Global Earphones & Headphones Market Trends Estimates High Demand by 2025

The global earphones & headphones market size is expected to reach USD 15.80 billion by 2025 registering a CAGR of 5.9%, according to a study conducted by Radiant Insights, Inc. Rising usage of smartphones, tablets, and other handheld electronic devices is expected to be the key factor driving the market. Increasing popularity and online streaming of music is also one of the factors expected to boost the market growth. In addition, technological advancements pertaining to noise cancellation is expected to fuel the market growth. Growing demand for affordable products equipped with advanced features has compelled manufacturers to focus more on innovation and product differentiation.

Furthermore, due to rising awareness about fitness, manufacturers are also developing products that are equipped with fitness tracking and monitoring features. For instance, in October 2018, Bose Corporation introduced its Bose Sound Sport Pulse wireless headphones, which can be paired with Bluetooth, are sweat proof, and are capable to track heart rate while performing any activities at the gym. Rising demand for fashionable and trendy products coupled with increasing popularity of smart headphones is also likely to augment market growth. In addition, increasing product usage at workplaces is anticipated to fuel the demand further. However, growing availability of counterfeit products is one the major challenges that may affect the earphones & headphones market growth.

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Earphones & Headphones Market

Further key findings from the study suggest:

• Wired technology is expected to be the largest segment over the forecast period due to growing usage of smartphones and tablets

• North America captured a substantial portion of the earphones & headphones market, which is primarily attributed to the high market penetration and technological advancements. Additionally, the presence of some big companies, such as Beats, Bose, and Skullcandy, has revolutionized the regional market with the availability of high-end products

• The earphones segment held a significant market share in 2018 and is likely to maintain its dominance from 2019 to 2025. This is primarily attributed to the growing demand for wireless earphones

• The market is highly competitive and fragmented marked by the presence of prominent companies, such as Apple, Inc.; JVC; Sony Corp.; Skullcandy, Inc.; Bose Corp.; Sennheiser Electronic; and Shure Inc.

• Most of these companies emphasize on R&D for product differentiation and to improve product quality and reliability

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations

Chapter 2. Executive Summary
2.1. Earphones & Headphones Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2. Earphones & Headphones Market, 2014 - 2025

Chapter 3. Earphones & Headphones Industry Outlook
3.1. Market Segmentation
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.3.3. Market opportunity analysis
3.4. Penetration & Growth Prospects Mapping
3.5. Industry Analysis - Porter's Five Force Analysis
3.6. PESTEL Analysis

Chapter 4. Earphones & Headphones Market: Product Outlook
4.1. Earphones & Headphones Market Estimates & Forecasts, By Product, 2018 & 2025 (USD Million)
4.2. Earphones
4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
4.2.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
4.3. Headphones
4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
4.3.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)

Chapter 5. Earphones & Headphones Market: Price Outlook
5.1. Earphones & Headphones Market Estimates & Forecasts, By Price, 2018 & 2025 (USD Million)
5.2. Less than 50 USD
5.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.2.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
5.3. Between 50 to 100 USD
5.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.3.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
5.4. Above 100 USD
5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.4.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)

Continued…

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