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Wireless Bluetooth Headset Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : 02:50 AM, 25th September, 2017 REP-ID-387 Category: ICT & Electronics

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.

wireless bluetoth headset market

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.

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 (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East) Market size, Y-O-Y growth & 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.

Key Players

  • Apple Inc.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Phillips
  • Samsung
  • LG Corp.
  • Sony Corp.
  • Bose Corp.
  • Beats Electronics
  • Jawbone
  • Plantronics
  • Motorola

Scope & Context

Overview of the Parent Market

Analyst View

Segmentation

The global wireless Bluetooth headset market is segmented as follows:

  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By Distribution Channel Market Size & Y-O-Y Growth Analysis
  • By Price Range Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

Key Answers Captured in Report?
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

 

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