Wireless headphones set to take over this year

November 16, 2016 //By Peter Clarke
The market for wireless headphones will surpass that of wired headphones in 2016, according to Peter Cooney, analyst with SAR Insight and Consulting.

The consumer headphone market has risen steadily almost $15.5 billion in annual sales in 2016, and is forecast to see continued strong growth to be more worth more than $20 billion in 2020.

More than a billion wireless stereo headphones are expected to ship between 2016 and 2020 inclusive and total cumulative revenues for wireless stereo headphones are forecast to be more than $60 billion.

"Sensors are becoming increasingly important in stereo wireless headphones," Cooney said. "Initially driven largely by sports applications the market longer term will see strong demand for sensors in multi-use hearables."

The Asia-Pacific region is forecast to see strongest growth in wireless headphone sales with particularly strong growth in China.

www.sarinsight.com