Press release
Wireless Earphone Market 2018 Global Leaders Analysis: Skullcandy, Shure Incorporated, Jabra, Rowkin LLC, Harman International Industries, Leaf Ear, Zebronics India
Market Scenario
The companies such as Apple Inc. (U.S), Samsung Group (South Korea), Harman International Industries (U.S), Philips N.V (Netherlands), Skullcandy Inc. (U.S), Motorola, Inc. (U.S), are the leading providers of wireless earphone in the market. In Sept, 2017, Shure Inc. has introduced new Wireless Earphone solutions in the market. These wireless earphones can be access through Bluetooth technology. It is integrated with mic, remote for volume, playback control and others.
The wireless earphone is next technological revolution in consumer electronics. Consumption of smart devices such as smartphones, laptops, and others, are boosting the market growth of wireless earphones. It is growing with increasing demand of wireless technology in the market. The companies are gaining revenue growth in this market due to its low cost and user friendly features which is propelling the market growth.
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The global Wireless Earphone Market are bifurcated on the basis of component, technology, application and region. The components are segmented into hardware, software, service. The technology are segmented into Wi-Fi, NFC, Bluetooth and others. The application are segmented music & entertainment, sports & fitness, gaming & virtual reality and others. The point of sale is bifurcated into multi-brand electronic stores, exclusive showrooms, hypermarket/supermarket stores, online sales channel and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The global wireless earphone market is expected to grow at USD ~2.61 Billion by 2023, at ~6% of CAGR between 2017 and 2023.
Global Wireless Earphone Market Segmentation:
• By components, the global wireless earphone market has been segmented into hardware, software, and, service.
• By technology, the market for wireless earphone is segmented into Wi-Fi, NFC, Bluetooth, and, others.
• By application, the wireless earphone market has been segmented into music & entertainment, sports & fitness, gaming & virtual reality, and, others.
• By point of sale, the market has been segmented into multi-brand electronic stores, exclusive showrooms, hypermarket/supermarket stores, online sales channel, and, others.
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.
Regional Analysis:
By region, the market for wireless earphone has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). North America market will hold a significant share in the market owing to the early adoption of the technology coupled with increasing demand. The wireless earphones are widely used across all the verticals such as music & entertainment, sports & fitness, gaming & virtual reality, etc. Some of the major players of the market are based out of this region, mostly the U.S. which is one of the major contributors in this region. The large-scale penetration of market by smartphones, tablets, and other electronic gadgets has amplified the demand for wireless earphones in Europe market. The market in this region exhibits salient growth across the projection period. Other factors responsible for the growth of market in this region are adoption of next-gen technology, bullish trend in the music industry, etc.
The Asia Pacific region is the largest emerging market for wireless earphones. It will receive major revenue contributions from countries like China, India, Japan, etc. This region will see growth in both demand and supply, thereby, multiplying the revenue generation during the assessment period. The Asia Pacific region will grow at the highest CAGR from 2017 to 2023. The growth of the global market will accelerate the demand in Middle East & Africa market.
Competitive Dashboard:
The competitive landscape of global wireless earphone market is flocked with both established players and new entrants. The competition is intensifying with the players focusing on amplifying market share through mergers & acquisitions, collaborations, innovation in production technology, responding to changing consumer behavior, etc. Some of the prominent market players profiled by MRFR in its report are Samsung Group (South Korea), Philips N.V (Netherlands), Motorola, Inc. (U.S), Apple Inc. (U.S), Harman International Industries (U.S), and, Skullcandy Inc. (U.S).
Apple has recently announced the launch of assistive hearing technology under Live Listen feature where with iPhone acts as a directional microphone for audio pickup and transmission. It amplifies hearing experience for users in noisy places. The feature will be compatible with iOS 12. With Live Listen, users can place their iPhone near a subject or sound source to home in on target audio, boosting fidelity in noisy environments.
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Intended Audience
• Wireless earphone Manufactures
• Wireless earphone service providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
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.
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