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Earphones & Headphones Size, Share | Industry Report 2024

09-18-2019 09:05 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ameri Research Inc.

Earphones & Headphones Market

Earphones & Headphones Market

The global earphones and headphones market was valued at $9.5 bn in 2016 and is forecast to grow at a modest CAGR of 6.5% between 2017 and 2024, culminating to global revenue of $15.4 bn by 2024.

Industry at a Glance

The global earphone & headphone industry is driven by escalating use of portable music systems, such as smartphones, tablets, and portable music players. The market is characterized by advancements and innovations resulting in the development of sophisticated noise cancellation features, which have further added to the rising popularity.

The industry dynamics are changing rapidly with the trend for affordable and compact earphones/ headphones. Technological advancements have significantly led to the development of audio solutions for fitness/sports applications. Compatibility of these devices with portable consumer electronics including tablets, smartphones, music players and other home appliances is further expected to bolster market growth.

Additionally, incorporation of several features including Wi-Fi, Bluetooth and infrared in wireless headphones is another emerging trend witnessed across the industry. The industry is also observing escalating consumer demand for high fidelity and style along with elevating adoption during workout which is anticipated to drive market growth significantly over the forecast period.

Click the link below to view the report description:
www.ameriresearch.com/product/earphones-headphones-market/
Key findings from the study: -
• Global Earphones & Headphones Market was valued at $10.1 Billion in 2015 and is estimated to grow at a CAGR of over 7% from 2016 to 2024.
• Major technological advancements in wireless technologies including Wi-Fi, SKAA, Infrared and Bluetooth are further aiding the adoption of these devices.
• Technological advancements resulting in the development of smart headphones enabled with enhanced features such as WiFi, Bluetooth, and Active Noise Cancellation (ANC) is expected to escalate demand.

Ameri Research has segmented the Earphones & Headphones Market by material categories, product type, end-use and region:

Market Segmentation
Earphones & Headphones Market, by Product (Revenue, USD Million; Volume, Million Units)
• In-ear
• Over-ear

Earphones & Headphones Market, by Price (Revenue, USD Million; Volume, Million Units)
• Less than 50 USD
• Between 50 to 100 USD
• Above 100 USD

Earphones & Headphones Market, by Technology (Revenue, USD Million; Volume, Million Units)
• Wired
• Active Noise Cancellation (ANC)
• Others
• Wireless
• Active Noise Cancellation (ANC)
• Bluetooth
• NFMI
• Smart headphones
• Others

Earphones & Headphones Market, by Application (Revenue, USD Million; Volume, Million Units)
• Fitness/Sports
• Gaming
• Virtual Reality
• Music & Entertainment

Earphones & Headphones Market, by Region (Revenue, USD Million; Volume, Million Units)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Colombia
• Middle East & Africa
• Saudi Arabia
• UAE

Browse Full Report @ www.ameriresearch.com/product/earphones-headphones-market/

Contact Us:
Ameri Research Inc.
6816 Muncaster Ct,
Tampa, FL 33625
United States.
Tel: 1-813-666-0858
Email: Inquiry@ameriresearch.com
Web: www.ameriresearch.com

About Us:
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-

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Developing a culture of collaboration and curiosity, we attract the highest caliber of likeminded people having ability to influence and shape the future.

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