Wireless Audio Device Market Share

Market Share of Wireless Audio Device Industry

The wireless audio device market is highly fragmented as several players are entering the market due to the low entry cost in terms of capital. The market is highly competitive, with many players having shares in the market. Some of the key players include Apple Inc., Bose Corporation, DEI Holdings Inc., Harman International Inc., Koninklijke Philips NV, Sennheiser Electronic GMBH & Co. KG, Sony Corporation, and Shure Incorporated, among others.

• August 2022: Sony India launched its HT-S400, a 2.1ch soundbar with a wireless subwoofer. The company claims that the S-Force PRO Front Surround technology provides clear dialogue and 330W of total power output. It has an X-Balanced Speaker Unit with a distinctive rectangular design that maximizes the diaphragm as part of the front speakers. The product maintains sound pressure while lowering driver excursion, which leads to less distortion and better vocal clarity.
• November 2022: True wireless stereo (TWS) earbuds, earpods, and multi-room smart Wi-Fi home speaker solutions were all introduced by the Swedish brand Defunc in collaboration with Salora International. Defunc introduced five different earbud models, two sizes of Wi-Fi home speakers, one in small and one in large, in India. The Wi-Fi home speakers have two color choices, grey and black. The customers are offered a variety of accessories to choose from, such as floor stands, mounts, and colored fronts.

Wireless Audio Devices Market Leaders

1. Apple Inc.

2. Bose Corporation

3. DEI Holdings Inc.

4. Samsung Electronics Co. Ltd. (Harman International Inc.)

5. Sennheiser Electronic GMBH & Co. KG

*Disclaimer: Major Players sorted in no particular order