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Smart Headphone Market 2020 - 2030: Future Business Development Strategies by Product Experts from Bose Corporation, Sennheiser Electronic, Apple Inc., Skullcandy, Sony, LG Electronics, Samsung Electronics, Bragi, JBL (Harman International Industries, Inc

04-28-2020 11:21 AM CET | Media & Telecommunications

Press release from: Allied Market Research

Smart Headphone Market 2020 - 2030: Future Business Development

The global smart headphone market generated $6.01 billion in 2018 and is expected to reach $21.80 billion by 2025, accounting a CAGR of 20.2% from 2018 to 2025. The report provides a detailed analysis of key investment pockets, competitive intelligence, changing market dynamics, major segments, and leading market players.

The rise in penetration of infotainment devices, technological advancements, and rise in need for mobility services drive the growth in the market. However, fatal effects on hearing ability owing to overuse of devices limit the growth in the market. On the other hand, a rise in need for convenience among consumers creates new opportunities in the industry.

Get detailed COVID-19 impact analysis on Smart Headphone: https://www.alliedmarketresearch.com/request-for-customization/4755?reqfor=covid

In-ear segment to lead throughout the forecast period

Based on type, the in-ear segment accounted for more than half of the total market share in 2018 and is expected to lead throughout the forecast period. On the other hand, the over-ear segment is estimated to register the fastest growth rate, with a CAGR of 22.6% from 2018 to 2025. The report also analyzes the on-ear segment.

An offline segment to continue its dominance by 2025

On the basis of the distribution channel, the offline segment held the major share, contributing more than three-fourths of the total market in 2018, and is estimated to continue its dominance by 2025. However, the online segment is estimated to register a CAGR of 21.4% during the forecast period.

Download Report Sample (Tables, Figures with Insights): https://www.alliedmarketresearch.com/request-sample/4755

Asia-Pacific to contribute the highest share throughout the forecast period

Asia-Pacific contributed to nearly one-third of the total market share in terms of revenue in 2018 and is estimated to contribute the highest share throughout the forecast period. On the other hand, LAMEA is estimated to register the highest growth rate with a CAGR of 23.0% from 2018 to 2025. The research also explores North America and Europe regions.

Key market players

The research explores key market players including Bose Corporation, Sennheiser Electronic, Apple Inc., Skullcandy, Sony, LG Electronics, Samsung Electronics, Bragi, JBL (Harman International Industries, Incorporated), Koninklijke Philips N.V., and others. They have adopted various strategies such as expansions, new product launches, collaborations, partnerships, joint ventures, and others to gain a strong position in the industry.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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