Global Smart Headphone Market

Smart Headphone Market Size, Share, Growth Analysis, By Type(In-ear headphones, On-ear headphones, and Over-ear headphones), By Connectivity(Wired headphones and Wireless headphones), By Distribution Channel(Online and Offline), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25E2091 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 62 | Figures: 75

Smart Headphone Market Dynamics

Smart Headphone Market Driver

Easy Accessibility and Technological Advancement in Headphones to Boost Its Demand during Forecast Period

  • 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.
  • It is projected that with increasing technological breakthroughs, it would present profitable prospects for the smart headphone industry. The use of Bluetooth/NFC speakers, Wi-Fi, language translation, noise cancelling technology, fitness & heart rate tracking, voice-based personal assistants, contextual location-based suggestions, environment-based noise suppression or audio enhancement, and gesture & touch-based control have all contributed to an increase in the adoption of smart headphones in both the domestic and commercial sectors. 
  • Additionally, a huge rise in mobile entertainment devices globally spurs the industry expansion. The rise in popularity of cloud computing and BYOD services is anticipated to offer the smart headphones market additional growth possibilities.

Smart Headphone Market Restraint 

Health Hazards of Long Hours of Use of Smart Headphones and Availability of Counterfeit to Limit the Market Adoption

  • The long-term use of audio equipment at high levels, such as more than 85 dB for eight hours or 100 dB for fifteen minutes, may result in temporary or, in some circumstances, permanent sensory loss. 
  • The World Health Organization (WHO) estimates that due to excessive noise levels caused by the usage of wireless gadgets, over 22 million young people have experienced impaired hearing. 
  • Excessive use of headphones has negative impacts on consumers' hearing abilities, which limits their uptake and restrains the market's expansion.
  • One of the obstacles to the market's expansion is the availability of counterfeit goods in the marketplace.
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FAQs

Smart 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.

Smart 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 global 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.

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Global Smart Headphone Market

Report ID: SQMIG25E2091

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