The global headset market size is estimated to reach approximately USD 20,465.7 million by 2024, according to a new study conducted by Grand View Research, Inc.
The report cites a number of factors that are contributing to headset category growth such as increased sales of portable devices such as smartphones and laptops. Advances in audio innovation including bone conduction and near field magnetic inductance (NFMI) are also expected to make an impact on sales in the category.
Headsets within the range of USD 50-100 are expected to experience high demand during the forecast period. This segment demand was valued at 95.0 million units in 2015 and is expected to grow at a CAGR of 12.4% from 2016 to 2024.
In a separate report, global technology market research and advisory firm Technavio anticipates the global gaming headset market to grow by USD 788.08 million (a CAGR growth rate of close to 7%) between 2020 & 2025.
For more information about the Grand View report, click here
For more information about the technavio report, click here