Apple, Bose, Samsung, Sony, Sennheiser, Skullcandy To Dominate The Earphones & Headphones Market

CHICAGO - April 1, 2019 - PRLog -- Arizton's recent market research report on the global earphones and headphones market provides comprehensive industry and competitive analysis and trend forecasts. The study segments the market by technology (wired, wireless, and true wireless), types (in-ear, on-ear, and over-ear), features (smart and non-smart), end-users (entertainment, fitness & sports, and gaming), and geographies (APAC, Europe, North America, Latin America, and MEA).

The global earphones and headphones market is expected to reach more than $36 billion by 2024, growing at a CAGR of around 13% during 2019−2024.

Rapid advancements, including manufacturing, transmission, and portability in consumer electronics goods have laid the foundation for innovation. Headphones do not seem to be too far; they have been witnessing increased personal and commercial usage.


The top three drivers and trends driving the global earphones and headphones market are discussed below:

Innovative Headphone Manufacturing and Audio Technology

As the penetration of the internet and smartphones is increasing worldwide, the global earphones and headphones market is expected to grow, which, in turn, is expected to drive a high demand for smart accessories such as smart earphones and headphones. A few notable technological advancements in wireless headphones are active noise cancellation using microphones, enhanced range and latency in wireless headphones, higher control over ambient sounds, resistance to water and sweat. Bluetooth has become a preferred choice among OEMs as the technology has high audio quality; it has replaced wired earphones completely, thereby paving the way for wireless headphones. For instance, Beats Electronics has incorporated several features in in-ear devices, including high performance, exaggerated bass, acoustic fidelity, and fancy appearance. These advancements are driving the demand for in-ear devices and prompting other companies without an acoustic background to enter the field. The earphones and headphones industry is incredibly competitive, and this competitiveness translates to a high influx of expensive purchases, thereby propelling the growth of global earphones and headphones market.

Rising Demand for Smart Headphones in Fitness and Entertainment Sector

The global health and wellness industry has been witnessing considerable growth mainly because of the rise in lifestyle-related disorders and the growth in unhealthy food habits. The growing health-conscious population and the increasing awareness about the benefits of exercise are prompting individuals to join fitness clubs. Consumers mostly listen to music during their daily commute and fitness activities. The use of wireless headphones has been gaining high popularity over the years as they offer users the freedom to manage wires, thereby increasing their mobility. Individuals use headphones while running or during a workout because music boosts and energizes them to work out more. The growing market for fitness clubs and the rising number of actively engaged gym and fitness enthusiasts are expected to drive the growth of the global smart earphones and headphones market.

Innovations Leading to Transition of Wireless Headphones into Hearables

Market vendors have so far focused on making headphones comfortable and convenient, with the ability to eliminate external noises and deliver an immersive listening experience. Smart features in headphones mainly can initiate virtual assistants and control the audio and volume buttons due to improvements in manufacturing and audio technology. Wearables connected to the user's smartphones and applications steered the market toward smart accessories that could double the performance and carry out functions of the device that they supported. The device placed inside the ear were getting minimal traction and witnessed innovations only in the field of hearing aids. Nuheara has integrated audiometric systems into their earbuds, these are capable of adjusting themselves according to the consumer's hearing profile and enhancing the digital streams or external sounds such as television or conversations in open areas and working as intelligent hearing aids/headphones.

Apple, Bose, Samsung, Sony, Sennheiser, and Skullcandy are the leading vendors in the global earphones and headphones market.

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The complete overview of the latest market research report on the global earphones and headphones market (https://www.arizton.com/market-reports/global-earphones-a...) by Arizton is now available.

The report offers a detailed study of major trends, drivers, challenges and provides the market size and forecast for major geographical regions and key countries.