Global Wireless Headphone Market

The global wireless headphones market is generated to make over $34 billion by 2014. Currently, we are witnessing newer and better technology than ever with active head tracking, biometric monitoring, 3D surround sound, etc.As people are more adapted to the internet and phones, it can create a big market for headphone makers. Consumers become fueled at the newest technology of wireless headphones as it allows them to use them for working out, hands-free calling, audiobooks, etc.

With new wireless headphones hitting the market, it can cause consumer preferences and want them to change to wireless.
The evolution of the music industry and streaming services also allows for the wireless headphones market to rise as more consumer find the products more convenient. Other factors include smart technology and Bluetooth. The increasing compatibility with personal electronics as well as the incorporation of wireless headphones in health and fitness can positively impact the market. The earphones market accounted for the majority of the 2016 shipments greatly due to the fact of the rising demand for electronics, as smartphones and earphones are complementary goods.

As wireless headphones features seem to improve year by year, what can we expect to come from them in the next 10 years?

Sources:https://www.prnewswire.com/news-releases/the-global-wireless-headphones-market-is-anticipated-to-generate-revenues-of-around-34-billion-by-2024-300781565.html
https://www.prnewswire.com/news-releases/global-earphones-and-headphones-market-to-reach-values-of-36-billion-during-the-period-20182024--market-research-by-arizton-300795642.html

Comments

  1. AnonymousApril 25, 2019 at 5:57 PM

    It seems as though The global wireless headphone market has been spurred on recently by the creation of the Apple "Airpods". Nowadays having Airpods is more a status symbol, given their high price. From cars, to shoes, it seems like earphones are the next market to be tapped into in terms of fashion statements. Conviency is another huge aspect. With each huge tech company relaeasing their own earphones, they make them compatabile to only their own system. this means that you must follow one brand and stick with it.

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