The overall Wireless Audio Device Market is expected to grow from USD 2.8 billion in 2020 to USD 6.9 billion by 2025, at a CAGR of 19%. The growth of this market is mainly driven by the increasing demand for ToF sensors from automotive industry and growing adoption of 3D cameras in smartphones and increasing use of such smartphones. The rising adoption of 3D machine vision systems in various industries and growing deployment of Industry 4.0 provide major opportunities for the growth of the ToF sensor market.
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Wireless Audio Device Market Segments
By Product:
• Headphones
• Headsets
• Speaker Systems
• Soundbars
• Microphones
• Others (Audio/Video (A/V) Controllers, A/V Receivers, Power Amplifiers, Radio Tuners, and Dedicated Speaker Docks)
By Application
• Home Audio
• Commercial
• Consumer
• Automotive
• Others (Security & Defense, Industrial, and Medical)
By Technology
• Smart Devices
• Non-smart Devices
By Functionality
• Bluetooth
• Wi-Fi
• Bluetooth+Wi-Fi
• AirPlay
• Radio Frequency
• Others (AllPlay, Wireless Speaker & Audio (WiSA), SKAA, Play-Fi, KleerNet, and Infrared (IR))
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