Wireless Earphone Global Market – Overview
The global wireless earphone market is showing immense growth; mainly due to the increasing demand for advanced technologies and product innovations. Wireless earphones rely much on bluetooth technology for its connectivity and is integrated with mic, remote for volume, and playback control. Growing demand for gaming and virtual reality applications is one major factor driving the growth of wireless earphone market. Technological advancements have played a major role in the development of wireless earphone market. Steep increase in the adoption of smartphones is one major factor driving the growth of wireless earphone market.
Sennheiser electronic GmbH & Co. KG, Bragi, Sony Corporation, Logitech, Shure, Koninklijke Philips N.V., Bose Corporation, Beats Electronics and Apple Inc. are the major investors in the wireless earphone market. Growing urbanization and improved style of living of people is another factor fuelling the growth of Wireless Earphone Market. Also, increasing demand for wireless technology is one major factor responsible for driving the growth of the market. Moreover, increasing adoption of smartphones, laptops and tablets is expected to drive the growth of wireless earphone market.
By technology, bluetooth sub segment is expected to hold the largest market share of the global wireless earphone market. This is owing to the increasing adoption of smartphones and tablets which can easily connect wireless earphones through bluetooth technology. Also, by application, virtual reality and gaming sub segment is expected to grow at the highest rate owing to the growing popularity of virtual reality and gaming devices. According to a recent study report published by Market Research Future, the global market of Wireless Earphone is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4575
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.
Segments:
The global wireless earphone market has been segmented on the basis of component, technology, point of sale, applications and region.
Global Wireless Earphone Market By Component:
- Hardware
- Software
- Services
Global Wireless Earphone Market By Technology:
- Wi-Fi
- Bluetooth
- NFC
- Others
Global Wireless Earphone Market By Point Of Sale:
- Multi-Brand Electronic Stores,
- Exclusive Showrooms,
- Hypermarket/Supermarket Stores,
- Online Sales Channel
- Others
Global Wireless Earphone Market Applications:
- Music & Entertainment
- Sports & Fitness
- Gaming & Virtual Reality
- Others
Global Wireless Earphone Market By Regions:
- North America
- Europe
- APAC
- Rest Of The World
Regional Analysis
The regional analysis of wireless earphone market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in wireless earphone market as the wireless earphone are widely used among music & entertainment, sports & fitness, gaming & virtual reality and others. The wireless earphone market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for wireless earphone market and expected to be the highest CAGR in the coming years.
Get Complete Report @ https://www.marketresearchfuture.com/reports/wireless-earphone-market-4575
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.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/wireless-earphone-market-4575