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Asia Pacific 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

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    Report

  • 209 Pages
  • November 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5916781
The Asia Pacific Wireless Audio Devices Market would witness market growth of 15.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,19,363.0 thousand units, showcasing a growth of 15.4% (2019-2022).

Wireless earbuds designed for fitness enthusiasts offer features like water and sweat resistance, secure fit, and in-ear heart rate monitoring. These devices cater to individuals who want to track their workouts and stay motivated with music or coaching. For audiophiles, high-end wireless audio devices provide an exceptional listening experience, often supporting lossless audio codecs like LDAC. These devices cater to those who demand the highest audio quality without sacrificing the convenience of wireless connectivity. Wireless portable speakers are used for outdoor gatherings, picnics, and parties. They are also essential for public events, where clear and wireless audio is required.

The market is used to transmit and receive various audio signals through wireless technologies, namely, Wi-Fi, Bluetooth, and Airplay, among others. Wireless headphones, microphones, speakers, sound bars, audio systems, radio tuners, and others are various types of audio devices available in the market. The main reasons propelling the market are the growing use of mobile devices, the increasing penetration of infotainment devices, and the expanding uses of these devices in the commercial sector, including contact centers, events, and shows. Concerning the frequency spectrum of audio devices, the government has enforced rigorous regulations.

According to the International Trade Administration, the e-commerce sector in Japan has been expanding consistently, with $163.5 billion in sales in 2018. Many e-commerce platforms in Japan feature user reviews and ratings, which can influence consumer decisions. Positive reviews and high ratings can boost the reputation of these audio devices. Cross-border e-commerce platforms enable Japanese consumers to access a wider range of products globally, including wireless audio devices. All these factors will uplift the regional market’s expansion in coming years.

The China market dominated the Asia Pacific Wireless Audio Devices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $21,248.5 million by 2030. The Japan market is showcasing a CAGR of 14.8% during (2023 - 2030). Additionally, The India market would register a CAGR of 16.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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))
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • 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

  • Exhaustive coverage
  • The 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

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Wireless Audio Devices Market, by Functionality
1.4.2 Asia Pacific Wireless Audio Devices Market, by Application
1.4.3 Asia Pacific Wireless Audio Devices Market, by Technology
1.4.4 Asia Pacific Wireless Audio Devices Market, by Product
1.4.5 Asia Pacific 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 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. Asia Pacific Wireless Audio Devices Market by Functionality
5.1 Asia Pacific Non-smart Devices Market by Country
5.2 Asia Pacific Smart Devices Market by Country
Chapter 6. Asia Pacific Wireless Audio Devices Market by Application
6.1 Asia Pacific Residential/Individual Market by Country
6.2 Asia Pacific Commercial Market by Country
6.3 Asia Pacific Automotive Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Wireless Audio Devices Market by Technology
7.1 Asia Pacific Bluetooth Market by Country
7.2 Asia Pacific Wi-Fi Market by Country
7.3 Asia Pacific Bluetooth + Wi-Fi Market by Country
7.4 Asia Pacific Airplay Market by Country
7.5 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Wireless Audio Devices Market by Product
8.1 Asia Pacific True Wireless Hearables/Earbuds Market by Country
8.2 Asia Pacific Headsets Market by Country
8.3 Asia Pacific Speaker Systems Market by Country
8.4 Asia Pacific Headphone Market by Country
8.5 Asia Pacific Earphone Market by Country
8.6 Asia Pacific Soundbars Market by Country
8.7 Asia Pacific Others Market by Country
Chapter 9. Asia Pacific Wireless Audio Devices Market by Country
9.1 China Wireless Audio Devices Market
9.1.1 China Wireless Audio Devices Market by Functionality
9.1.2 China Wireless Audio Devices Market by Application
9.1.3 China Wireless Audio Devices Market by Technology
9.1.4 China Wireless Audio Devices Market by Product
9.2 Japan Wireless Audio Devices Market
9.2.1 Japan Wireless Audio Devices Market by Functionality
9.2.2 Japan Wireless Audio Devices Market by Application
9.2.3 Japan Wireless Audio Devices Market by Technology
9.2.4 Japan Wireless Audio Devices Market by Product
9.3 India Wireless Audio Devices Market
9.3.1 India Wireless Audio Devices Market by Functionality
9.3.2 India Wireless Audio Devices Market by Application
9.3.3 India Wireless Audio Devices Market by Technology
9.3.4 India Wireless Audio Devices Market by Product
9.4 South Korea Wireless Audio Devices Market
9.4.1 South Korea Wireless Audio Devices Market by Functionality
9.4.2 South Korea Wireless Audio Devices Market by Application
9.4.3 South Korea Wireless Audio Devices Market by Technology
9.4.4 South Korea Wireless Audio Devices Market by Product
9.5 Singapore Wireless Audio Devices Market
9.5.1 Singapore Wireless Audio Devices Market by Functionality
9.5.2 Singapore Wireless Audio Devices Market by Application
9.5.3 Singapore Wireless Audio Devices Market by Technology
9.5.4 Singapore Wireless Audio Devices Market by Product
9.6 Malaysia Wireless Audio Devices Market
9.6.1 Malaysia Wireless Audio Devices Market by Functionality
9.6.2 Malaysia Wireless Audio Devices Market by Application
9.6.3 Malaysia Wireless Audio Devices Market by Technology
9.6.4 Malaysia Wireless Audio Devices Market by Product
9.7 Rest of Asia Pacific Wireless Audio Devices Market
9.7.1 Rest of Asia Pacific Wireless Audio Devices Market by Functionality
9.7.2 Rest of Asia Pacific Wireless Audio Devices Market by Application
9.7.3 Rest of Asia Pacific Wireless Audio Devices Market by Technology
9.7.4 Rest of Asia Pacific 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

Companies Mentioned

  • 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.

Methodology

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