With respect to region, North America and Europe are expected to show high market attractiveness in the coming years, with North America at the forefront. The mono Bluetooth headsets market in North America is estimated to reach a noteworthy market valuation by the end of the year of assessment. This market scenario in North America can be attributed to the increasing research and development in the technology sector associated with Bluetooth devices, increasing investments by number of players in developing new products and high per capita expenditure of people on mobile accessories. Europe region is expected to be the second largest in terms of market valuation. Mono Bluetooth headsets market in both North America and Europe regions is expected to grow at similar pace in the coming years. However, Asia Pacific excluding Japan (APEJ) region is expected to radiate high growth opportunities in the years to follow.
The global mono Bluetooth headsets market has been thoroughly analyzed by Transparency Market Research (TMR). The research report covers market intelligence on mono Bluetooth headsets that includes analysis on major competitors operating in the market. The competitive analysis section includes analysis on various aspects associated with the key players, for instance, product synopsis, developments and innovations, key strategies, key personnel, geographical spread and other financials. These key players are continuously striving to grab a major portion of the market across the globe by expanding their footprint across regions. Companies such as MOTO, Widex A/S, GNNetcom (Jabra), Panasonic, Microsoft, Plantronics, Sennheiser, Samsung (Harman), Logitech (Jaybird), Bose and LG have been profiled in this research report.
According to Transparency Market Research, the global mono Bluetooth headsets market is projected to grow at a value CAGR of 7.3% during the period of forecast to reach a significant valuation of more than US$ 6 Bn by the end of the year of assessment.
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Few Key Segmental Insights on Global Mono Bluetooth Headsets Market
The global mono Bluetooth headsets market is segmented on the basis of product type, application, distribution channel and region.
With respect to region, North America and Europe are expected to show high market attractiveness in the coming years, with North America at the forefront. The mono Bluetooth headsets market in North America is estimated to reach a noteworthy market valuation by the end of the year of assessment. This market scenario in North America can be attributed to the increasing research and development in the technology sector associated with Bluetooth devices, increasing investments by number of players in developing new products and high per capita expenditure of people on mobile accessories. Europe region is expected to be the second largest in terms of market valuation. Mono Bluetooth headsets market in both North America and Europe regions is expected to grow at similar pace in the coming years. However, Asia Pacific excluding Japan (APEJ) region is expected to radiate high growth opportunities in the years to follow.
In the product type category, the HSP (Headset Profile) segment reflected high market share in 2017. This trend is expected to continue over the forecast period and this segment is estimated to reach a high market valuation of more than US$ 2 Bn by end of the year of assessment, thus leading the global market. Moreover, the Advanced Audio Distribution profile (A2DP) and the Hands Free Protocol (HFP) segments are expected to grow at a significant pace during the forecast period, however the latter is expected to showcase comparatively higher market strength and growth rate in the coming years. The adoption of Hands Free Protocol (HFP) is expected to increase at a high rate during the forecast period. This segment is thus anticipated to showcase high growth potential for mono Bluetooth headsets market.
ono Bluetooth headsets have undergone various advancements owing to increasing developments by key players in their respective product portfolios. These advances have pushed the usability quotient of mono Bluetooth headsets making them a versatile innovation that offers convenience to users. The North America region has shown increased inclination towards the usage of mono Bluetooth headsets making this region highly attractive for the market’s growth. Moreover, Europe is also expected to show a boost in the adoption of mono Bluetooth headsets in the years to follow. In addition, Asia Pacific excluding Japan (APEJ) region is anticipated to reflect increasing sales of mono Bluetooth headsets, making this region a potential revenue pocket that can be looked upon as a major investment option in the years to come.
Sales of Mono Bluetooth Headsets for Communication Purpose to Surpass US$ 3 Bn by the End of the Assessment Period
Mono Bluetooth headsets have been used predominantly for communication purposes. The use of mono Bluetooth headsets for communication has been increasing across the globe, thus making the communication application segment to be a dominating one. This segment is estimated to reach a valuation of more than US$ 3 Bn by 2026 end and is projected to grow at a significant pace in the coming years. On the other hand, the sports segment in the application category is expected to grow at a value CAGR of 7.4% throughout the assessment period.
Competitive Analysis
The informative research report on global mono Bluetooth headsets market covers analysis of various key players involved in the market. Aspects such as company overview, key financial aspects, product portfolio, developments and strategies of the key players have been covered thus offering a complete intelligence package. Major players such as LG, Bose, Logitech (Jaybird), Samsung (Harman), Sennheiser, Plantronics, Microsoft, Panasonic, GNNetcom (Jabra), Widex A/S and MOTO have been included in this research report.
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