NEW
YORK, June 19, 2024 /PRNewswire/ -- The global
wireless headphones market size is estimated to grow by
USD 21.03 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a
CAGR of almost 16.83% during the forecast period. Increasing
penetration of smart devices is driving market growth, with a trend
towards ingress protection (IPX)-certified wireless headphones.
However, high price of wireless headphones poses a challenge. Key
market players include AIAIAI ApS, Alphabet Inc., Apple Inc.,
beyerdynamic GmbH and Co. KG, Bose Corp., Creative Technology Ltd.,
FKA Distributing Co. LLC, GN Store Nord AS, Imagine Marketing Pvt.
Ltd., JVCKENWOOD Corp., Koninklijke Philips N.V., Logitech
International SA, Nexxbase Marketing Pvt. Ltd., Panasonic Holdings
Corp., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH and
Co. KG, Shure Inc., Skullcandy Inc., Sony Group Corp., and Xiaomi
Communications Co. Ltd..
Get a detailed analysis on regions, market
segments, customer landscape, and companies- View the snapshot
of this report
Wireless Headphones
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
16.83%
|
Market growth
2024-2028
|
USD 21030.7
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
14.01
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
Europe at
32%
|
Key
countries
|
US, UK, Germany, China,
and Japan
|
Key companies
profiled
|
AIAIAI ApS, Alphabet
Inc., Apple Inc., beyerdynamic GmbH and Co. KG, Bose Corp.,
Creative Technology Ltd., FKA Distributing Co. LLC, GN Store Nord
AS, Imagine Marketing Pvt. Ltd., JVCKENWOOD Corp., Koninklijke
Philips N.V., Logitech International SA, Nexxbase Marketing Pvt.
Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd.,
Sennheiser Electronic GmbH and Co. KG, Shure Inc., Skullcandy Inc.,
Sony Group Corp., and Xiaomi Communications Co. Ltd.
|
Market Driver
The global wireless headphones market is experiencing growth due
to the demand for IPX-certified devices. Manufacturers are
responding by producing sweat-proof and water-resistant models with
removable and washable ear pads. These headphones carry IPX
ratings, which indicate their level of protection against dust and
water. For instance, an IPX7-rated product is both dust-tight and
water-resistant to high-pressure sprays. The availability of
water-resistant earphones and headphones, particularly sports
models, is expected to boost market growth during the forecast
period.
The wireless headphones market is experiencing significant
growth with various brands and models releasing new technologies.
Loops, Musics, and Mart are key players in this industry. They
offer features such as noise cancellation, long battery life, and
seamless connectivity. Radios and Frequencies are essential
components in wireless headphones, ensuring proper functioning and
high-quality sound. The trend towards lighter and more comfortable
designs is also evident, with Sund and Products focusing on this
aspect. Additionally, adaptive technology and personalized settings
are becoming popular features in wireless headphones. Overall, the
wireless headphones market is thriving, with innovations and
advancements continually shaping the industry.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The global wireless headphones market is experiencing price
growth due to technological advancements and consumer demand for
additional features. High-end premium wireless headphones are
priced steeply, potentially hindering adoption in developing
countries. Vendors offer these products at high prices, with sports
and fitness headphones also commanding a premium. This pricing
trend may negatively impact market growth during the forecast
period.
- The wireless headphones market faces several challenges. One
key challenge is ensuring consistent connectivity and minimizing
interference. Adaptive frequency technology and Bluetooth 5.0 are
attempts to address this issue. Another challenge is battery life.
Long-lasting batteries are essential for uninterrupted use.
Additionally, comfort is crucial for consumer satisfaction.
Lightweight designs and adjustable ear cups are important
considerations. Cost is also a challenge, as consumers seek
affordable options without compromising quality. Competition from
wired headphones and other audio devices adds to the market
complexity. Producers must innovate to differentiate their products
and meet consumer demands.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
This wireless headphones market report extensively covers market
segmentation by
- Application
- 1.1 Music and entertainment
- 1.2 Gaming
- 1.3 Fitness
- 1.4 Virtual reality
- Product Type
- 2.1 On-ear wireless headphones
- 2.2 In-ear wireless headphones
- 2.3 Over-ear wireless headphones
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Music and entertainment- The wireless
headphones market is experiencing significant growth due to their
ability to offer privacy and superior sound quality. Music culture
and entertainment are key drivers, with streaming services
expanding subscriber bases and AI-enhancements improving audio
experience. Product advancements like active noise cancellation
(ANC) and near-field communication (NFC) provide consumers with
enhanced listening experiences. These factors are expected to boost
the market during the forecast period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The wireless headphones market continues to evolve, with various
headphone types, such as over-ear and in-ear, utilizing advanced
technologies like Bluetooth, Infrared, and Radio Frequency for
device application. These headphones offer functionality beyond
traditional audio playback, including Ingress Protection, noise
cancellation through Active noise-canceling units, and even
customization options. Wi-Fi connection and AI-assisted noise
separation are emerging features enhancing user experience.
Consumers are increasingly spending on electronic devices with
advanced functions, driving the demand for wireless headphones.
Production facilities worldwide are dedicated to manufacturing
these innovative headphones to cater to the growing market.
Market Research Overview
The wireless headphones market is a rapidly growing segment in
the consumer electronics industry. These devices offer convenience
and freedom of movement, making them popular among consumers for
various applications such as music listening, gaming, and video
conferencing. The market is driven by advancements in Bluetooth
technology, which enables seamless connectivity and high-quality
audio transmission. Additionally, the increasing popularity of
streaming services and the shift towards remote work are fueling
the demand for wireless headphones. Features like noise
cancellation, long battery life, and customizable fit are also key
factors influencing consumer preferences in this market.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Music And Entertainment
- Gaming
- Fitness
- Virtual Reality
- Product Type
-
- On-ear Wireless Headphones
- In-ear Wireless Headphones
- Over-ear Wireless Headphones
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio