The global earbuds market is anticipated to grow at an exponential CAGR of 21.3% during the forecast period. One of the key driving factors fuelling the market growth includes the growing competitiveness among the market players. The demand for earbuds has been growing continuously over the past few years which has grown the number of market players as well. The market players have been offering new earbuds every few months, with high quality, advanced technology, and innovation. For instance, in October 2021, Apple, Inc., launched its Air-Pods’ third generation featuring unique audio with advanced features and a magical experience in a newly made design. It’s a combination of the power of the H1 chip with an Apple-designed audio system, these new Air-Pods use computational audio for delivering breakthrough sound with Adaptive EQ. These Air-Pods can be resistant to sweat and water and feature a force sensor for intuitive and easy control of phone calls and music.
Furthermore, in January 2022, Sony launched the WF-1000XM4 earbuds. These TWS earbuds are supported by both iPhones and Android operating software and provide a companion application known as Sony Headphone Connect. The earbuds come with an integrated V1 processor which adds improved noise cancellation performance of Sony’s QN1e chip. It also offers a dual noise sensor for high-performance microphones for better noise cancellation.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Price Range
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Apple Inc., BRAGI GmbH, Samsung Electronics, Sennheiser electronic GmbH & Co. KG, Sony Group Corp., and others.
Earbuds Market Report Segment
By Type
- Wired Earbuds
- Wireless Earbuds
By Price Range
- Premium Range
- Mid-Range
- Low Range
By Distribution Channel
- Online
- Offline
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Earbuds Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Bose Corp.
- Edifier International Ltd.
- Huawei Device Co., Ltd.
- Imagine Marketing Pvt. Ltd. (boAt)
- Jlab
- QCY
- Realme Chongqing Mobile Telecommunications Corp., Ltd.
- Skullcandy Inc.
- vivo Mobile Communication Co., Ltd.
- Xiaomi Group
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