The global Bluetooth headphones market is projected to expand at a CAGR of 19.2% during the forecast period 2020 to 2026.
The
estimated value of this market was USD16.0bn in 2020 and is likely to reach
USD45.7bn in 2026.
Researchmoz
elaborates in its report on the market size, growth drivers, opportunities,
market trends, and competitive edge.
With
the advent of smartphones, tablets, and laptops, the Bluetooth headphones
market picked up ever since. Wireless technologies have taken over the wired
Bluetooth headphones and trending like a wildfire, resulting in growth
opportunities for the global Bluetooth headphones market.
Noise Cancellation to Boost Sales of
Bluetooth Headphones
With
the integration of impeccable technologies, the Bluetooth market is bringing a
new revolution to the market. Noise cancellation features and improved battery
performance in wireless Bluetooth technologies are expected to strengthen the
sales of Bluetooth headphones. Apple iPod Max and Sony WH- 1000XM4 are classic
examples of wireless technologies revolutionizing the global Bluetooth
headphones market and they may continue in years to come.
Smart Phones to Drive the Bluetooth
Headphones Market
The
rising demand for smartphones has led to the adoption of Bluetooth headphones.
Most smartphones are Bluetooth ready devices, making you be equipped with the
latest Bluetooth technologies that can connect to any phone. Despite the model
of your smartphone, the consumer should be able to connect the headset, which
further may push the global Bluetooth headphones market
The
high cost of Bluetooth headphones could hamper the market to some extent in the
future.
Nevertheless,
the efficiency and compatibility features of smart devices will expand the
market in the forecast years.
Analysts’ Views
Audio
streaming trends such as Bluetooth audio streaming is gaining traction and will
further trend in the future.
Trusted
devices will help in keeping the phone unlocked in the vicinity using wireless
Bluetooth technologies, resulting in the growth of the global Bluetooth
headphones market in the coming years.
The
codecs used in Bluetooth have improved over the years and offer longer playback
time while streaming audio and videos.
Increasing
purchasing power due to better income is creating a good market for smartphones
without jacks, which vicariously will boost the Asia Pacific market in the
coming years.
Competitive Landscape
Researchmoz
shares an all-inclusive report about the competitive features of the global
Bluetooth headphones market. The report includes the details of growth
strategies, innovations, and much more. The report would facilitate the
manufacturers and all the stakeholders to take the right decisions to improve their
market positions.
The major players in the
global Bluetooth headphones market include-
- GmbH & Co. KG
- Bose Corporation;
- SAMSUNG
- Koninklijke Philips N.V.
- Panasonic Corporation
- Plantronics, Inc.
- Audio-Technica
- Sennheiser electronic
Download
Report Sample FREE (Get PDF with Insights, Charts, Tables, Figure) @ https://www.researchmoz.us/request-free-sample/?reportid=559
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