DUBLIN, Feb. 23, 2023 /PRNewswire/ — The report “Wireless Headphones: Global Strategic Business Report” has been added to the ResearchAndMarkets.com offering.
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The global wireless headphones market, valued at US$7.7 billion in 2022, is projected to reach a revised size of US$12.3 billion by 2030, growing at a CAGR of 6 % grow.
In-Ear Wireless, one of the segments analyzed in the report, is expected to register a CAGR of 5.9% and reach US$6.7 billion by the end of the analysis period.
Taking into account the ongoing post-pandemic recovery, on-ear wireless segment growth is adjusted to a revised CAGR of 5.4% for the next 8 years.
The US market is valued at US$2.5 billion while China is forecast to grow at 8.6% CAGR
The US wireless headphone market is estimated to be worth US$2.5 billion in 2022. China, the second largest economy in the world, is forecast to reach a projected market size of US$2.2 billion by 2030, a CAGR of 8.6% over the 2022-2030 analysis period.
Other notable geographic markets include Japan and Canada, which are forecast to grow 3.3% and 5.8%, respectively, over the period 2022-2030. Within Europe, growth of approx. 3.9% CAGR is forecast for Germany. Led by countries like Australia, India and South Korea, the Asia-Pacific market is expected to reach $1.8 billion by 2030.
Select competitors (total 113 presented) –
apple inc
Bose Corporation
Samsung Electronics Co.,Ltd.
Sennheiser Electronic GmbH & Co. KG
Skullcandy, Inc.
Sony Corporation
What’s new for 2023?
special coverage of the war between Russia and Ukraine; global inflation; Easing of China’s zero-Covid policy and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and percentage market shares of key competitors
Market Presence in Multiple Regions – Strong/Active/Niche/Trivial
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Access to digital archives and research platform
Free updates for one year
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Main topics covered:
I. METHODOLOGY
II. SUMMARY
1. MARKET OVERVIEW
Insights into the influencer market
world market developments
An introduction to wireless headphones
Over-Ear vs. On-Ear vs. In-Ear Headphones: A Comparison
Wireless Headphones: Market Analysis and Outlook
Product Segment Analysis
Wireless in-ear headphones: Largest category
The wireless over-ear headphones segment is showing the fastest growth
Wireless on-ear headphones remain in the competition
Geographic Analysis
Developed regions remain important sources of revenue
Percentage breakdown of wireless headphones sales (value) for industrialized and developing regions for 2019 and 2025
Market revenues in China and other emerging regions continue to rise
Global Wireless Headphones Market – Geographical Regions by Value CAGR for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, United States, Europe and Japan
Competition: Characterized by the presence of international and regional providers
Wireless Headphones – Global Percentage Market Share of Major Competitors in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for 113 players worldwide in 2022 (E)
Effects of Covid-19 and a looming global recession
2. FOCUS ON SELECTED PLAYERS
3. MARKET TRENDS & DRIVERS
The widespread use of electronic devices for infotainment purposes is building strong momentum for the wireless headphone market
Global Mobile Devices Market by Type (2010-2020): Percentage Breakdown of Shipments for Phablets, Non-Phablet Smartphones and Tablets
smart phone
Smartphone penetration (as a percentage of all mobile users) by region for 2018 and 2025
Dual SIM smartphones are gaining traction, aided by improved portability and flexibility
tablets
Number of tablet users worldwide (in millions) for the years 2014, 2016, 2018 and 2020
computers
Expanding internet user base and consumer appetite for digital media is building robust momentum
Global internet user penetration rate (in %) for the years 2014, 2016, 2018, 2020, 2022 and 2024
Global Mobile Traffic by Application (2009, 2017 & 2022P): Percentage breakdown of monthly traffic volume for video, audio and others
Important internet consumer habits favor sales of wireless headphones
Social media and social networks
Active users (in millions) for leading social networking sites (H1 2019)
distribution of online video games
Rise of VoIP
The emergence of an audiophile era in the mass market is building tremendous momentum
Bluetooth: The de facto wireless standard for headphones
Range of Bluetooth devices by class
Technological advances are driving demand
USB-C powered wireless headphones
Headphones with voice assistants
Extended battery life
Smarter Designs
Active Noise Cancellation (ANC): The new high-tech feature
A snapshot of selected recently launched wireless headphone models
Hearables, the smart headphones, rise to power the next wave of growth
Online channel is developing into a new growth driver
Favorable demographic and socio-economic trends strengthen the market outlook
Rapid growth in urban households
World Urban Population in Millions: 1950-2050
Degree of urbanization worldwide: Urban population as a percentage of the total population by geographic region for the years 2000, 2020 and 2050
Growing affluence of the middle-class consumer segment
Global middle class population (in millions) by region for 2020, 2025 and 2030
Global middle class spending (US$ trillion) by region for 2020, 2025, 2030
Rising standard of living
Solving existing problems: Crucial for the future success of the market
Spread of disorganized players
Counterfeit Products
declining margins
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report, visit https://www.researchandmarkets.com/r/mso5u2
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