The global smart headphones market is expected to register significant growth in the near future, attributed to increase in penetration of infotainment devices, rapid technological advancement, and upsurge in need for mobility services. However, adverse effect on hearing ability due to overuse of headphones is expected to limit the market growth. On the contrary, customer’s increasing need for convenience provides ample of growth opportunity.
The report segments the smart headphone market based on type, distribution channel, and region. On the basis of type, the market is divided into in ear, on ear, and over ear. Depending on distribution channel, it is classified into online and offline. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Bose Corporation, Apple Inc., Sennheiser Electronic, Sony, Skullcandy, Samsung Electronics, Bragi, LG Electronics, Intel Corporation and Koninklijke Philips N.V. and others.
KEY BENEFITS FOR STAKEHOLDERS
This study comprises analytical depiction of the global smart headphone market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
BY TYPE
In Ear
On Ear
Over Ear
BY DISTRIBUTION CHANNEL
Online
Offline
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY MARKET PLAYERS PROFILED
Bose Corporation
Apple Inc.
Sennheiser Electronic
Sony Corporation
Skullcandy
Samsung Electronics
Bragi
LG Electronics
Intel Corporation
Koninklijke Philips N.V.
Table of Contents
Executive Summary
According to a recent report published titled, Global Smart Headphone Market by type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global smart headphone market was valued at $5,033.8 million in 2017, and is projected to reach $21,809.5 million by 2025, growing at a CAGR of 20.2% from 2018 to 2025.Presently, Asia-Pacific dominates this market. In 2017, Chi registered the highest growth in Asia-Pacific. Similarly, the UK led the overall smart headphone market in Europe in 2017. In the same year, the U.S. dominated the North America market.
In 2017, based on type, the in ear type was the dominant segment, in terms of revenue, and is anticipated to continue this trend during the forecast period. However, based on distribution channel, offline segment dominated the global market in the same year.
The key factors that drive the growth of the global market include increase in penetration of infotainment devices, rapid technological advancement, and surge in need for mobility services. However, adverse effect on hearing ability owing to excess use of headphones is expected to limit the market growth. Moreover, customers increasing need for convenience provides ample of growth opportunity.
Key Findings of the Smart Headphone Market:
On the basis of type, the in ear led the smart headphone market in the year 2017.
The offline distribution channel dominated the global smart headphone market in 2017.
The Asia-Pacific region held the majority of market share in 2017.
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
Companies Mentioned
- Bose Corporation
- Apple Inc.
- Sennheiser Electronic
- Sony Corporation
- Skullcandy
- Samsung Electronics
- Bragi
- LG Electronics
- Intel Corporation
- Koninklijke Philips N.V.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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