PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1341939
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1341939
Growth Opportunities in the Global Professional Headsets Market, Forecast to 2029
Professional Headsets Market Declined but Long-term Growth Drivers Remain Intact
The global professional headsets market was estimated to be $2.11 billion in 2022, decreasing by 6.7 percent over 2021. The market was impacted by subdued macroeconomic conditions and in general reduced spending by enterprises.
The chip and component shortage that prevailed in 2021, was settled by H1 2022, as most headsets supply was back to pre-pandemic levels. This led to businesses' headset buying becoming more purposeful, rather than grabbing any headsets that was noticed during 2020 and a few months in 2021.
The PC USB and UCC segment that was mainly driven by demand from offices, declined a bit, albeit with good growth from DECT PC USB and UCC segment. Further, segments like Corded RJ and DECT RJ remained under pressure throughout 2022, leading to a decline in these segments.
The professional headsets market outlook however is still positive as the long-term growth drivers like, hybrid work and growth in software/cloud communications platforms are still intact. Frost & Sullivan estimates the total professional headset market to grow at a CAGR of 5.9 percent in terms of sales from 2022 to 2029. Growth is expected to come from PC USB and UCC headsets, cordless headsets, and headsets in office segments.
The growth of software-based business communications and collaboration services will continue to drive demand for PC USB and UCC headsets across the forecast period.
As part of this analysis, Frost & Sullivan has identified market drivers, restraints, competitive trends, and growth opportunities in the global professional headset market.
Through extensive primary and secondary research, this analysis provides headsets vendors and manufacturers with an in-depth perspective on the dynamics of a changing market. Frost & Sullivan expects that this analysis will provide vendors with valuable insights to accelerate their growth and expand their penetration opportunities within the headset marketplace.
Table of Contents
Strategic Imperatives
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Professional Headset Industry
- Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
- Scope of Analysis
- Professional Headset Market Definitions
- Segmentation
- Key Competitors
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Assumptions
- Revenue and Unit Shipment Forecast
- Revenue and Unit Shipment Forecast by Configuration Type
- Revenue and Unit Shipment Forecast by Headset Type
- Revenue and Unit Shipment Forecast by End-user Type
- Percent Revenue by Product Category
- Percent Revenue by Wearing Style, Cordless Bluetooth PC USB and UCC Headsets
- Percent Revenue by Connectivity, Cordless DECT Headsets
- Percent Revenue by Active-Noise-Cancelling (ANC) Headsets
- Percent Revenue by Region
- Revenue and Unit Forecast Analysis
- Revenue Forecast Analysis by Region
- Pricing Trends and Forecast Analysis
- Competitive Environment
- Revenue Share
- Revenue Share Analysis
Growth Opportunity Universe
- Growth Opportunity 1: Hybrid/Remote Work
- Growth Opportunity 2: Active Noise Cancellation Headsets
- Growth Opportunity 3: Cloud Calling, Meeting and Team Collaboration Services
- Growth Opportunity 4: DECT PC USB And UCC Headsets
- Growth Opportunity 5: True Wireless (TWS)
Next Steps
- Your Next Steps
- Why Frost, Why Now?
- List of Exhibits
- Legal Disclaimer
