By the end of 2029, the global earphones market is anticipated to be worth US$ 14,386 Mn. According to Future Market Insights (FMI), between 2019 and 2029, the market would grow steadily at a CAGR of 4.9 percent. According to the survey, one of the primary factors for the growth of earphones in the market is increased smartphone usage, particularly increasing internet-related services, and lowering earphone prices. The research provides a thorough analysis of the market, including key growth drivers, restraints, opportunities, and current trends. It employs novel research methods to provide the most accurate market analysis.
To Get a Sample Copy of the Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11153
It includes in-depth insights into the earphones market. Some of these are:
- The estimated value of the market was at ~US$ 8,917 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
- Regionally, North America dominates the Earphones market globally.
- East Asia emerges as one of key markets owing to increasing smartphone users, growing internet related services & activity and lower prices of earphones in the region.
- Over ear earphones holds most of the market however in ear earphones are expected to expand at highest CAGR owing to better sound quality and noise cancellation.
- Key players are likely to focus on new product innovation such as using of increasing sound quality, noise cancellation etc. to stay relevant in developed markets.
Wireless Earphones to Witness Highest GrowthBased on technology, the earphones market is categorized into wired and wireless. The wired segment holds most of the earphone market value share however the wireless segment is estimated to witness the fastest CAGR over the forecast period owing to product innovation and advancements in technology such as W-Fi, infrared, Bluetooth etc. Well established companies are trying to come up with innovative products with minimum possible prices due to intense competition in the market. Giant manufacturers such as Bose Corporation, Samsung Electronics, Sony Corporation, are currently investing more on their R&D to gain advantage over rivals. Moreover, hands free feature for earphones h0061ve also fuelled the market for further growth.
Request Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-11153
Who is Winning?Some of the leading players operating in the Earphones market are Apple, Inc., JVC; Sony Corp., Skullcandy, Inc., Bose Corp., Sennheiser Electronic; and Shure, Inc, Bose Corporation, Sennheiser Electronic GmbH & Co. KG, Grado Labs Inc. , Jays AB AIAIAI ApS , AKG Acoustics GmbH , Skullcandy Inc. , Beyerdynamic GmbH & Co. KG , Creative Technology Ltd , Denon Electronics LLC (US), House of Marley, LLC, Sony Corporation, Audio-Technica Corporation, Harman International Industries, Inc. (JBL) etc. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.
- In January 2019, Sennheiser Electronic GmbH & Co. KG had launched the Grey headsets series with high-quality sound.
- In May 2019, the company Bose Corporation had launched its noise cancellation headphone as wireless Bose Earbuds 500
Ask for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-11153
Market segmentationThe global earphones market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Product Type
- In Ear
- Over Ear
Technology
- Wired
- Wireless
Application
- Music & entertainment
- Sports & fitness
- Gaming & virtual reality
Price Range
- Low
- Mid-range
- Premium Range
Sales Channel
- Wholesaler/ Distributor
- Hypermarket/ Supermarket
- Specialty Stores
- Exclusive Stores
- Online Stores
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Related Links –
https://hackmd.io/@gIcs53uxSgCBwWUrR-iMXQ/SJ2kdqUt5
https://acatpg.mn.co/posts/24293479?utm_source=manual
https://globalsocials.mn.co/posts/24293481?utm_source=manual
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/earphones-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs