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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