Expanding internet user base and consumer appetite for digital media is building robust momentum

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.

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Global competitiveness and percentage market shares of key competitors

Market Presence in Multiple Regions – Strong/Active/Niche/Trivial

Interactive online peer-to-peer collaborative customized updates

Access to digital archives and research platform

Free updates for one year

The story goes on

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

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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

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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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