MarketResearchNest.com
adds “Global WiFi Wireless Speakers
Market Growth (Status and Outlook) 2019-2024”new report to its research
database.
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.
WiFi is almost as ubiquitous as Bluetooth, but not quite.
WiFi is sometimes referred to by its technical label, IEEE 802.11. Most
smartphones, tablets and laptops have WiFi onboard. WiFi has a greater range
than Bluetooth - perhaps as much as 120 feet indoors, but the actual range may
be less. With some planning, WiFi can cover an entire house.
One way to assure maximum coverage is to locate the WiFi
router in the center of a house, or where its coverage is most useful. For
example, if you want to use wireless speakers mainly in a bedroom and on a
patio, place the router central to those locations. If needed, a WiFi bridge
can be added to further extend the range. Although a "line of sight"
is not needed, walls and partitions will decrease the range. As with Bluetooth,
there are differences in WiFi hardware. Some chips can provide more range than
others, and are less sensitive to interference. However, WiFi signals can
experience interference from devices such as microwave ovens. As with
Bluetooth, WiFi has evolved. Version "n" is currently the fastest and
has the greatest range, but all types of WiFi can convey audio signals.
Importantly, audio signals can be conveyed via WiFi using a
lossless codec; with this method, there is absolutely no loss of audio fidelity
as the data signal travels across the WiFi network. The digital bits at the
receiver are identical to the bits at the source. One downside is that
different wireless systems, while they may all use WiFi, use incompatible data
formatting. So, the systems are incompatible; for example, Apple and Android
run into this problem. We'll discuss this in a later installment.
Setting up a WiFi based system can sometimes be tricky. For
example, you might need to enter a security password. Some WiFi routers have a
WPS (WiFi Protected Setup) feature; this allows secure connection without
needing a password. One of the most important considerations when buying a
WiFi-based wireless system is to make sure that setup and operation is clearly
defined.
The choice of Bluetooth or WiFi is clear. Bluetooth is a
universal standard and easy to use. But, its range is quite limited and sound
quality is restricted. WiFi systems have a wider range and can offer excellent
fidelity. But, different systems that use WiFi are incompatible, and setup may
be difficult.
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. Suppliers and manufacturers of such
equipment are increasingly focusing on expanding in the market by making these
systems user friendly and visually less intrusive. 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.
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 and 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.
Furthermore, a multitude of consumers are drawn to portable
devices such as laptops, smartphones, tablets equipped with Wi-Fi connectivity since
these devices enable users to stream content wirelessly.
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According to this study, over the next five years the WiFi
Wireless Speakers market will register a xx% CAGR in terms of revenue, the
global market size will reach US$ xx million by 2024, from US$ xx million in
2019. In particular, this report presents the global revenue market share of
key companies in WiFi Wireless Speakers business, shared in Chapter 3.
This report presents a comprehensive overview, market shares
and growth opportunities of WiFi Wireless Speakers market by product type,
application, key companies and key regions.
This study considers
the WiFi Wireless Speakers value and volume generated from the sales of the
following segments:
Segmentation by
product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to
2024 in section 10.7.
·
Portable
·
Stationary
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 10.8.
·
Home
Application
·
Commercial
·
Automotive
·
Others
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
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The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Sonos
·
Bose
·
Amazon
·
Samsung
·
Sony
·
Denon
·
Edifier
·
JBL
·
YAMAHA
·
Terratec
·
Pioneer
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key players and the market as a whole. It
also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global WiFi Wireless
Speakers market size by key regions/countries, product type and application,
history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of WiFi Wireless
Speakers market by identifying its various subsegments.
·
Focuses on the key global WiFi Wireless Speakers
players, to define, describe and analyze the value, market share, market
competition landscape, SWOT analysis and development plans in next few years.
·
To analyze the WiFi Wireless Speakers with
respect to individual growth trends, future prospects, and their contribution
to the total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the size of WiFi Wireless Speakers
submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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