Market Research Future published a research report on “Wireless Earphone Market Research Report – Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – April 18, 2019 —
The report that is recently published by Market Research Future (MRFR) projects that the global wireless earphone market will grow at 6% CAGR with a market valuation of USD 2.61 Bn by 2023. The disadvantages of wired earphones such as wire entanglement, wearing out of wires, etc. have catapulted the demand for wireless earphones.
The convenient and user-friendly features offered by the wireless earphones such as access through Bluetooth technology, infused microphone, volume control, etc. without the hassle of managing wires is one of the key drivers of the market. The widespread usage of smartphones, tablets, etc. is incessantly accelerating the demand for wireless earphones among all industries such as music & entertainment, sports & fitness, gaming & virtual reality, etc. The booming global music industry is also driving the growth of the market coupled with embracement of wireless technology. The prominent factors responsible for the revenue generation by the key players are lower price, and, easy adoption of technology.
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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.
The global Wireless Earphone Market has been segmented on the basis of component, technology, point of sale, applications and region.
Global Wireless Earphone Market By Component:
Global Wireless Earphone Market By Technology:
Global Wireless Earphone Market By Point Of Sale:
• Multi-Brand Electronic Stores,
• Exclusive Showrooms,
• Hypermarket/Supermarket Stores,
• Online Sales Channel
Global Wireless Earphone Market Applications:
• Music & Entertainment
• Sports & Fitness
• Gaming & Virtual Reality
Global Wireless Earphone Market By Regions:
• North America
• Rest Of The World
The regional analysis of wireless earphone market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in wireless earphone market as the wireless earphone are widely used among music & entertainment, sports & fitness, gaming & virtual reality and others. The wireless earphone market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for wireless earphone market and expected to be the highest CAGR in the coming years.
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• 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
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.
Name: Abhishek Sawant
Organization: Market Research Future
This news is published on Reuters.