Thursday, Mar 28 2024 | Time 19:53 Hrs(IST)
image
Business Economy


Professional Headset Shipments to Reach 65.7 Million Units by 2026 Across the Globe, Says Frost & Sullivan

With surge in cloud meeting services, the global professional headset market is expected to reach $2.94 billion by 2026
SANTA CLARA, California, Aug. 27, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis, Growth Opportunities in the Global Professional Headset Market, Forecast to 2026, predicts that the professional headset market will witness robust growth due to the increased popularity of cloud meeting services and remote working practices. In 2020, in particular, the demand for professional PC USB and UCC headsets has surged to unprecedented levels to enhance software communications experiences. The global professional headset market is expected to reach $2.94 billion by 2026 from $1.41 billion in 2019, growing at a compound annual growth rate (CAGR) of 11.1%. Similarly, the market is likely to ship 65.7 million units over the forecast period from 22.9 million in 2019 at an impressive CAGR of 16.3%.
For further information on this analysis, please visit: http://frost.ly/4el
"The year 2020 will be marked by unprecedented growth of professional headsets due to the COVID-19 pandemic and work-from-home (WFH) requirements," said Alaa Saayed, Information & Communication Technologies at Frost & Sullivan. "While professional headset vendors have been challenged by supply-chain disruptions during the first half of 2020, Frost & Sullivan expects vendors to successfully cope with backlog issues during the second half of the year."
Saayed added: "Sales of RJ9 connectivity-only professional headsets will continue to decline during 2020. However, declines will be less aggressive during this year due to contact centers also provisioning these types of headsets to their home agents."
To make the most of the growth opportunities, vendors should continuously look to enhance their value proposition by:
Partnering with leading and growing brands in the UCC provider space.
Bundling headset solutions with other audio and video equipment for WFH individuals.
Enhancing noise-canceling technologies to improve the listening as well as the voice pick-up capability.
Delivering consumer-like experiences with solutions that can be personalized and customized to each individual's needs.
Focusing on addressing the specific needs of different verticals and offer joint Device-as-a-service (DaaS) and Software-as-a-service (SaaS) deals to business customers.
Growth Opportunities in the Global Professional Headset Market, Forecast to 2026 is the latest addition to Frost & Sullivan's Information and Communication Technologies research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Growth Opportunities in the Global Professional Headset Market, Forecast to 2026
K49A
Contact:
Melissa Tan
Corporate Communications
T: +65 6890 0926
E: [email protected]
http://ww2.frost.com

(Disclaimer--Features may vary depending on the regions; subject to change without notice.)
More News

Honda Motorcycle & Scooter India achieves historic 6 cr domestic sales milestone

28 Mar 2024 | 7:19 PM

Mumbai, Mar 28 (UNI) Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India. Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001.

see more..

28 Mar 2024 | 5:28 PM

UNI NK AKS.

see more..
Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

28 Mar 2024 | 5:16 PM

Rudrapur, Mar 28 (UNI) From power Back-up solutions to Batteries and Solar applications, Luminous Power Technologies on Thursday announced the launch of its state-of-the-art solar panel manufacturing facility here.

see more..

Kottayam-Kochi Rubber Market rates

28 Mar 2024 | 5:04 PM

Kottayam, Mar 28 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal.

see more..
Indian Oil dispatches its first packed LPG truck load from Sitarganj bottling unit

Indian Oil dispatches its first packed LPG truck load from Sitarganj bottling unit

28 Mar 2024 | 2:37 PM

New Delhi, Mar 28 (UNI) State-owned Indian Oil on Thursday rolled out the first truckload of packed LPG from the Indane bottling plant at Sitarganj in Uttarakhand.

see more..
image