Global Business Headsets Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Business process outsourcing and call centers have witnessed high growth in the past few years owing to the evolving business environment and government involvement demanding the professional headphones.

Global Business Headsets Market was valued at USD 0.78 billion in 2021 and is expected to reach USD 2.39 billion by 2029, registering a CAGR of 12.45% during the forecast period of 2022-2029. Retail accounts for the largest component segment in the respective market owing to the rise in e-commerce sector. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Business headsets market is a type of comprehensive business study on the current state of industry which helps in analyzing innovative strategies for business growth and describes important factors such as production value, top manufacturers, key regions and growth rate.

Report Scope and Market Segmentation

Business Headsets Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increase in Demand for Mobility

The increase in demand for mobility and portability acts as one of the major factors driving the business headsets market. Also, surge in the adoption of UC-enabled devices has a positive impact on the market growth.

• Need for Efficient Communication

The rise in productivity levels of employees accelerate the market growth. The increase in demand for telecommuting, among others owing to the need for efficient communication with clients drives the market further.

• Advent of Artificial Intelligence

The rise in the advent of artificial intelligence, such as automation and automation in the business process further influence the market. Numerous banks are inclining towards AI since people often interact with their banks to get necessary information.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the business headsets market.

Opportunities

Furthermore, technological advancements such as the introduction of nano-chip technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in importance of audio and video conferencing will further expand the market.

Restraints/Challenges

On the other hand, high cost associated with the Bluetooth headphones is expected to obstruct market growth. Also, unorganized sector is projected to challenge the business headsets market in the forecast period of 2022-2029.

This business headsets market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on business headsets market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Business Headsets Market

The COVID-19 had a negative impact on the business headsets market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand business headsets technology. The supply chain got hampered during the pandemic along with delay logistics activities. However, the business headsets market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Recent Developments

• EPOS launched ADAPT range and EXPAND 30T in December’2020. These headphones are specifically designed for professionals seeking audio solutions featuring microphones that eliminate background noise.

Global Business Headsets Market Scope and Market Size

The business headsets market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• USB Series Corded Headset
• USB Series Bluetooth Headsets

Application

• Financial
• Retail
• Others

Business Headsets Market Regional Analysis/Insights

The business headsets market is analysed and market size insights and trends are provided by country, type and application as referred above.

The countries covered in the business headsets market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the business headsets market because of the shift in the traditional pattern of using desk phones to headphones and presence of key players within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the establishment of manufacturing plants in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Business Headsets Market

The business headsets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to business headsets market.

Some of the major players operating in business headsets market are

• Audio-Technica Corporation (Japan)
• Bose Corporation (US)
• Dell Inc. (US)
• GN Store Nord A/S (Denmark)
• Koss Corporation (US)
• Logitech. (Switzerland)
• Microsoft (US)
• Plantronics, Inc. (US)
• Sennheiser electronic GmbH & Co. KG (Germany)
• ClearOne Inc. (US)

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