Global Earphones And Headphones Market Size study & Forecast, by Product (Earphones, Headphones), by Price Band (<50, 50-100, >100), by Technology (Wired, Wireless), by Application (Fitness, Gaming, Virtual Reality, Music & Entertainment) and Regional Ana

Global Earphones And Headphones Market Size study & Forecast, by Product (Earphones, Headphones), by Price Band (<50, 50-100, >100), by Technology (Wired, Wireless), by Application (Fitness, Gaming, Virtual Reality, Music & Entertainment) and Regional Analysis, 2023-2030

Global Earphones And Headphones Market is valued at approximately USD 63.49 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 12.6% over the forecast period 2023-2030. Earphones and Headphones are the products which work as a mini speaker, and is used to listen to music in high quality without any outside disturbance as the audio directly goes in ears. The Earphones And Headphones Market is expanding because of factors such as the expansion of music content and high-speed internet access and internet penetration. However, the presence of duplicate product, people experience hearing loss due to earphones and headphones tend to hinder the growth of market.

The availability and expansion of more music content is a factor driving the Earphones And Headphones Market. As the more innovative music and listening content results in consumers interested in buying more audio related product resulting in growth in headphones and earphones market. According to Statista 2023, global digital music revenue is USD 1.1 billion. While in 2022, digital music revenue was 0.9 billion. Moreover, according to International Federation of the Phonographic Industry global music market in 2022 was USD 26.2 billion and overall streaming share of global revenue is 67.0%. This statistic shows that there is growth in music revenue this growth leads to growing number of listeners resulting in more consumers using and buying earphones and headphones. Rise in Internet speed and penetration among people has led to growth in the earphone and headphones market. As according to the world bank 2023 internet penetration rise to 75 % of the population in all developing countries. This would add as much as USD 2 trillion to developing countries collective gross domestic product. The rise in popularity of consumer electronics helps in the growth of this market as earphones and headphones are segments of consumer electronics so if there is growth in Consumer electronics market there will be a growth in Earphones And Headphones Market. As according to Statista 2023, revenue in the Consumer Electronics market amounts to USD 1,028.00 billion. According to same source the market is expected to grow annually by 2.32% in the forecast period. The launch of new and innovative products and new features in earphones and headphones segment have attracted consumers to buy these products. Similar to Sony launched Sony link buds in 2022 with features such as noise cancellation, Bluetooth Multipoint, and access to your voice assistant.


The key regions considered for the Global Earphones And Headphones Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 India being one of the developing countries in this region is growing in the field of wireless technology, presence of key player leads to manufacture of innovative product in this region. Moreover, an increase in consumer disposable income and the availability of cheap labor are other factor driving this market to grow. North America is expected to grow significantly over the forecast period, owing to factors such as strong technological advancement and consistent research and development which results in product innovation in this Earphones And Headphones Market. Additionally presence of leading players in this market helps in growth of this market in this region.

Major market player included in this report are:
Apple, Inc.
Sony Corporation
Sennheiser Electronic GmbH & Co. KG (Sennheiser)
Samsung Electronics Co., Ltd.
Bose Corporation
Zebronics India Pvt. Ltd.
JVC Kenwood Corporation
Koninklijke Philips N.V. (Philips)
Logitech International S.A.
Panasonic Corporation
Recent Developments in the Market:
 In September 2022, Apple announced the second generation of Air Pods Pro, the most advanced Air Pods ever, with features Active Noise Cancellation and Transparency mode moreover offering a unique way to experience Spatial Audio that’s even more immersive. It comes with the power of the new H2 chip.
 In February 2023, Sony announced two new headphones the WH-CH720N and the WH-CH520. The WH-CH720N wireless headphones have Sony’s Integrated Processor V1 chip to provide noise cancelling and the WH-CH520 wireless headphones provide 50 hours of battery backup with enhanced call performance to meet the demands of consumers day. As, increase in the audio quality while having a call helps consumer to complete their wok while having a easy and convenient conversation on call.
 In September 2022, Bose introduced QuietComfort Earbuds II, it comes with noise cancellation features resulting in an excellent listening experience also it has a pocketable charging case, which gives all day comfort which attracts consumers to buy it.

Global Earphones And Headphones Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Product, Price Band, Technology, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Earphones
Headphones

By Price Band:
<50
50-100
>100

By Technology:
Wired
Wireless

By Application:
Fitness
Gaming
Virtual Reality
Music & Entertainment

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Apple, Inc.
Sony Corporation
Sennheiser Electronic GmbH & Co. KG (Sennheiser)
Samsung Electronics Co., Ltd.
Bose Corporation
Zebronics India Pvt. Ltd.
JVC Kenwood Corporation
Koninklijke Philips N.V. (Philips)
Logitech International S.A.
Panasonic Corporation

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