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Gaming Earbuds Statistics 2024 By Region, Market Players, Distribution Channel and Price Point

Introduction

Gaming Earbuds Statistics: As of reports, the global marketplace of Gaming Earbuds is expected to reach above $3.7 billion by the end of 2029. The use of gaming earbuds has increased to fulfill the demands of gamers’ needs as they enable the effective feature of communicating with fellow online gamers. This earbuds are used in different types of gaming computers and consoles. Due to the advancement of technology earbud manufacturing is increasing with more advanced features such as noise cancellation, better sound quality, and low latency.

These gaming earbud statistics include insights from various aspects that provide light on how fast the earbud industry is growing enormously around the world.

Editor’s Choice

(Source: globenewswire.com)

  • The global market for gaming earbuds was valued at $2,229.8 million in 2022.
  • It’s expected to grow to $2,826.5 million by the end of 2029, with an annual growth rate of 3.4% from 2023 to 2029.
  • By 2031, the market for gaming earbuds worldwide is predicted to reach $3,601.3 million.
  • The gaming earbud market’s growth rate from 2022 to 2029 is estimated at 8.6% per year, according to maximize market research.
  • In 2023, the Asia-Pacific region held the largest portion of the market, making up 43% of the global gaming earbud industry.
  • Razer Inc. has the largest share in this market, with 33.80%.
  • Wireless gaming earbuds are becoming more popular than other types.
  • Specialty stores are the leading distribution channel, holding a 33% market share.

Facts About Gaming Earbuds

  • The compound annual growth rate of the gaming earbuds market is expected to grow by 8.6% from 2023 to 2029.
  • As of 2023, the largest market share in this industry is going to be captured by Asia-Pacific, which is followed by North America, Europe, Middle East Africa, and South America.
  • The top manufacturers of gaming earbuds in 2023 are Razer Inc., HyperX, Logitech International SA, Turtle Beach Corporation, and Sennheiser Electronic GmbH & Co. KG.
  • Gaming earbuds are segmented into 5 types wireless, sub-type, truly wireless, collared, and wired.
  • The distribution channel of the gaming earbuds market is segmented into hypermarkets and supermarkets, specialty stores, brand stores, and online stores.
  • The best features of gaming earbuds are hyper sync low latency, quick and easy touch controls, high fidelity audio, optimized mic, battery life of 31 hours, and water and splash resistance.

What are Gaming Earbuds?

The gaming earbuds are specially designed to enable a competitive edge over the entire online gaming platform. Gaming earbuds are included with some special features that are not available in normal headphones or headsets such as noise cancellation, EQ presets, and surround sound.

By Region

(Source: maximizemarketresearch.com)

  • As of the above graph analysis, the largest market share in this industry is going to be captured by Asia-Pacific, which is followed by North America, Europe, Middle East Africa, and South America.
  • As of 2023, the largest market is going to be accounted for by the Asia-Pacific region with a 43% share.
  • Furthermore, other regions global gaming earbuds market shares are followed by North America (23%), Europe (16%), Middle East Africa (12%), and South America (8%).

By Market Players

(Source: maximizemarketresearch.com)

  • As of 2023, over the global gaming earbuds market player the highest share is expected to be achieved by Razer Inc. with 33.80%
  • Furthermore, the market shares achieved by other manufacturers are followed by Hyper X (13.10%), Logitech International SA (12.90%), Turtle Beach Corporation (9.50%), Sennheiser Electronic GmbH & Co. KG (6.70%), and Others (24%).

By Distribution Channel

(Source: maximizemarketresearch.com)

  • The highest market share earned by the distribution channel is specialty stores with 43% in the year 2022. The specialty store segments mainly sell in stores that specialize in electronic products.
  • Furthermore, the market share of gaming earbuds by distribution channels is followed by hypermarkets and supermarkets (33%), brand stores (9.50%), and online channels (15%).
  • Other selling is followed by Hypermarkets and Supermarkets segment (large retail chains), Branded stores (directly through retail stores), and online channels (e-commerce website and online marketplaces).

By Price Point

(Source: maximizemarketresearch.com)

  • As of the above graph, the global market share of gaming earbuds into price point segments are economic and premium.
  • In which the economic segment is going to dominate across the market with a 42% share and the premium segment by 30% share in 2022.
  • The market size of the gaming earbud market by price point is going to be doubled by the end of 2029.

By Reasons

  • According to a survey by Statista, in the United States, 75% of people claimed that the main reasons for using earbuds are better sound quality, comfort (71%), price (54%), and durability (42%).
  • Furthermore, other reasons statistics by American people share are followed by weight (29%), size (28%), noise cancellation (27%), design (25%), natural sound (23%), availability of various types of earbuds (23%), different brands and specification (20%), powerful bass (20% ), and wireless data transmission (14%).

Best Gaming Earbuds

(Source: multitools.newscdn.com)

  • JBL Quantum TWS Noise Cancelling Gaming Earbuds, which cost around $229.95
  • The advantages are dual connection, low latency, quick pairing, and easy touch control.
  • These earbuds are compatible with PS5, PC, Nintendo Switch, and mobile.
  • Enables above 16 hours of battery life with a charging case.

(Source: multitools.newscdn.com)

  • Razer Hammerhead HyperSpeed Wireless Multi-Platform Gaming Earbuds cost almost $285.95
  • The advantages are excellent audio quality, dual Bluetooth and 2.4GHz, low latency, and active noise cancellation.
  • The device is compatible with PS5, PC, Nintendo Switch, mobile, and Xbox versions too.
  • Enables above 32 hours of battery life with a charging case.

(Source: multitools.newscdn.com)

  • Steel Series TUSQ is available at $74.99 – $79 (Amazon)
  • The benefits are a detachable boom mic, great recording quality, multi-platform functionality, lightweight, and comfortable design.
  • The device is compatible with PS5, Xbox series X, PS5, PC, Nintendo Switch, and Android.

(Source: multitools.newscdn.com)

  • EPOS GTW 270 Hybrid Truly Wireless, costs around $240 (Amazon)
  • This device is compatible with PS5, PS4, PC, Nintendo Switch, and Mobile.
  • Enables above 20 hours of battery life with a charging case.
  • The advantages are great sound quality, multi-platform compatibility, including a dongle of 2.4GHz, fitted comfortably, and IPX5 rating.

(Source: multitools.newscdn.com)

  • Sound PEATS CyberGear Wireless, costs around $63.99 easily available at Amazon.
  • The device is highly compatible with PC, Switch, and mobile.
  • The advantages are a long battery life of over 26 hours, a cool charging case with RGB lighting, great audio quality, low latency, and multi-connection.

Conclusion

As of today, after completing the article on Gaming Earbud Statistics it is clear that the market size is growing rapidly around the world most in the Asia Pacific region. The best features of wireless earbuds used in gaming industries are versatile, portable, lightweight, and low latency which are easily compatible with PC, mobile, console, cloud, etc.

This article includes necessary statistics that are explained elaborately above; hope will help you understand the topic accordingly.  Are you a Gaming geek? And still unaware of these earbuds, then I suggest you try them to experience the ultimate satisfaction of the gaming world.



This post first appeared on Coolest Gadgets - Reporting On The Latest Cool Gadgets, please read the originial post: here

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Gaming Earbuds Statistics 2024 By Region, Market Players, Distribution Channel and Price Point

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