Smart Headphone Market Global Industry Size, Share, Segment, Opportunities, Emerging Trends and Forecast To 2025

Global Smart Headphone Market by type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global smart headphone market was valued at $5,033.8 million in 2017, and is projected to reach $21,809.5 million by 2025, growing at a CAGR of 20.2% from 2018 to 2025.

Presently, Asia-Pacific dominates this market. In 2017, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall smart headphone market in Europe in 2017. In the same year, the U.S. dominated the North America market.

Allied Market Research recently published a report titled, “Smart Speaker Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.

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Smart Speaker Market Competitive Analysis:

Leading market players profiled in the global Smart Speaker Market report include Amazon.com, Inc., Apple, Inc., Alibaba Group, Alphabet Inc. (Google Inc.), Sonos, Inc., Bose Corporation, Xiaomi, Samsung Electronics Co. Ltd., Baidu Inc., and Plantronics, Inc. (Altec Lansing/AL Infinity, LLC)

These players have adopted several strategies including joint ventures, expansions, mergers & acquisitions, collaborations, and new product launches to strengthen their position in the industry.

Covid-19 Impact on the Global Smart Speaker Market:

Smart Speaker Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.

COVID-19 Scenario:

Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.
However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.

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Smart Speaker Market Segmentation:

The report provides segmentation of the global Smart Speaker Market. The major segments in the report are studied on the basis of p type of intelligent virtual assistant, end user, price, distribution channel and regions. Along with this, it also involves the tables based on extensive analysis of sales, revenue, growth rate, and revenue share of each for the historic as well as forecast period.

The key factors that drive the growth of the global market include increase in penetration of infotainment devices, rapid technological advancement, and surge in need for mobility services. However, adverse effect on hearing ability owing to excess use of headphones is expected to limit the market growth. Moreover, customers increasing need for convenience provides ample of growth opportunity.

Smart Speaker Market Geographical Analysis:

The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.

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Key Findings of the Smart Headphone Market:

On the basis of type, the in ear led the smart headphone market in the year 2017.

The offline distribution channel dominated the global smart headphone market in 2017.

The Asia-Pacific region held the majority of market share in 2017.

LAMEA is anticipated to exhibit the highest CAGR during the forecast period.

Smart Speaker Market Key SEGMENTS:

By Intelligent Virtual Assistant

Amazon Alexa
Google Assistant
Siri
Cortana
Others (AliGenie, Xiaomi Al Assistant, DuerOS, SKT NUGU, Naver Clova, and Kakao)

By End User

Personal
Commercial

By Distribution Channel

Online
Offline

By Price

Low (Less than 100)
Mid ($101 to $200)
Premium (Above $200)

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porters five forces analysis

3.3.1. Moderate to High bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. High threat of substitutes
3.3.4. Moderate to high intensity of rivalry
3.3.5. Moderate to high bargaining power of buyers

3.4. Market share analysis (2017)
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Proliferation of smart home devices.
3.5.1.2. Increasing demand for multifunctional devices.
3.5.1.3. Rise in disposable income and greater inclination towards technological products among millennials

3.5.2. Restraint

3.5.2.1. Privacy and security concern
3.5.2.2. Localization of languages

3.5.3. Opportunities

3.5.3.1. Establishment of 5G infrastructure
3.5.3.2. Advancement of Natural Language Processing (NLP)

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