Consumer & Luxury Goods Market Research News

Detailed examination of the wireless Bluetooth headset market forecast to 2024

Consumer Market Research

Global wireless Bluetooth headset market is anticipated to witness a robust growth over the forecast period i.e. 2017-2024.

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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.

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Usually, wireless Bluetooth headsets are available with a connectivity range of 10 meters.

Market Size & Forecast

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.

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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.

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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.

This report also provides the existing competitive scenario of some of the key players of the global wireless bluetooth headset market which includes company profiling of Apple Inc., Phillips Electronics Company, Samsung, LG Corp., Sony Corp., Bose Corp., Beats Electronics, Jawbone Company, Plantronics and Motorola Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.

On the whole, the report depicts detailed overview of the global wireless bluetooth headset market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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