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Bluetooth Headphones Global Market Report 2024 - By Share, Size, Demand And Trends, Industry Scope, Forecast To 2033

Bluetooth Headphones Global Market Report 2024 - By Share, Size, Demand And Trends, Industry Scope, Forecast To 2033

 

 
"The new report published by The Business Research Company, titled ""Bluetooth Headphones Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the bluetooth headphones market size has grown rapidly in recent years. It will grow from $20.12 billion in 2023 to $22.45 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The bluetooth headphones market size is expected to see rapid growth in the next few years. It will grow to $34.96 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%.

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Smartphone Proliferation Fuels Growth In The Bluetooth Headphones Market
The proliferation of smartphones is expected to propel the growth of the bluetooth headphones market going forward. Smartphones refer to mobile phones with built-in computer functionality and other features not previously found on phones. The high proliferation of smartphones is attributed to their multifunctionality, acting as all-in-one devices for communication, entertainment, productivity, and connectivity, streamlining various aspects of modern life into a single portable gadget. Smartphones serve as the primary source for audio content, facilitating the widespread adoption of Bluetooth headphones by providing seamless connectivity and control options, enhancing the user experience and portability. For instance, in April 2022, according to the Department of Telecommunications under the Ministry of Information and Communications, a Vietnam-based regulatory agency, Vietnam recorded 91.3 million smartphone subscribers in 2021. This figure increased by over 2 million at the end of March 2022, resulting in 93.5 million subscribers, equivalent to 73.5% of the nation's adult population. Therefore, the proliferation of smartphones is driving the growth of the bluetooth headphones market.

Hybrid Adaptive Noise Cancellation Headphones Revolutionize The Bluetooth Headphones Market
Major companies operating in the Bluetooth headphones market are increasing their focus on developing innovative products, such as hybrid adaptive noise cancellation headphones, to boost their revenue in the market. Hybrid adaptive noise cancellation headphones are advanced audio devices that use multiple noise-canceling technologies to efficiently block out unwanted ambient sounds while also adapting to different environments and user preferences. For instance, in February 2024, Sennheiser Electronic GmbH & Co. KG, a Germany-based audio equipment manufacturer, launched the ACCENTUM Plus wireless headphones in India. These headphones have Bluetooth 5.2, touch controls, ANC (active noise cancellation) compatibility, and Sennheiser's renowned sound profile. Along with touch-gesture controls for enhanced use, the headphones are claimed to have a 50-hour battery life on a single charge. The headphones also have a 37mm dynamic transducer, support several codecs, including aptX Adaptive, and have a transparency mode.

The bluetooth headphones market covered in this report is segmented -
1) By Product: Over Ear, In Ear, On Ear
2) By Components: Hardware, Software, Services
3) By Distribution Channels: Exclusive Store, Multi-Branded Store, Online Retail
4) By Application: Music And Entertainment, Sports And Fitness, Gaming, Virtual Reality

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Major companies operating in the bluetooth headphones market are Apple Inc., Samsung electronics Co. Ltd., Microsoft Corporation, Sony Group Corporation, Lenovo Group Limited, LG Electronics Inc., HP Inc., Panasonic Corporation, Koninklijke Philips N.V., Logitech International SA, Bose Corporation, GN Store Nord AS, Plantronics Inc., Razer Inc., Bowers & Wilkins, Sennheiser Electronic GmbH & Co KG, Jabra Corporation, Imagine Marketing Pvt. Ltd., Skullcandy Inc, Creative Technology Ltd., HIFIMAN Corporation, Audio-Technica US Inc., AfterShokz, Hooke Audio Corporation

Contents of the report:
1. Executive Summary
2. Bluetooth Headphones Market Report Structure
3. Bluetooth Headphones Market Trends And Strategies
4. Bluetooth Headphones Market - Macro Economic Scenario
5. Bluetooth Headphones Market Size And Growth
…..
27. Bluetooth Headphones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.


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