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Growth Opportunities in the Global Professional Headsets Market, Forecast to 2029

Growth Opportunities in the Global Professional Headsets Market, Forecast to 2029 Updated Research Available

Professional Headsets Market Declined but Long-term Growth Drivers Remain Intact

RELEASE DATE
10-Aug-2023
REGION
North America
Deliverable Type
Market Research
Research Code: PE43-01-00-00-00
SKU: TEMP_2023_71
AvailableYesPDF Download
$4,950.00
In stock
SKU
TEMP_2023_71

Growth Opportunities in the Global Professional Headsets Market, Forecast to 2029
Published on: 10-Aug-2023 | SKU: TEMP_2023_71

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Description

The global professional headsets market was estimated to be $2.11 billion in 2022, decreasing by 6.7 percent over 2021. The market was impacted by subdued macroeconomic conditions and in general reduced spending by enterprises.

The chip and component shortage that prevailed in 2021, was settled by H1 2022, as most headsets supply was back to pre-pandemic levels. This led to businesses' headset buying becoming more purposeful, rather than grabbing any headsets that was noticed during 2020 and a few months in 2021.

The PC USB and UCC segment that was mainly driven by demand from offices, declined a bit, albeit with good growth from DECT PC USB and UCC segment. Further, segments like Corded RJ and DECT RJ remained under pressure throughout 2022, leading to a decline in these segments.

The professional headsets market outlook however is still positive as the long-term growth drivers like, hybrid work and growth in software/cloud communications platforms are still intact. Frost & Sullivan estimates the total professional headset market to grow at a CAGR of 5.9 percent in terms of sales from 2022 to 2029. Growth is expected to come from PC USB and UCC headsets, cordless headsets, and headsets in office segments.

The growth of software-based business communications and collaboration services will continue to drive demand for PC USB and UCC headsets across the forecast period.

As part of this analysis, Frost & Sullivan has identified market drivers, restraints, competitive trends, and growth opportunities in the global professional headset market.

Through extensive primary and secondary research, this analysis provides headsets vendors and manufacturers with an in-depth perspective on the dynamics of a changing market. Frost & Sullivan expects that this analysis will provide vendors with valuable insights to accelerate their growth and expand their penetration opportunities within the headset marketplace.

Author: Shailendra Soni

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Professional Headset Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Scope of Analysis (continued)

Scope of Analysis (continued)

Professional Headset Market Definitions

Professional Headset Market Definitions (continued)

Professional Headset Market Definitions (continued)

Professional Headset Market Definitions (continued)

Segmentation

Key Competitors

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Assumptions

Revenue and Unit Shipment Forecast

Revenue and Unit Shipment Forecast by Configuration Type

Revenue and Unit Shipment Forecast by Headset Type

Revenue and Unit Shipment Forecast by End-user Type

Percent Revenue by Product Category

Percent Revenue by Wearing Style, Cordless Bluetooth PC USB and UCC Headsets

Percent Revenue by Connectivity, Cordless DECT Headsets

Percent Revenue by Active-Noise-Cancelling (ANC) Headsets

Percent Revenue by Region

Revenue and Unit Forecast Analysis

Revenue and Unit Forecast Analysis (continued)

Revenue Forecast Analysis by Region

Pricing Trends and Forecast Analysis

Competitive Environment

Revenue Share

Revenue Share Analysis

Revenue Share Analysis (continued)

Growth Opportunity 1: Hybrid/Remote Work

Growth Opportunity 1: Hybrid/Remote Work (continued)

Growth Opportunity 2: Active Noise Cancellation Headsets

Growth Opportunity 2: Active Noise Cancellation Headsets (continued)

Growth Opportunity 3: Cloud Calling, Meeting and Team Collaboration Services

Growth Opportunity 3: Cloud Calling, Meeting and Team Collaboration Services (continued)

Growth Opportunity 4: DECT PC USB And UCC Headsets

Growth Opportunity 4: DECT PC USB And UCC Headsets (continued)

Growth Opportunity 5: True Wireless (TWS)

Growth Opportunity 5: True Wireless (TWS) (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

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The global professional headsets market was estimated to be $2.11 billion in 2022, decreasing by 6.7 percent over 2021. The market was impacted by subdued macroeconomic conditions and in general reduced spending by enterprises. The chip and component shortage that prevailed in 2021, was settled by H1 2022, as most headsets supply was back to pre-pandemic levels. This led to businesses' headset buying becoming more purposeful, rather than grabbing any headsets that was noticed during 2020 and a few months in 2021. The PC USB and UCC segment that was mainly driven by demand from offices, declined a bit, albeit with good growth from DECT PC USB and UCC segment. Further, segments like Corded RJ and DECT RJ remained under pressure throughout 2022, leading to a decline in these segments. The professional headsets market outlook however is still positive as the long-term growth drivers like, hybrid work and growth in software/cloud communications platforms are still intact. Frost & Sullivan estimates the total professional headset market to grow at a CAGR of 5.9 percent in terms of sales from 2022 to 2029. Growth is expected to come from PC USB and UCC headsets, cordless headsets, and headsets in office segments. The growth of software-based business communications and collaboration services will continue to drive demand for PC USB and UCC headsets across the forecast period. As part of this analysis, Frost & Sullivan has identified market drivers, restraints, competitive trends, and growth opportunities in the global professional headset market. Through extensive primary and secondary research, this analysis provides headsets vendors and manufacturers with an in-depth perspective on the dynamics of a changing market. Frost & Sullivan expects that this analysis will provide vendors with valuable insights to accelerate their growth and expand their penetration opportunities within the headset marketplace. Author: Shailendra Soni
More Information
Deliverable Type Market Research
Author Shailendra Soni
Industries Telecom
No Index No
Is Prebook No
Keyword 1 Global Headset Industry Forecast
Keyword 2 Audio Equipment Market Analysis
Keyword 3 Headset Market Insights
Podcast No
WIP Number PE43-01-00-00-00