PUBLISHER: Acute Market Reports | PRODUCT CODE: 1192951
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1192951
"Ease of Use and Improved Functionality Aiding the Wireless Headphones Market Growth Positively"
The wireless headphones market stood at US$ 20.0 Bn in 2021 and expected to grow at a CAGR of 12% during the forecast period from 2022 to 2030. The demand for wireless headphones have been on the rise in recent years. Ease of use and improved functionalities are considered as important factors contributing to this demand growth. The perpetually growing smartphone market is another prominent factor driving the market for wireless headphones. Growing demand for gaming and virtual reality applications are the other factors supporting the market growth.
Online Segment to Witness the Fastest Growth in the Coming Years
In terms of distribution channel, the online distribution channel expected to witness the fastest growth during the forecast period. The acceptance and penetration e-commerce in recent years has grown substantially, a factor complimenting the growth of the online segment. Moreover, attractive offers, faster delivery and wide availability of products are some of the other important factors supporting the segment.
"Asia Pacific to Remain the Most Lucrative Market for Investment for Wireless Headphone Manufacturers"
Rising net disposable income coupled with changing lifestyle pattern would help the Asia Pacific market to register the fastest growth during the forecast period. The region in recent years has witnesses a very high proliferation of smartphones, a factor further contributing to the market growth. India and China expected to be important markets for wireless headphones in coming years.
Key players profiled in the report include Apple, Inc., Sony Corporation, Samsung Electronics, JBL, Bose Corporation, Philips, Beats Electronics, Skullcandy, Sennheiser, Jabra and Shure among other.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Wireless Headphones market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Wireless Headphones market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
In-Ear
On-Ear
Over-Ear
Functionality
With Microphone
Without Microphone
Distribution Channel
Online
Offline
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Wireless Headphones market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Wireless Headphones market?
Which is the largest regional market for Wireless Headphones market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Wireless Headphones market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Wireless Headphones market worldwide?