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Wireless Audio Device Market worth $70.9 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Aug. 5, 2024 /PRNewswire/ — The Wireless Audio Device Market is projected to reach from USD 56.5 billion in 2024 to USD 70.9 billion by 2029; it is expected to grow at a CAGR of 4.7% from 2024 to 2029 according to a new report by MarketsandMarkets™. The upsurge is driven by rising demand for portable and high-quality audio solutions across multiple industries, such as personal entertainment, professional audio, and smart home applications.

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Browse in-depth TOC on “Wireless Audio Device Market”

160 – Tables
60 – Figures
230 – Pages

Wireless Audio Device Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 56.5 billion

Estimated Value by 2029

$ 70.9 billion

Growth Rate

Poised to grow at a CAGR of 4.7%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Product, Technology, Application, Functionality and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Compromising audio quality due to bandwidth constraints, coding delays, and errors

Key Market Opportunities

Gaining popularity among health and fitness sector

Key Market Drivers

Rising need for Bluetooth and portable speakers

By Product: True Wireless Hearables/EarPods is projected to grow at the highest CAGR during the forecast period.

Bluetooth technology has evolved rapidly, resulting in smaller, more efficient, and cost-effective true wireless stereo (TWS) earphones. These developments enable characteristics such as noise cancellation, echo reduction, and increased battery life, which makes them more desirable to consumers. Consumers seek easy audio solutions that improve efficiency and fun when working from home or exercising. The compatibility of earbuds with smartphones and other electronics provides seamless interaction, which is especially appealing to tech-savvy people.

By Technology: Bluetooth technology to account for the highest CAGR during the forecast period.

Bluetooth technology is becoming increasingly popular in wireless audio devices for a variety of reasons. Bluetooth connections eliminate the need for unwieldy cords, allowing headphones, speakers, and earbuds to move about more easily. Furthermore, newer Bluetooth versions provide longer range and more robust connections, decreasing dropouts and interference even in high-density wireless situations. Bluetooth technology includes unique features such as multipoint connectivity, which allows users to connect to many devices at the same time and provides seamless transitions between audio sources.

By Application: The consumer application is projected to register the highest CAGR during the forecast period.

The consumer market is experiencing an increase in demand for Bluetooth wireless headphones and earbuds intended for personal usage. Individuals can engage in a variety of activities, such as workouts, commutes, and everyday routines, without being limited by physical connections. The consumer application segment is gaining market share due to rising demand for home entertainment systems, shifting consumer preferences, the growing popularity of wireless headphones and earbuds, widespread adoption of smartphones and portable devices, and the expansion of smart homes and multi-room audio systems.

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By Region: Asia Pacific to hold larger wireless audio device industry share in 2023.

The Asia Pacific region has large numbers of people and a fast-growing middle class, which fuels significant demand for sophisticated audio solutions such as wireless headphones, earbuds, and speakers. The growing use of wireless audio devices in business settings such as call centers, events, and exhibitions is driving market expansion in Asia Pacific. The increasing ubiquity of smartphones and other smart gadgets that operate as audio sources, adding to the growing need for wireless audio devices in Asia Pacific.

The major players in the wireless audio device companies include Apple Inc (US), SAMSUNG (South Korea), Bose Corporation (US), Sonos, Inc. (US), Sony Corporation (Japan).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Smart Speaker Market by IVA (Alexa, Google Assistant, Siri, DuerOS, Ali Genie), Component (Hardware (Speaker Driver, Connectivity IC, Processor, Audio IC, Memory, Power IC, Microphone) and Software), Application, and Region – Global Forecast to 2025

Audio Amplifier Market by Channel Type (Mono, Two, Four, Six), Device (Smartphones, Television Sets, Desktops & Laptops, Home Audio Systems, Professional Audio Systems, Automotive Infotainment Systems), End-user Industry, Region – Global Forecast to 2024

Wireless Power Transmission Market by Technology (Induction, Magnetic Resonance), Implementation, Transmitter, and Receiver Application (Smartphones, Electric Vehicles, Wearable Electronics, and Furniture) and Geography – Global Forecast to 2022

Hi-Fi System Market by System (Product, Device), Connectivity Technology (Wired, Wireless (Bluetooth, Wi-Fi, Airplay, Others)), Application (Residential, Automotive, Commercial, Others), and Geography – Global Forecast to 2025

Smart Home Market by Product (Lighting Controls, Smart Speaker, Entertainment, Smart Kitchen, HVAC Controls, Security & Access Controls), Offering (Behavioural, Proactive), Sales Channel, Installation Type and Region – Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH‘s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.

