Global Sport Earbuds Market Overview:
The global sport earbuds market is expected to grow at a significant pace during the forecast period owing to rising demand for wireless earbuds from fitness enthusiasts, rising consumer spending on luxury goods propelled by rising per capita income across emerging economies such as India and other Asian countries and growing awareness among about fitness and diet. The sport earbud has a good quality sound and much convenient is all the way.
Growth Drivers
- Rising Demand from Fitness Enthusiasts
- Introduction of Smart Earbuds With Touch And Other Features
- Consumers' Tendency To Own Several Headphones
Roadblocks
- Availabilty of Counterfeit Products
Challenges
- Intense Competition From Key Manufacturers
Competitive Landscape:
Some of the key players profiled in the report are Apple Inc. (United States), Bose Corporation (United States), Bang & Olufson (Denmark), Crazybaby (United States), Google LLC (United States), Jabra (Denmark), Motorola (United States), NUHEARA LIMITED (Australia), Samsung (South Korea), Sennheiser electronic GmbH & Co. KG (Germany) and SONY ELECTRONICS INC. (United States). Additionally, following companies can also be profiled that are part of our coverage like Gonoise (India), Alpha Audiotronics (United States) and Avanca International BV (The Netherlands). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sport Earbuds market by 2026. Considering Market by End Users, the sub-segment i.e. Man will boost the Sport Earbuds market. Considering Market by Technology, the sub-segment i.e. Wired will boost the Sport Earbuds market. Considering Market by Price Range, the sub-segment i.e. Low will boost the Sport Earbuds market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Sport Earbuds market.
In February 2019, at the time of Samsung Galaxy smartphone launch of Galaxy S10, the company also launched a bunch of accessories that included Galaxy Buds true wireless earbuds and two new fitness wearables wherein the earbuds are cheaper than AirPods.
What Can be Explored with the Sport Earbuds Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sport Earbuds Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sport Earbuds
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sport Earbuds market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sport Earbuds market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Regulatory Bodies, Including Government Agencies And NGOs, Commercial Research & Development (R&D) Institutions, Importers and Exporters, Government Organizations, Research Organizations, And Consulting Firms, Trade Associations And Industry Bodies and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.