Hybrid Wireless Speakers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Wireless speakers receive and collects audio signals from radio frequency (RF) waves instead of audio cables. A variant of WiFi is one of the most common RF frequencies for audio transmission to wireless loudspeakers, while others depend on Bluetooth to send audio data to the receiving speaker. The hybrid wireless speakers have an integration of VOIP telephony function into it. These hands-free hybrid wireless speakers have a built-in microphone that allows you to accept and make calls using your phone. When a call is received, the music immediately stops and resumes when the call is over. Some of the major factors driving the adoption of hybrid wireless speakers include increased investment in the smart home market, increased preference for portable speakers, and increased product innovation in the wireless speaker segment.
MARKET DYNAMICS
The market is being fueled by factors such as an increase in global demand for infotainment products, an increase in the usage of wireless audio devices in the commercial sector, and increased R&D investment by OEMs for the production of new and advanced hybrid wireless speaker devices. Moreover, increased investment in the smart home market, increased preference for portable speakers, and increased product innovation in the wireless speaker segment. Additionally, technology advancement in speaker systems and electronics are likely to fuel market growth during the forecast period. Whereas, issues like high cost of such devices, privacy concerns are likely to restrain market growth during the forecast period.
MARKET SCOPE
The "Global Hybrid Wireless Speakers Market Analysis to 2031" is a specialized and in-depth study of the Hybrid wireless speakers Market with a special focus on the global market trend analysis. The report aims to provide an overview of Hybrid wireless speakers market with detailed market segmentation by type and application. The global hybrid wireless speakers market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hybrid wireless speakers market player and offers key trends and opportunities in the hybrid wireless speakers market.
MARKET SEGMENTATION
The global hybrid wireless speakers market is segmented based on type and application. On the basis of type the market is segmented as, single speakers, double speakers, multi speakers. Further, on the basis of application the market is segmented as, household use, commercial use.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hybrid wireless speakers market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hybrid wireless speakers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting hybrid wireless speakers Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the hybrid wireless speakers market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hybrid wireless speakers market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hybrid wireless speakers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting hybrid wireless speakers Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the hybrid wireless speakers market in these regions.
MARKET PLAYERS
The reports cover key developments in the hybrid wireless speakers market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from hybrid wireless speakers market are anticipated to lucrative growth opportunities in the future with the rising demand for hybrid wireless speakers market. Below mentioned is the list of few companies engaged in the Hybrid wireless speakers market.
The report also includes the profiles of key hybrid wireless speakers market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Edifier International Limited
- JBL
- Logitech
- Philips
- Pioneer
- Bose Corporation
- UltraProlink
- Home Theater Direct, Inc
- Sony Corporation
- Clavier
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hybrid Wireless Speakers Market - By Type
1.3.2 Hybrid Wireless Speakers Market - By Application
1.3.3 Hybrid Wireless Speakers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HYBRID WIRELESS SPEAKERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HYBRID WIRELESS SPEAKERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HYBRID WIRELESS SPEAKERS MARKET - GLOBAL MARKET ANALYSIS
6.1. HYBRID WIRELESS SPEAKERS - GLOBAL MARKET OVERVIEW
6.2. HYBRID WIRELESS SPEAKERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HYBRID WIRELESS SPEAKERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SINGLE-SPEAKERS
7.3.1. Overview
7.3.2. Single-speakers Market Forecast and Analysis
7.4. DOUBLE-SPEAKERS
7.4.1. Overview
7.4.2. Double-speakers Market Forecast and Analysis
7.5. MULTI-SPEAKERS
7.5.1. Overview
7.5.2. Multi-speakers Market Forecast and Analysis
8. HYBRID WIRELESS SPEAKERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOUSEHOLD USE
8.3.1. Overview
8.3.2. Household Use Market Forecast and Analysis
8.4. COMMERCIAL USE
8.4.1. Overview
8.4.2. Commercial Use Market Forecast and Analysis
9. HYBRID WIRELESS SPEAKERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hybrid Wireless Speakers Market Overview
9.1.2 North America Hybrid Wireless Speakers Market Forecasts and Analysis
9.1.3 North America Hybrid Wireless Speakers Market Forecasts and Analysis - By Type
9.1.4 North America Hybrid Wireless Speakers Market Forecasts and Analysis - By Application
9.1.5 North America Hybrid Wireless Speakers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hybrid Wireless Speakers Market
9.1.5.1.1 United States Hybrid Wireless Speakers Market by Type
9.1.5.1.2 United States Hybrid Wireless Speakers Market by Application
9.1.5.2 Canada Hybrid Wireless Speakers Market
9.1.5.2.1 Canada Hybrid Wireless Speakers Market by Type
9.1.5.2.2 Canada Hybrid Wireless Speakers Market by Application
9.1.5.3 Mexico Hybrid Wireless Speakers Market
9.1.5.3.1 Mexico Hybrid Wireless Speakers Market by Type
9.1.5.3.2 Mexico Hybrid Wireless Speakers Market by Application
9.2. EUROPE
