Authored By: Sarah
14 Aug 2024

 Earphone And Headphone Market Size to grow by USD 23344 million between 2024-2028

According to a research report “ Earphone And Headphone Market” by Type (In-ear, On-ear, Over-ear) Technology (Wired, Wireless, TWS) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 23344 million, at a CAGR of 10.12% during the forecast period. In the dynamic earphones and headphones market, leading manufacturers are consistently innovating and integrating advanced technologies to cater to evolving consumer preferences. For instance, Noise, an emerging wearables brand, introduced the Noise Airwave neckband earphones in January 2024, marking the launch of the country's first touch-enabled Bluetooth neckband earphones with inputs located near the end of the neckband. Furthermore, the incorporation of technologies such as augmented reality (AR), three-dimensional (3D), and artificial intelligence (AI) is driving market growth. Companies are leveraging AI to deliver personalized and unique audio experiences to users, enhancing the overall value proposition..

Browse market data tables, figures, and in-depth TOC on “Earphone And Headphone Market” by Type (In-ear, On-ear, Over-ear) Technology (Wired, Wireless, TWS) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

By Type, the In-ear segment is projected to dominate the market size in 2024

The global earphone and headphone market encompasses electronic audio devices designed to optimize users' listening experiences. Devices can connect via wired or wireless means to the source signal. This market is categorized based on type, including in-ear, on-ear, and over-ear models. In-ear earphones and headphones, which securely fit within the ear canal, have gained significant traction, particularly among fitness enthusiasts. In-ear models are further divided into wired and wireless variants. Technological innovations, such as the emergence of notch-less smartphones, are projected to drive growth in the in-ear wireless earphone segment during the forecast period.

By Technology, Wired  segment is expected to hold the largest market size for the year 2024

In the global earphone and headphone market, both established and emerging players cater to the demand for wired earphones and headphones. However, the market landscape is shifting towards wireless technology due to its convenience and aesthetic appeal. Mature markets, such as North America and Europe, have largely adopted wireless earphones and headphones. In contrast, wired options remain popular in emerging economies like India and China, where affordability is a significant factor. The middle-income demographic continues to drive demand for wired earphones and headphones, making it an essential segment within the market. Despite the trend towards wireless technology, wired options retain their relevance due to their cost-effectiveness.

North America is forecasted to hold the largest market size by region in 2024

The earphone and headphone market represents a significant revenue-generating segment within the consumer electronics industry. With the increasing trend towards remote work and virtual connectivity, the demand for high-quality audio devices has surged. Brands are investing in advanced technology, such as noise-cancellation and wireless connectivity, to cater to this growing consumer base. The market is expected to continue its robust growth trajectory in the coming years.

The Earphone And Headphone Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Apple Inc.
  • Bose Corp.
  • Bowers and Wilkins
  • GN Store Nord AS
  • Grado Labs Inc.
  • JVCKENWOOD Corp.
  • Koninklijke Philips N.V.
  • Logitech International SA
  • Matrics Inc.
  • Panasonic Holdings Corp.
  • Pioneer India Electronics Pvt. Ltd.
  • Samsung Electronics Co. Ltd.
  • Sennheiser Electronic GmbH and Co. KG
  • Shure Inc.
  • Skullcandy Inc.
  • Sony Group Corp.
  • Xiaomi Communications Co. Ltd.
  • Zound Industries International AB
.

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Research Analysis Overview

The market for wireless earphones and headphones has seen significant growth in recent years, driven by advancements in wireless technology, product miniaturization, and consumer patterns. Online content consumption on portable devices such as MP3 players, tablets, and smartphones has fueled demand for high-quality audio solutions. Two popular types of wireless gadgets are wireless earphones and headphones. Wireless earphones, also known as true wireless stereo (TWS) earbuds, offer freedom from wires and are ideal for active individuals. Brands like Sony, Apple, and Samsung offer advanced features such as noise cancellation technology, Bluetooth audio, and DSEE Extreme sound enhancement. Wireless headphones, on the other hand, provide a more immersive listening experience. Bose QuietComfort Ultra Headphones and QuietComfort Ultra Earbuds are popular choices, offering active noise cancellation and comfortable designs. Newer technologies like bone conduction and Edge-AI are also gaining traction in the market. The market for wireless earphones and headphones continues to expand, with applications in virtual reality events, human resources professionals, and virtual events. The integration of these gadgets with smartwatches and other portable devices further enhances their utility. Overall, the wireless earphone and headphone market is poised for continued growth, offering consumers high-quality audio solutions for their portable devices.

Market Research Overview

The market for wireless earphones and headphones has seen significant growth in recent years, driven by advancements in wireless technology, noise cancellation technology, and the increasing popularity of portable devices such as MP3 players, mobile phones, and tablets. Brands like Beats by Dre, Riff Wireless, Zound Industries, Sound One, and Apple's AirPods Pro have gained popularity in the wireless earphone segment, while QuietComfort Headphones and Ultra Earbuds from Bose, and Ultra Headphones from QuietComfort lead in the wireless headphone segment. Noise cancellation technology, such as active noise cancellation and bone conduction, has become a key feature for consumers in the media and entertainment industry, where online content consumption through audio players, talk shows, web series, movies, and OTT services has surged. The fitness and sports sector also drives demand for wireless earphones due to their portability and convenience. Consumer patterns have shifted towards wireless technology, with product miniaturization and connectivity range becoming essential factors. Brands are focusing on sound quality, battery life, and voice recognition solutions to meet consumer needs. The market for headphones and earphones is also expanding to include virtual reality applications, gaming, and smartwatches. The production capacities of major players like JBL, BoAt, Sennheiser, and Shure have increased to meet the growing demand. However, travel prohibitions and shutdown measures due to the pandemic have affected the market's growth. Brands are also exploring new technologies like MagSafe Charging, Adaptive Audio, DSEE Extreme, and Edge-AI to differentiate themselves in the market.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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