Integration of Advanced Technologies in Earphones Drives the Global Wireless Earbuds Market Through 2026


Posted October 11, 2021 by marketnewspoints

The Global Wireless Earbuds Market is anticipated to grow at a CAGR of around 21.5% during the forecast period, i.e., 2021-26, says MarkNtel Advisors in their research report.
 
The launch of AirPods by Apple in 2016 augmented the widespread adoption of wireless earphones among consumers.

The market growth primarily owes to the surging internet penetration, the introduction of advanced technologies like Active Noise Cancellation (ANC) & Spatial Audio, and the burgeoning number of smartphone users. Moreover, the decline in the prices of True Wireless Stereo (TWS) chipsets has also created lucrative opportunities for new companies to enter the market & offer affordable wireless earbuds.

Get the market research sample copy: https://www.marknteladvisors.com/query/request-sample/wireless-earbuds-market.html

Key Questions Answered in the Study
1. What are the current & future trends in the Global Wireless Earbuds Market?
2. How has the industry been evolving in terms of geography & service adoption?
3. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Wireless Earbuds Market?
5. What are the customer orientation, purchase behavior, and expectations from the wireless earbuds manufacturers across the globe?

The leading market players include Boat, Jabra, OnePlus, Amazon, Apple Inc., Skullcandy, Sennheiser, JBL Company, Bang & Olufsen, Sony Corporation, Bose Corporation, Cambridge Audio, Bowers & Wilkins, Koninklijke Philips NV, Panasonic Corporation, and Logitech International SA.

As per the research report, the Global Wireless Earbuds Market, based on Price, segments into:
• Low ($49 and below)
• Medium ($50 to $99)
• Premium ($100 and above)

Of these three, the market witnessed maximum sales of Premium wireless earbuds in recent years. The mounting technological advancements in earbuds and the integration of special functions like Layered Listening, Spatial Audio, & Speech Amplification augmented the demand for premium wireless earbuds.
The leading brands in this segment are Apple, Xiaomi, & Samsung, with their extensive presence in North America & Europe, mainly due to the burgeoning inclination of consumers toward earbuds with advanced technologies cited above.

On the other hand, 24-36 Hours charging longevity attained a considerable market share in the previous few years. It owes to the increasing demand for wireless earbuds among people due to hassle-free portability & superior sound quality, the launch of technologically advanced earbuds, and the burgeoning number of Chinese players in the market offering longer battery life under low prices.

Market Segmentation:
1. By Application (Smartphones, Tablets, Bluetooth-Enabled Computers, Others)
2. By Type (In-Ear, On-Ear)
3. By Usage (Music & Entertainment, Gaming, Fitness, Others)
4. By Price (Premium ($100 and above), Medium ($50 to $99), Low ($49 and below))
5. By Charging Longevity (0-24 hours, 24-36 hours, 36-48 hours, 48 hours & above)
6. By Features (Microphone Enabled, Noise Cancellation, Water Resistance, Others)
7. By End-User (Men, Women, Kids)
8. By Distribution Channel (Online, Offline)
9. By Region (North America, South America, Europe, Middle East & Africa, Asia Pacific)
10. By Country (The US, Canada, Mexico, Brazil, Argentina, The UK, Germany, France, Spain, Italy, Scandinavia, Saudi Arabia, UAE, Qatar, Israel, South Africa, China, India, Japan, South East Asia)

MarkNtel Advisors LLP is a premier market research center known for delivering thorough research, consulting, and data analytics services on the volatile market scenarios across numerous industries, including Information & Communication Technology, Consumer Goods & Retail, FinTech, Building & Construction, Automotive, Chemicals & Materials, Oil & Gas, etc., thereby enabling companies to make informed decisions and build their business strategies with clear-sightedness.
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Tags wireless earbuds market , wireless earbuds market demand , wireless earbuds market forecast , wireless earbuds market growth , wireless earbuds market outlook , wireless earbuds market share , wireless earbuds market size , wireless earbuds market value
Last Updated October 11, 2021