9.2.1 Europe Hybrid Wireless Speakers Market Overview
9.2.2 Europe Hybrid Wireless Speakers Market Forecasts and Analysis
9.2.3 Europe Hybrid Wireless Speakers Market Forecasts and Analysis - By Type
9.2.4 Europe Hybrid Wireless Speakers Market Forecasts and Analysis - By Application
9.2.5 Europe Hybrid Wireless Speakers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hybrid Wireless Speakers Market
9.2.5.1.1 Germany Hybrid Wireless Speakers Market by Type
9.2.5.1.2 Germany Hybrid Wireless Speakers Market by Application
9.2.5.2 France Hybrid Wireless Speakers Market
9.2.5.2.1 France Hybrid Wireless Speakers Market by Type
9.2.5.2.2 France Hybrid Wireless Speakers Market by Application
9.2.5.3 Italy Hybrid Wireless Speakers Market
9.2.5.3.1 Italy Hybrid Wireless Speakers Market by Type
9.2.5.3.2 Italy Hybrid Wireless Speakers Market by Application
9.2.5.4 United Kingdom Hybrid Wireless Speakers Market
9.2.5.4.1 United Kingdom Hybrid Wireless Speakers Market by Type
9.2.5.4.2 United Kingdom Hybrid Wireless Speakers Market by Application
9.2.5.5 Russia Hybrid Wireless Speakers Market
9.2.5.5.1 Russia Hybrid Wireless Speakers Market by Type
9.2.5.5.2 Russia Hybrid Wireless Speakers Market by Application
9.2.5.6 Rest of Europe Hybrid Wireless Speakers Market
9.2.5.6.1 Rest of Europe Hybrid Wireless Speakers Market by Type
9.2.5.6.2 Rest of Europe Hybrid Wireless Speakers Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hybrid Wireless Speakers Market Overview
9.3.2 Asia-Pacific Hybrid Wireless Speakers Market Forecasts and Analysis
9.3.3 Asia-Pacific Hybrid Wireless Speakers Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Hybrid Wireless Speakers Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Hybrid Wireless Speakers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hybrid Wireless Speakers Market
9.3.5.1.1 Australia Hybrid Wireless Speakers Market by Type
9.3.5.1.2 Australia Hybrid Wireless Speakers Market by Application
9.3.5.2 China Hybrid Wireless Speakers Market
9.3.5.2.1 China Hybrid Wireless Speakers Market by Type
9.3.5.2.2 China Hybrid Wireless Speakers Market by Application
9.3.5.3 India Hybrid Wireless Speakers Market
9.3.5.3.1 India Hybrid Wireless Speakers Market by Type
9.3.5.3.2 India Hybrid Wireless Speakers Market by Application
9.3.5.4 Japan Hybrid Wireless Speakers Market
9.3.5.4.1 Japan Hybrid Wireless Speakers Market by Type
9.3.5.4.2 Japan Hybrid Wireless Speakers Market by Application
9.3.5.5 South Korea Hybrid Wireless Speakers Market
9.3.5.5.1 South Korea Hybrid Wireless Speakers Market by Type
9.3.5.5.2 South Korea Hybrid Wireless Speakers Market by Application
9.3.5.6 Rest of Asia-Pacific Hybrid Wireless Speakers Market
9.3.5.6.1 Rest of Asia-Pacific Hybrid Wireless Speakers Market by Type
9.3.5.6.2 Rest of Asia-Pacific Hybrid Wireless Speakers Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hybrid Wireless Speakers Market Overview
9.4.2 Middle East and Africa Hybrid Wireless Speakers Market Forecasts and Analysis
9.4.3 Middle East and Africa Hybrid Wireless Speakers Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Hybrid Wireless Speakers Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Hybrid Wireless Speakers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hybrid Wireless Speakers Market
9.4.5.1.1 South Africa Hybrid Wireless Speakers Market by Type
9.4.5.1.2 South Africa Hybrid Wireless Speakers Market by Application
9.4.5.2 Saudi Arabia Hybrid Wireless Speakers Market
9.4.5.2.1 Saudi Arabia Hybrid Wireless Speakers Market by Type
9.4.5.2.2 Saudi Arabia Hybrid Wireless Speakers Market by Application
9.4.5.3 U.A.E Hybrid Wireless Speakers Market
9.4.5.3.1 U.A.E Hybrid Wireless Speakers Market by Type
9.4.5.3.2 U.A.E Hybrid Wireless Speakers Market by Application
9.4.5.4 Rest of Middle East and Africa Hybrid Wireless Speakers Market
9.4.5.4.1 Rest of Middle East and Africa Hybrid Wireless Speakers Market by Type
9.4.5.4.2 Rest of Middle East and Africa Hybrid Wireless Speakers Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hybrid Wireless Speakers Market Overview
9.5.2 South and Central America Hybrid Wireless Speakers Market Forecasts and Analysis
9.5.3 South and Central America Hybrid Wireless Speakers Market Forecasts and Analysis - By Type
9.5.4 South and Central America Hybrid Wireless Speakers Market Forecasts and Analysis - By Application
9.5.5 South and Central America Hybrid Wireless Speakers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hybrid Wireless Speakers Market
9.5.5.1.1 Brazil Hybrid Wireless Speakers Market by Type
9.5.5.1.2 Brazil Hybrid Wireless Speakers Market by Application
9.5.5.2 Argentina Hybrid Wireless Speakers Market
9.5.5.2.1 Argentina Hybrid Wireless Speakers Market by Type
9.5.5.2.2 Argentina Hybrid Wireless Speakers Market by Application
9.5.5.3 Rest of South and Central America Hybrid Wireless Speakers Market
9.5.5.3.1 Rest of South and Central America Hybrid Wireless Speakers Market by Type
9.5.5.3.2 Rest of South and Central America Hybrid Wireless Speakers Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HYBRID WIRELESS SPEAKERS MARKET, KEY COMPANY PROFILES
11.1. EDIFIER INTERNATIONAL LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. JBL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. LOGITECH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PHILIPS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PIONEER
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BOSE CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ULTRAPROLINK
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HOME THEATER DIRECT, INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SONY CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CLAVIER
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Edifier International Limited
2. JBL
3. Logitech
4. Philips
5. Pioneer
6. Bose Corporation
7. UltraProlink
8. Home Theater Direct, Inc
9. Sony Corporation
10. Clavier
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For