Wireless Earbuds Market 2021 Top Players and Growth Opportunity 2028
- Isha Deshpande
- Jun 5, 2023
- 3 min read
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 report offers a complete analysis of the global Wireless Earbuds market on a global and regional scale and offers a forecast for the market. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Wireless Earbuds market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
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
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Emergen Research has segmented the global Wireless Earbuds market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
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
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Wireless Earbuds Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Wireless Earbuds Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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