Report ID: SQMIG25E2091
Report ID:
SQMIG25E2091 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
62 |
Figures:
75
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).
Technological advancement has led to a widespread adoption of smart headphones in the global market. Sophisticated audio wearables provide high sound definition and can be applicable for a wide range of devices such as mobile phones, computers, tablets, digital music players, digital TVs, and auto infotainment systems—highly compatible.
Smart headphones come with a variety of features such as touch based control, fitness tracking, water resistance, health monitoring, and noise suppression. Therefore, it finds extensive application in entertainment, gaming, healthcare, sports, and education.
Cutting edge technology and solutions in near future are likely to propel the market growth and its acceptance globally. Smart headphones may become widely used over the projection period as a result of changing consumer preferences and rising purchasing power.
US Smart Headphone Market is poised to grow at a sustainable CAGR for the next forecast year.
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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.
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Report ID: SQMIG25E2091