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 fueling 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 AirPods’ 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 AirPods use computational audio for delivering breakthrough sound with Adaptive EQ. These AirPods can be resistant to sweat and water and feature a force sensor for intuitive and easy control of phone calls and music.
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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
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Earbuds Market Report Segment
By Type
- Wired Earbuds
- Wireless Earbuds
By Price Range
- Premium Range
- Mid-Range
- Low Range
By Distribution Channel
- Online
- Offline
Global Earbuds Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global earbuds market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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