DUBLIN--(BUSINESS WIRE)--The "Earbuds Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global earbuds market is anticipated to reach values of approximately $10 billion by 2023, growing at a CAGR of around 30% during 2017-2023.
The launch of smart wireless in-ear headphones by Bragi back in 2015 introduced and propelled the development of the global earbuds market. These products are designed and launched in as wireless smart headphones with sensors, chargeable carry case, capable of controlling the playback, and activating voice assistants like Siri, Google Now, Cortana, and Alexa.
In 2017, Apple launched their flagship product - AirPods which eventually became the highest selling earbuds in the US and Canadian market. The increasing penetration of smartphones and growing demand for smart tech in emerging countries of China and India will boost the demand for medium range products in the global market.
Leading vendors are introducing products with assisted hearing technology that offer a wide range of functionalities that include enhanced music and listening experience, control over external sounds, and real-time language translation. These technologically enhanced products are designed to meet consumer expectations thereby, boosting revenues in the global market.
The integration of hearing aids to help people with hearing disorders, extended battery life, and active noise cancellation are some of the features offered by top players in the global market. The launch of new product portfolios that offer touch and tap interface to control various functions, sensors to recognize when to pause or play music, and gesture recognition to answer/end call will transform the global earbuds market.
The introduction of wireless earbuds will offer better hearing levels, and sound qualities will create lucrative opportunities for leading players in the global market. These products seamlessly perform functions of smart wireless headphones, hearing aids, fitness tracker wearables, and speech modulation devices.
The major vendors in the global market are:
Other prominent vendors include
- Alpha Audiotronics
- Bang & Olufson
- Waverly Labs
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
5 Report Assumptions & Caveats
6 Market at a Glance
8 Market Dynamics
9 Global Earbuds Market
10 Price and Brand Popularity Analysis
11 Global Earbuds Market By Features
12 Global Earbuds Market by Price Range
13 Global Earbuds Market By Geography
14 North America: Earbuds Market
15 Europe: Earbuds Market
16 APAC: Earbuds Market
17 ROW: Earbuds Market
18 Competitive Landscape
19 Key Company profiles
20 Other Prominent Vendors
21 Report Summary
For more information about this report visit https://www.researchandmarkets.com/research/4vwghs/10_billion?w=4