Wireless Earphones Global Market To Reach Value Of About $6 Billion In 2025

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The wireless earphones market consists of sales of wireless earphones by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing wireless earphones. Wireless headphones are connected to a device such as a computer, television, stereo speaker, smartphone, gaming console, and other electronic devices without using a cable or wire. Wireless earphones transmit audio signals through radio or IR (infrared) signals, depending on the device. They connect to the device via Bluetooth technology and Wi-Fi. Only goods and services traded between entities or sold to end consumers are included.

Global Wireless Earphones Market Size And Drivers:

The global wireless earphones market is expected to grow from $4.56 billion in 2020 to $4.65 billion in 2021 at a compound annual growth rate (CAGR) of 2.01%. The slow growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The wireless earphones market is expected to reach $5.69 billion in 2025 at a CAGR of 5.2%. A rising preference for wireless devices connected with the improved use of smart technology is predicted to fuel demand for wireless earphones over the forecast period.

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Trends In The Global Wireless Earphones Market

Technology advancements are a leading trend gaining popularity in the wireless earphones market. Major players operating in the market are continuously focusing on technological innovations to meet customer’s requirements and expand the company’s customer base. For instance, in August 2020, Sony introduced the WF-1000XM3 true wireless earphones with active noise cancellation in India. These earphones were launched globally in 2019. Sony WF-1000XM3 comes with a proprietary QN1e processor for active noise cancellation. The earphones have 6mm, dynamic drivers, a frequency response range of 20Hz to 20,000Hz, Bluetooth 5.0 for connectivity, and support for the SBC and AAC Bluetooth codecs.

Global Wireless Earphones Market Segments:
The global wireless earphone market is further segmented –
By Product Type: In-Ear, Neckband, TWS (True Wireless Stereo), Others
By Connectivity: Wi-Fi, Bluetooth
By Application: Music And Entertainment, Sports And Fitness, Gaming And Virtual Reality
By Distribution Channel: Hypermarkets/ Supermarkets, Multi Branded Stores, Exclusive Stores, Online Channels
By Geography: The global wireless earphones market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Wireless Earphones Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides wireless earphones market overviews, analyzes and forecasts market size and growth for the global wireless earphones market, wireless earphones market share, wireless earphones market players, wireless earphones market segments and geographies, wireless earphones market’s leading competitors’ revenues, profiles and market shares. The wireless earphones market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.