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Research and Markets - Global Headphone Market 2017-2021 with Beats Electronics, Bose, Sennheiser, Skullcandy & Sony Ahead of the BeatDUBLIN, Jan 6, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Headphone Market 2017-2021" report to their offering. The global headphone market to grow at a CAGR of 5.46% during the period 2017-2021. Global Headphone Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of headphones The latest trend gaining momentum in the market is growing consumer awareness. Consumers have always been victims of counterfeit mobile accessories in the past, and the issue is predominant in APAC, which is considered as the hub for counterfeit products. With the advent of social media, an increasing number of customers are becoming more aware of specifications, look, and style. The future of the global headphone market from a vendor's point of view will depend on the amount allocated to the R&D sector and on how it intends to satisfy customers' expectations in terms quality of service and quality of experience. Further, the report states that one of the major factors hindering the growth of this market is increasing popularity of counterfeit headphones. The availability of counterfeit products in the market is a major concern for headset manufacturers. APAC is considered as the hub for counterfeit products because the products are easily available at very low prices. Many people are buying such products because they are cheap and copies of big brands. The products are sold at less than a quarter of the price of the original product. Counterfeit products are eating into the market shares of leading vendors, resulting in huge losses. Key vendors
Other prominent vendors
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