World News – CA – WiFi Wireless Speaker Market Expansion to Persist in 2020-2027 – Re: Jerusalem

Growing use of smartphones is expected to propel the growth of the global WiFi wireless speaker market during the forecast period For example, according to the Pew Research Center, in February 2019, 81% of US adults were using smartphones up from 77% in October 2018 In addition, the launch of WiFi TVs is also expected to help the market growth For example, in October 2020, OPPO launched OPPO TV S1 and OPPO TV R1 with HDMI 21, WiFi 6, remote control NFC to quickly activate screen mirroring and OPPO Share, TÜV Rheinland certified blue light filter, Dolby Vision, Dolby Atmos and 8K video playback support

Significant growth in e-commerce sectors is expected to provide lucrative growth opportunities for players in the global WiFi wireless speaker market For example, according to India Brand Equity Foundation, e-commerce sector in India is expected to reach 200 billion in US dollars by 2026 versus 38 US dollars5 billion in 2017 In addition, growing demand for PCs is also expected to contribute to the growth of the global WiFi wireless speaker market For example, according to Gartner, Inc, global PC shipments totaled 706 million units in the fourth quarter 2019, an increase of 3% compared to the fourth quarter of 2018

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Availability of bluetooth speakers is expected to hamper the growth of the global WiFi wireless speaker market

Major players operating in the global WiFi wireless speaker market focus on launching new products to expand their product portfolio For example, in April 2020, Huawei launched its AI Speaker 2 in China as a successor from the original launched in October 2018 The speaker uses 4 GHz 2WiFi, Bluetooth 42 and NFC for connectivity Similarly, in December 2019, Sound United, the parent company that owns the Denon brand, launched the wireless home speaker system. The new range includes three models: Home 150, Home 250 and Home 350

The research report describes potential development opportunities that exist in the global market Reports are categorized by research methods based on historical information and forecast The global WiFi Wireless Speakers Market is generous and depends on the size and strengths of the incentive measurement period This report provides an understanding of the evolution of openness and control in market making Research can generate significant awareness of the final market destination

Production Analysis – Production is analyzed for different regions, types and uses It also provides price analysis to various market players

Sales and Revenue Analysis – Examine both the sales and revenue in different regions of the global market Another important aspect which plays an important role in the revenue and price is also assessed in different regions in this section

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Wi-Fi, Wireless Speaker, Loudspeaker, Bose Corporation