Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on wireless
earphone market provides an in-depth analysis of segments and sub-segments in the
global as well as regional wireless earphone market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional wireless earphone market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global wireless earphone market. According to the report, the global wireless
earphone market is projected to grow at a CAGR of 8.0% over the forecast period
of 2019-2025.
Technological development is changing the way electronic devices
are being used. Nowadays earphones are not just an electronic device used to
listen to music and calling. Earphones are changed with their designs and can
be connected to Wi-Fi and Bluetooth. Wireless earphones are becoming trendy as
it provides convenience to the user. Wireless earphone manufacturers are
focusing on changing consumer tastes and preferences and use strategies like
new product launches, mergers, and acquisitions to sustain in the competitive
market. For instance, in 2018, Sony India launched a range of wireless
headphones and speakers. SP700N is the top-of-the-line sports earbuds. It has
active noise cancellation, ambient noise, Sony Extra Bass sound and it supports
Google assistant.
The increasing number of smartphone, tablet and laptop users drive
the growth of the wireless earphone market. The rising purchasing power of
consumers and the demand for gaming and virtual reality applications contribute
to the growth of the wireless earphone market. The attractive designs and
innovative features of wireless earphones stimulate market growth. Consumer’s
convenience in using wireless earphones increases the demand for the wireless
earphone market. In addition, improved performance of these earphones with
different applications such as music and entertainment, sports, and telephonic
communication contributes to the growth of the wireless earphone market. Factors
such as water resistance, fast charging, noise cancellation technology, and
high-quality sound propel the growth of the wireless earphone market. On the
other side, overuse of earphones can cause hearing loss, pain in ears and
sometimes ear infections that hampers the growth of the wireless earphone
market. However, technological advancement helps in the development of novel
features and designs in earphones which creates numerous opportunities for the
wireless earphone manufacturers.
Geographically, the global wireless earphone market is classified
into North America, Europe, Asia-Pacific and Rest of the World. North America
is expected to have a dominant share in the global wireless earphone market. The
United State has an increasing number of smartphone users and rising demand for
tech-savvy equipment contribute to the growth of the wireless earphone market
in the North America region. Asia-Pacific is an emerging market for the
wireless earphone market. Asia-Pacific region has a huge population and an increasing
number of smartphone users that propel market growth. Europe is expected to
grow in the wireless earphone market.
The report on global wireless earphone market covers segments such
as product type, application, and distribution channel. On the basis of product
type, the sub-markets include in-ear, on-ear, and over-ear. On the basis of
application, the sub-markets include music & entertainment, sports &
fitness, gaming & virtual reality, and communication. On the basis of the distribution channel, the sub-markets include online, electronic stores,
showrooms, and supermarket.
The report provides profiles of the companies in the market such
as Apple Inc., Samsung Electronics Co., Ltd., Sony Corporation, Logitech Inc., Plantronics,
Inc., Optoma Corporation, Koninklijke Philips N.V., JABRA Corporation, Bose
Corporation, LG Electronics, Inc., and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of wireless
earphone market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.