Global Bluetooth Stereo Headset Market targets USD 9.5 BN by 2025
Posted On April 18, 2019
The Global Bluetooth Stereo Headset Market is projected to touch USD 9.5 BN by 2025 with a CAGR of 7% from 2019 to 2025 according to the new report published by Value Market Research. The market was valued USD 5.9 BN in 2018. Bluetooth Stereo Headset market is primarily growing on the ground of rising adoption of wireless technology in electronic devices such as smartphones, tablet, laptops, and other smart gadgets. Rising usage of the internet and growing e-commerce industry is increasing the online sale of this product which is also expected to propel the market growth. Further, rising popularity and growth of streaming services such as Amazon Prime, Spotify, and YouTube, has also led to a rise in demand for bluetooth stereo headset. On the downside, availability of counterfeit product is one of the major concerns that can impact the market negatively.
Bluetooth stereo headset is a wireless headset which enables hands-free calling and listening music with excellent sound quality, battery life, and other features to lure customers. This device provides better noise protection with enhanced sound quality. Bluetooth stereo headset can be connected to a smartphone, tablet, iPod, and other advanced devices.
The report "Global Bluetooth Stereo Headset Market Report By Type (Premium And Economic), By Distribution Channel (Online, Single Brand Showroom And Multi Brand Showroom) and By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025" provides growth path, limitations, opportunities, challenges, along with the emerging countries of stereo bluetooth headsets, and competitive analysis.
Segmentation area covers type, distribution channel, and region. Type include premium and economic. Out of which, the premium is accounted for the largest market share owing to its excellent sound quality and ideal base output which makes them popular among the music lovers. Distribution channel comprises online, single brand showroom, and multi brand showroom. Among which, multi-brand showroom accounted for the largest share in the market owing to rising number of multi-brand showroom across the developed and developing region, also it is fastest growing market as it offers products for inspection and even seeks out advice about what to buy.
Regional assessment has been done over North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. At present North America is dominating the market and the only reason for its dominance is the rising adoption of smart homes in the region which is fueling the overall market growth.
The Report Segments Global Bluetooth Stereo Headset Market -
By Distribution Channel
- Single Brand Showroom
- Multi Brand Showroom
- North America
- Latin America
- Middle East and Africa
Players Profiled In The Report:
Apple Inc., Beats Electronics, Bose Corp., Jawbone, LG Corp., Motorola, Phillips, Plantronics, Samsung and Sony Corp.
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