Worldwide Market Reports

WiFi Wireless Speakers Market Growth Powered with Latest Development Scenario and Influencing Trends

WiFi Wireless Speakers Market Update: Exceeding Expectations of Key Players That Shows Promising Future

 

Seattle, WA -- (SBWIRE) -- 11/12/2019 -- Wireless speakers are loudspeakers which receive audio signals using radio frequency (RF) waves rather than over audio cables. The two most popular RF frequencies that support audio transmission to wireless loudspeakers include a variation of WiFi IEEE 802.11 while others depends on Bluetooth to transmit audio data to the receiving speaker.

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The growth of the market for WiFi Wireless Speakers can be attributed to the continuous technological innovations in home audio devices and growing consumer demand for high-performance home theater experience owing to increased disposable income. In addition, developments in Wi-Fi speakers, and dedicated speaker docks are expected to increase consumer spending on audio equipment to enhance audio quality. Also, there is an increasing demand for portable audio equipment, which has the ability to stream high-quality audio content from the Internet. Therefore, the advancements in digital technology, with changing media options from conventional to modern system, are contributing to the growth of the market for WiFi Wireless Speakers.

Market Segmentation:

Market Segment by Type, covers
Portable
Stationary

Market Segment by Applications, can be divided into
Home Application
Commercial
Automotive
Others

Regional Analysis:

The North America to hold the largest share of the WiFi Wireless Speakers market in 2017
The WiFi Wireless Speakers market in the North America is likely to be driven by the increase in sale and installation of home entertainment devices. The growing population of music listeners, increasing digital music sales, and popularity of the audio & video entertainment segment are expected to influence the regional market positively over the next decade. The US is at the forefront of installing and buying the upcoming technologies such as home entertainment systems.

Key Players:

Sonos, Bose, Amazon, Samsung, Sony, Denon, Edifier, JBL, YAMAHA, Terratec, Pioneer

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