Wireless Gaming Headset Market by Technology and Geography - Forecast and Analysis 2020-2024
- Published: Apr 2020
- Pages: 120
- SKU: IRTNTR43061
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The wireless gaming headset market size has the potential to grow by USD 998.69 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by technology (RF gaming headsets and Bluetooth gaming headsets) and geography (APAC, Europe, MEA, North America, and South America).
Wireless Gaming Headset Market Size
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Who are the Major Wireless Gaming Headset Market Vendors?
This wireless gaming headset market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:
- ASUSTeK Computer Inc.
- Audio-Technica US Inc.
- Corsair Components, Inc.
- Dell Technologies Inc.
- Kingston Technology Co. Inc.
- Logitech International SA
- Razer Inc.
- Sennheiser electronic GmbH & Co. KG
- SteelSeries ApS
- Turtle Beach Corp.
The market is fragmented, and vendors are deploying various organic and inorganic growth strategies to stay ahead in the competition. This wireless gaming headset market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies.
Market drivers such as advances in audio technologies will create immense growth opportunities for vendors. However, challenges such as technical issues related to wireless technologies may impede the growth of the market participants.
Which are the Key Markets for Wireless Gaming Headset?
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APAC will offer several growth opportunities to market vendors during the forecast period. The presence of a large gamer base for online multiplayer games is driving the demand for wireless gaming headsets in this region.
30% of the market’s growth will originate from APAC during the forecast period. China is the critical market for the wireless gaming headset market in APAC due to the rise in the number of e-sports tournaments and a considerable expansion of the online gamers' community in the country. Market growth in this region will be faster than the growth of the market in MEA, South America, and Europe.
What are the Major Technology Segments in the Wireless Gaming Headset Market?
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RF gaming headsets account for the largest wireless gaming headset market share in the technology segment. RF gaming headsets segment is witnessing significant improvements in the market as vendors are constantly advancing the frequency range in RF-based products to achieve lossless audio transmission. The increasing demand for wireless gaming headsets that support low latency and low interference during gameplay is driving the adoption of RF-based wireless gaming headsets globally.
An in-depth scenario-based approach was followed in this wireless gaming headset market research report to identify the direct and indirect impact of COVID-19 on market growth. Buy the full market research report to gain actionable insights on the influence of COVID-19 on wireless gaming headset market segments.
What are the Key Wireless Gaming Headset Market Drivers and Trends?
Advances in audio technologies are expected to boost market growth during the forecast period. Complex orchestrated dynamic soundtracks and context-supporting sound effects have become a key essential in the modern gaming industry. As a result, game developers are deploying advanced gaming engines, which are often integrated with audio engines. Also, some game developers are relying on third-party audio engines for meeting dense and complex audio requirements during game development. Furthermore, vendors in the market are also making use of advanced audio technologies to offer audio-immersion features to gaming enthusiasts. Also, they are increasingly focused on developing and launching compatible headsets with advanced audio drivers to keep up with the changing audio technology and meet the growing demand for advanced headsets. Thus, the increasing availability of such wireless gaming headsets has boosted their adoption among gamers, thereby driving the revenue growth in the global wireless gaming headset market.
Moreover, the rising number of e-sports tournaments will also drive market growth during the forecast period. E-sports has involved the participation of professional gamers in multiplayer video games. The rise in the number of gamers participating in such events has boosted the demand for advanced gaming accessories such as gaming consoles, wireless gaming headsets, and controllers. Furthermore, as e-sports tournaments are multiplayer gaming tournaments, gamers extensively use advanced communication hardware such as wireless gaming headsets. The use of advanced gaming headsets gives a surround sound experience for better gameplay and offers improved mobility and freedom from wire limitations. Such benefits are driving the adoption of wireless gaming headsets by participants in e-sports.
Key Highlights of the Wireless Gaming Headset Market Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive wireless gaming headset market growth during the next five years
- Precise estimation of the wireless gaming headset market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the wireless gaming headset industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of wireless gaming headset market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Advances in audio technologies
- Product launch as a primary growth strategy among vendors
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