With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH‘s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH‘s short-term options are exhibiting more noticeable fluctuations.

Key Findings:

BTC Options Expirations:

In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.

ETH Options: Calls Dominate

Despite a mid-week inversion, ETH‘s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side. 

Access the Full Report:

Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)

#Bybit / #BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For media inquiries, please contact: media@bybit.com

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SOURCE Bybit

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Simple Exit Notifier Plugin Launches to Improve Compliance and User Transparency

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The newly launched Simple Exit Notifier plugin helps WordPress site owners meet compliance requirements and improve user transparency with customizable external link notifications.

LOS ANGELES, Dec. 26, 2024 /PRNewswire-PRWeb/ — WordPress site owners have struggled to find reliable tools for external link notifications in industries where compliance and user transparency are critical. Recognizing this need, Artin Hovhanesian, veteran web developer and founder of CHRS Interactive, and his team launched Simple Exit Notifier—a free plugin now available on WordPress.org. This lightweight and customizable solution helps site owners meet compliance recommendations by notifying users when they are about to leave a website.

Simple Exit Notifier was built with site owners in mind—a straightforward yet powerful tool to ensure compliance, build trust, and elevate the user experience.

With many existing plugins either outdated or discontinued due to security issues, Simple Exit Notifier fills a critical gap. Whether used to adhere to industry guidelines or build trust with users, this tool simplifies managing external links and enhances the user experience.

**Designed for Compliance and Trust**

Simple Exit Notifier is an intuitive and effective solution that addresses the challenges of notifying users about external links. By ensuring transparency, it empowers businesses to maintain trust and meet compliance requirements.

**Key Features**

Customizable Notifications: Personalize the popup heading, message, and button texts to align with your branding or compliance needs.CSS Class Exceptions: Easily exclude specific links by applying a designated CSS class.Support for HTTP and HTTPS Links: Works seamlessly with all external links, regardless of protocol.Tab Compatibility: Ensures smooth functionality for links that open in either the same or a new tab.

The plugin is tailored to meet the needs of diverse WordPress users, from small business owners to developers managing complex, compliance-heavy websites.

**Future Enhancements in Development**

The CHRS Interactive team is actively working on new features to make Simple Exit Notifier even more powerful, including:

Styling customization options for a more branded look.Conditional content to display notifications based on user geo-location or other parameters.Visual Indicators to enhance user awareness with clear cues for external links.

**The Inspiration Behind Simple Exit Notifier**

The idea for Simple Exit Notifier stemmed from a common problem: industries often recommend notifying users when they leave a website, yet no reliable solutions exist. Many plugins were outdated or removed due to security concerns, leaving WordPress users without options. Simple Exit Notifier was created to address this gap with a secure, easy-to-use, and actively maintained solution.

**Download Simple Exit Notifier Today**

Simple Exit Notifier is available for free on WordPress.org. To learn more, visit the plugin’s page or contact CHRS Interactive for additional details.

Media Contact

Artin Hovhanesian, CHRS Interactive LLC, 1 818-568-4798, hello@chrsinteractive.com, https://www.chrsinteractive.com/

Artin Hovhanesian, CHRS Interactive LLC, 1 818-568-4798, hello@chrsinteractive.com, CHRS Interactive LLC

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SOURCE CHRS Interactive LLC

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Snail Games Celebrates Major Expansions for ARK Franchise with Launch of ARK: Ultimate Mobile Edition, ARK: Extinction Ascended, and Bob’s Tall Tales: Wasteland War

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 1 million mobile player downloads in 24 hours and a 62% DAU Surge for ARK: Survival Ascended on Steam During Extinction’s Launch Weekend

CULVER CITY, Calif., Dec. 26, 2024 /PRNewswire/ — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, is pleased to announce that its subsidiary, Snail Games USA, in collaboration with Studio Wildcard, and Grove Street Games, marks a significant moment in the expansion of the ARK franchise with the launch of ARK: Ultimate Mobile Edition worldwide on App Store® and Google Play Store™ and two major updates for ARK: Extinction Ascended and Bob’s Tall Tales: Wasteland War. These releases underscore Snail Games’ commitment to growing the ARK ecosystem and offering new opportunities to engage an ever-expanding global audience.

