PUBLISHER: Grand View Research | PRODUCT CODE: 1611225
PUBLISHER: Grand View Research | PRODUCT CODE: 1611225
The global bluetooth headphones market size is anticipated to reach USD 24.36 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% from 2025 to 2030. The global market is witnessing incorporation of advanced technologies such as active noise cancellation, hand free calling, surrounded 3D sound, biometric monitoring, gesture recognition, and on board storage.
Incorporation of these products with smart home devices will fuel demand for wireless headphones. Furthermore, increasing awareness of various culture and music genre is expected to have a positive impact on the market growth. Moreover, advent of technologies such as incorporation of hearing aid within headphone will fuel demand for bluetooth headphones from 2019 to 2025.
In ear headset held the largest share of 46.9% in 2018 and is expected to maintain its lead throughout the forecast period. Technological advancements such as more talk time, improved sound quality, biometric sensor, and hand free calling are the key factors fueling demand for in ear bluetooth headphones over the forecast period. Over ear headphone is anticipated to witness significant growth in future. Growing popularity of these headsets among athletes and sportspersons owing to incorporation of advanced technologies and improved aesthetics and battery life is likely to fuel demand for over ear headphones from 2019 to 2025.
Online retail held a leading share of 49.2% in 2018 and is anticipated to witness the fastest growth over the forecast period. Increasing penetration of smartphones, exposure to digital media, and growing middle class population are expected to have a positive impact on the sales of wireless headphones through online channel. Expansion of pureplay giants such as Amazon and eBay in India and China and incorporation of same day delivery system by these players are expected fuel purchase of wireless headphone through online channel.
Asia Pacific held the largest share of 34.0% in 2018 and is anticipated to witness significant growth from 2019 to 2025. Increasing penetration of jack less mobile phones is a main factor anticipated to drive the regional market over the forecast period. In addition, increasing product availability at multi-branded stores and online retail is expected to fuel demand for wireless headset from 2019 to 2025.