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North America Wireless Audio Devices Market Size, Share & Industry Trends Analysis Report By Functionality, By Application, By Technology (Bluetooth, Wi-Fi, Bluetooth + Wi-Fi, Airplay, and Others), By Product, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Nov 30, 2023
Length 179 Pages
SKU # KBV18380015

Description

North America Wireless Audio Devices Market Size, Share & Industry Trends Analysis Report By Functionality, By Application, By Technology (Bluetooth, Wi-Fi, Bluetooth + Wi-Fi, Airplay, and Others), By Product, By Country and Growth Forecast, 2023 - 2030


The North America Wireless Audio Devices Market would witness market growth of 14.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 72,539.8 thousand units, showcasing a growth of 14.4% (2019-2022).

Wireless Audio devices are widely used in commercial sectors, such as media & entertainment, education, and corporate, for various purposes, including conferences, meetings, sports events, news broadcasting, and auctions, among others. Wireless devices, such as wireless microphones, speaker systems, and headphones, are widely used in the market. Wireless headphones and earbuds are primarily used for music consumption. Users can enjoy their favourite tracks on the go, whether commuting, exercising, or relaxing at home. These devices are seamlessly integrated with several streaming platforms, including Apple Music and Spotify. These devices offer a convenient and immersive way to consume long-form audio content.

Wireless gaming headsets are crucial for gamers who want to communicate with teammates and experience immersive in-game audio. Virtual reality (VR) users also rely on wireless audio devices for an immersive 3D audio experience. Smart speakers with built-in voice assistants like Amazon's Alexa, Google Assistant, and Apple's Siri have become virtual assistants that can control smart home devices, answer questions, and play music through voice commands. With the rise of remote work, wireless headsets and earbuds have become indispensable for professionals participating in virtual meetings and conference calls. They offer noise-cancellation features and clear audio quality for effective communication.

Wireless audio solutions are widely used in Canada's conference rooms and meeting spaces. Wireless headphones and earbuds are popular in fitness centers and gyms, allowing individuals to listen to music or instructions during workouts without the hassle of cables in Canada. Public venues, such as airports, train stations, and shopping malls, utilize wireless audio systems for public announcements, background music, and directional guidance in Canada. These factors will propel the growth of the market across the North America region in the upcoming years.

The US market dominated the North America Wireless Audio Devices Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $40,459.2 million by 2030. The Canada market is exhibiting a CAGR of 17% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 16% during (2023 - 2030).

Based on Functionality, the market is segmented into Non-smart Devices, and Smart Devices. Based on Application, the market is segmented into Residential/Individual, Commercial, Automotive, and Others. Based on Technology, the market is segmented into Bluetooth, Wi-Fi, Bluetooth + Wi-Fi, Airplay, and Others. Based on Product, the market is segmented into True Wireless Hearables/Earbuds, Headsets, Speaker Systems, Headphone, Earphone, Soundbars, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple Inc., Bose Corporation, GN Store Nord A/S (GN Hearing A/S), Harman International Industries, Inc. (Samsung Electronics Co., Ltd), Logitech International S.A, Olympus Corporation, Sony Corporation, Xiaomi Corporation, Panasonic Holdings Corporation, Shure, Inc.

Scope of the Study

Market Segments covered in the Report:

By Functionality (Volume, Thousand Units, USD Billion, 2019-2030)
  • Non-smart Devices
  • Smart Devices
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
  • Residential/Individual
  • Commercial
  • Automotive
  • Others
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
  • Bluetooth
  • Wi-Fi
  • Bluetooth + Wi-Fi
  • Airplay
  • Others
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
  • True Wireless Hearables/Earbuds
  • Headsets
  • Speaker Systems
  • Headphone
  • Earphone
  • Soundbars
  • Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Apple Inc.
  • Bose Corporation
  • GN Store Nord A/S (GN Hearing A/S)
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd)
  • Logitech International S.A
  • Olympus Corporation
  • Sony Corporation
  • Xiaomi Corporation
  • Panasonic Holdings Corporation
  • Shure, Inc.
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

179 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Wireless Audio Devices Market, by Functionality
1.4.2 North America Wireless Audio Devices Market, by Application
1.4.3 North America Wireless Audio Devices Market, by Technology
1.4.4 North America Wireless Audio Devices Market, by Product
1.4.5 North America Wireless Audio Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Jul – 2023, Oct) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America Wireless Audio Devices Market by Functionality
5.1 North America Non-smart Devices Market by Region
5.2 North America Smart Devices Market by Region
Chapter 6. North America Wireless Audio Devices Market by Application
6.1 North America Residential/Individual Market by Country
6.2 North America Commercial Market by Country
6.3 North America Automotive Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Wireless Audio Devices Market by Technology
7.1 North America Bluetooth Market by Country
7.2 North America Wi-Fi Market by Country
7.3 North America Bluetooth + Wi-Fi Market by Country
7.4 North America Airplay Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Wireless Audio Devices Market by Product
8.1 North America True Wireless Hearables/Earbuds Market by Country
8.2 North America Headsets Market by Country
8.3 North America Speaker Systems Market by Country
8.4 North America Headphone Market by Country
8.5 North America Earphone Market by Country
8.6 North America Soundbars Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Wireless Audio Devices Market by Country
9.1 US Wireless Audio Devices Market
9.1.1 US Wireless Audio Devices Market by Functionality
9.1.2 US Wireless Audio Devices Market by Application
9.1.3 US Wireless Audio Devices Market by Technology
9.1.4 US Wireless Audio Devices Market by Product
9.2 Canada Wireless Audio Devices Market
9.2.1 Canada Wireless Audio Devices Market by Functionality
9.2.2 Canada Wireless Audio Devices Market by Application
9.2.3 Canada Wireless Audio Devices Market by Technology
9.2.4 Canada Wireless Audio Devices Market by Product
9.3 Mexico Wireless Audio Devices Market
9.3.1 Mexico Wireless Audio Devices Market by Functionality
9.3.2 Mexico Wireless Audio Devices Market by Application
9.3.3 Mexico Wireless Audio Devices Market by Technology
9.3.4 Mexico Wireless Audio Devices Market by Product
9.4 Rest of North America Wireless Audio Devices Market
9.4.1 Rest of North America Wireless Audio Devices Market by Functionality
9.4.2 Rest of North America Wireless Audio Devices Market by Application
9.4.3 Rest of North America Wireless Audio Devices Market by Technology
9.4.4 Rest of North America Wireless Audio Devices Market by Product
Chapter 10. Company Profiles
10.1 Apple, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Bose Corporation
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.2.3 SWOT Analysis
10.3 GN Store Nord A/S (GN Hearing A/S)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 HARMAN International Industries, Inc (Samsung Electronics Co., Ltd.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Logitech International S.A.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Olympus Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 SWOT Analysis
10.7 Sony Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Xiaomi Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Panasonic Holdings Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Shure, Inc.
10.10.1 Company overview
10.10.2 Recent strategies and developments:
10.10.2.1 Product Launches and Product Expansions:
10.10.2.2 Acquisition and Mergers:
10.10.3 SWOT Analysis

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