ARK: Ultimate Mobile Edition

Available now on the App Store® and Google Play Store™, ARK: Ultimate Mobile Edition delivers a complete dinosaur survival experience tailored for mobile devices. This new free adaptation includes the massive content from PC and console versions of ARK: Survival Evolved and its acclaimed Expansion Packs—Scorched Earth, Aberration, Extinction, Genesis Parts 1 & 2, and fan-favorite maps like Ragnarok. With its debut, players can explore massive worlds, tame and train over 150 dinosaurs, and build and craft in an expansive multiplayer environment. The title also introduces the ARK Pass, a subscription-based service offering exclusive perks, including monthly bonuses, expanded access to in-game content, and the ability to unlock all current and future expansions. Within just 24 hours of launch ARK: Ultimate Mobile Edition had 1 million downloads and was listed on the Apple store’s “New Games We Love”. ARK: Ultimate Mobile Edition aims to expand the reach of the ARK franchise making the game more accessible to gamers around the globe.
Watch the gameplay trailer here!

ARK: Extinction Ascended

For PC and console players, ARK: Survival Ascended expands with the launch of Extinction Ascended, the final chapter in the ARK storyline. Returning players to Earth, this update challenges survivors to defeat massive roaming Titans and uncover the mysteries of the ARKs’ origin. The addition of the Dreadnoughtus, ARK’s newest community-voted creature, introduces new strategic gameplay opportunities with its immense size, strength, and disruptive abilities. Extinction Ascended enriches the ARK: Survival Ascended experience with new tameable creatures, unique structures, and gameplay mechanics, enhancing the game’s long-term appeal across platforms.

The highly anticipated conclusion to the Bob’s Tall Tales trilogy also launched, bringing narrative-driven adventures and innovative gameplay mechanics. With the introduction of modular BattleRigs and over 10,000 customization options, Wasteland War redefines the survival gameplay experience. Additionally, the loyal Armadoggo companion and new wasteland-themed weapons and structures add depth and replayability. ASA celebrated the launch weekend of ARK: Extinction Ascended and Bob’s Tall Tales: Wasteland War with its biggest sale yet—40% off during Steam’s Winter Sale—driving a 62% surge in Daily Active Users on Steam! The sale continues until January 2, 2025!

Watch the trailer here!

By expanding the reach of ARK: Survival Evolved through mobile adaptations and advancing ARK: Survival Ascended with substantial updates, the franchise remains a keystone title in Snail Games’ growth strategy.

In addition to these major launches, Snail Games is participating in the Steam Winter Sale. This seasonal event is the perfect chance for longtime ARK fans to complete their collections at unbeatable prices and for new players to explore the ARK franchise and discover other Snail titles with incredible discounts during the Steam winter sale, including PixARK at 75% off, Bellwright at 10% off, and Survivor Mercs and West Hunt at 50% off, until January 2, 2025.

For creators interested in covering the game please reach out to creatordirect@noiz.gg

ABOUT SNAIL GAMES

Snail is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. https://www.snailgamesusa.com/ 

ABOUT STUDIO WILDCARD

Since revealing its flagship game ARK: Survival Evolved in 2015, Studio Wildcard has tirelessly strived to bring its dinosaur-filled vision to the masses. With millions of players worldwide, the team has delivered an amazing amount of new content and leveraged cutting-edge technology to keep fans engaged. With a transmedia universe, the ARK story can be discovered on all gaming platforms, within spin-off titles, and now as a new epic narrative featuring a star-studded cast in ARK: The Animated Series on Paramount+. www.studiowildcard.com 

ABOUT GROVE STREET GAMES

Located in Gainesville, FL, Grove Street Games has been an influential game developer since 2007. They have delighted fans of the world’s greatest games with bold interpretations on new platforms, and have delivered fresh and original games to millions of happy players. They have grown to be a leader in the industry because of their commitment to building incredible and accessible gaming experiences. Their games can be found worldwide across all major gaming devices, including consoles, PC, and mobile. www.grovestreetgames.com

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail Games USA, in collaboration with Studio Wildcard, and Grove Street Games, marks a significant moment in the expansion of the ARK franchise, which releases underscore Snail Games’ commitment to growing the ARK ecosystem and offering new opportunities to engage an ever-expanding global audience. The Company is aiming to expand the reach of the ARK franchise making the game more accessible to gamers around the globe. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed by the Company with the SEC on April 1, 2024 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

Contacts:
Investors:
investors@snail.com
Press:
media@snail.com 

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SOURCE Snail, Inc.

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