Sep 16, 2020 1:45 PM ET
iCrowd Newswire – Sep 16, 2020
As per to analysts at Zion Market Research, the global wireless headphones market is projected to generate proceeds of about US$42.10 billion by the end of 2026, developing at a CAGR of around 21% during 2020–2026. The innovation of novel technologies, surging penetration of mobile phones, augmenting adoption of wireless headphones and earphones, changing consumer preference and amplified research & development expenditure by producers are estimated to accelerate the demand for wireless headphones around the world. The wireless headphones are normally used to play audio by using Wi-Fi or Bluetooth technology.
Some of the key players in the market are Apple, Samsung, Bose, Skullcandy, Sennheiser electronic, and Sony.
Integration Of Advanced Technologies To Boost The Global Wireless Headphones Market
The global wireless headphones market is at present witnessing the integration of advanced technologies like active head tracking, gesture recognition & control, 3D surround sound delivery, biometric monitoring, and onboard storage in over-ear. The incorporation of these products along with a home entertainment system is expected to boost the global market. The global wireless headphones market is impelled by the surging awareness about a broad range of music genres and cultures. The rapid development in technologies will stimulate the expansion of the global market in the future. The wireless earphone is the latest technological revolution in consumer electronics. The demand & consumption of smart devices like laptops, smartphones, and others, are impelling the market expansion of wireless earphones. It is advancing by surging demand for wireless technology across the market. The companies are gaining proceeds in this market owing to its user-friendly feature and low cost.
The global wireless headphones market is bifurcated on the basis of feature, type, end-use, price range, and regional analysis. Based on the feature, the market is divided into smart and non-smart. Based on the type, the market is divided into in-ear, on-ear, and over-ear. Based on end user, the market is divided into fitness & sports, entertainment, and gaming. Based on the price range, the market is divided into low, moderate, and premium.
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Europe Region Projected To Witness Largest Market Share In The Global Wireless Headphones Market
Based on geographical analysis, the global wireless headphones market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Europe occupied the maximum market share during 2018 and is developing at a CAGR of over 16.8% during the forecasted period. The increasing engagement in fitness & sports activities and the adoption of paid digital audio subscriptions is boosting the development of the European market. The U.S. is a key market for the wireless headphones across the North America region. The market in this region is chiefly driven by the millennials, and they can be stated as a digital generation.
Browse the full “Wireless Headphones Market – By Feature (Smart and Non-Smart), Type (In-Ear, On-Ear, and Over-Ear), By End Use (Fitness & Sports, Entertainment, and Gaming), Price Range (Low, Moderate, and Premium), And By Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/wireless-headphones-market
The global wireless headphones market is segmented as follows:
By price range:
By end use:
- Fitness & Sports
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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Keywords: Wireless Headphones Market