About Smart Earphones
Smart earphones are the alternative or successor traditional headphones. Nowadays, they are becoming the ideal choice for people. They are widely adopting by the athletes, and runners, while doing gym and playing. The design of the smart earphone has a knock-on effect on noise-canceling and reduced bulk and ergonomic contours can be quite comfortable. Water resistance, noise cancellation and high-definition (HD) sound format of the smart earphones have led to significant growth of the market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Smart Earphones is a fragmented market due to the presence of several regional and international players. The players are focusing on planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Vendors having a strong hold in the market are Bose Corporation, Apple Inc., Sennheiser Electronic, and Sony Corporation. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Smart Earphones market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bose Corporation (United States), Apple Inc. (United States), Sennheiser Electronic (Germany), Sony Corporation (Japan), Skullcandy Inc. (United States), Samsung Electronics (South Korea), Huawei Technologies Co., Ltd. (China), Bragi (Germany), LG Electronics (South Korea) and Koninklijke Philips N.V. (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Valencell (United States), Fujikon Industrial Company Limited (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Smart Earphones market by Type (In-Ear, On-Ear and Over-Ear), Application (Music & Entertainment, Sports & Fitness, Gaming, Virtual reality and Others) and Region.
On the basis of geography, the market of Smart Earphones has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Wireless will boost the Smart Earphones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Smart Earphones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption of Wireless Earphone Devices among the Youngsters
Market Growth Drivers:
Rising Disposable Income and Growing Purchasing Power of the People Globally and Increasing Demand for Smart Phones
Challenges:
Intense Competition among the Players
Restraints:
Presence of Unorganized Manufactures of the Smart Earphones
Opportunities:
Technological Advancement, Continous Innovation, and New Product development by the Various Manufacturers
Market Leaders and their expansionary development strategies
In June 2023, Apple acquired AR Headset Firm Mira, which contributed Tech to Mario kart ride at super nintendo world, Apple has acquired AR headset startup Mira, a firm most known to the public for providing some of the lens technology found in headsets used on Mario Kart rides in Super Nintendo World at Universal Studios Japan and Universal Studios Hollywood.
In June 2023, Apple launched new headphones. Apply is reportedly planned to launch new beats studio pro headphones. According to a report by Macrumours, the new device with improvised audio and USB Type-c charging port.
Key Target Audience
Smart Earphones Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and End Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.