The headsets market is estimated to reach approximately
USD 20,465.7 million by 2024, according to a new study conducted by Grand View
Research, Inc. The rise in the disposable income is remarkably driving the
demand for application-specific headsets. The increase in consumer spending for
consumer electronic products has significantly spurred the market growth. The
growing demand for improved design and style is anticipated to favorably impact
the industry growth. In addition to this, increasing popularity and adoption of
smartphones, portable music players, laptops, tablets, and other mobile devices
are expected to catapult the industry growth prospects.
Enhanced audio quality acoustics offered by in-ear products is
substantially bringing traction in this industry. The advent of innovative
technologies such as Bone Conduction, Near-field Magnetic Inductance (NFMI)
Technology, and Design Improvements has led the market to gain traction
globally.
Full Research Report On Headsets
Market Analysis:
http://www.grandviewresearch.com/industry-analysis/headset-market
http://www.grandviewresearch.com/industry-analysis/headset-market
Further key findings from the study suggest:
·
The in-ear product segment is projected to
gain momentum over the forecast period. The segment was valued at approximately
USD 5,162.4 million in 2015 and is projected to reach approximately USD 9,616.7
million by 2024, expanding at a CAGR of 7.2% from 2016 to 2024.
Miniaturization, portability, and better comfort are the key advantages
impelling the growth of in-ear headsets segment.
·
Headsets within the pricing range of USD
50-100 are predicted to witness a high demand during the forecast period. This
is mainly due to the introduction of cost-effective quality products within
this segment. This segment demand was valued at 95.0 million units in 2015 and
is expected to grow at a CAGR of 12.4% from 2016 to 2024.
·
The commercial application segment is
experiencing significant growth owing to the increasing adoption of headsets in
BPO enterprises and the media and entertainment industry. The growing demand
for enhanced user experience while playing PlayStation or high-quality graphics
games on mobile applications has increased the demand for gaming and VR headsets
as it stands today. The trend is likely to continue over the forecast period.
·
The Asia Pacific region is estimated to be
the key market over the forecast period, owing to the increasing demand for
headsets in countries such as China, India, and Japan. The availability of
low-cost headsets from regional manufacturers is impacting the growth of the
market positively. Additionally, the availability of affordable headsets
manufactured byte leading players in order to remain competitive has also
bolstered the market growth in this region. The growing competition among the
third-party e-commerce channels (backed with large pockets venture capitals) is
another key factor fueling the industry growth.
·
The key vendors dominating the industry
include Apple, Inc., Sennheiser Electronic GmbH & Co. KG, Sony Corporation,
Bose Corporation, JVC Kenwood Corporation, Alclair Audio, Harman International
Industries, Inc., and Panasonic Corporation
View More Reports
Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the global headsets market based on
product, price, technology, application, and region:
Headsets Product
Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
·
In-ear
·
Over-ear
Headsets Price
Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
·
< 50
·
50-100
·
> 100
Headsets Technology
Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
·
Wired
o ANC
o Others
·
Wireless
o ANC
o Bluetooth
o NFMI
o Smart Headphones
o Others
Headsets
Application Outlook (Revenue (USD Million), Volume (Million Units), 2013 -
2024)
·
Personal
o ANC
o Others
o Fitness/Sports
o Gaming
o Virtual Reality
o Casual
·
Commercial
o Commercial
o Media and Entertainment
o BPO Enterprises
o Professional
Headsets Regional
Outlook (Revenue (USD Million), Volume (Million Units), 2013 - 2024)
·
North America
o U.S.
o Canada
·
Europe
o UK
o Germany
·
Asia Pacific
o China
o India
o Japan
o South Korea
·
Latin America
o Brazil
o Mexico
·
The Middle East and Africa
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Report By Grand View Research:
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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