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According to a recent report published by Allied Market Research, titled, Global Smart Headphone Market by type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global smart headphone market was valued at $5,033.8 million in 2017, and is projected to reach $21,809.5 million by 2025, growing at a CAGR of 20.2% from 2018 to 2025.
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Smart Headphone Market Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2018-2025 Global Opportunity Analysis and Industry Forecast, 2016-2023 Pages: 153 Tables: 48 Charts: 58
SMART HEADPHONE MARKET According to a recent report published by Allied Market Research, titled, Global Smart Headphone Market by type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global smart headphone market was valued at $5,033.8 million in 2017, and is projected to reach $21,809.5 million by 2025, growing at a CAGR of 20.2% from 2018 to 2025. Presently, Asia-Pacific dominates this market. In 2017, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall smart headphone market in Europe in 2017. In the same year, the U.S. dominated the North America market. In 2017, based on type, the in ear type was the dominant segment, in terms of revenue, and is anticipated to continue this trend during the forecast period. However, based on distribution channel, offline segment dominated the global market in the same year.
SMART HEADPHONE MARKET The key factors that drive the growth of the global market include increase in penetration of infotainment devices, rapid technological advancement, and surge in need for mobility services. However, adverse effect on hearing ability owing to excess use of headphones is expected to limit the market growth. Moreover customers increasing need for convenience provides ample of growth opportunity. Access Full Report Summary: https://www.alliedmarketresearch.com/smart-headphone-market The global smart headphones market is expected to register significant growth in the near future, owing to increase in penetration of infotainment devices, rapid technological advancements, and surge in need for mobility services. However, adverse effect on hearing ability due to excessive usage of headphones is expected to limit the market growth. On the contrary, customers’ increasing need for convenience is anticipated to provide ample of growth opportunity to the smart headphone market.
SMART HEADPHONE MARKET Key Findings of the Smart Headphone Market: On the basis of type, the in ear led the smart headphone market in the year 2017. • The offline distribution channel dominated the global smart headphone market in 2017. • The Asia-Pacific region held the majority of market share in 2017. • LAMEA is anticipated to exhibit the highest CAGR during the forecast period. • Access Sample Report Click Here: https://www.alliedmarketresearch.com/request-sample/4755 The sale of electronic infotainment devices such as mobile phones, laptops, vehicle infotainment device, digital music systems, digital TV, and others is growing at a high rate, and headphones are major accessories for these devices. Smart headsets offer multiple benefits, including convenience; high-definition sound quality; multiple user facility; and freedom from wire maintenance, portability, and mobility. Thus, increase in use of infotainment devices is one of the factors driving the growth of the smart headphone market.
SMART HEADPHONE MARKET Increase in advancements in technology is anticipated to provide lucrative opportunities for the smart headphone market. Implementation of technologies such as Bluetooth/NFC speakers, Wi-Fi, noise cancelling technology, language translation, fitness & heart rate tracking, voice-based personal assistants, contextual location-based suggestions, environment-based noise suppression or audio enhancement, and gesture & touch-based control have led to increase in adoption of smart headphone across domestic and commercial sectors. In addition, significant increase of mobile infotainment devices across the globe boost the growth of the market. Moreover, upsurge in trend of BYOD services and cloud computing are expected to provide potential growth opportunities for the market. Do Purchase Report And Discounts: https://www.alliedmarketresearch.com/purchase-enquiry/4755 Mobility services refer to services that can be accessed anytime, anywhere, remotely managed, provide faster processing, and offer freedom from wire maintenance. Mobility solutions such as BYOD trends, mobile devices, wireless services, and others reduce the complexity of infrastructure maintenance and offer portability, remote access, flexibility, and convenience. With the development of science and technology, the demand for mobile devices such as smartphones, tablets, and laptops has been witnessed to increase considerably for easy connectivity and accessibility of information on the go which is driving the need for mobility services among customers. Which in turn drives the growth of smart headphone market globally.
SMART HEADPHONE MARKET By Region • North America U.S. Canada Mexico • Europe UK Germany France Russia Rest of Europe • Asia-Pacific China Japan South Korea India
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