Global Technology Report

Earphones & Headphones Market To Reach $15.4 Billion By 2024 – Ameri Research Inc.

Earphones & Headphones Market Outlook To 2024: Key Product Categories (In-Ear, Over-Ear), Price (Less Than 50 USD, Between 50 To 100 USD, Above 100 USD), Technology (Wired, Wireless), Application, Regional Segmentation, Competitive Dynamics, M&A Insights, Pricing Analysis (OPP, IPP, RAP) And Segment Forecast

May 19, 2017, Tampa, Florida – Global earphones and headphones market is expected to reach USD 15.4 billion by 2024, according to a new research study published by Ameri Research.Integration of several features including Wi-Fi, infrared, and Bluetooth particularly in wireless headphones is a major factor driving market growth.

The industry dynamics are changing rapidly with the trend for affordable and compact earphones/ headphones.Snowballing usage of portable music players, smartphones, and tablets has been and is expected to continue driving the global earphones and headphones market growth significantly over the next few years,

The industryis characterized by innovations and technological advancements resulting in the development of refined noise cancellation features, which is further anticipated to aid the product sales. Rising consumer demand for high fidelity and style coupled with mounting adoption particularly during aworkout is also expected to propel demand.

Click the link below to view the report description: – https://www.ameriresearch.com/product/earphones-headphones-market-to-2024

Key findings from the study: –

  • In-ear segment accounted for the majority market share in 2016 and is projected to witness thegrowth of over 6% over the forecast period. Thisis accredited to the budding popularity of tablets, portable music players, laptops, smartphones, and other mobile devices that offer significant compatibility with in-ear headphones
  • Wired technology segment held more than 50% of the overall revenue share in 2016 owing to the snowballing adoption of wired earphones and headphones primarily in developing countries including India, Thailand, Brazil, Vietnam, and Singapore
  • Music & entertainment held maximum portion of the overall revenue share in 2016 and is expected to witness strong growth over the forecast period owing to the rising demand for audio solutions compatible with portable consumer electronics primarily to listen to music
  • Asia Pacific emerged as the dominant region in 2016 capturing more than 35% of the overall revenue share in the same year. Thisis accredited to the growing penetration of smartphones and tablets along with the rising popularity of Western music culture in this region
  • Key industry participants includeBeats, Bose Corporation, Panasonic Corporation,JBL Harman, Pioneer Corporation, Skullcandy, Shure Inc., Philips, and Sony Corporation.Major players focus on collaboration and merger as key growth strategy while some focus on investing in R&D to develop innovative products

Market Segmentation

  • Earphones & Headphones Market by Product (Revenue, USD Million; Volume, Million Units)
    • In-ear
    • Over-ear
  • Earphones & HeadphonesMarket by Price (Revenue, USD Million; Volume, Million Units)
    • Less than 50 USD
    • Between 50 to 10 USD
    • Above 100 USD
  • Earphones & Headphones Market by Technology (Revenue, USD Million; Volume, Million Units)
    • Wired
      • Active Noise Cancellation (ANC)
      • Others
    • Wireless
      • Active Noise Cancellation (ANC)
      • Bluetooth
      • NFMI
      • Smart Headphones
      • Others
  • Earphones & Headphones Market by Application (Revenue, USD Million; Volume, Million Units)
    • Fitness/Sports
    • Gaming
    • Virtual Reality
    • Music & Entertainment
  • Earphones & Headphones Market by Region (Revenue, USD Million; Volume, Million Units)
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
    • Asia Pacific
      • Japan
      • China
      • India
      • Southeast Asia
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa (MEA)
      • Saudi Arabia
      • UAE

 

Media Contact
Company Name: Ameri Research Inc
Contact Person: Media Relations
Email: Send Email
Phone: 1-813-666-0858
Address:6816 Muncaster Ct, Tampa, FL 33625
City: Tampa
State: FL
Country: United States
Website: https://www.ameriresearch.com/product/earphones-headphones-market-to-2024

About Author

editor

editor

Calendar

September 2017
M T W T F S S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930  

Latest Posts

Online Home Decor Market To Grow At A CAGR of 19.64% During The Forecasted Period 2017 To 2021: Hexa Reports

Read Full Article

Chlorinated Polyethylene Market Growth To Be Driven By Increasing Use In Chemical Industry Owing To Their Non-Corrosive Properties Till 2025: Grand View Research, Inc.

Read Full Article

BEHOLD THE POWER OF EGGS – Easterseals Colorado Teams with Corporate Donation Solutions to LAUNCH the MOST INCREDIBLE and UNIQUE FUNDRAISER in the USA

Read Full Article

Array Connector Market To Witness Enhanced Usage In Electronics and Computer Applications Till 2021 | Million Insights

Read Full Article

Blood Serum Market To Witness Enhanced Usage In Advanced Diagnostics Test & Laboratory Experiments Till 2017 | Million Insights

Read Full Article

Satellite Payloads Market Is Expected To Exhibit Substantial Growth Owing To Increased Penetration Of Payloads In The Telecom Sector Till 2025: Grand View Research, Inc.

Read Full Article

Fiber Laser Market To Witness Enhanced Demand From Automobile and Electronics Applications Till 2022 | Million Insights

Read Full Article

Conductive Textiles Market Growth Is Likely To Boost By Technological Advancement And Rising Awareness Regarding Conductive Textiles Among Consumers Till 2025: Grand View Research, Inc.

Read Full Article

Global Food Fortification Ingredients Market is expected to reach US$ 100.84 Bn by 2025 – Credence Research

Read Full Article

Global Transdermal Skin Patches Market To Grow At Rate Of 4.2% From 2017-2025 – Credence Research

Read Full Article