The global wireless earbuds market size is expected to reach USD 14.23 billion by 2028 at a CAGR of 15.2%, according to a new report by Emergen Research. Market revenue growth is majorly supported by wider access to the Internet, growing use of smartphones with advanced features functionalities, emergence of advanced wireless technologies, and rising disposable incomes of consumers, especially in developing nations such as India and China. Other key factors driving market growth are rising demand for wireless earbuds among students and the working population, growing trends of work from home and online schooling in the pandemic era, and increasing availability of wireless earphones at highly affordable prices, manufactured by companies such as Oppo, Vivo, and Xiaomi. Furthermore, escalating demand for high-end music & entertainment devices, mainly among the younger population, emergence of advanced technologies such as ANC (active noise cancellation), and rising demand for wireless earbuds that are highly compatible with intelligent virtual assistants including Alexa, Siri, Cortana, and Google Assistant have further boosted the global market growth over the recent past.
The global health crisis has gravely affected the Wireless Earbuds industry, disrupting the global supply chains and bringing about volatility in prices and product demand. However, industry experts believe that the global Wireless Earbuds market will regain traction in the post-COVID scenario. The report further offers a preliminary and a future assessment of the pandemic’s impact on this lucrative business space.
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Key companies profiled in the report include:
Apple Inc., Bose Corporation, Sony Corporation, Samsung Electronics Co., Ltd., Beats Electronics LLC, Jabra, Sennheiser electronic GmbH & Co. KG, SoundMAGIC, Cambridge Audio, and Master & Dynamic
Key Questions Answered by the Report:
What are the key product types and applications of the Wireless Earbuds industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Wireless Earbuds market?
How is the competitive landscape of the Wireless Earbuds market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Wireless Earbuds Market by 2027?
Click to access the Report Study, read key highlights of the Report and Look at Projected Trends:https://www.emergenresearch.com/industry-report/wireless-earbuds-market
Market Segmentation
-
Application Outlook (Revenue, USD Billion; 2018–2028)
- Fitness
- Gaming
- Music & Entertainment
- Virtual Reality
-
Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
- Online Platforms
- Retail Offline Stores
-
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Commercial
- Consumer
- Others
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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