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Global Headphone Market 2015-2019 - Increased Adoption of Over-ear Headphones with Beats Electronics, Bose, Sennheiser Electronic, Skullcandy & Sony DominatingDUBLIN, Mar. 23, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/zd9jgv/global_headphone) has announced the addition of the "Global Headphone Market 2015-2019" report to their offering. The analysts forecast the Global Headphone market to grow at a CAGR of 12.70% in terms of revenue over the period 2014-2019. In terms of volume, the market is forecasted to grow at a CAGR of 4.18% One key trend being witnessed inthe market is the rapid adoption of over-ear headphones. The rise in disposable income, especially among individuals in developed countries, the proliferation of smartphones, and the availability of headphones with advanced features, has increased the purchase of over-ear headphones. According to the report, one major factor propelling this market's growth is advances in technology. The availability of various technologies such as noise cancellation, SRS Wow effect, and extra bass in headphones has resulted in a huge demand for these advanced headphones worldwide. Further, the report states that the availability of counterfeit products is a key challenge for the market. In recent years, the market has been flooded with counterfeit products, which are eating into the market share of leading vendors and adversely affecting the sales of original headphones. Key Vendors
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/zd9jgv/global_headphone Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-headphone-market-2015-2019---increased-adoption-of-over-ear-headphones-with-beats-electronics-bose-sennheiser-electronic-skullcandy--sony-dominating-300054494.html SOURCE Research and Markets |