New Delhi, December 07, 2018: Increasing sales of mobile devices, rising OTT penetration and convenience associated with wireless headphones to drive Saudi Arabia wireless headphones market through 2023
According to newly released TechSci Research report, ‘Saudi Arabia Wireless Headphones Market By Type, By Distribution Channel, Competition Forecast & Opportunities, 2013-2023’, Saudi Arabia wireless headphones marketis projected to cross $ 130 million by 2023. Anticipated growth in the market can be attributed to technological advancements in wireless headphones segment such as bone conduction technology and noise cancellation technology, coupled with a growing young population base in the country. Moreover, growth in music industry along with rising penetration of mobile devices such as smartphones, tablets, etc., as well as OTT is further anticipated to augment demand for wireless headphones across Saudi Arabia over the next five years.
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“Saudi Arabia Wireless Headphones Market”
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North and west regions of the country accounted for majority share in Saudi Arabia wireless headphones market,owing to largeand expanding urban population basein these regions, which includecities like Riyadh, Jeddah, etc.On the basis of type, Saudi Arabia wireless headphones market is categorized into in-ear and on-ear headphones. On-ear headphones are dominating the market, however in the coming years, in-ear headphones are expected to grow at the faster pace.
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“With rising trend of no audio jack phones and introduction of new and innovative features in wireless headphones, their demand is increasing across Saudi Arabia. Moreover, growth of e-commerce industry along with increasing applications of wirelessheadphonesis further positively influencing the country’s wireless headphones market. Additionally, wireless headphones are convenient to use and come with various user friendly features which are expected to push their sales in Saudi Arabia over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Wireless Headphones MarketBy Type, By Distribution Channel, Competition Forecast & Opportunities, 2013-2023” has evaluated the future growth potential of Saudi Arabia market and provides statistics and information on market structure, size, share and trends. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in Saudi wireless headphones market.
Corporate Comm India(CCI Newswire)
