San Francisco, 21
September 2018: Global smart
headphones market is expected to reach USD 7.48 billion by
2022, according to a new report by Grand View Research, Inc. Increasing
acceptance of bluetooth wireless technology paired with developments including
water resistant features and recalibration functions is estimated to propel
product demand. Increasing adoption of headphones particularly while working
out and during office hours is expected to fuel growth. Development resulting
in incorporation of MP3 player in smart headphones is expected to result in
demand growth.
Shifting consumer preference towards
purchasing expensive headphones and earphones for enhanced listening experience
is anticipated to drive industry growth over the next few years. Surge is
replacement market coupled with availability of advanced features is expected
to drive market demand over the forecast period. Customers are increasingly
opting for these devices owing to their high fidelity, style and availability
of technologically advanced products. However, high cost as compared to
conventional headphones is expected to pose challenge to industry growth.
Issues pertaining to power consumption and user interface might pose serious
challenges to market growth.
Access
Research Report of Smart Headphones Market
@ www.grandviewresearch.com/industry-analysis/smart-headphones-market
Further key findings from the report suggest:
· Wireless segment accounted for over 75% of
the overall revenue in 2014, and is expected to witness rapid growth at a CAGR
of over 20% from 2014 to 2022 owing to increasing adoption especially in call
centers, fitness centers and entertainment or gaming arenas.
· Growth in the wired segment can be
primarily attributed to benefits offered by these devices over their
counterparts such as low power consumption and cost. Wired headphones also
offer better durability and ease of use for consumers.
· North America accounted for more than 40%
of the overall share in 2014, and is also estimated to exhibit highest growth
over the next few years owing to early technology adoption ensuring faster
penetration.
· Asia Pacific smart headphones market is
anticipated to exhibit substantial growth over the foreseeable future in light
of rising consumer disposable income of customers in India, Japan Taiwan and
Korea. Consumers in the region have high preference for technologically
advanced products and with the aforementioned factors, smart earphones demand
is expected to witness growth over the next seven years.
· Key market participants include Bragi,
Intel, LG, Sennheiser, Huawei, Chipsip, Sony, Samsung, Valencell and Cosinuss.
Industry participants strive to develop light weight products with advanced
audio solutions and high noise cancellation features that offer better
listening experience along with better connectivity. Vendors also emphasize on
enhancing distribution channels through multiple partnership and long-term
contracts to ensure stable supply of headphones.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the
global smart headphones market on the basis of product and region:
Smart Headphones Product Outlook (Revenue,
USD Million; 2014 - 2022)
·
Wired
·
Wireless
Smart Headphones Regional Outlook (Revenue,
USD Million; 2014 - 2022)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access Press Release of
Smart Headphones Market@ www.grandviewresearch.com/press-release/global-smart-headphones-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
No comments:
Post a Comment