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According to a new market research report published by Credence Research “Wireless Headphones Market (Product Type – In-Ear, On-Ear, and Over-Ear; Functionality – With Microphone and Without Microphone; Distribution Channel – Online and Offline) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the market for wireless headphones was valued at US$ 13.55 billion in 2017 and will grow at a CAGR of 7.9 percent over the forecast period from 2018 to 2026.Market Insights
The market for wireless headphones was valued at US$ 13.55 billion in 2017 and expected to grow at a compounded annual growth rate (CAGR) of 7.9 percent over the forecast period from 2018 to 2026. In recent years, the market for wireless headphones has seen significant growth in both value and volume. The average selling price of wireless headphones is also witnessing an upward growth as a result of increasing demand for premium features such as form factor and noise cancelation among others. Convenience of use is one of the most important consumer consideration when making a purchase decision for a wireless headphone. It provides a hassle free music and call experience for the user. Growing demand for smartphones is another prominent factor aiding the wireless headphone market growth. Moreover, increasing for gaming and virtual reality applications is further complimenting the wireless headphones market growth.
Browse the full report at https://www.credenceresearch.com/report/wireless-headphones-market
The online segment expected to witness the fastest growth in coming years. Availability of lucrative offers coupled with ease of shopping are some of the most prominent factors supporting the growth of the online segment. Rising internet penetration in region such as Asia Pacific and Middle East & Africa is further facilitating the online segment growth. Easy return policy and faster delivery are the other important factors influencing people to choose online channels over offline channels.
In terms of investment, the Asia Pacific market was expected to remain the most lucrative for wireless headphone manufacturers. In recent years, the region has witnessed a rising net disposable income. With the region's ever-increasing smartphone market, demand for accessories including wireless headphones is also expected to grow rapidly.
Key players profiled in the report include Apple, Inc., Sony Corporation, Samsung Electronics, JBL, Bose Corporation, Philips, Beats Electronics, Skullcandy, Sennheiser, Jabra and Shure among other. These companies are engaged in research and development activities in order to stay ahead of the competition. Voice assistant is expected to the next big trend for headphones in the not too distant future. Moreover, an increasing number of wireless headphones are expected to be offered with the noise cancellation feature.
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ToC:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Wireless Headphones Market Analysis, by Product Type, 2016 – 2026
4.1 Overview
4.2 In-Ear
4.3 On-Ear
4.4 Over-Ear
Chapter 5 Global Wireless Headphones Market Analysis, by Functionality, 2016 – 2026
5.1 Overview
5.2 With Microphone
5.3 Without Microphone
Chapter 6 Global Wireless Headphones Market Analysis, by Distribution Channel, 2016 – 2026
6.1 Overview
6.2 Online
6.3 Offline
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Chapter 11 Company Profiles
11.1 Apple, Inc.
11.2 Sony Corporation
11.3 JBL
11.4 Samsung Electronics
11.5 Bose Corporation
11.6 Philips
11.7 Beats Electronics
11.8 Skullcandy
11.9 Sennheiser
11.10 Jabra
11.11 Shure
....................................toc continued
Browse the full report at https://www.credenceresearch.com/report/wireless-headphones-market
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