Wireless Earphone Market 2019 Global Size, Share, Business Growth, Regional Trends, Opportunities, Sales Revenue and Comprehensive Research Study 2023
Market Research Future published a research report on Wireless Earphone Market Research Report – Global Forecast 2023 Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – February 28, 2019 /MarketersMedia/ —
Market Highlights
The study reveals that wireless earphone is trending in North America region. The increasing demand of wireless technology is boosting the wireless earphone market growth. The adoption of next piece of digital hardware is gaining demand in the market. The high-resolution audio compatibility, digital noise cancelling technology, beat response control, and others are propelling the demand of wireless earphones in the market. The water resistant, fast fuel charging technology, with superior performance, with hands-free experience, high-quality sound are driving the market growth of wireless earphones.
In North America region, the wireless earphone demand are growing as the prominent companies such as Skullcandy Inc. (U.S), Motorola, Inc. (U.S), Samsung Group (South Korea), Shure Incorporated (U.S), are providing wireless earphone solution. The wireless earphones are embedded with immersive audio quality, control tracks, adjust volumes, and others. The innovation in earphone designing and technology, which has resulted in significant demand generation over the last few years. The new launched in wireless technologies is becoming limitation of growth of wireless earphone. For instance, Apple has launched Airpods which is dominating the wireless earphones market growth and Samsung are working on wireless earphones to take on the AirPods dominance.
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The global wireless earphone market is growing rapidly over ~6% of CAGR and is expected to reach at USD ~ 2.61 Billion by the end of forecast period.
Key Players:
The prominent players in the global wireless earphone market are Apple Inc. (U.S), Harman International Industries (U.S), Philips N.V (Netherlands), Skullcandy Inc. (U.S), Motorola, Inc. (U.S), Samsung Group (South Korea), Shure Incorporated (U.S), Leaf Ear (India), Jabra (Denmark), Rowkin LLC (U.S), Zebronics India Pvt. Ltd (India) and among others.
Global Wireless Earphone Market Segmentation:
By components, the global Wireless Earphone Market has been segmented into hardware, software, and, service.
By technology, the market for wireless earphone is segmented into Wi-Fi, NFC, Bluetooth, and, others.
By application, the wireless earphone market has been segmented into music & entertainment, sports & fitness, gaming & virtual reality, and, others.
By point of sale, the market has been segmented into multi-brand electronic stores, exclusive showrooms, hypermarket/supermarket stores, online sales channel, and, others.
Regional Analysis:
By region, the market for wireless earphone has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). North America market will hold a significant share in the market owing to the early adoption of the technology coupled with increasing demand. The wireless earphones are widely used across all the verticals such as music & entertainment, sports & fitness, gaming & virtual reality, etc. Some of the major players of the market are based out of this region, mostly the U.S. which is one of the major contributors in this region. The large-scale penetration of market by smartphones, tablets, and other electronic gadgets has amplified the demand for wireless earphones in Europe market. The market in this region exhibits salient growth across the projection period. Other factors responsible for the growth of market in this region are adoption of next-gen technology, bullish trend in the music industry, etc.
The Asia Pacific region is the largest emerging market for wireless earphones. It will receive major revenue contributions from countries like China, India, Japan, etc. This region will see growth in both demand and supply, thereby, multiplying the revenue generation during the assessment period. The Asia Pacific region will grow at the highest CAGR from 2017 to 2023. The growth of the global market will accelerate the demand in Middle East & Africa market.
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Intended Audience
Wireless earphone Manufactures
Wireless earphone service providers
Professional service providers
Research and development companies
Market research and consulting firms
Solution providers
Technology standards organizations
Technology investors
System Integrators
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 486968
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