NEW YORK, Feb. 15, 2017 /PRNewswire/ -- Surging sales of mobile devices, expanding use of online streaming services and growing disposable income are some of the factors that are anticipated to drive global earphones & headphones market during 2017 - 2022. Moreover, demand for high quality earphones and headphones from audiophiles has compelled the market players to innovate in styling and technology, which has resulted in significant demand generation, especially over the last few years. The global distribution network of earphones and headphones is quite vast. Products in global earphones and headphones market are available through many channels, out of which multi-brand electronic stores held the highest share in 2016, and the segment is expected to maintain its dominance during the forecast period as well. However, online sales channel has exhibited the fastest growth of all the point of sales in global earphones and headphones market owing to heavy discount offers available on the products coupled with ease of online shopping.
According to TechSci Research report "Global Earphones & Headphones Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2012 – 2022", the market for earphones and headphones globally is anticipated to cross $19 billion mark by 2022, on account of growing disposable income, increasing adoption of latest technology products and rising demand from professional as well personal users. Global earphones & headphones market on the basis of type has been segmented into two categories namely in-ear and over-ear, out of which over-ear segment is projected to observe the fastest growth during 2017 - 2022. Some of the major companies in the market includes Beats Electronics LLC, Plantronics Inc., Sennheiser Electronics GmbH, Sony Corporation, Bose Corporation among others. "Global Earphones & Headphones Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2012 – 2022" discusses the following aspects of global earphones & headphones market:
- Global Earphones & Headphones Market Size, Share & Forecast
- Segmental Analysis – By Type (In-ear Vs. Over-ear); By Technology (Wired and Wireless); By Application (Music & Entertainment, Sports & Fitness, Gaming and Virtual Reality); By End User (Personal and Professional) and By Point of Sale (Multi-brand Electronic Stores, Exclusive Showrooms, Hypermarket/Supermarket Stores, Online Sales Channel & Others)
- Regional Analysis – Asia-Pacific, North America, Europe, South America and Middle East & Africa
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations