Delhi NCR, March 17, 2022 (GLOBE NEWSWIRE)- The growth of the wireless headphone market Strong vertical growth trajectory for audio / video electronics as consumer demand grows …
Recent research by strategic consulting and market research firms. BlueWeave Consulting global Wireless headphone market It is worth US $ 18,272.9 million in 2021 and is projected to reach US $ 69,964.8 million by 2028, growing at a CAGR of 21.5% over the 2022-2028 analysis period. This is due to the growing consumer demand for infotainment. In addition, other factors such as growing urban population, growing middle-class consumer prosperity, and the advent of the audio fan era favor more uptake of cutting-edge innovative audio solutions such as wireless headphones. doing. The global wireless headphone market is focused on increasing preference for wireless devices, coupled with increasing use of smart devices. In addition, wireless headphones are becoming more popular because they provide movement independence and are easy to carry during gym training, sports, travel and other physical activities. Therefore, due to the factors mentioned above, the global wireless headphone market is expected to experience significant growth during the forecast period 2022-2028.
Integration of several technologies such as echo reduction, noise cancellation, etc. to drive the growth of the global wireless headphone market
Customers are increasingly emphasizing the purchase of advanced products to improve their listening experience. The integration of Bluetooth, IR, and NFC technologies provides a seamless connectivity experience with smartphones, computers, and tablets. In addition, the introduction of echo reduction and noise cancellation has improved user comfort and convenience. Including such technology increases device connectivity and flexibility and supports product acceptance for personal use. For example, Munich-based high-tech company Bragi has 4 GB of storage for mp3 collection, physical and biofeedback sensors to track heart rate and oxygen saturation, step and pace measurements, and voice during workouts. We provide headphones with features such as feedback. All of these added benefits play a positive role in expanding the global demand for wireless headphones.
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Increasing use of OTT and social media to accelerate industry progress
Increasing use of Over The Top (OTT) platforms such as Amazon Prime, Netflix, Hulu, and Disney Hotstar for content consumption may support market advancement. Increasing use of social media is another factor that supports market growth. In addition, the travel restrictions imposed have shifted consumer interest to online streaming platforms for watching movies, web series and talk shows. In addition, consumer interest in online streaming platforms for watching movies, web series and talk shows is shifting due to the travel restrictions imposed. OTT apps can broadcast content without using a cable box. Content owners, distributors, and sponsors create compelling power that combines scalability with traditional pay TV. Traditional Payreach TV and power are combined in an OTT app. The adaptability of the Internet creates an unstoppable force that has created opportunities for content creators, distributors, and marketers around the world. The growing OTT industry is expected to directly contribute to the market growth of the wireless headphone market during the forecast period.
Impact of COVID-19 on the global wireless headphone market
The outbreak of the COVID-19 pandemic has disrupted the global commercial environment. Many industries have been completely closed for several months due to blockades and subsequent illnesses in major and most countries around the world. It is important to weigh the impact of the blockade on different industries. Due to social isolation, COVID-19 disrupted the supply chain and reduced the workforce. Market demand is also declining as per capita spending is declining in various countries. In this situation, the pandemic had a negative impact on the wireless headphone market. However, after the blockade was over, the market soon began to return to normal. As a result, there are still reasons to be optimistic for the future.
Wireless Headphones Market Press Release Link: https: //www.blueweaveconsulting.com/press-release/global-wireless-headphones-market-to-reach-nearly-usd-70-billion-by-2028
North America has the largest market share in the global wireless headphone market
From a regional analysis perspective, the wireless headphone market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East and Africa. Within the classification, North American countries such as the United States, Canada and Mexico held the world’s largest market share for wireless headphones. The most important growth factors in the market are constant innovation, new technologies, and high-income citizens. According to recent trends in the wireless headphone market, the Asia Pacific region is also experiencing great growth. According to market statistics, densely populated countries such as China and India are emerging as new potential markets for businesses. The growing demand for wireless headphones in the region is expected to make the Asia Pacific region the most attractive market for wireless headphone manufacturers during the forecast period.
Competitive landscape
The major companies operating in the global wireless headphone market are Sony, Jaybird, Shure, Philips, Bose, Beats Electronics, Apple Inc, JVC, Skullcandy, Skullcandy, Jabra, Bang, Olufsen, Jaybird, Motorola, Huawei, Avanca, ASUS, Samsung. And other prominent players. Key market pioneers maintain their market advantage by investing in research and activities, integrating the latest advanced technologies into their products, and launching improved products for their customers. Various strategies are adopted, including strategic alliances, agreements, mergers, and collaborations.
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A detailed analysis of the report provides information on growth potential, future trends, and statistics on the global wireless headphone market. It also emphasizes the factors driving the forecast of total market size. The report is committed to providing recent technological trends in the global wireless headphone market, along with industry insights to help decision makers make sound strategic decisions. In addition, the report also analyzes the dynamics of market growth drivers, challenges, and competitiveness.
Recent development:
- March 2022: Philips TAT4506BKANC true wireless headphones launched in India. The price is set at 7099 rupees. Philips has released a new headphone set in India. The Philips TAT4506BK earphones feature active noise canceling, recognition mode, battery life up to 24 hours, 10 mm driver, sweatproof design and more. The headphones are stem style and suitable for both students and workers. According to the manufacturer, earphones provide an immersive sound experience.
- February 2022: Sony WH-XB910N Wireless Headphones with Noise Cancellation Launched in India: Sony WH-XB910N Over-the-Year Headphones are now available in India. The WH-XB910N headphones are an economical alternative to Sony’s premium WH-1000XM4 headphones, with active noise canceling and additional “party-like” bass.
Scope of report:
| attribute | detail |
| Year to be considered | Historical data – 2018-2021 |
| Base year – 2021 | |
| Forecast – 2022 – 2028 | |
| Facts covered | Revenue of US $ 1 Million |
| Market coverage | United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa |
| Product / service segmentation | By product type, distribution channel, application, region |
| Key player | The major companies operating in the global wireless headphone market are Sony, Jaybird, Shure, Philips, Bose, Beats Electronics, Apple Inc, JVC, Skullcandy, Skullcandy, Jabra, Bang, Olufsen, Jaybird, Motorola, Huawei, Avanca, ASUS, Samsung. And other prominent players. |
By product type
- In-ear headphones
- Over-ear headphones
- others
By distribution channel
By application
- Music and entertainment
- game
- virtual reality
- Fitness
- others
By region
- North America
- Europe
- Asia Pacific
- latin america
- Middle East and Africa
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