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Global Headphone Market - Strategic Assessment and Forecast 2017 - 2022NEW YORK, April 27, 2017 /PRNewswire/ -- Headphone Market – Report Insights The global smart headphone market is going to witness an exponential growth over the forecast period driven by the increasing adoption of wireless headphone. The demand for wireless headphone has grown as an increasing number of consumers focus on aesthetics of a product. However, the global non-smart headphone market is expected to have a slow growth as the segment is experiencing stagnation, globally. The segment is expected to exhibit a decline after 2020 because of the availability of technologically advanced headphones. Headphone Market – Trends, Drivers and Challenges Product miniaturization, changing consumer preferences, and technological advancements are the major drivers in the coming years. Headphone miniaturization has run parallel to the progressive miniaturization of the audio players themselves and hence is the emerging trend in the global headphone market. The report outlines the major trends of the global headphone market which is going to drive the sales and revenue. The rise in in-ear and over-ear product offerings, rapid growth of active noise control technology and wireless connectivity are among the major trends discussed in the report. High interoperability of headphone with smartphones and tablets, increased partnerships with mobile device manufacturers, and short replacement cycle of headphone are the key factors driving the headphone market growth. The report provides a detailed analysis of the challenges for the market. It also provides the Porter's five forces analysis along with a description of each of the forces and its impact on the market. Headphone Market – Geographical Segmentation The report includes the market analysis of different regions such as North America, Latin America, APAC, and EMEA. It outlines the major market share holders and the market size analysis of all the regions. Europe is the largest market in terms of both, volume (shipments) and value (revenue) and is strongly influenced by the popularity of music in Western Europe and Scandinavian countries. The penetration of smart headphone is high in these countries as they are technologically advanced. North America is the second largest market, following Europe, in terms of both, volume (shipments) and value (revenue), which is heavily influenced by technology adoption in the US. The market in APAC region is driven by the high population and rising disposable income of the middle-class population, which is prominent in developing countries in the region. Developed countries such as Japan and South Korea are considered as the innovators in the market. The headphone market in Latin America region is expected to grow faster than the overall global market in terms of shipments, which is closely linked to device adoption growth. Headphone Market – Key Vendors and Market Share The global headphone market is fragmented, with the presence of many local and global vendors. Innovation in technology by leading vendors is a major factor influencing the growth of the market, which is characterized by intense competition. The report includes the market analysis of different regions such as North America, Latin America, APAC, and EMEA. It outlines the major market share holder and the market size analysis of all the regions. The global headphone market is dominated by five major players: • Beats Electronics LLC • Bose • Sony • Sennheiser • Skullcandy Other prominent vendors in the global headphones market included in the report are AIAIAI, AKG, Apple, Audio-Technica, Beyerdynamic, Creative, Denon, Grado Labs, The House of Marley, JAYS, JBL, JVCKenwood, Logitech, Molami, Monster Inc., Panasonic, Parrot, Pioneer, Shure, SMS Audio, Sol Republic, Urbanears, and Westone. Why should you buy the report? The report provides answers to the following questions related to the global headphone market. 1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years? 2. What are the various factors that can affect the market over the next few years? 3. What are the major emerging trends and challenges for the market over the next five years? 4. What is the market size and market forecast for each product segment? 5. What is the market size and market forecast for each end-user type? 6. Which region is going to have the largest market share and what are the factors driving the market growth in that region? 7. What is the sale growth rate in key geographies? 8. Which are the key countries in terms of market size and market forecast? 9. Which are the key vendors in the market? 10. What are the key strategies implemented by the leading vendors to increase growth opportunities? 11. Which are the key emerging vendors in the market? Read the full report: http://www.reportlinker.com/p04835179/Global-Headphone-Market-Strategic-Assessment-and-Forecast.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-headphone-market---strategic-assessment-and-forecast-2017---2022-300447593.html SOURCE Reportlinker 
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