Bolstered by the increase in demand for smartphones, bluetooth technology is set to hold the largest size of the wireless audio market by 2023.
The wireless audio market is estimated to grow at a CAGR (compound annual growth rate) of 10.06% from $16.13bn in 2016 to $ 31.80bn according to a research by Reportlinker.
Links with Wi-Fi and ultra-wideband (UWB) broadcast technologies and the ability to interact with other devices without relying on traditional wired connection has further boosted its growth.
The report further claimed the increase in market for smartphones, tablets, and wireless audio devices would power Read full story ›
Source: The Drum
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