Wireless Audio Devices Market Growth, Demand and Forecast to 2027

Ksnehal07 Jan, 2022Business

The wireless audio device market will witness a healthy growth from 2016 to 2027, a research report suggests. Growing at a CAGR of 17%, the market is projected to reach USD 70 billion by 2027. Increasing use of wireless audio devices in the commercial sector is expected to support the market growth along with increasing need for mobility services. As predicted by analysts, low research and development budgets will negatively affect the market?s performance from 2016 to 2027.