Earphones and Headphones Global Business Report 2024 - Growing Popularity of Podcasts & Podcasting Drives Demand for Headphones for Recording & Listening


Dublin, May 16, 2024 (GLOBE NEWSWIRE) -- The "Earphones and Headphones - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Earphones and Headphones estimated at US$26 Billion in the year 2023, is projected to reach a revised size of US$48 Billion by 2030, growing at a CAGR of 8% over the analysis period 2023-2030.

Earphones, one of the segments analyzed in the report, is projected to record 9.1% CAGR and reach US$31.1 Billion by the end of the analysis period. Growth in the Headphones segment is estimated at 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.2 Billion, While China is Forecast to Grow at 9.3% CAGR

The Earphones and Headphones market in the U.S. is estimated at US$7.2 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$8.5 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 7.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.

Key Market Trends & Drivers

  • Rise in Music Streaming Makes Earphones & Headphones Indispensable Digital Accessories for Consumers
  • Rise in Music Streaming & Preference for Deeper, More Immersive, Personal & Emotional Music Listening Experience Drive Demand for Headphones and Earphones
  • Robust Growth in Customer Care Operations & Parallel Rise in the Call Center Industry Drives Demand for Call Center Headphones
  • Roust Outlook for Call Centers Supported by the Ever-Important Focus on Customer Relations to Benefit Demand for Headphones to Ensure Employee Mobility & Productivity
  • Headphones Are Critical for Successful Operations of a Call Center, Here's Why
  • Smartphones as Indispensable Tools of Modern Digital Life Emerges as Major Demand Driver for Earphones & Headphones as a Must Have Accessory
  • Healthy Demand for Smartphones Creates a Parallel Market for Headphones & Earphones
  • Growing Popularity of Podcasts & Podcasting Drives Demand for Headphones for Recording & Listening
  • Headphones can Save a Podcast & Make it More Effective & Immersive
  • Noise Cancellation, the Biggest Innovation in the Earphones & Headphones Market
  • AI Powered Headphones Emerge to Revolutionize the Market
  • Trend Towards Using Headphones While Workouts Drives demand for Workout Headphones & Earbuds
  • Rise in Telemedicine Bodes Well for Adoption of Headphones & Earphones
  • High Quality Audio Rises in Importance as Telemedicine Gains Momentum, Driving Demand for Premium Headsets & Earphones
  • Work From Home & Videoconferencing Trends Drive Adoption of Headphones and Earphones
  • Growing Use of Videoconferencing Amid the WFH Trend Drives Demand for Business-Grade Headsets
  • Continuous Innovations Remains Crucial for Sustained Growth
  • Rise of VR & AR-Based Training Across Industry Verticals Increases Demand for Headphones for Truly Immersive Experience
  • Rise of Immersive Gaming Drives Demand for Gaming Headphones
  • Search for Immersive Gaming Experience in the Robustly Growing Gaming Industry to Drive Demand for Gaming Headphones

Company Coverage:

  • 3M
  • Amazon
  • AIWA
  • Ambrane India Pvt., Ltd.
  • Antonio International Ltd.
  • Anker Technology (UK) Ltd.
  • Allen & Heath Limited
  • Amkette
  • AIAIAI ApS
  • AcousticSheep
  • 1More
  • Abyss Headphones
  • A One
  • ActivMotion
  • Ambie corporation

Key Attributes:

Report AttributeDetails
No. of Pages824
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$26 Billion
Forecasted Market Value (USD) by 2030$48 Billion
Compound Annual Growth Rate8.0%
Regions CoveredGlobal


For more information about this report visit https://www.researchandmarkets.com/r/225tgf

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Earphones and Headphones Market

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