PORTLAND, Oregon, August 7, 2018 /PRNewswire/ --
According to a recent report published by Allied Market Research, titled, Global Smart Headphone Market by type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global smart headphone market was valued at $5,033.8 million in 2017, and is projected to reach $21,809.5 million by 2025, growing at a CAGR of 20.2% from 2018 to 2025.
Presently, Asia-Pacific dominates this market. In 2017, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall smart headphone market in Europe in 2017. In the same year, the U.S. dominated the North America market.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4755
In 2017, based on type, the in ear type was the dominant segment, in terms of revenue, and is anticipated to continue this trend during the forecast period. However, based on distribution channel, offline segment dominated the global market in the same year.
The key factors that drive the growth of the global market include increase in penetration of infotainment devices, rapid technological advancement, and surge in need for mobility services. However, adverse effect on hearing ability owing to excess use of headphones is expected to limit the market growth. Moreover, customers increasing need for convenience provides ample of growth opportunity.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4755
Key Findings of the Smart Headphone Market:
- On the basis of type, the in ear led the smart headphone market in the year 2017.
- The offline distribution channel dominated the global smart headphone market in 2017.
- The Asia-Pacific region held the majority of market share in 2017.
- LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
SOURCE Allied Market Research