The Vibrant Audio Segment Offers Growing Opportunities for Several Years to Come
Greetings from the Mobility Magazine!
In this issue, the cover story on the scope and opportunities in the audio segment.
The India wireless audio market is expected to register a CAGR of approximately 18% for several years to come. The leading factors boosting the market growth include higher smartphone penetration, reduced internet connection pricing, an increased need for mobility and flexibility, and a faster rate of technological advancement and acceptance. Easy functioning, Reliable sound quality, and small shape drive the segment.
Constant penetration of IoT & AI technologies, plus innovative technological progress in voice recognition systems, wireless audio products, clip-on headphones, as well as precise integration of speech recognition software; are the reasons behind the growth of the global market.
We hope the brands and partners will make best use of the boom in the audio segment.
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