According to the Daily Star, Xavi, 33, and Iniesta, 29, are currently mainstays in the Barcelona midfield, however the club are looking at younger options as the duo enter the twilight years of their career.
Wilshere is regarded as one of their top targets and impressed Barcelona scouts during trips over to England to tie up deals for former Gunners' Alex Song and Cesc Fabregas, the report said.
The England international has enjoyed a superb start to the new season helping Arsenal to the Premier League summit after eight games, the report added.
However, Wilshere only signed a new five-year deal at the Gunners in December 2012 and manager Arsene Wenger is unlikely to welcome any move from Barcelona, the report further said.
Barca are thought to be considering potential January moves for their targets, but will almost certainly face an uphill battle to convince Wenger to part with Wilshere, according to the report.
Photos: SRK does garba, Nawazuddin takes 'shower' in bathtub
Spotted: Lara Dutta, Mahesh Bhupathi with their daughter in Bandra
Photos: SRK, Tamannaah Bhatia, Varun Dhawan at Mehboob Studio
Birthday special: Sushant Singh Rajput's journey from TV to films
Photos: Vibrant Sonakshi Sinha opens LFW 2017 on a cruise ship