Global Wireless ANC Headphones Market Expected to Reach $49.6 Billion by 2031: Allied Market Research

Allied Market Research

Rising disposable income, rising standard of living for people in developed and developing countries, increasing noise pollution, changing people’s lifestyles, and growing adoption of smartphones and advanced electronic gadgets are expected to drive the market growth. Closure of manufacturing facilities, reduced workforce and unavailability of raw materials due to strict trade restrictions have negatively impacted the market.

Portland, OR, Aug. 10, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global wireless ANC headphones market generated $11.7 billion in 2021 and is expected to reach $49.6 billion in by 2031, growing at a CAGR of 15.8% from 2022 to 2031. The report offers detailed analysis of key winning strategies, changing market trends, market size and estimates, value chain, major investment pockets, drivers and opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, early adopters and stockholders in introducing necessary strategies for the future and taking essential actions to significantly strengthen and increase their position in the market.

Download the report (PDF of more than 260 pages with information, graphs, tables, figures):

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Report coverage and details:

Report cover

Details

Forecast period

2022–2031

base year

2021

Market size in 2021

$11.7 billion

Market size in 2031

$49.6 billion

CAGR

15.8%

Number of pages in the report

264

Segments Covered

Price, application, distribution channel and region.

Drivers

Increase in standard of living

Increased adoption of smartphones and electronic gadgets

Opportunities

Increase in noise pollution

Online retail platform growth

holds back

Commodity Price Fluctuations

Problem of shortage of chips and semiconductors

COVID-19 scenario:

  • The COVID-19 outbreak has negatively impacted the growth of the global Wireless ANC Headphones market, owing to the occurrence of lockdowns in various countries across the globe.

  • The lockdowns have shut down various manufacturing facilities, including those for wireless ANC headphones and other smart wearables or electronic items. This had a negative impact on their application. This was mainly due to the strict social distancing restrictions imposed by the government to drastically curb the spread of the virus during the pandemic.

  • In addition, it has become difficult for garment manufacturers to acquire the necessary raw materials, as strict restrictions on the import and export of raw materials have been imposed by the government to further contain the unprecedented epidemic. .

  • Moreover, many people suffered from financial crisis during the pandemic, which made them reluctant to spend on exorbitant expenses.

  • However, the market should recover quickly.

Specific requirement on COVID-19? Ask our industry expert:

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The report offers detailed segmentation of the global Wireless ANC Headphones market on the basis of price, application, distribution channel, and region. The report provides a comprehensive analysis of each segment and their respective sub-segment using tabular and graphical representations. This analysis is capable of guiding market players, investors, and new entrants to strategize based on the fastest growing segments and most revenue-generating segments mentioned in the report.

Based on price, the sub-USD 150 segment held the largest market share in 2021, attracting more than two-fifths of the global market, and is expected to maintain its leading status over the forecast period. The $151 to $250 segment, on the other hand, is expected to quote the fastest CAGR of 17.1% during the forecast period.

Based on applications, the music and entertainment segment held the dominant market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leading status during the forecast period. The gaming segment, on the other hand, is expected to quote the fastest CAGR of 16.5% during the forecast period.

Based on distribution channel, the offline segment held the largest market share in 2021, holding more than half of the global market. The online segment, on the other hand, is expected to quote the fastest CAGR of 16.9% during the forecast period and is expected to maintain its leading status during the forecast period.

Based on the region, the market across North America held the largest market share in 2021, garnering more than a third of the global market, and is expected to maintain its leading status over the forecast period. The Asia-Pacific region, on the other hand, is expected to quote the fastest CAGR of 18.1% during the forecast period.

Key players analyzed in the Global Wireless ANC Headphones Market report include Harman International Industries, Incorporated, Koninklijke Philips NV, Boat, Hammer, Toshiba Corporation, Logitech, Sony, Sennheiser, Apple, Bose, Xiaomi Corporation, and Asustek Computer Inc. .

The report analyzes these key players in the global luxury jewelry market. These market players have effectively used strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to enhance their prowess in the industry and establish competitive advantage. The report is useful for analyzing recent developments, product portfolio, business performance, and operating segments of prominent market players.

MAIN BENEFITS FOR STAKEHOLDERS

  • This study includes an analytical description of the Wireless ANC Headphones market size along with current trends and future estimates to outline the impending investment pockets.

  • The global Wireless ANC Headphones Market analysis is determined to understand profitable trends to gain a stronger foothold.

  • The report presents information related to key drivers, restraints and opportunities with detailed impact analysis.

  • Current Wireless ANC Earphones Market forecast is quantitatively analyzed from 2021 to 2031 to assess financial proficiency.

  • Porter’s Five Forces analysis illustrates the power of buyers and suppliers in smart signage.

  • The report includes the major vendors market share and Wireless ANC Headphones market trends.

Key market segments

  • Price

    • Below USD 150

    • $151 TO $250

    • Above 251USD

  • Application

    • Games

    • Virtual reality

    • Music and Entertainment

    • Others (Fitness, Sports)

  • Distribution channel

  • By region

    • North America

    • Europe

      • UK

      • Germany

      • France

      • The rest of Europe

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Rest of Asia-Pacific

    • LAMEA

      • Latin America

      • Middle East

      • Africa

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“We have also published some syndicated market studies in the same field that you may be interested in. Below is the title of the report for your referenceconsidering the impact of Covid-19 on this market which will help you to assess the aftereffects of the pandemic on the short and long term growth trends of this market.

About Us

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.


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