Feature-rich and compact in-ear sports headphones are expected to dominate developed markets during the forecast period.
Arizton’s recent market research report on the sports headphones market provides comprehensive industry analysis, trends forecasts, and competitive analysis. The research study segments the market by products (on-ear and in-ear sports headphones), features (smart sports headphones and non-smart), technologies (wired, wireless, and true wireless), distribution channel (retail and online), and geography (APAPC, Europe, Latin America, MEA, and North America).
The global sports headphones market is growing at an impressive CAGR of more than 14% during 2018–2024.
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In-ear Sports Headphones gaining popularity among fitness activists
Feature-rich and compact in-ear sports headphones are expected to dominate developed markets during the forecast period. They are gaining popularity among users that are actively engaged in streaming music during sports and fitness activities. Further, q-tip headphones are highly used by users for several day-to-day activities as they fit securely in the ear. Europe and North America are the largest markets in terms of revenue, whereas APAC and Latin America are emerging as the potential markets for the in-ear sports headphones market.
Read: Sportswear Market - Global Outlook and Forecast 2021-2026
Smartphones gadgets to influence Smart Sports Headphones
Smart sports headphones are expected to grow at a high CAGR during the forecast period. The relatively high ASP of smart sports headphones can be attributed to the presence of several innovative technological manufacturing enhancements in these headphones. They are built with the latest technology and include features such as water, sweat, and dust resistance, noise cancellation, HD and Blu-ray sound format, 3D surround sound, storage capacity among others. In addition, the increasing adoption of smartphones and tablets is a major factor influencing the market growth of smart sports headphones. Thus, the adoption of smart sports headphones by active users, athletes, and health-conscious individuals, is driving the smart sports headphones market.
Latin America and MEA to emerge as a potential market for True Wireless headphones
With the introduction of sweat and water-resistant true wireless headphones, the traction of true wireless models among consumers will permeate in sports and fitness enthusiasts. True wireless headphones are expected to increase growth opportunities for the headphones market. The true-wireless segment is focusing on providing real-time solutions such as sound transparency, ambient noise control, speech elevation, and gesture recognition. Europe and North America are the largest revenue generators, whereas Latin America and MEA are expected to merge as potential markets during the forecast period.
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Samsung, Sony, and Sennheiser are the leading vendors in the market.
The complete overview of the latest market research report on the global sports headphones market by Arizton is now available.
The report also offers a detailed study of major trends, drivers, challenges and provides market sizing and forecast for major geographical regions and key countries.
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