Bluetooth Headphones Market to Hold Revolutionary Growth Owing to Incorporation of Wireless Headsets With Smart Devices Till 2025 | Million Insights

Bluetooth Headphones Market to Hold Revolutionary Growth Owing to Incorporation of Wireless Headsets With Smart Devices Till 2025 | Million Insights

PR Newswire

FELTON, California, July 2, 2020

FELTON, California, July 2, 2020 /PRNewswire/ -- The global Bluetooth Headphones Market size is projected to touch USD 17.5 billion by 2025, according to a new report by Million Insights. The market is expected to grow at a CAGR of 12.3% over the forecast period. Introduction of advance features such as 3D sound experience, on-board storage, gesture recognition and noise cancellation is attributing to the market growth.

Growing digital transformation has led to a rise in adoption of smart home devices. Incorporation of wireless headsets with smart devices is expected to fuel market growth. Further, increasing trend of experiencing different music genre among consumers, especially millennials is also positively driving the market growth. Additionally, wireless headsets can be equipped with digital hearing aid devices, thereby, further increasing the adoption of Bluetooth headphones.

Among different products categories, the in-ear headset was the leading segment with 46.9% of the market share in 2018. Features such as biometric sensors, increased talk time, hand-free calling and enhanced sound quality are bolstering the demand for this segment. On the other hand, the over-ear segment is likely to register the significant growth rate owing to its growing demand among fitness enthusiasts and athletes.

Please click here to get the sample pdf and find more details on "Bluetooth Headphone Market" Report 2025.

Online sales channel occupied the largest market share with over 49% of the market share in 2018. Further, this sales channel is anticipated to witness the highest growth rate throughout the forecast period. The increasing trend of multi-channel retailing, growing digital penetration in emerging countries and celebrity endorsement of products through social media is positively affecting the segment growth. Further, the rapid expansion of e-commerce retailers such as eBay and Amazon in countries such as China and India is expected to proliferate the sales of wireless headphones.

Asia Pacific was the dominant market with a share of 34% in 2018. Further, the region is likely to grow at a significant rate and maintain its dominance over the forecast period. Rising popularity of jack less smartphones is a key factor driving the regional growth. Further, growing penetration of multi-branded stores coupled with increasing online retailing is expected to boost the Bluetooth headphones market growth in the region over the forecast period.

Further key findings from the report suggest:

Browse 80 page research report with TOC on "Global Bluetooth Headphones Market" at: https://www.millioninsights.com/industry-reports/global-bluetooth-headphones-market

Million Insights has segmented the global Bluetooth Headphones market on the basis of product, application, distribution channel, and region:

Read the Latest Press Releases available with Million Insights:

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Contact:

Ryan Manuel
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085
Email: sales@millioninsights.com

Web: https://www.millioninsights.com/

Follow Us: LinkedIn | Twitter

 

Voltar noticias em Inglês