The global Bluetooth headphones market share is poised to witness considerable gains over the forecast spell, given the rapid rise in product popularity. Wireless Bluetooth headphones are designed to be highly convenient and simple, two features that will contribute heavily to rising industry demand in the forthcoming years.
Wireless headphones demonstrate various key benefits, which are helping them become increasingly more popular over the years. Perhaps the most important among these benefits is the cord-free nature of these solutions, mitigating the issues that generally arise due to the tangling of wires in conventional wired headphones, and in turn accelerating global market forecast over the coming years.
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Wireless Bluetooth headphones are gaining immense sales through the online distribution channel. Shifting preference of customers towards mobile shopping apps for any time shopping and better product recommendations will stimulate wireless Bluetooth headphones market trends in the future.
E-commerce websites offer a large variety and selection of products than physical stores. Also, premium wireless Bluetooth headphones are not available with brick and mortar stores, which has escalated consumer inclination towards online sales channels. These websites also deliver advanced products at free shipping and better discounts than physical stores, which will impel wireless market growth.
Increasing sales of tablets, laptops, and smartphones in the Asia Pacific will spur market growth in the region. Asia Pacific wireless Bluetooth headphones market size is anticipated to observe a 10% CAGR over the forecast timeframe. Growing population in the APAC region and increasing disposable income in countries, such as China, Japan, India, and South Korea will play a major role in market growth.
Emerging economies are observing a marked rise in the adoption of wireless Bluetooth headphones and the development of manufacturing facilities. Offshoring centers in the Philippines and India have extensive demand for these devices, which is projected to induce significant industry demand.
Accelerating adoption of wireless Bluetooth headphones and increasing investments for technological improvements have supported the launch of several devices with advanced capabilities, such as noise cancellation and high-quality sound. For example, Plantronics, Inc., offers a variety of wireless Bluetooth headphones & earbuds with advanced features, such as lightness in design, noise cancellation, and 3D soundbar.
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From a regional perspective, the Latin American Bluetooth headphones market size is anticipated to exhibit a 15% CAGR through 2026. This growth is characterized mainly by the rising use of handheld music players by consumers in the region.
A few more companies striving in wireless market include Bang and Olufsen A/S, Apple, Inc., Beats Electronics LLC., Bose Corporation, Beyerdynamic GmbH & Co. KG, Bowers & Wilkins Group Ltd., and Jabra Corporation. Some more companies marking their presence in wireless industry are Harman International Industries, Inc., LG Electronics, Inc., Motorola Solutions, Inc., Microsoft Corporation, Koninklijke Philips N.V, Skullcandy, Inc., Sony Corporation, and Sennheiser Electronic.
Major Key Points from Table of Content:
Chapter 4 Bluetooth Headphones Market, By Product
4.1 Key trends by product
4.2.1 Market estimates & forecast, 2014 – 2026
4.3.1 Market estimates & forecast, 2014 – 2026
Chapter 5 Bluetooth Headphones Market, By Distribution Channel
5.1 Key trends by distribution channel
5.2.1 Market estimates & forecast, 2014 – 2026
5.3.1 Market estimates & forecast, 2014 – 2026
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