The market for Wireless Headphones is expected to reach US$ 13.55 Bn in 2026.
The wireless headphones market was valued at US$ 13.55 billion in 2017 and was expected to grow at a 7.9% CAGR from 2017 to 2026. The demand for wireless headphones has been on the rise in recent years. The ease of use and improved functionalities are viewed as important factors in this demand growth. The perpetually growing smartphone market is another prominent factor driving the market for wireless headphones. Growing demand for gaming and virtual reality applications are the other factors supporting market growth.
In terms of distribution channels, the online distribution channel is expected to witness the fastest growth during the forecast period from 2018 to 2026. The acceptance and penetration of e-commerce in recent years have grown substantially, a factor complementing the growth of the online segment. Moreover, attractive offers, faster delivery, and wide availability of products are some of the other important factors supporting the segment.
Rising net disposable income coupled with changing lifestyle patterns would help the Asia Pacific market register the fastest growth during the forecast period from 2018 to 2026. In recent years, the region has seen a rapid proliferation of smartphones, which has contributed to the market's growth. India and China are expected to be important markets for wireless headphones in the coming years.
The report elucidates the detailed outline of the global wireless headphones market by categorizing the market in terms of product type, functionality, distribution channel, and geography.
Key players profiled in the report include Apple, Inc., Sony Corporation, Samsung Electronics, JBL, Bose Corporation, Philips, Beats Electronics, Skullcandy, Sennheiser, Jabra, and Shure, among others.
The market for Wireless Headphones is expected to reach US$ 13.55 Bn in 2026.
The Wireless Headphones market is expected to see significant CAGR growth over the coming years, at 7.9%.
The report is forecasted from 2018-2026.
The base year of this report is 2017.
Apple, Inc.,Sony Corporation,JBL,Samsung Electronics,Bose Corporation,Philips. are some of the major players in the global market.