Wireless headphones are the recent development in the world of electronic devices. It is usually connected to smartphone, television, computers, and speakers without a wire. Wireless headphones are widely adopted by users globally owing to its advantages such as mobility, and easy installation. Wireless headphones can be connected to electronic devices using a wifi connection or Bluetooth facility. Wireless headphones are preferred over wired headphones as they don’t have the tendency to fall out from user’s ear. Moreover, wireless headphones enables user’sto move around freely as they don’t have cables, and hence they are preferred more over wired headphones.
The market research study on “Wireless Headphones Market (By Type: Earbud Earphone, Canal Earphone; By Connectivity: Wi-Fi, Bluetooth; By Application: Music and Entertainment, Sports and Fitness, Gaming and Virtual Reality; By Market Type: Mobile Inbox Market, Mobile Aftermarket; By Distribution Channel: Online Stores, Offline Stores [Hypermarkets/Supermarkets, Multi-brand Electronics Stores, Exclusive Showrooms) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global wireless headphones market. The report also analyzes the key players operating in wireless headphones market and identifies the key strategies deployed by them along with the market share of leading players. The global wireless headphones market is segmented as below:
Wireless Headphones Market by Type
Wireless Headphones Market by Connectivity
Wireless Headphones Market by Application
Wireless Headphones Market by Market Type
Wireless Headphones Market by Distribution Channel
Wireless Headphones Market by Geography
The global wireless headphones market is expected to grow at a CAGR of approximately 8.1% in terms of value by 2026. Increase in the smartphone users across the worldwide is the major driving factor for global wireless headphones market. Moreover, the continuous technological development in wireless earphones supports the growth of wireless headphones market globally. In addition, the augmented demand for wireless headphones owing to its advanced features such as ease in installation and mobility also boosts the market worldwide. However, the increased cost of wireless headphones over wired headphones is likely to restrict the growth of wireless headphones during the forecast period. Nevertheless, the increasing adoption of wireless headphones in emerging economies offers huge growth opportunities for wireless headphones manufacturers during the forecast period.
Wireless headphones market has been segmented based on type, connectivity, application, market type, and distribution channel.Based on type the market has been bifurcated into earbud earphone and canal earphone. Wi-Fi and Bluetooth are the segmentation for global wireless headphone market based on connectivity. On the basis of application, the market has been divided as music & entertainment, sports & fitness, gaming & virtual reality. Based on market type, the global wireless headphones market has been split into mobile inbox market and mobile aftermath. Based on distribution channel, the market has been segmented into online stores and offline stores. Offline stores has been further segmented as hypermarket/supermarkets, multi-brand electronic stores, and exclusive showrooms.
North America was the largest revenue generator for global wireless headphones market in 2013 owing to the widespread usage of wireless headphones in the region. Asia-Pacific is projected to be the most attractive market for the manufacturers of wireless headphones throughout the forecast period due to the mounting demand for wireless headphone in the region. According to industry experts, Asia held 70.1% of the population using smartphones in 2017.
Some of the leading companies operating in the global wireless headphones market include Apple Inc., Jabra, Skull Candy Inc., Xiaomi, Panasonic, Samsung Group, Harman International Industries, Sony Electronics, OnePlus, Bose Corporation, Nokia, Motorola Inc, and Sennheiser electronic GmbH & Co.