


  • Increasing demand for wireless home speakers from the young population
  • Rising disposable income of the consumers
  • Technological advancements in the field of wireless home speakers
  • Growing trend of smart homes and IoT
  • Proliferation of online retailing

Scope Of The Report

Report Attributes

Report Details

Report Title

Wireless Home Speakers Market Research Report

By Type

WiFi Technology, Bluetooth Technology

By Application

Living Room, Bedroom, Others

By Companies

Bose, Harman, Martin Logan, McIntosh, SVS, Sonos, Sony, Yamaha, Sennheiser, Philips, Pioneer, Bowers & Wilkins, Dynaudio, Klipsch, Bang & Olufsen, Definitive Technology, Altec Lansing, KEF, Polk, Paradigm, COTODAMA

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Wireless Home Speakers Market Report Segments:

The global Wireless Home Speakers market is segmented on the basis of:

Types

WiFi Technology, Bluetooth Technology

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Living Room, Bedroom, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Bose
  2. Harman
  3. Martin Logan
  4. McIntosh
  5. SVS
  6. Sonos
  7. Sony
  8. Yamaha
  9. Sennheiser
  10. Philips
  11. Pioneer
  12. Bowers & Wilkins
  13. Dynaudio
  14. Klipsch
  15. Bang & Olufsen
  16. Definitive Technology
  17. Altec Lansing
  18. KEF
  19. Polk
  20. Paradigm
  21. COTODAMA

Global Wireless Home Speakers Market Overview


Highlights of The Wireless Home Speakers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. WiFi Technology
    2. Bluetooth Technology
  1. By Application:

    1. Living Room
    2. Bedroom
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Wireless Home Speakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Wireless Home Speakers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Wireless home speakers are a type of speaker that uses wireless technology to connect to an audio source. They can be placed anywhere in the home, and they usually have their own built-in amplifier and speakers. Wireless home speakers are convenient because they don't require any wires to connect them to an audio source, and they're often more affordable than traditional wired speakers.

Some of the key players operating in the wireless home speakers market are Bose, Harman, Martin Logan, McIntosh, SVS, Sonos, Sony, Yamaha, Sennheiser, Philips, Pioneer, Bowers & Wilkins, Dynaudio, Klipsch, Bang & Olufsen, Definitive Technology, Altec Lansing, KEF, Polk, Paradigm, COTODAMA.

The wireless home speakers market is expected to register a CAGR of 10.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Wireless Home Speakers Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Wireless Home Speakers Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Wireless Home Speakers Market - Supply Chain
   4.5. Global Wireless Home Speakers Market Forecast
      4.5.1. Wireless Home Speakers Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Wireless Home Speakers Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Wireless Home Speakers Market Absolute $ Opportunity

5. Global Wireless Home Speakers Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Wireless Home Speakers Market Size and Volume Forecast by Type
      5.3.1. WiFi Technology
      5.3.2. Bluetooth Technology
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Wireless Home Speakers Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Wireless Home Speakers Market Size and Volume Forecast by Application
      6.3.1. Living Room
      6.3.2. Bedroom
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Wireless Home Speakers Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Wireless Home Speakers Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Wireless Home Speakers Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Wireless Home Speakers Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Wireless Home Speakers Demand Share Forecast, 2019-2026

9. North America Wireless Home Speakers Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Wireless Home Speakers Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Wireless Home Speakers Market Size and Volume Forecast by Application
      9.4.1. Living Room
      9.4.2. Bedroom
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Wireless Home Speakers Market Size and Volume Forecast by Type
      9.7.1. WiFi Technology
      9.7.2. Bluetooth Technology
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Wireless Home Speakers Demand Share Forecast, 2019-2026

10. Latin America Wireless Home Speakers Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Wireless Home Speakers Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Wireless Home Speakers Market Size and Volume Forecast by Application
      10.4.1. Living Room
      10.4.2. Bedroom
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Wireless Home Speakers Market Size and Volume Forecast by Type
      10.7.1. WiFi Technology
      10.7.2. Bluetooth Technology
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Wireless Home Speakers Demand Share Forecast, 2019-2026

11. Europe Wireless Home Speakers Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Wireless Home Speakers Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Wireless Home Speakers Market Size and Volume Forecast by Application
      11.4.1. Living Room
      11.4.2. Bedroom
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Wireless Home Speakers Market Size and Volume Forecast by Type
      11.7.1. WiFi Technology
      11.7.2. Bluetooth Technology
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Wireless Home Speakers Demand Share, 2019-2026

12. Asia Pacific Wireless Home Speakers Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Wireless Home Speakers Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Wireless Home Speakers Market Size and Volume Forecast by Application
      12.4.1. Living Room
      12.4.2. Bedroom
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Wireless Home Speakers Market Size and Volume Forecast by Type
      12.7.1. WiFi Technology
      12.7.2. Bluetooth Technology
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Wireless Home Speakers Demand Share, 2019-2026

13. Middle East & Africa Wireless Home Speakers Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Wireless Home Speakers Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Wireless Home Speakers Market Size and Volume Forecast by Application
      13.4.1. Living Room
      13.4.2. Bedroom
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Wireless Home Speakers Market Size and Volume Forecast by Type
      13.7.1. WiFi Technology
      13.7.2. Bluetooth Technology
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Wireless Home Speakers Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Wireless Home Speakers Market: Market Share Analysis
   14.2. Wireless Home Speakers Distributors and Customers
   14.3. Wireless Home Speakers Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Bose
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Harman
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Martin Logan
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. McIntosh
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. SVS
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Sonos
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Sony
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Yamaha
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Sennheiser
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Philips
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Pioneer
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Bowers & Wilkins
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Dynaudio
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Klipsch
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Bang & Olufsen
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Definitive Technology
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Altec Lansing
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. KEF
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Polk
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Paradigm
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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