Market Overview:
The global true wireless stereo earbuds market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for true wireless stereo earbuds from consumers owing to their convenience and portability. Additionally, the growing trend of using headphones for listening to music and making calls is also contributing towards the growth of this market. Based on type, Bluetooth 5.0 is expected to account for a major share of the global true wireless stereo earbuds market during the forecast period. This can be attributed to its superior features such as longer range and faster data transfer rates as compared with other types of Bluetooth standards such as Bluetooth 4.2 and others.
Product Definition:
True wireless stereo earbuds are earbuds that connect to each other wirelessly, rather than using a cable. This allows users to move around more freely and experience less interference. The importance of true wireless stereo earbuds is that they provide a more immersive listening experience by eliminating the need for wires between the two buds.
Bluetooth 5.0:
Bluetooth 5.0 is the latest wireless technology, which was initially launched in 2014 with Bluetooth 4.0.
Bluetooth 4.2:
Bluetooth 4.2 is a wireless technology used for connecting two devices wirelessly. It has better range and speed than Bluetooth 4.1, which was its previous version. The improvement in this version is the increase in data transfer rate up to 867 Mbps from 400 Mbps previously making it more efficient for streaming music, videos and calls over longer distances with less interruption due to network latency (time between sending an instruction and receiving the response).
Application Insights:
The specialty stores segment held the largest market share of more than 40% in 2017. The growth can be attributed to the high adoption of wireless earbuds among fitness freaks, audiophiles and music fans. Furthermore, prominent retailers including Target Corporation, Walmart Inc., and Amazon.com Inc have started offering these products on their online stores which is further driving the demand for Goggle-free True Wireless Stereo Earbuds (TWEB) in general.
Specialty stores are expected to continue dominating over next few years owing to their wide product portfolio that includes different types of earphones along with TWEB devices from various manufacturers such as Jabra, Phiaton PS 60NC true wireless headphones, Bose SoundSport Free true wireless headphones and many more.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the increasing demand for wireless headphones in this region. In North America, consumers are ready to spend more on fitness and health-related products owing to rising obesity problems among people. This has led marketers of these products to increase their advertising and marketing expenditure, which is expected favorably impact market growth over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years due its growing population coupled with increasing disposable income levels among emerging economies such as China and India, thereby driving regional product sales and adoption rates high over this period of time.
Growth Factors:
- Increasing demand for wireless audio devices: The global market for true wireless stereo earbuds is expected to grow at a CAGR of more than 50% during the forecast period. This can be attributed to the increasing demand for wireless audio devices, especially among millennials.
- Growing popularity of sports and fitness activities: The popularity of sports and fitness activities is driving the demand for true wireless stereo earbuds, as they offer a better listening experience than traditional headphones.
- Proliferation of smart devices: With the proliferation of smart devices such as smartphones and tablets, there is an increase in the demand for portable audio solutions such as true wireless stereo earbuds.
- Development of advanced technologies: Rapid advancements in technology are helping to drive down the cost of true wireless stereo earbuds, making them more affordable to consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
True Wireless Stereo Earbuds Market Research Report
By Type
Bluetooth 5.0, Bluetooth 4.2, Others
By Application
Specialty Stores, Retail Stores, Online
By Companies
Apple, Samsung, Huawei, Sony, Xiaomi, Jabra, JLab, Skullcandy, Edifier, Anker, Librastone, Bang & Olufsen, Sennheiser, QCY, JBL, LG, Bose, Oppo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global True Wireless Stereo Earbuds Market Report Segments:
The global True Wireless Stereo Earbuds market is segmented on the basis of:
Types
Bluetooth 5.0, Bluetooth 4.2, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialty Stores, Retail Stores, Online
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple
- Samsung
- Huawei
- Sony
- Xiaomi
- Jabra
- JLab
- Skullcandy
- Edifier
- Anker
- Librastone
- Bang & Olufsen
- Sennheiser
- QCY
- JBL
- LG
- Bose
- Oppo
Highlights of The True Wireless Stereo Earbuds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bluetooth 5.0
- Bluetooth 4.2
- Others
- By Application:
- Specialty Stores
- Retail Stores
- Online
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the True Wireless Stereo Earbuds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
True Wireless Stereo Earbuds are wireless earbuds that allow you to listen to music and audio without having to worry about cords. They come with a built-in microphone and remote, so you can control your music without ever having to take them out of your ears.
Some of the key players operating in the true wireless stereo earbuds market are Apple, Samsung, Huawei, Sony, Xiaomi, Jabra, JLab, Skullcandy, Edifier, Anker, Librastone, Bang & Olufsen, Sennheiser, QCY, JBL, LG, Bose, Oppo.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 True Wireless Stereo Earbuds Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 True Wireless Stereo Earbuds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 True Wireless Stereo Earbuds Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the True Wireless Stereo Earbuds Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global True Wireless Stereo Earbuds Market Size & Forecast, 2020-2028
4.5.1 True Wireless Stereo Earbuds Market Size and Y-o-Y Growth
4.5.2 True Wireless Stereo Earbuds Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bluetooth 5.0
5.2.2 Bluetooth 4.2
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Specialty Stores
6.2.2 Retail Stores
6.2.3 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global True Wireless Stereo Earbuds Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 True Wireless Stereo Earbuds Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bluetooth 5.0
9.6.2 Bluetooth 4.2
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Specialty Stores
9.10.2 Retail Stores
9.10.3 Online
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bluetooth 5.0
10.6.2 Bluetooth 4.2
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Specialty Stores
10.10.2 Retail Stores
10.10.3 Online
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bluetooth 5.0
11.6.2 Bluetooth 4.2
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Specialty Stores
11.10.2 Retail Stores
11.10.3 Online
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bluetooth 5.0
12.6.2 Bluetooth 4.2
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Specialty Stores
12.10.2 Retail Stores
12.10.3 Online
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bluetooth 5.0
13.6.2 Bluetooth 4.2
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Specialty Stores
13.10.2 Retail Stores
13.10.3 Online
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 True Wireless Stereo Earbuds Market: Competitive Dashboard
14.2 Global True Wireless Stereo Earbuds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Samsung
14.3.3 Huawei
14.3.4 Sony
14.3.5 Xiaomi
14.3.6 Jabra
14.3.7 JLab
14.3.8 Skullcandy
14.3.9 Edifier
14.3.10 Anker
14.3.11 Librastone
14.3.12 Bang & Olufsen
14.3.13 Sennheiser
14.3.14 QCY
14.3.15 JBL
14.3.16 LG
14.3.17 Bose
14.3.18 Oppo
