Report ID: SQMIG25E2091
Report ID:
SQMIG25E2091 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
62 |
Figures:
75
Due to early acceptance of technology by manufacturers and consumers, North America accounted for over 46% of worldwide sales for smart headphones in 2022 and is predicted to experience rapid growth. The United States' high level of technological adoption is also expected to boost product sales. Due to the presence of most major industry players and the accessibility of premium goods, the regional market has undergone revolutionary change.
Due to the high penetration of wearable electronics, Asia-Pacific is predicted to have significant growth. Demand can also be fueled by the rising expenditure on pricey technology accessories. Over the next seven years, it is anticipated that availability of inexpensive sensors and other connectivity components used in headphones would fuel expansion.
Due to its weaker economy and recent European financial crisis, Europe is predicted to have below-average growth. The crisis is predicted to have a protracted effect that would harm overall development. However, nations like Germany and the UK, which were only slightly impacted by the crisis, are predicted to overcome the crisis and result in a positive growth in the next few years.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONSmart Headphone Market size was valued at USD 7.9 billion in 2019 and is poised to grow from USD 9.27 billion in 2023 to USD 33.07 billion by 2031, growing at a CAGR of 17.23% in the forecast period (2024-2031).
The existence of several international players defines the market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our Smart Headphone market reports, some of the leading quality. 'Apple Inc.', 'Samsung Electronics Co. Ltd.', 'Sony Corporation', 'Bose Corporation', 'Sennheiser Electronic GmbH & Co. KG', 'Plantronics, Inc.', 'Jabra Corporation', 'Philips NV', 'Harman International Industries, Inc.', 'Bang & Olufsen A/S', 'Bragi GmbH', 'Jaybird LLC', 'Motorola Mobility LLC', 'LG Electronics Inc.', 'Panasonic Corporation', 'Monster LLC', 'Audio-Technica Corporation', 'Xiaomi Corporation', 'RHA Technologies Limited', 'Klipsch Group, Inc.'
Headphones are important accessories for electronic infotainment devices such mobile phones, computers, automotive infotainment systems, digital music systems, digital TVs, and others whose sales are expanding quickly. Smart headsets have a number of advantages, including portability, mobility, freedom from wire maintenance, ease, and high-definition sound quality. Therefore, one of the factors fuelling the growth of the smart headphones market is the increased use of infotainment devices.
3D Technology and Other Advancement in Smart Headphones to Bring Lucrative Growth Opportunities in Future: The use of Bluetooth/NFC speakers, Wi-Fi, noise cancellation technology, language translation, fitness and heart rate tracking, voice-based personal assistants, contextual location-based suggestions, environment-based noise suppression or audio enhancement, and gesture & touch-based control has led to an increase in the adoption of smart headphones in both the domestic and commercial sectors.
Due to early acceptance of technology by manufacturers and consumers, North America accounted for over 46% of worldwide sales for smart headphones in 2022 and is predicted to experience rapid growth. The United States' high level of technological adoption is also expected to boost product sales. Due to the presence of most major industry players and the accessibility of premium goods, the regional market has undergone revolutionary change.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25E2091