Wireless Bluetooth Headset Market Overview
Wireless bluetooth headset is an electronic media streaming device. Generally, wireless Bluetooth headsets are used for listening music and other audios by connecting it to cellphones, personal computers or any other multimedia devices. Some of wireless Bluetooth headsets are available with micro-speakers and work as a tool for hand free communication. Wireless Bluetooth headsets have a limited connectivity range with other multimedia devices and it becomes ineffective beyond that limit. Usually, wireless Bluetooth headsets are available with a connectivity range of 10 meters.
Market Size & Forecast
Global wireless Bluetooth headset market is anticipated to witness a robust growth over the forecast period i.e. 2017-2024. Technological advancement with multimedia accessories and rising adoption of smart phones, computers and media streaming devices are some major factors which are anticipated to foster the growth of global wireless Bluetooth headset market over the forecast period.
Geographically, global wireless Bluetooth headset market is segmented into five major regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America region is dominating the global wireless Bluetooth headset market owing to factors such as rising number of mobile players such as i-pod and smartphone users in this region. Further, North America region is expected to continue its dominance during forecast period.
Asia Pacific region is expected to be the fastest growing region of wireless Bluetooth headset market. This growth of Asia Pacific region can be attributed to the increasing number of smartphone users and high adoption of innovative technologies in this region.CLICK TO DOWNLOAD FREE SAMPLE
Apart From this, Europe region is expected to witness a satisfactory growth over the forecast period due to the increasing consumer’s disposable income and rising adoption of music streaming devices.
Market Segmentation
Our-in depth analysis of the global wireless Bluetooth headset market includes the following segments:
By Product Type
- Bluetooth Stereo Headset
- Bluetooth Mono-Headset
By Distribution Channel
- Online Store
- Single Brand Store
- Multi Brand Store (Mega mart, Shopping mall)
By Price Range
- Premium
- Mid
- Low
By Region
Global wireless Bluetooth headset market is further classified on the basis of region as follows:
- North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Growth Drivers & Challenges
Growth of global wireless Bluetooth headset market is primarily driven by rising adoption of media streaming devices. There are number of media streaming devices present in market such as wireless Bluetooth headset, earphones, speakers and other devices. Further, compatibility of wireless Bluetooth headset with other technologies is comparatively better than other media streaming devices. Thus, higher compatibility of wireless Bluetooth headsets is likely to drive the growth of global wireless Bluetooth headset market during forecast period.
Technological advancement of wireless Bluetooth headset is major factor which is likely to escalate the demand for wireless Bluetooth headset in near future. Apart from this, increasing disposable income of consumers and their inclination towards luxurious life style is expected to drive the growth of global wireless Bluetooth headset market during the forecast period. Moreover, online stores have majorly contributed to the growth of global wireless Bluetooth headset market, as consumers from emerging economies such as India prefer to buy products from online stores rather than offline stores due to availability of those products on online stores with beneficial offers and at comparatively low price.
However, presence of local vendors in market and their low price offerings are expected to hamper the growth of global wireless Bluetooth headset market. Moreover, presence of counterfeit products in market is likely to hinder the growth of global wireless Bluetooth headset market during the forecast period.
Top Featured Companies Dominating the Market
- Apple Inc.
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- Phillips
- Samsung
- LG Corp.
- Sony Corp.
- Bose Corp.
- Beats Electronics
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- Motorola
