Middle East & Africa Wireless Audio Devices Market Size & Outlook
The wireless audio devices market in Middle East & Africa is expected to reach a projected revenue of US$ 21,924.0 million by 2030. A compound annual growth rate of 13.8% is expected of Middle East & Africa wireless audio devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$8,893.3
Forecast, 2030 (US$M)
$21,924.0
CAGR, 2024 - 2030
13.8%
Report Coverage
Middle East & Africa
Middle East & Africa wireless audio devices market, 2018-2030 (US$M)
Related Markets
MEA wireless audio devices market highlights
- The MEA wireless audio devices market generated a revenue of USD 8,893.3 million in 2023.
- The market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, true wireless hearables/earbuds was the largest revenue generating product in 2023.
- True Wireless Hearables/Earbuds is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 8,893.3 million |
| Market revenue in 2030 | USD 21,924.0 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | True wireless hearables/earbuds |
| Fastest growing segment | True Wireless Hearables/Earbuds |
| 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 |
| Key market players worldwide | Apple Inc, Bose Corporation, GN Store Nord A/S, Harman International, Logitech International SA, Samsung Electronics Co Ltd, Skullcandy, Siemens AG, Sony Group Corp, Xiaomi Corp Class B, Sonoscape Medical, Panasonic Holdings Corp, Shure, Plantronics, boAt |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.2% of the global wireless audio devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 82,647.8 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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MEA wireless audio devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Wireless Audio Devices Market Outlook Share, 2023 & 2030 (US$M)
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