The global wireless earbuds market size is expected to reach USD 14.23 billion by 2028 at a CAGR of 15.2%. Market revenue growth is majorly supported by wider access to the Internet, growing use of smartphones with advanced features functionalities, emergence of advanced wireless technologies, and rising disposable incomes of consumers, especially in developing nations such as India and China. Other key factors driving market growth are rising demand for wireless earbuds among students and the working population, growing trends of work from home and online schooling in the pandemic era, and increasing availability of wireless earphones at highly affordable prices, manufactured by companies such as Oppo, Vivo, and Xiaomi.
Furthermore, escalating demand for high-end music entertainment devices, mainly among the younger population, emergence of advanced technologies such as ANC (active noise cancellation), and rising demand for wireless earbuds that are highly compatible with intelligent virtual assistants including Alexa, Siri, Cortana, and Google Assistant have further boosted the global market growth over the recent past.
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The global wireless earbuds market has gained significant traction in the last few years, with growing demand for Bluetooth or Wi-Fi-enabled wireless audio devices and addition of advanced features such as sensors, touch controls, real-time language translation, and built-in AI to wireless earbuds. Growing popularity of live streaming services and rising interests in podcasts and audiobooks have further driven demand for wireless earbuds. Rising awareness of health fitness and growing use of wearable health gadgets such as fitness bands are other key factors propelling market growth.
The latest research report by Emergen Research, named ‘Global Wireless Earbuds Market - Forecast to 2028’, entails a comprehensive review of the global Wireless Earbuds Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.
Key players include:
Apple Inc., Bose Corporation, Sony Corporation, Samsung, JVC, OnePlus, Jaybird, Beats Electronics LLC, Shure Inc., and Sennheiser electronic GmbH Co. KG., among others.
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For the purpose of this report, the global wireless earbuds market is segmented on the basis of application, end-use, distribution channel, and region:
Application Outlook (Revenue, USD Billion; 2018-2028)
Fitness
Gaming
Music entertainment
Virtual Reality
End-use Outlook (Revenue, USD Billion; 2018-2028)
Commercial
Consumer
Others
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
Online platforms
Offline retail stores
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents:
Chapter 1 includes an introduction of the global Wireless Earbuds market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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