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Bluetooth Headphones Market Share

Report ID: GMI4567
Published Date: Feb 2020
Report Format: PDF

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Bluetooth Headphones Market Share

Industry players are focusing on new product development strategies to strengthen their product portfolio and increase customer base. For instance, Plantronics, Inc. provides a range of bluetooth headphones and earbuds with advanced features such as 3D sound bar, lightness in design, and noise cancellation. Several technology partners are offering products at low prices and partnering with online retailers. Branding strategies also help vendors to enter and capture untapped markets.

Some of the key companies operating in the market include

Aftershoktz LLC
Apple, Inc.
Anker Technology (UK) Ltd.
Audio-Technica Corporation
Bang and Olufsen A/S
Beats Electronics LLC.
Beyerdynamic GmbH & Co. KG
Bose Corporation
Bowers & Wilkins Group Ltd.
Harman International Industries, Inc
Jabra Corporation
Jaybird, LLC
JLab Audio
LG Electronics Inc.
Microsoft Corporation
Motorola Solutions, Inc.
MPOW
Koninklijke Philips N.V
Plantronics, Inc.
QCY
Sennheiser Electronic
Sentry Industries, Inc
Skullcandy, Inc.
Sony Corporation
TZUMI Electronics LLC.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of bluetooth headphones surpassed USD 60 billion in 2019.

The industry share of bluetooth headphones is poised to grow at a CAGR of over 10% between 2020 and 2026.

According to this forecast report by GMI, the North America market revenue is estimated to reach USD 34 billion by 2026 driven by presence of numerous established market players such as Apple, Plantronics, Bose Corporation, and Bowers & Wilkins.

The earbuds segment held a major share in the market with over 75% in 2019 and is expected to continue its dominance till 2026 owing to rising uptake of earbud earphones for better comfort, high fidelity audio, and true wireless features.

The UK market is expected to witness a steady growth through 2026 due to increasing use of high-quality audio systems coupled with technological advancements in wireless technology.