Market Overview:
The global wireless multi-room 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 wireless multi-room speakers from consumers due to their ease of use and portability. Additionally, the growing trend of home automation is also contributing to the growth of this market. The global wireless multi-room speakers market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into two-room set, three multi-room set, and other types. The two-room set segment is expected to hold a major share in this market owing to its low cost and easy installation as compared to other types of wireless multi-Room Speakers . On the basis on application , it can be classified into mobile devices and computers . The mobile device segment is anticipated witness higher growth duringthe forecast period as comparedto computersegment owingto increase in adoptionof smart phonesand tablets globally .
Product Definition:
Wireless Multi-Room Speakers are a type of audio speaker that can be connected to a wireless network, allowing them to play audio from devices on the network, such as a computer, smartphone or tablet. They are often used in multi-room setups, where several speakers are placed in different rooms and can be controlled independently from one another. The advantage of using Wireless Multi-Room Speakers is that they don't require any cables between the speaker and the device playing the audio, which can make setup much easier.
Two-Room Set:
The two-room set is a group of speakers placed in close proximity to each other. Usually, it comprises of two identical speakers (e.g., left and right channel speaker) or one speaker and one subwoofer (e.g., center channel). The system plays stereo sound from both speakers at the same time, which creates a realistic sound field for the listeners with enhanced depth and dimensionality.
3 Multi-Room Set:
3 multi-room set is a combination of three devices, which are two wireless speakers and one audio cable. It allows connection of multiple rooms through single audio cable for playing music in different rooms simultaneously. This device has the ability to connect three devices through single 3.5mm aux input port, which makes it compatible with all types of portable music players as well as smartphones including Apple iPhone, iPad Mini and Samsung Galaxy series.
Application Insights:
The mobile device segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The increasing number of smartphone users has created a need for advanced wireless multi-room speakers that can connect multiple devices simultaneously. Moreover, these devices have enhanced connectivity features such as Wi-Fi Direct and Bluetooth which enables them to operate without an internet connection or SIM card. This factor is expected to drive their demand in the coming years.
The computer application segment is also likely to witness significant growth owing to rising demand for high-quality sound from computers, laptops and tablets at home, at work or while on travel. These speakers enable easy control of music & audio applications through a user¢â‚¬â„¢s smartphone or tablet eliminating the need for additional remote controllers or keyboards/mouse combinations across various platforms such as Android OS, iOS and Windows operating systems respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing adoption of wireless multi-room speakers in countries, such as U.S and Canada for enhancing audio experience across various applications including gaming, movies and music among others.
Growth Factors:
- Increasing demand for wireless multi-room speakers from the residential sector on account of growing trend of smart homes.
- Proliferation of digital audio streaming services such as Spotify, Apple Music, and Pandora that has led to an increase in demand for wireless multi-room speakers.
- Growing popularity of home theater systems and sound bars that are driving the demand for wireless multi-room speakers.
- Increasing number of households with multiple rooms that are driving the adoption of wireless multi-room speakers as a way to stream music throughout the house simultaneously without any cables or wires getting in the way .
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Multi-Room Speakers Market Research Report
By Type
Two-Room Set, 3 Multi-Room Set, Other
By Application
Mobile Device, Computer
By Companies
BOSE, JBL, SONOS, BLUESOUND, SAMSUNG, TIVOLI, AUDIO PRO, DENON, HARMAN KARDON, AVERMEDIA, EDIFIER
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Multi-Room Speakers Market Report Segments:
The global Wireless Multi-Room Speakers market is segmented on the basis of:
Types
Two-Room Set, 3 Multi-Room Set, Other
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
Mobile Device, Computer
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:
- BOSE
- JBL
- SONOS
- BLUESOUND
- SAMSUNG
- TIVOLI
- AUDIO PRO
- DENON
- HARMAN KARDON
- AVERMEDIA
- EDIFIER
Highlights of The Wireless Multi-Room Speakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Two-Room Set
- 3 Multi-Room Set
- Other
- By Application:
- Mobile Device
- Computer
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wireless Multi-Room 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.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wireless Multi-Room Speakers are a type of speaker system that allow you to play music from different sources in different rooms of your house.
Some of the key players operating in the wireless multi-room speakers market are BOSE, JBL, SONOS, BLUESOUND, SAMSUNG, TIVOLI, AUDIO PRO, DENON, HARMAN KARDON, AVERMEDIA, EDIFIER.
The wireless multi-room speakers market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wireless Multi-Room 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 Multi-Room 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 Multi-Room Speakers Market - Supply Chain
4.5. Global Wireless Multi-Room Speakers Market Forecast
4.5.1. Wireless Multi-Room Speakers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wireless Multi-Room Speakers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wireless Multi-Room Speakers Market Absolute $ Opportunity
5. Global Wireless Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Type
5.3.1. Two-Room Set
5.3.2. 3 Multi-Room Set
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wireless Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Application
6.3.1. Mobile Device
6.3.2. Computer
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wireless Multi-Room 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 Multi-Room 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 Multi-Room 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 Multi-Room 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 Multi-Room Speakers Demand Share Forecast, 2019-2026
9. North America Wireless Multi-Room 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 Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Application
9.4.1. Mobile Device
9.4.2. Computer
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wireless Multi-Room Speakers Market Size and Volume Forecast by Type
9.7.1. Two-Room Set
9.7.2. 3 Multi-Room Set
9.7.3. Other
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 Multi-Room Speakers Demand Share Forecast, 2019-2026
10. Latin America Wireless Multi-Room 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 Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Application
10.4.1. Mobile Device
10.4.2. Computer
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wireless Multi-Room Speakers Market Size and Volume Forecast by Type
10.7.1. Two-Room Set
10.7.2. 3 Multi-Room Set
10.7.3. Other
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 Multi-Room Speakers Demand Share Forecast, 2019-2026
11. Europe Wireless Multi-Room 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 Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Application
11.4.1. Mobile Device
11.4.2. Computer
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wireless Multi-Room Speakers Market Size and Volume Forecast by Type
11.7.1. Two-Room Set
11.7.2. 3 Multi-Room Set
11.7.3. Other
11.8. Basis Point hare (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 Multi-Room Speakers Demand Share, 2019-2026
12. Asia Pacific Wireless Multi-Room 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 Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Application
12.4.1. Mobile Device
12.4.2. Computer
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wireless Multi-Room Speakers Market Size and Volume Forecast by Type
12.7.1. Two-Room Set
12.7.2. 3 Multi-Room Set
12.7.3. Other
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 Multi-Room Speakers Demand Share, 2019-2026
13. Middle East & Africa Wireless Multi-Room 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 Multi-Room 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 Multi-Room Speakers Market Size and Volume Forecast by Application
13.4.1. Mobile Device
13.4.2. Computer
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wireless Multi-Room Speakers Market Size and Volume Forecast by Type
13.7.1. Two-Room Set
13.7.2. 3 Multi-Room Set
13.7.3. Other
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 Multi-Room Speakers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wireless Multi-Room Speakers Market: Market Share Analysis
14.2. Wireless Multi-Room Speakers Distributors and Customers
14.3. Wireless Multi-Room 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. JBL
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SONOS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BLUESOUND
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SAMSUNG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TIVOLI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AUDIO PRO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DENON
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HARMAN KARDON
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AVERMEDIA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. EDIFIER
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook