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Smart Headphone Market Size, with Industry Share, Growth, Trends Analysis by 2031 | Bose Corporation, Apple Inc., Sony, Samsung Electronics

01-09-2023 03:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Smart Headphone Market Size, with Industry Share, Growth,

The global smart headphone market size was US$ 9.9 billion in 2021. The global smart headphone market size is forecast to reach US$ 50.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 20.1% during the forecast period from 2022 to 2030.

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A smart headphone is a device's primary function of listening to audio signals and performs many other tasks, such as fitness and heart rate monitoring, voice-based personal assistants, contextual location-based suggestions, environment-based noise suppression or audio enhancement, and gesture and touch-based control.

Factors Influencing Market Growth
The growing adoption of wireless devices with incorporated music player drive the global market.

The emergence of lightweight devices paired with advanced audio solutions and innovations, including laser technology is forecast to offer lucrative opportunities for the global market.

The adverse impact on hearing ability owing to the overuse of headphones may slow down the overall market growth.

The increasing penetration of smart devices and the rising number of tech-savvy consumers boost the global market growth.

The growing levels of urbanization and the rising per capita disposable incomes fuel the global market growth.

Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Several governments worldwide imposed a lockdown in order to curb the virus from spreading. As a result, this hampered global supply networks for key electrical brands. The majority of the world's producers and exporters of various electronic input materials, which go into creating final electronic products, are located in China. There is currently a demand-supply gap for electronic items as a result of the production stoppage in China, which led other electronic manufacturers to temporarily suspend the creation of finished goods.

Regional Analysis
Europe garnered a substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the increasing demand for smart electronics and rising people's purchasing power. In addition, technological improvements, rising consumer electronics standards, and growing sales of IoT products. Thus, these factors drive regional market growth.

The Asia Pacific region is forecast to have considerable growth during the forecast period. As a result of the rising spending on expensive electronic accessories, accessibility of low-cost sensors, and other connectivity components used in headphones. Thus, these factors boost the market growth in the region.

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Leading Competitors

The leading prominent companies profiled in the global smart headphones market are:
Bose Corporation
Apple Inc.
Sony
Samsung Electronics
JBL
LG Electronics
Sennheiser Electronic
Skullcandy
Bragi
Koninklijke Philips N.V.
Other Prominent Players

Scope of the Report

The global smart headphones market segmentation focuses on Type, Distribution Channel, and Region.

Segmentation based on Type
In-Ear
On-Ear
Over-Ear

Segmentation based on Distribution Channel
Online
Offline

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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Meta Title: Smart Headphones Market Size, Share, Insight, and Forecast 2022 to 2030
Meta Description: Global Smart Headphones Market is projected to reach US$ 50.1 billion by the end of 2030 from US$ 9.9 billion in 2021, at a CAGR of 20.1%
Meta Keywords: smart headphones market Size, smart headphones market share, smart headphones market trend, smart headphones market Forecast, smart headphones market insight

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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