Wireless Audio Device Market worth $13.75 Billion by 2018

Driving the evolution of wireless technology is customers’ increasing expectations for high quality sound, unrestricted mobility and aesthetically appealing products.Wireless technologies enable one or more devices to communicate without an actual wired connection, thereby reducing the mesh of wire around an audio system. Radio frequency, Infra-Red, Bluetooth, SkAA, WI-Fi are being increasingly used to stream audio.

According to a new market research report "Wireless Audio Device Market By Products (Speakers, Headphones, Sound-Bars & Microphones),Technology (Bluetooth, Airplay, SKAA, & Wi-Fi), Application (Home, Consumer, Commercial, Automotive & Defense) - Global Forecast & Analysis (2013 – 2018)", the total market is expected to generate revenues of $13.75 billion by 2018, growing at an estimated CAGR of 24.02% from 2013-2018.

This report presents the future of the global market and industry from both technical and market-oriented perspectives with techno-market oriented road maps till 2018. This report describes the market trends, drivers, restraints and opportunities of the wireless audio device market and forecasts the market to 2018, based on product, application, and geography.The report presents a detailed analysis of the product market and forecasts the growth for each one of them. The report covers regions such as Americas, Europe, Asia-Pacific, and ROW (Rest of the World). In 2012,Americas was the largest region in terms of market revenue and volume shipment for the wireless audio device market. APAC, Europe, and ROW are also promising markets, with China, India, Germany, and Africa provides an impetus to the growth.

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The report profiles 20 promising players with a SWOT analysis of key players in the wireless audio device market ecosystem. The competitive landscape of the market presents quite an interesting picture, where large numbers of new products have been launched since 2011. The market is witnessing a series of key developments such as announcements and partnerships across the value chain. A few big announcements by small and big players alike are expected in the coming months. Some of the key players in the wireless audio device market include Bose Corporation (U.S.), Harman International Industries (U.S.), Sennheiser Electronic Gmbh (Germany), Sony Corporation (Japan), Philips (The Netherlands), Voxx International (U.S.), Shure, Inc. (U.S.) Vizio, Inc. (U.S.), Plantronics, Inc. (U.S.) and Polk Audio (U.S.).

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Americas Smart Homes Market worth $22.4 Billion by 2020

Smart homes symbolize buildings furnished with intelligent systems and communication standards and protocols that present the occupant with a higher level of comfort and control, which was not possible in the traditional homes.

The Americas smart homes market covers the entire industry on the basis of products, services, and geography. The products section covers security & access control, entertainment systems, lighting control, HVAC control, and home health systems; along with their current and future estimations. Security services occupy the largest market share in the Americas market whereas it is lighting control that is projected to grow at the fastest CAGR in the forecast period. The services section covers installation & maintenance, and renovation & customization. The geographical analysis covers the U.S., Canada, Mexico, Brazil, and Argentina.

According to a new market research report “Americas Smart Homes Market by Product (Security, Access, Lighting, Entertainment, Energy Management, HVAC, Ballast & Battery Pack), Service (Installation & Repair, Renovation & Customization) and Geography - Analysis & Forecast (2013 - 2020).”, the total market for the Americas smart homes market will be worth $22.4billion by 2020, at an estimated CAGR of 17.62%.

The major drivers for the global smart homes market are energy efficient smart lighting devices, advancements in digital analytics platforms, and the rising incidences of chronic diseases. The major barriers affecting smart home systems include the lack of consumer awareness, and inability of the security systems installed in the smart homes to prevent crimes.

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The major companies involved in the global smart homes industry are Control4 Corporation (U.S.),Lutron Electronics (U.S.),Crestron Electronics (U.S.),Vivint Inc (U.S.), and more. The U.S. will remain the leading market for the Americas smart homes throughout the forecasted period due to its high adoption rate of smart homes; as its economy recovers in a phased manner along with continuous technological developments

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