Wireless Audio Market Worth $13.75 Billion by 2018

According to a new market research report “Wireless Audio Device Market By Products, Technology and Application - Global Forecast & Analysis 2013 – 2018” published by MarketsandMarkets, the total market is expected to generate revenues of $13.75 billion by 2018, growing at an estimated CAGR of 24.02% from 2013-2018.

At the RMAF 2014 show in Denver, Sony introduced an expanded range of portable audio options to enjoy Hi-Res sound anywhere. This includes three new headphones – the MDR-Z7 headband type Hi-Res Headphones, MDR-1ADAC Hi-Res Headphones with Integrated DAC/Amplifier, and XBA-Z5 Hi-Res In-Ear Headphones – as well as the PHA-3 Portable Headphone DAC/ Amplifier, and several headphone cables including models engineered with Kimber Kable.

As usual, the IFA consumer electronics show in Berlin is the stage for many industry announcements and a good share of award ceremonies. Among those, none is more important than the European Imaging & Sound Association (EISA) Awards, featuring more than 20 audio categories. OPPO’s PM-1 received the Best European Hi-Fi Headphone award.

The PHA-2 headphone amplifier from Sony was named Best of Innovations at the International CES Innovations 2014 Design and Engineering Awards event for its effectiveness and great listening experience when used with portable audio players or smartphones. The PHA-2 headphone DAC/amplifier is part of Sony’s new line of High Resolution Audio products introduced in October 2013, along with the TA-A1ES integrated stereo amplifier.