Gaming Headsets and Gaming Headphones Market Size, Share, Growth, And Industry Analysis By Type (Gaming Headsets, Gaming Headphones) By Application (Personal Use, Commercial Use) Regional Forecast By 2031

Gaming Headsets and Gaming Headphones Market Report Overview

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The global gaming headsets and gaming headphones market size was USD 1865 million in 2021 & the market is expected to reach USD 4,154.74 million in 2031, exhibiting a CAGR of 8.14% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with gaming headsets and gaming headphones Market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Some gaming headphones may perform a dual function, channelling music and game sound effects in addition to being developed and used only for gaming. Gaming headphones are available with a variety of functions, such as microphones for chatting with other online players, to satisfy the needs and desires of a gamer. Game headphones are compatible with all PC and gaming console platforms. Many are also made to cancel out any background noise, thoroughly engrossing the player in the game environment. A head-worn device with a microphone that is only used for gaming purposes makes up the gaming headset. Gaming headphones provide several benefits, including the ability to prevent distractions while playing, greater sound quality, extreme durability, and affordability. It is compatible with all gaming systems.The expansion of online gaming and increased consumer awareness of cutting-edge multi-platform gaming headsets are driving the market for gaming headsets. Additionally, the trend of using gaming-specific headphones while gaming and the rising number of gaming apps globally are boosting the growth of the gaming headset market.

COVID-19 Impact: COVID-19 Outbreaks has Hampered The Market Growth

 Nearly every business was impacted by the unprecedented worldwide public health emergency known as COVID-19, and the long-term effects are expected to have an influence on the expansion of a number of end-use industries throughout the course of the projection period. In order to assure the inclusion of underlying COVID-19 concerns and potential future directions, this continuing study expands the research framework. The paper offers insights on COVID-19, taking into account changes in consumer demand and behaviour, buying habits, supply chain rerouting, dynamics of contemporary market forces, and important government initiatives. In-depth examination of the effects of COVID-19 and its succeeding variant outbreaks on demand, supply, pricing, and vendor uptake is revealed in the report's devoted section, which also offers suggestions for long-term solutions. The revised report offers observations, analyses, projections, and predictions taking into account the effect of COVID-19 on the global gaming headset market.

Latest Trends

The market trend for gaming headsets is a technical one that is anticipated to be advantageous in the upcoming years. Currently, noise-canceling technology is present in most headsets. To get rid of the unpleasant background noise, they employ a negative feedback loop. Manufacturers of headphones employ a variety of methods to reduce/eliminate noise and provide customers the best possible sound quality. Vendors are releasing headsets with touchpads so that customers may adjust a device's volume or equalization settings by touching the device rather than using a button or key. The most recent iterations of the Bluetooth smart chip are included in the gaming headsets that are now on the market. The most recent smartphones and headsets are NFC-enabled, allowing for simple tap-to-pair device pairing. Gaming headphones with surround sound are in high demand as a result of the growth of gaming.

Gaming Headsets and Gaming Headphones Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Gaming Headsets, Gaming Headphones. Gaming Headsets is anticipated to be the largest segment.

• By Application Analysis

Based on application, the market can be divided into Personal Use, Commercial Use. Personal Use will be the dominating segment.

Driving Factors

"Rising preference for Multiplayer Games Fuel The Market Growth"

The growing use of the internet and the affordability of smartphones have led to a boom in the online gaming sector. Users are transitioning from social games for fun to online multiplayer gaming. Regular product upgrades and the ongoing release of player-centric goods have successfully attracted a sizable user base. As game designers redefine players' gaming experiences with detailed visuals, slick user interfaces, and more recent iterations with deep storyline, mobile gaming has achieved an all-time high. The speed and simplicity provided have stoked gamers' enthusiasm, inspiring them to work together online to thoroughly analyse strategy and share their perspectives on the whole gaming experience. Influencers are creating entire social media communities and live-streaming these games to draw a sizable audience. During the projected period, these factors will offer attractive prospects for the expansion of the gaming headset market.

"Availability of a Variety Of Gaming Headsets Fuel The Market Growth"

The introduction of gaming headsets that enable numerous connections and platforms has had a significant positive impact on the sector. The smooth play of games on platforms including consoles, PCs, laptops, smartphones, PS5, etc. is made possible by these headsets. There are a number of versions that support Bluetooth modules, head tracking, and surround sound features. They also have extra equalisers to ensure top performance regardless of the music or game being played. There are further three connection choices. audio cords, a USB dongle, etc. The use of headphones will increase in the next years because to 5G technology's minimal data latency and quicker internet bandwidth capabilities, which will greatly enhance consumers' gaming experiences. During the projection period, all of these reasons will increase sales, supporting the gaming headset market's expansion.

Restraining Factors

"Gaming Headset Industry Is Constrained By Fake Goods And Subpar Battery Performance"

There is a sizable black market for items that are identical to the originals and are offered for sale at extremely low prices. Due to the extremely fragmented nature of the gaming headset business, local and small producers profit from peddling fake goods. Profits on the market for original gaming headsets are reduced as a result of this. Another obstacle is the poor battery performance of gaming headphones.

Gaming Headsets and Gaming Headphones Market Regional Insights

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"Asia Pacific Is The Fastest-Growing Continent"

The largest market share contributors for gaming headsets are China and Japan. In North America and Europe, there is a growing market for headsets, and people are becoming more aware of the advantages of gaming headsets. During the projection period, APAC will account for 34% of market growth. The two biggest markets in APAC for gaming headsets are Japan and China. This region's market will expand more quickly than those in other areas.

Over the course of the projection period, the expansion of the gaming headset market in APAC will be aided by the expanding gaming markets in developing nations like India, Taiwan, and Indonesia. In order to help vendors create effective business plans, this market research study includes comprehensive information on the competition intelligence, marketing gaps, and geographical prospects available to them.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

LIST OF TOP GAMING HEADSETS AND GAMING HEADPHONES COMPANIES

• Cooler Master (Taiwan)
• Corsair (U.S.)
• KYE System Corp (Genius) (Taiwan)
• Mad Catz (U.S.)
• Big Ben (U.K.)
• Turtle Beach (U.S.)
• Audio-Technica (Japan)
• Somic
• Creative Technology (Singapore)
• PDP-Pelican (Spain)
• Sony (Japan)
• Sennheiser (Germany)
• Kotion Electronic (U.S.)
• Hyperx (Kingston) (U.S.)
• Trust International (Netherlands)
• Thrustmaster (U.S.)
• SteelSeries (Denmark)
• Plantronics (U.S.)
• Logitech (Switzerland)
• Razer (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.