Global Business Headsets Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 0.78 Billion |
Market Size (Forecast Year) |
USD 2.39 Billion |
CAGR |
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Major Markets Players |
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Global Business Headsets Market, By Type (USB Series Corded Headset, USB Series Bluetooth Headsets), Application (Financial, Retail, Others), Distribution Channel (Exclusive Showrooms, Online Sales Channel, Others) - Industry Trends and Forecast to 2029
Market Analysis and Size
Business process outsourcing and call centers have witnessed high growth in the past few years owing to the evolving business environment and government involvement demanding the professional headphones.
Global Business Headsets Market was valued at USD 0.78 billion in 2021 and is expected to reach USD 2.39 billion by 2029, registering a CAGR of 12.45% during the forecast period of 2022-2029. Retail accounts for the largest component segment in the respective market owing to the rise in e-commerce sector. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Business headsets market is a type of comprehensive business study on the current state of industry which helps in analyzing innovative strategies for business growth and describes important factors such as production value, top manufacturers, key regions and growth rate.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Type (USB Series Corded Headset, USB Series Bluetooth Headsets), Application (Financial, Retail, Others), Distribution Channel (Exclusive Showrooms, Online Sales Channel, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
Audio-Technica Corporation (Japan), Bose Corporation (US), Dell Inc. (US), GN Store Nord A/S (Denmark), Koss Corporation (US), Logitech. (Switzerland), Microsoft (US), Plantronics, Inc. (US), Sennheiser electronic GmbH & Co. KG (Germany), and ClearOne Inc. (US), among others |
Market Opportunities |
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Business Headsets Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increase in Demand for Mobility
The increase in demand for mobility and portability acts as one of the major factors driving the business headsets market. Also, surge in the adoption of UC-enabled devices has a positive impact on the market growth.
- Need for Efficient Communication
The rise in productivity levels of employees accelerate the market growth. The increase in demand for telecommuting, among others owing to the need for efficient communication with clients drives the market further.
- Advent of Artificial Intelligence
The rise in the advent of artificial intelligence, such as automation and automation in the business process further influence the market. Numerous banks are inclining towards AI since people often interact with their banks to get necessary information.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the business headsets market.
Opportunities
Furthermore, technological advancements such as the introduction of nano-chip technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in importance of audio and video conferencing will further expand the market.
Restraints/Challenges
On the other hand, high cost associated with the Bluetooth headphones is expected to obstruct market growth. Also, unorganized sector is projected to challenge the business headsets market in the forecast period of 2022-2029.
This business headsets market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on business headsets market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Business Headsets Market
The COVID-19 had a negative impact on the business headsets market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand business headsets technology. The supply chain got hampered during the pandemic along with delay logistics activities. However, the business headsets market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Recent Developments
- EPOS launched ADAPT range and EXPAND 30T in December’2020. These headphones are specifically designed for professionals seeking audio solutions featuring microphones that eliminate background noise.
Global Business Headsets Market Scope and Market Size
The business headsets market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- USB Series Corded Headset
- USB Series Bluetooth Headsets
Application
- Financial
- Retail
- Others
Business Headsets Market Regional Analysis/Insights
The business headsets market is analysed and market size insights and trends are provided by country, type and application as referred above.
The countries covered in the business headsets market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the business headsets market because of the shift in the traditional pattern of using desk phones to headphones and presence of key players within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the establishment of manufacturing plants in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Business Headsets Market
The business headsets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to business headsets market.
Some of the major players operating in business headsets market are
- Audio-Technica Corporation (Japan)
- Bose Corporation (US)
- Dell Inc. (US)
- GN Store Nord A/S (Denmark)
- Koss Corporation (US)
- Logitech. (Switzerland)
- Microsoft (US)
- Plantronics, Inc. (US)
- Sennheiser electronic GmbH & Co. KG (Germany)
- ClearOne Inc. (US)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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