The new report by Expert Market Research titled, ‘Global Earphones and Headphones Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global earphones and headphones market, assessing the market based on its segments, technology, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 11.2 billion
• Forecast CAGR (2021-2026): 6.1%

Customers’ need for improved audio quality, the fast-growing music business, rising internet penetration, and evolving mobile technologies are the key factors driving the earbuds and headphones market.

Industry Definition and Major Segments

Headphones are small speakers that can be worn over or around your ears. In traditional headphones, two ear cups are secured over your head by a band. Smaller headphones, often known as earbuds or earphones, are worn on the outside of your ear canal.

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The industry can be broadly categorised based on products into:

• Earphones
• Headphones

The industry can be divided based on technology as:

• Wired
• ANC
• Others
• Wireless
• Bluetooth
• NFMI
• Smart Headphones
• Others

The industry can be categorised on the basis of application as:

• Fitness/Sports
• Gaming
• Virtual Reality
• Music and Entertainment

The EMR report looks into the regional earphones and headphones markets like:

• North America
• Latin America
• Europe
• the Middle East and Africa
• the Asia Pacific regions

Market Trends

In the projected period, technological improvements such as the launch of notch-less smartphones are expected to increase demand for earbuds and headphones. The predicted rise in demand for trendy and appealing models to boost product sales will help the earbuds and headphones industry develop even more. The advent of new technologies such as Active Noise Cancellation (ANC), which helps eliminate background noise and improves sound quality, is projected to boost industry growth. Smartphones, laptops, tablets, portable music players, and other mobile gadgets are becoming more popular and accepted, which is helping the market grow.

Key Market Players

The major players in the market are Apple, Inc. (NASDAQ: AAPL), Bose Corporation, Grado Labs, Inc., Sennheiser electronic GmbH & Co. KG, JVCKENWOOD Corporation, Koninklijke Philips N.V., Logitech International SA, and Panasonic Corporation. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.