Overview and Scope
Smart headphone are special headphones that offer smart features like voice commands using a digital assistant, noise cancellation, transparency mode, touch-based controls, and fitness tracking. They are equipped with built-in computing power. They connect with Bluetooth technology and have built-in sensors in them to track the movement and vitals of consumers.
Sizing and Forecast
The smart headphones market size has grown exponentially in recent years. It will grow from $10.94 billion in 2023 to $13.27 billion in 2024 at a compound annual growth rate (CAGR) of 21.3%. The growth in the historic period can be attributed to wireless connectivity demand, integration of AI assistants, rise of wearable technology, customizable listening experiences, fitness and health tracking.
The smart headphones market size is expected to see exponential growth in the next few years. It will grow to $28.12 billion in 2028 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to advancements in biometric sensing, integration with augmented reality (AR), focus on sustainable materials, enhanced battery life and charging solutions, application in remote work and learning. Major trends in the forecast period include focus on fitness and wellness integration, wireless connectivity innovations, sustainability and eco-friendly materials, augmented reality (AR) and virtual reality (VR) integration, gesture and touch controls.
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Segmentation & Regional Insights
The smart headphones market covered in this report is segmented –
1) By Type: In Ear, On Ear, Over Ear
2) By Technology: Wired, Wireless
3) By Application: Sports And Fitness, Gaming, Music And Entertainment, Other Applications
4) By Distribution Channel: Online, Offline
North America was the largest region in the smart headphones market in 2023. The regions covered in the smart headphones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising penetration of smart devices is expected to propel the growth of the smart headphones market. A smart device is an electronic device that can share, connect, and interact with other smart devices and users. The increasing penetration of smart devices such as tablets, smartphones, laptops, streaming media players, smart TVs, and other multimedia devices will promote the demand for accessories such as smart headphones. For instance, in March 2022, according to the Cybercrew article, a UK-based company association of tech-obsessed people that works on computers, mobile phones, and gaming, around 87% of adults owns smartphones in the year 2020 and with a global smartphone penetration rate of 78.9%, the UK is ranked second. Additionally, 72% of people in the UK had access to mobile internet in 2020, and in 2021, 97.5% of people used smartphones to access their social media handles. Therefore, the rising penetration of smart devices will drive the growth of the smart headphones market.
Key Industry Players
Major companies operating in the smart headphones market report are Apple Inc., SkuLLCandy Inc., Samsung Electronics Co Ltd., Huawei Device Co Ltd., Sony Corporation, LG Electronics Inc., Intel Corporation, Panasonic Corporation, Pioneer Corporation, Koninklijke Philips NV, Harman International Industries Incorporated, Monster Inc., Logitech International S.A., Bose Corporation, GN Store Nord A/S, Plantronics Inc., Sennheiser Electronic GmbH & Co KG, Shure Incorporated, Bowers & Wilkins Group Ltd., Klipsch Group Inc., Jaybird LLC, Creative Technology Ltd., Sol Republic Inc., Audio-Technica Corporation, Beyerdynamic GmbH & Co KG, Bragi GmbH, Streamz Inc., Grado Labs, SMS Audio LLC, Denon Electronics USA LLC, Turtle Beach Corporation, V-Moda LLC
The smart headphones market report table of contents includes:
1. Executive Summary
2. Smart Headphones Market Characteristics
3. Smart Headphones Market Trends And Strategies
4. Smart Headphones Market – Macro Economic Scenario
5. Global Smart Headphones Market Size and Growth
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32. Global Smart Headphones Market Competitive Benchmarking
33. Global Smart Headphones Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Smart Headphones Market
35. Smart Headphones Market Future Outlook and Potential Analysis
36. Appendix
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