Global Wireless Earphones Market Outlook, Opportunities And Strategies
Learn about the global wireless earphones market through The Business Research Company, which provides information on wireless earphones market size, wireless earphones market drivers and restraints, wireless earphones market players, the COVID-19 impact on the wireless earphones market, and more.
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The global wireless earphones market is expected to grow from $4.56 billion in 2020 to $4.65 billion in 2021 at a compound annual growth rate (CAGR) of 2.01%. The slow growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The wireless earphones market is expected to reach $5.69 billion in 2025 at a CAGR of 5.2%.
A rising preference for wireless devices connected with the improved use of smart technology is expected to drive innovation in wireless earphones manufacturing, thus driving the market during the forecast period.
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The wireless earphones market consists of sales of wireless earphones by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing wireless earphones. Wireless headphones are connected to a device such as a computer, television, stereo speaker, smartphone, gaming console, and other electronic devices without using a cable or wire. Wireless earphones transmit audio signals through radio or IR (infrared) signals, depending on the device. They connect to the device via Bluetooth technology and Wi-Fi. Only goods and services traded between entities or sold to end consumers are included.
Global wireless earphones market segments include:
By Product Type: In-ear, Neckband, TWS (True Wireless Stereo), Others
By Connectivity: Wi-Fi, Bluetooth
By Application: Music and Entertainment, Sports and Fitness, Gaming and Virtual Reality
By Distribution Channel: Hypermarkets/ Supermarkets, Multi Branded Stores, Exclusive Stores, Online Channels
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the wireless earphones market in 2020.
Technology advancements are a leading trend gaining popularity in the wireless earphones market. Major players operating in the market are continuously focusing on technological innovations to meet customer’s requirements and expand the company’s customer base.
TBRC’s wireless earphones market report covers:
Major Market Players: Apple Inc., Bose Corporation, Sony Corporation, Koninklijke Philips, Sennheiser Electronic, Samsung Group, LG Electronics, Skullcandy, Panasonic Corporation, Plantronics Inc., Shure Incorporated, Japan Victor Company (JVC), One Plus Technology Co. Ltd., Logitech International S.A., Harman International Industries Inc., Zebronics India Pvt. Ltd., Motorola Solutions Inc., HTC, Nokia, LG Electronics, and Fujikon Industrial Holdings Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Wireless Earphones Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides wireless earphones market overviews, analyzes and forecasts market size, share, wireless earphones market players, wireless earphones market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s wireless earphones market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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