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.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Wireless Earphone Market Research Report -Forecast to 2023”.
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.
Wireless Earphone Global Market – Competitive Analysis
The market of wireless earphone appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
Wireless Earphone Global Market – Segmentation
The wireless earphone market can be classified into 5 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Component: Comprises of Hardware and Software
- Segmentation by Technology: Comprises of Wi-Fi, Bluetooth, NFC and Others
- Segmentation by Point of Sale: Comprises of Multi-Brand Electronic Stores, Exclusive Showrooms, Hypermarket/Supermarket Stores, Online Sales Channel and Others
- Segmentation by Application: Comprises of Music & Entertainment, Sports & Fitness, Gaming & Virtual Reality and Others
- Segmentation by Region: Comprises of Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Wireless Earphone Global Market – Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the wireless earphone market in North America owing to the presence of a large number of established key players such as Shure (U.S.), Bose Corporation (U.S.), Beats Electronics (U.S.), Apple Inc. (U.S.), and Skullcandy, Inc. (U.S.) among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand for wireless technologies in the region. Wireless earphone market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 owing to growing demand for advanced technologies and increased urbanization in China, Japan, and India in the region. Whereas, the Europe market for wireless earphone is expected to grow at a considerable CAGR (2017-2023).
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TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…
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