Earphones and Headphones Market Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast - 2020 to 2026


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Uploaded on Dec 30, 2020

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The increasing demand of wireless earphones and headphones drives the growth of this market. Increasing penetration of smartphones coupled with declining prices of mobile devices further accelerates the market growth. In addition, the per capita income of consumers has increased considerably, which has resulted in enhanced lifestyle and higher standards of living.

Category Business

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Earphones and Headphones Market Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast - 2020 to 2026

Earphones and Headphones Market Set to Exceed $16,563 Million By 2026 | CAGR: 6.1% “Earphones and Headphones Market [By Product (Earphones, Headphones); By Technology (Wired, Wireless) By Distribution Channel (In-Store, Online); By Price Range (Below USD 50, USD 50-100, Above USD 100); By End-User (Call Centers, Aviation, Gaming, Music & Entertainment, Fitness, Others); By Region]: Market size & Forecast, 2017 – 2026” Earphones and Headphones Market Estimate & Forecast to 2026 According to a new report published by Polaris Market Research the earphones and headphones market is anticipated to reach over USD 16,563 million by 2026. In 2017, earphones dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period. The increasing demand of wireless earphones and headphones drives the growth of this market. Increasing penetration of smartphones coupled with declining prices of mobile devices further accelerates the market growth. In addition, the per capita income of consumers has increased considerably, which has resulted in enhanced lifestyle and higher standards of living. Rise in the number of streaming services such as Spotify, Pandora, and Deezer, enhance the music experience for consumers, thereby supporting the growth of headphones and earphones. There has been an adoption of earphones and headphones across the globe owing to the increase in penetration of smart phones. Growth in sales of smartphones coupled with the increasing need for mobility services has significantly increased the demand for earphones and headphones. The major players in the market have developed advanced wireless headphones and earphones to cater to the growing requirements of consumers and their changing preferences. Additionally, the demand for earphones and headphones has increased in the global market owing to features such as high-definition sound quality, portability, flexibility, and ease of connectivity. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 2 Earphones and Headphones Market Scope By Product By Technology By Distribution by Price Range by End-Users By Region Report Attributes Channel  Earphones  Wired  In-Store  Below USD 50  Call Centers  North America  Historic year:  Headphones  Wireless  Online  Between USD  Aviation  Europe 2015-2016 50-100  Gaming  Asia Pacific  Base year: 2017  Above USD 100  Music and  Latin America  Forecast Year: Entertainment Middle East & 2017-2026  Fitness Africa  Revenue ((USD  Others Million) Request for sample Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3 Earphones and Headphones Market Estimate & Forecast to 2026 A significant growth in demand for wireless earphones and headphones has been registered over the years owing to convenience, portability, and high-definition sound quality. Consumers need convenience and on-the-go services, and opt for wireless earphones and headphones for audio communication and related applications. Wireless earphones and headphones enhance the experience by providing easy and quick transmission, wireless operation, and ease of set up. Hence, the increase in demand for wireless earphones and headphones is expected to drive the growth of the market. The different technologies available in the market include wired and wireless. In 2017, wired earphones and headphones accounted for the highest market share. However, wireless earphones and headphones are expected to grow at a higher CAGR during the forecast period. The well-known companies profiled in the report include Sennheiser Electronic GmbH & Co. KG, Sony Corporation, GN Netcom, Audio-Technica Corporation, JVC Corporation, Beats Electronics (Apple, Inc.), Harman International Industries, Inc., Plantronics Pty Ltd., Philips Electronics Ltd., and Bose Corporation among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Browse Complete Report Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4 Earphones and Headphones Market Size Request for TOC Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5 Earphones and Headphones Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis  Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6 About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.   Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7 Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor,  New York City, NY 10005, United States E mail Id: [email protected] Phone: +1-646-568-9980