Wireless Audio Market worth 54.07 Billion USD by 2022

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MarketsandMarkets Presents
Wireless Audio Market worth 54.07 Billion USD by
2022 The market for wireless audio is expected
to reach USD 54.07 Billion by 2022, at a CAGR of
23.2 between 2016 and 2022.
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In 2015, speaker systems held the largest market
size The main benefit offered by the wireless
speaker systems is that there are no wires
connecting the speakers to the sound system
hence, there is no need for users to worry about
tripping over wires that are connected to the
speaker system.  Moreover, wireless headsets and
microphones keep the users both hands free due
to which the user can perform other
tasks. Bluetooth technology is expected to
dominate the wireless audio market during the
forecast period Audio streaming through
Bluetooth has become the major trend in the
wireless audio device market. The wireless audio
devices with Bluetooth technology are expected to
witness a significant demand in the near future
for a higher throughput, more ubiquitous usage,
and linking with the Wi-Fi and ultra-wideband
(UWB) broadcast technologies. Sample pages of
the Report http//www.marketsandmarkets.com/requ
estsample.asp?id1275
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The Americas accounted for the largest share of
the wireless audio market in 2015 The Americas
accounted for the largest share of the wireless
audio market in terms of value as well as volume
in 2015. In the Americas region, the U.S is at
the forefront of commercializing new
technologies. The APAC market is expected to grow
at the highest CAGR during the forecast period.
The APAC, being the most populated region in the
world, market for consumer electronics including
smartphones, tablets, and wireless audio devices
is increasing rapidly because most of the
countries in this region are growing at a higher
rate. The key players in this market include,
Apple Inc. (U.S.), Bose Corporation (U.S.),
Sonos, Inc. (U.S.), Dei Holdings Inc. (U.S.),
Harman International Industries, Incorporated
(U.S.), Samsung Electronics Co., Ltd. (South
Korea), Sennheiser Electronic GmbH Co. KG
(Germany), Sony Corporation (Japan), Vizio, Inc.
(U.S.), and Voxx International Corporation
(U.S.). Report Information http//www.marketsa
ndmarkets.com/Market-Reports/wireless-audio-device
-market-1275.html
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