Indonesia Headphones and
Earphones Market Comprehensive Analysis and Forecast 2024 to 2030
Indonesia Headphones and Earphones Market
Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
Indonesia's
Headphones and Earphones Market size is expected to exceed USD 1 billion by
2030 and it is anticipated to grow at a CAGR of around 4.52% during the
forecast period, i.e., 2024-30. The Indonesia
Headphones and Earphones Market is going through significant growth due
to multiple drivers like technological advancements and, of course, increasing
healthcare needs. The increase in road accidents throughout the country creates
a greater demand for X-rays.
Markntel
Advisor’s Indonesia Headphones and
Earphones Market Insights report provides the current and forecast market
analysis, individual leading companies' market shares, challenges, Indonesia
Headphones and Earphones Market drivers, barriers, Indonesia Headphones and
Earphones Market Trends, and Key Players in Indonesia Headphones and Earphones
Market.
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Indonesia Headphones and Earphones Market
Dynamics: 2024-2030
Indonesia Headphones and Earphones Market
Driver:
Growing OTT Consumption to Escalate the
Market Growth – During
the historical period, OTT consumption has skyrocketed in Indonesia owing to
the large presence of Gen Z and millennials, content localization, and
affordable data plans. Gen Z (born between 1997 and 2012) is currently the
biggest generation group in Indonesia with around 27.94% of the total
population or 74.93 million people according to the IDN Times in 2022. This
young demographic population drove the demand for digital content in the country
owing to tech-savvy preference, the presence of diverse content, and
subscription flexibility offered by the OTT platform companies. This higher
consumption of OTT platforms by the Gen Z population has increased the
requirement for headphones and earphones in the past years for personalized
viewing experience, content streaming on the phone, enhanced audio quality,
etc.
Moreover, the
fixed broadband penetration in the country is rising due to the rollout of
infrastructures by telecom companies such as Telkom, and government
initiatives. According to the World Bank, in 2022, Indonesia had about 4.8798
fixed broadband subscriptions per 100 people. This was about a 5.21% increase
from 2021 when the penetration rate was around 4.54%. This growing penetration
is expected to boost streaming services and increase screen time in the coming
years. This would turn into a higher requirement for headphones &
earphones.
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Full Report with Detail Analysis –
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Indonesia Headphones and Earphones Market
(2024-30): Segmentation Outlook
The market
report has segmented the market into the following categories:
By Connectivity
-Wired- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Wireless-
Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
By Application
-Sports &
Fitness- Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Gaming- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Media &
Entertainment- Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Professional
Use- Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Virtual
Reality- Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
By Type
-In-Ear- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-On-Ear- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Over the Ear -
Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
By Sales Channel
-Online - Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Offline -
Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Exclusive-
Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Multi-brand-
Market Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
By Price Category
-Budget- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Economy- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
-Premium- Market
Size & Forecast 2019-2030, (Unit Sold Vs Revenues)
By Region
-Jakarta
-Java
-Sumatra
-Others.
Note - If there are any particular
details you need that are not currently included in the report, we will be
happy to provide them as part of our customization
services.
Top Companies Operating in the Indonesia
Headphones and Earphones Market:
Xiaomi Corp,
Samsung Corp, BBK Electronic Corp Ltd., Apple Inc., Shure, Harman
International, Koninklijke Philips N.V., Anker, Bose Corporation, and Others.
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