The global earphones and headphones market is expected to reach USD 17.55 billion by 2022, according to a new report by Grand View Research, Inc. Surge in consumer demand for technologically advanced products is expected to fuel industry growth over the next few years. Increasing adoption of several smart devices such as tablets, smartphones along with portable music players may also positively impact earphones market demand.
Earphones and headphones exhibit consumer high adoption rate suring workout and may also escalate demand over the next seven years. Factors such a rising consumer disposable income, products with enhanced noise cancellation capabilites may also propel headphones market demand over the forecast period. Further, the industry is poised for high growth owing to short replacement cycle, which may be attributed to evolving consumer needs, functionality and damage or loss.
Earphones and Headphones Product Outlook (Volume, Million Units & Revenue, USD Million; 2012 – 2022)
Earphones and Headphones Technology Outlook (Volume, Million Units & Revenue, USD Million; 2012 – 2022
Earphones and Headphones Regional Outlook (Volume, Million Units & Revenue, USD Million; 2012 – 2022)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa