Wireless Headphone Market Heads for Global Growth and Expansion by 2031 – FLA News
According to a new market report released by Transparency Market Research titled “ Wireless Headphones Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026, ” the Global wireless headphones market was valued at 5.10 billion USD in 2017. It is expected to reach 10.14 billion USD in terms of revenue by 2026, with a CAGR of 8.2% from 2018 to 2026. The market in Asia region -Pacific is expected to develop rapidly growth rate during the forecast period, owing to an increase in the number of high-end brands and strong product innovation among manufacturers. The adoption of wireless headphones has increased In every region. The wireless headphones are wireless and hands-free and provide ultimate mobility. In addition, many wireless headphones have bass boosting technology and noise isolation function. All of these factors are expected to increase the demand for wireless headphones during the period. Apart from this, the penetration of smart devices such as smartphones, tablets, laptops, streaming media players and various other devices is likely to drive the demand and adoption of wireless headphones during the market. forecast period. However, the arrival of new players and the competitive prices offered by them create price pressure for established players. This is likely to reduce the profits of established players, resulting in lower investment during the forecast period.
In terms of type, the canal earphone segment is likely to offer significant expansion opportunities, as the canal earphone offers fit and convenience in the east.
In terms of connectivity, the Bluetooth connectivity technology segment is expected to maintain its market share, due to the increasing adoption of portable devices such as smartphones, mobiles, laptops and tablets.
In terms of application, the sports and fitness segment is expected to grow at a rapid CAGR during the forecast period. Compared to the gaming and virtual reality segment, the music and entertainment segment is expected to gain a higher market revenue share in the coming years.
In terms of distribution channel, the online distribution channel segment is expected to grow at a strong pace during the forecast period, owing to the rapid penetration of internet services across the world. Moreover, technological advancements and increasing number of smartphone users are expected to boost the online store segment during the forecast period.
In terms of market type, the mobile aftermarket segment holds a key share of the wireless headset market and is expected to maintain its share during the forecast period. At present, the smartphone maker offers wired headphones with the mobile inbox. As a result, consumers are inclined to turn to the mobile aftermarket.
For more information | Download the PDF brochure, click here: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=36899
In terms of region, Europe was a dominant share of the wireless headphone market in 2017. North America was also a significant share of the wireless headphone market. The United States is a major country in the wireless headphone market in North America. The Asia-Pacific market is expected to grow at a rapid CAGR during the forecast period. The market in India and China is likely to grow rapidly compared to that of other countries. The market in the Middle East, Africa and South America is expected to grow at a slow pace.
The wireless headphones market is made up of a large number of public and private players. Market players are focused on developing new products to meet changing consumer preferences. Product innovation, technological advancement, and acquisitions are the primary competitive strategies adopted by the prominent players in the Wireless Headphones market. The major market players presented in the research report are Skullcandy, Harman International Industries, Sennheiser electronic GmbH & Co. KG, Plantronics, Inc., Bose Corporation, Sony Corporation, Jabra, Koninklijke Philips NV, Apple Inc., Samsung, Motorola Mobility, Huawei Technologies Co., Ltd, Bang & Olufsen, Edifier International Limited, Panasonic, Shure Incorporated, Xiaomi, Nokia, LG Electronics, Inc., OnePlus and Motorola Mobility (Lenovo Inc.). The report also offers a competitive landscape of major players in the Wireless Headphones market.
The global wireless headphones market is segmented as follows: –
Global Wireless Headphones Market, By Type
- Earphone earpiece
- Earphone Channel
Global Wireless Headphones Market, By Connectivity
Global Wireless Headphones Market, By Application
- Music and entertainment
- Sports and fitness
- Games and virtual reality
Global Wireless Headphones Market, By Distribution Channel
- Online stores
- Offline stores
- Hypermarkets / supermarkets
- Multi-brand electronic stores
- Exclusive exhibition rooms
Global Wireless Headphones Market, By Market Type
- Mobile Inbox Market
- Mobile secondary market
Global Wireless Headphones Market, By Geography
- North America
- United States
- Rest of North America
- Great Britain
- The rest of europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa (MEA)
- GCC countries
- South Africa
- Rest of the Middle East and Africa
- South America
- Rest of South America
Customize Report: This report can be customized according to your needs for additional data or country. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=36899
90 State Street, Suite 700
Albany, NY 12207
Phone: + 1-518-618-1030
United States – Canada Toll Free: 866-552-3453
Email: [email protected]