Technological Advancements to Drive North America Wireless Headsets Market at 16% CAGR through 2023: TechSci Research

According to TechSci Research report, “North America Wireless Headsets Market By Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013 – 2023”, North America wireless headsets market is projected to register a CAGR of over 16% during 2018-2023. One of the trends in the region’s mobile industry is increasing sophistication like the removal of jack from iPhone, which was first launched in the United States, which in turn is expected to fuel the market in coming years. As consumers are looking for feature rich headsets, manufacturers are anticipated to come up with more advanced product portfolio during the forecast period, which would have a positive impact on North America wireless headsets market.

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In 2017, on-ear segment accounted for majority share in the wireless headsets market and is likely to maintain its market dominance in coming years. However, in the United States, share of earbuds is expected to rise during the forecast period, as Apple is targeting this particular segment with additional features. According to the World Bank, internet penetration grew from 74.55% in 2015 to 76.17% in 2016 in the United States, highlighting strong demand for online services like listening to music and watching videos in the country. United States leads the market, followed by Canada, owing to higher per capita and preferences towards wireless headsets. Multi-branded stores are the dominating distribution channel in the North America wireless headsets market, due to the availability of multiple brands.

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“Beats acquisition by Apple is the turnaround for the North America wireless headsets market, as Apple has started its own wireless earbuds after the acquisition. Moreover, the trend of online streaming services is a key factor expected to drive the growth of wireless headset market in the region, as consumers like to enjoy these services on their own personal devices, thereby leading to huge sales of wireless headsets in the years to come.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

North America Wireless Headsets Market By Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of wireless headsets market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in North America wireless headsets market.

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