The global market for wireless audio device, including Apple's new $ 229 Beats Pill+ Bluetooth speaker is booming, in large part thanks to Smartphone development. In fact, according to IDC data, which are growing smart phone about three times, even though a steady downward trend, markets such as China is also an important part. According to statistics, China now accounts for Smartphone sales in 30%, this is a startling figure.
Wireless audio device space could be worth as much as $ 38.5 billion in 7 years, up from $ 6.9 billion last year, according to a new report, the compound annual growth rate (CAGR) between now and 2022, more than 24%. By contrast, smartphones expected 5-year compound growth rate of more than 8%, this space is now the top vendors including Apple (the Beats brand) as well as a small number of other businesses, such as Bose, Harman, Sennheiser, Sony, Philips, etc.