World Headphone Market to Gain Momentum through 2022, Informs Beige Market Intelligence in Its Report Available at MarketPublishers.com21 Apr 2017 • by Natalie Aster
LONDON – Headphone has experienced numerous advancements since the time, when they were used only by telephone operators. Today, headphone is a stylish accessory with better performance and sound quality. Continued technological evolution and robust uptake in the music industry have drastically changed the way people listen to music. At present, music enthusiasts are ready to invest in quality headphone, which is compatible with different portable devices for high quality sound and also enhanced audio experience.
The world’s headphone market revenue is anticipated to gain momentum at a 7.8% CAGR during 2017-2022. Robust market growth is likely to be boosted by further technological breakthroughs along with rapidly evolving gaming and VR industries. Furthermore, changing consumer preferences and tendency towards product miniaturization will also act as important growth drivers.
At present, the in-ear headphone segment contributes the major revenue share and is anticipated to maintain its top position through 2022. By 2022, the shipment of in-ear headphone is forecast to touch 250 million units.
The smart headphone segment will likely considerably gain momentum through 2020, spurred majorly by the escalating adoption of wireless headphone.
The cutting-edge research publication “Global Headphone Market – Strategic Assessment and Forecast 2022” worked out by Beige Market Intelligence has been recently added at MarketPublishers.com.
This report highlights the present scenario in the world’s headphone market and also presents an insightful strategic assessment for 2016-2022. It contains a detailed overview of the key growth limiters, trends, drivers and opportunities. This research study includes a granular analysis of the main market segments, reviews the recent technologies and innovations, looks at the state of the major regional markets and also delve into competitive environment.
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