China to Lead Asia-Pacific Wireless Headsets Market through 2023

Growing application of headsets across various fields such as military, rising sophistication of headsets as a value-added product for other electronic devices and prominence of no headphone jack in upcoming smartphones to drive Asia-Pacific wireless headsets market through 2023

According to TechSci Research report, “Asia-Pacific Wireless Headsets Market By Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013 – 2023”, Asia-Pacific wireless headsets market is projected to register a CAGR of 16.5% during 2018-2023. Wireless headsets are becoming increasingly sophisticated in providing audio output as well as hassle-free connectivity with other electronic devices such as laptops, smartphones, music players and tablets. Moreover, rapidly growing online streaming service industry and music industry is expected to contribute significantly to the Asia-Pacific wireless headsets market growth. In 2016, more than 340 million units of headsets were shipped, globally, as compared to 331 million headsets in 2015.

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 In 2017, on-ear segment accounted for majority share in the region’s wireless headsets market, and is forecast to maintain its dominance through 2023, owing to compatibility with a wide array of electronic devices along with the convenience and comfort that the product offers. Exclusive stores account for the largest market share, due to the convenience of having good brands available at a single location, providing lucrative discounts and offers. China is the major demand generating country for wireless headsets in Asia-Pacific, owing to high growth of the mobile device industry. According to the World Bank, the number of internet users has been showing a high growth rate in the past years, indicating strong demand for allied electronic devices using headsets.

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“Wireless headsets market in Asia-Pacific is an industry that is heavily dependent on the mobile device industry. Countries with rapidly growing mobile device industries such as India, China and Philippines are expected to significantly drive the market, as the applications for wireless headsets have tremendous scope in the personal space as well as the corporate space. Moreover, the advent of online streaming services such as Netflix, Amazon Prime and Hulu is a key factor for the growth of the wireless headsets industry, as consumers like to enjoy these services on their personal devices, encouraging them to buy wireless headsets.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Asia-Pacific Wireless Headsets Market By Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of wireless headsets market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in Asia-Pacific wireless headsets market. 

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