Understanding Market Trends: Growth Drivers in the Earphones and Headphones Industry

New York, NY 11 May 2021: According to a new report published by Polaris Market Research the earphones and headphones market is anticipated to reach over USD 16,563 million by 2026.

In 2017, earphones dominated the global market, in terms of revenue.

Growth in sales of smartphones coupled with the increasing need for mobility services has significantly increased the demand for earphones and headphones.

The major players in the market have developed advanced wireless headphones and earphones to cater to the growing requirements of consumers and their changing preferences.

Additionally, the demand for earphones and headphones has increased in the global market owing to features such as high-definition sound quality, portability, flexibility, and ease of connectivity.Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/earphones-and-headphones-market/request-for-sampleA significant growth in demand for wireless earphones and headphones has been registered over the years owing to convenience, portability, and high-definition sound quality.

Consumers need convenience and on-the-go services, and opt for wireless earphones and headphones for audio communication and related applications.

The global earphones & headphones market size is expected to reach USD 15.80 billion by 2025 registering a CAGR of 5.9%, according to a study conducted by Radiant Insights, Inc.

Rising usage of smartphones, tablets, and other handheld electronic devices is expected to be the key factor driving the market.

Growing demand for affordable products equipped with advanced features has compelled manufacturers to focus more on innovation and product differentiation.

For instance, in October 2018, Bose Corporation introduced its Bose SoundSport Pulse wireless headphones, which can be paired with Bluetooth, are sweat proof, and are capable to track heartrate while performing any activities at the gym.

Further key findings from the study suggest: • Wired technology is expected to be the largest segment over the forecast period due to growing usage of smartphones and tablets • North America captured a substantial portion of the earphones & headphones market, which is primarily attributed to the high market penetration and technological advancements.

This is primarily attributed to the growing demand for wireless earphones • The market is highly competitive and fragmented marked by the presence of prominent companies, such as Apple, Inc.; JVC; Sony Corp.; Skullcandy, Inc.; Bose Corp.; Sennheiser Electronic; and Shure Inc. Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/earphones-and-headphones-market Table of Contents Chapter 1.

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Rapid growth in music industry and shifting trend towards personalized experience is expected to drive the market growth of earphones & headphones over the forecast period.

Globally, the earphones & headphones industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/earphones-headphones-market/request-sample The key driving factors responsible for the growth of Earphones and Headphones market : Introduction of Bluetooth headphones and increasing demand for in-ear headphones are propelling market demand for earphones and headphones over the forecast period.

The recent technological advancement in the wireless communication sector coupled with development of innovative design are expected to offer lucrative growth opportunities for industry players over the next seven years.

Moreover, development of live music streaming on portable devices to cater evolving music & entertainment industry is fostering industry expansion over the coming years.

Growing purchase of smartphones, tablets and portable music players across the globe is a key market trend, driving industry growth in the past few years.

We all want to enjoy each moment, and good music seems to be the cherry on top of the cake.However, it all depends on the quality of the music that your earphones, headphones, or speakers produce.

That's why you should carefully choose your audio equipment that produces excellent sound.

And here's a list of things that you need to consider before picking up the superior quality of headphones or earphones that will never disappoint you with their sound quality.Bass and sound quality: We know how important it is to have a headphone or an earphone that produces massive Bass, but good earphones or headphones should reproduce audio as was created.

But you need to know what you are looking for and how valuable it is.

Maybe an audio brand offers a feature for Rs 20000, which is available with some other brand for just Rs.

In case your connection with your smartphone's Bluetooth drops while using, you should consider buying a better product that might be a little bit costlier but will be reliable enough to give you better connectivity than the cheap ones.Battery: Certainly, the most important but the most neglected part of any wireless audio device is its battery.

Earbuds are, of course, those tiny little pods that you insert into your ears to help you escape the real world into a world of music.

They became hugely popular in the first decade of the twenty-first century, to the point where they supplanted headphones, the longtime music-listening favorites, Best Earbuds and Wireless Earphone Deals.https://www.bloglovin.com/@aliab9/best-bluetooth-earbuds-earphones-in2020

4-july-19 The global earphones and headphones market increasing adoption of earphones/headphones during a workout is primarily expected to drive the earphones & headphones market growth over the coming years.

Further, availability of advanced features and the surge in replacement market is anticipated to fuel their demand over the next seven years.The music & entertainment industry has flourished, significantly, over the past years.

Live music streaming on portable devices, including smartphones and music players, has completely evolved the economy of the global music industry.

The music & entertainment industry has marked its presence with technological advancements and has catered the global accessory market, such as earphones and headphones market, to witness positive growth.Grasp advance knowledge on Earphones and Headphones Market:- https://www.radiantinsights.com/research/earphones-and-headphones-marketFurther key findings from the report suggest:• The in-ear or earphones captured a revenue share exceeding 4.0 billion in 2015 and the segment is expected to exhibit healthy growth over the forecast period, owing to the growing adoption of tablets & smartphones• The over-ear segment is also expected to gain traction over the forecast period with the increasing demand for headphones across the music & entertainment and sports & fitness applications• Wireless earphones & headphones are expected to be the next big thing in the industry.

and accounted for a significant share in 2015, a trend expected to continue over the forecast period.• The sports & fitness application segment is anticipated to witness increased adoption, owing to the rising popularity and adoption of mobile devices including smartphones, tablets, and portable music players• Asia Pacific dominated the market in 2015 with a revenue exceeding 2.0 billion.

The increasing consumer disposable incomes, particularly in India and China, are expected to positively impact market growth over the coming years.• The key purveyors in the earphones & headphone industry comprise JVC, Skullcandy, Sony Corp, Sennheiser Electronic, Shure, Inc., and Bose Corp, who emphasize on maximizing product differentiation as a part of their strategyTable of ContentsChapter 1.

The market study on Global Earphones and Headphones Market report is collected with the assistance of imperative contributions from the experts operating in the global industry.Global Earphones and Headphones Market industry valued approximately USD 9.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.14% over the forecast period 2017-2025.

The major factors driving the growth are rising need for Earphones and Headphones worldwide, growing use of these products in the corporate sector, mainly in the call center industry for telecommunication purposes and demand of portable music.The intelligent report additionally gives data about the market overview, scope, future outlook, estimations and applicable data, essential growth factors, factors driving the development of the market.The report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.The Key manufacturers involved in the market Sony, Sennheiser, Skullcandy, Harman, Philips, Shure, JVC, Plantronics Pty Ltd., GN Netcom (Jabra), Bose Corporation, Audio-Technica Corporation, and Beats Electronics (Apple, Inc.).Earphones & Headphones industry has largely experienced technological advancements such as metal drivers, cordless designs, noise cancellation etc.

For instance, rising demand for wireless products is likely to lead the whole industry and the manufacturers are expected to offer better wireless earphones with active noise cancellation.

Such advancements will drive the market growth in the coming years.The report covers the present scenario and the growth prospects of the Earphones and Headphones market to calculate the market size, the report considers the revenue generated from the sales of market.

The report also provides in-depth analysis about market competition and positioning of key market players along with their market winning strategies.The Global market can be split based on product types, major applications, and important regions.Request for Sample Report @  https://www.indexmarketsresearch.com/report/global-earphones-and-headphones-market/4919/#requestforsampleEarphones and Headphones Market research report is to describe industry size of various segments and countries in prior years and to estimate the accompanying five years.

The report is expected to contain each subjective and quantitative segments of the business substances including share, measure as for each regions and countries in light of the appraisal of the improvement development.