Feb 14, 2019   SOURCE: PR NewsWire

Global Earphones and Headphones Market to Reach Values of $36 Billion During the Period 2018-2024- Market Research by Arizton

CHICAGO, Feb. 14, 2019 /PRNewswire/ -- According to Arizton's recent research report, the global earphones and headphones market is projected to reach values of more than $36 billion by 2024, growing at a CAGR of around 13% during 2018-2024. The market research report offers market share analysis in terms of unit volumes during the forecast period.

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Key Highlights Offered in the Report: 

    --  In 2018, more than 1 million headphones were sold per day which
        translates to almost 13 headphones per second; this is expected to
        increase by two-fold by 2024.
    --  The paradigm shift in consumer preferences for high-quality music is
        boosting the ASP of headphones.  APAC to witness an increase in ASP by
        almost 40%.
    --  An influx of true wireless headphones with language translation
        capabilities is likely to transform the global earphones and headphones
        market.
    --  The introduction of smart headphones with augmented hearing capabilities
        that act as hearing aids will boost revenues in the global market. 900
        million people are expected to have some degree hearing loss by 2050.
    --  In-ear and truly wireless headphones have a high adoption rate in
        various APAC countries due tothe concentration of global and local
        vendors. E-commerce is further propelling growth.
    --  Regional players are gaining grounds and dominance owing to the launch
        of quality products at attractive prices. This is influencing the global
        leader to offer products at competitive prices.

Key Offerings: 

    --  Market Size & Forecast by Revenue | 2018-2024
    --  Market Size & Forecast by Unit (Volumes) | 2018-2024
    --  Market Dynamics - Leading trends, growth drivers, restraints, and
        investment opportunities
    --  Market Segmentation - Detailed analysis by technology, type, features,
        end-use, and geography.
    --  Competitive Landscape - Profiling 6 key vendors and 38 prominent
        players.

Request your free sample today! https://www.arizton.com/market-reports/global-earphones-and-headphones-market#requestsample

Earphones and Headphones Market - Segmentation

This market research report includes a detailed segmentation of the market by technology, type, features, end-use, and geography.

    --  The fitness and sports segment is the fastest growing end-user in the
        global market, growing at a CAGR of more than 15% by 2024.
    --  The wireless segment dominated the market in 2018.

- Market Segmentation by Technology 

    --  Wired

o In-ear
o On-ear
o Over-ear

    --  Wireless

o In-ear
o On-ear
o Over-ear

    --  True Wireless

- Market Segmentation by Type

    --  In-ear

o Wired
o Wireless
o True Wireless

    --  On-ear

o Wired
o Wireless

    --  Over-ear

o Wired
o Wireless

- Market Segmentation by Feature

    --  Smart
    --  Non-smart

- Market Segmentation by End-use

    --  Entertainment
    --  Fitness & Sports
    --  Gaming

Earphones and Headphones Market -Geography

The global earphones and headphones market by geography is segmented into APAC, Europe, North America, Latin America, and MEA. China, South Korea, and India are the largest revenue generators in the global earphones and headphones market.

Request your free sample today!https://www.arizton.com/market-reports/global-earphones-and-headphones-market#requestsample

- Market Segmentation by Geography

    --  North America

o US
o Canada

    --  Europe

o UK
o Germany
o France
o Italy
o Nordic
o Spain

    --  APAC

o China
o South Korea
o Australia
o Japan
o India

    --  Latin America

o Brazil
o Mexico
o Chile

    --  MEA

o UAE
o South Africa

Market Size & Forecast | 2018-2024

    --  Revenues
    --  Unit (Volumes)
    --  Technology
    --  Product Type
    --  Features
    --  End-user
    --  Key Countries

Major vendors in the global market are:

    --  Apple
    --  Bose
    --  Samsung
    --  Sony
    --  Sennheiser
    --  Skullcandy

Other prominent vendors include Jabra, Bang & Olufsen, Jaybird, Motorola, Huawei, Avanca, Amkette, Asus, Audio-Technica, Beyerdynamic, Creative Technology, Denon, Grado Labs, House of Marley, JAYS, JVC Kenwood, Logitech, Monster, Panasonic, Parrot, Philips, Pioneer, Shure, Sol Republic, Turtle Beach, Urbanears, Westone Laboratories, Alphabet, Bragi, Nuheara, Rowkin, Crazybaby, Earin, Meizu, Waverly Labs, Mymanu, Toshiba, Xiaomi, and RHA.

Explore our Smart Tech vertical to know more about the industry.

Read some of the top-selling reports:

    --  Earbuds Market - Global Outlook and Forecast 2018-2023
    --  Wireless Headphones Market - Global Outlook and Forecast 2019-2024
    --  Smart Speaker Market - Global Outlook and Forecast 2018-2023
    --  Bluetooth Speaker Market - Global Outlook and Forecast 2018-2023

About Arizton:

Arizton - Advisory and Intelligence is a premium and innovation-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Mail: enquiry@arizton.com
Call: +1-312-235-2040
+1 302 469 0707

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SOURCE Arizton Advisory & Intelligence