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MARKET
2 0 18 - 2 0 2 3
CONTENTS
Market at a Glance
Market Dynamics
Segmentation
Trend Analysis
Vendor Lists
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MARKET AT A
GLANCE
The global earbuds m a r k e t is antic ipated t o reach
values of approximately $10 billion by 2023, g r o w i n g
at a CAGR of a r o u nd 30% d u r i n g 2017-2023.
These produc ts are designed a n d launc hed in as
wireless s mart headphones w i t h sensors, chargeable
carry case, capable of c ontrolling t h e playback, a n d
activating voice assistants like Siri, Google Now,
Cortana, a n d Alexa.
In 2017, A p p l e launc hed their flagship p r o d u c t -
AirPods w h i c h eventually b e c a m e t h e highest
selling earbuds in t h e US a n d Canadian market.
The launc h of n e w p r o d u c t portfolios t h a t offer
t o u c h a n d t a p interface t o c ontrol various functions,
sensors t o recognize w h e n t o pause or play m u s i c
a n d gesture recognition t o answer/end call wi l l
trans form t h e global earbuds market.
MARKET DYNAMICS
“The d e v e l o p m e n t of i n b u i l t c o n t a c t p o i n t s t h a t en ab le
c h a r g i n g a n d chargeable carry case , w i t h o u t using any cables
t o c o n n e c t t o t h e b u d s or t h e left a n d r i g h t ear piece is
revolutioniz ing t h e c h a r g i n g m e c h a n i s m i n these products .
S o m e of t h e key c o m p a n i e s i n t h e m a r k e t are offering
wireless c h a r g i n g stations a n d using m a g n e t i c c o n d u c t i ve
t e c h n o l o g y t o charge t h e products .”
~ Research Analyst a t Ar i z t on
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TREND ANALYSIS
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VENDOR LISTS
Key Vendors P r o m i n e n t Players
Appl e Jaybird , Al pha
Alp h ab et Audiotronics , Row kin ,
Bragi Huawei , Avanca , Bang &
Sam su n g Olufson , Crazybaby ,
Nuheara Earin , Meizu , Motorola ,
Sony Jabra Waverly Labs , and
Bose M ym a nu
Arizton
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