Global Wireless Audio Devices Market Size & Outlook
The wireless audio devices industry worldwide is expected to reach a projected revenue of US$ 296,547.4 million by 2030. A compound annual growth rate of 15.5% is expected of the worldwide wireless audio devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$107,917.9
Forecast, 2030 (US$M)
$296,547.4
CAGR, 2024 - 2030
15.5%
Report Coverage
Worldwide
Global wireless audio devices market, 2018-2030 (US$M)
Related Markets
Global wireless audio devices market highlights
- The global wireless audio devices market generated a revenue of USD 107,917.9 million in 2023 and is expected to reach USD 296,547.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 15.5% by 2030.
- In terms of segment, true wireless hearables/earbuds accounted for a revenue of USD 36,521.9 million in 2023.
- Earphone is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 107,917.9 million |
| Market revenue in 2030 | USD 296,547.4 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | True wireless hearables/earbuds |
| Fastest growing segment | Earphone |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Earphone, Headphone, True Wireless Hearables/Earbuds, Speaker Systems, Soundbars, Headsets, Microphones |
Other key industry trends
- In terms of revenue, the North America accounted for 33.3% of the global wireless audio devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 7,959.8 million by 2030.
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Wireless Audio Devices Market Scope
Wireless audio devices market segmentation & scope
Wireless Audio Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global wireless audio devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wireless audio devices market size, 2023 (US$M)
Global wireless audio devices market share, by product, 2023 & 2030 (%, US$M)
Wireless audio devices market: Opportunity assessment by country
Global wireless audio devices market, by region, 2023 (US$M)
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