Europe Unified Communication And Business Headsets Market Size & Outlook
Europe unified communication and business headsets market, 2017-2028 (US$M)
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Europe unified communication and business headsets market highlights
- The Europe unified communication and business headsets market generated a revenue of USD 776.7 million in 2021.
- The market is expected to grow at a CAGR of 15.4% from 2022 to 2028.
- In terms of segment, headphones was the largest revenue generating product in 2021.
- Earphones is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 776.7 million |
| Market revenue in 2028 | USD 2,118.6 million |
| Growth rate | 15.4% (CAGR from 2021 to 2028) |
| Largest segment | Headphones |
| Fastest growing segment | Earphones |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Earphones, Headphones |
| Key market players worldwide | Michelin, PowerFleet Inc, Sierra Wireless, TomTom NV, Trimble Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.1% of the global unified communication and business headsets market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,883.0 million by 2028.
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Unified Communication And Business Headsets Market Scope
Unified Communication And Business Headsets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe unified communication and business headsets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to unified communication and business headsets market will help companies and investors design strategic landscapes.
Headphones was the largest segment with a revenue share of 67.88% in 2021. Horizon Databook has segmented the Europe unified communication and business headsets market based on earphones, headphones covering the revenue growth of each sub-segment from 2017 to 2028.
The European nations are laying emphasis on improving the communication platforms and largely adopting Unified Communication as a Service (UCaaS), which would increase the use of UC headsets in the future. The European governments are promoting cost-cutting and effective UC collaborations in the organizations, which is further resulting in market growth.
Germany home to major communication and headset companies in the market, for instance, Sennheiser electronic GmbH & Co. KG is one of the key players in the market, and hence faster growth is anticipated in the country, ultimately resulting in higher regional growth.
The U.K. unified communications market has experienced a shift in the last few years owing to the development of cloud computing technology, increased video traffic, and shift to managed services.
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Target buyers of Europe unified communication and business headsets market databook
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Our clientele includes a mix of unified communication and business headsets market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe unified communication and business headsets market , including forecasts for subscribers. This continent databook contains high-level insights into Europe unified communication and business headsets market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe unified communication and business headsets market size, by country, 2017-2028 (US$M)
Europe Unified Communication And Business Headsets Market Outlook Share, 2021 & 2028 (US$M)
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