A smart earbud is a technically advanced in-ear electronic device which is designed for various purposes including wireless communication, music listening, fitness tracking, medical monitoring and more. Smart earbuds are light in weight, durable and have a longer battery life. A smart earbud provides a good quality sound in a light and convenient form factor. A smart earbud can not only help boost hearing and nullify disturbing noise, but also helps in making phone calls and listening to high quality music hands-free. Furthermore, smart earbuds are equipped with noise cancellation technology, which bring about sound that can balance background noise, such as distracting blather in crowded places. In addition, microphones present in each smart earbud captures incoming audio and letting in sounds that people want to hear. With the help of a smart earbud people can augment the hearing in a noisy social environment. Smart earbuds can act as a wireless earpieces, so users can listen to music, podcasts or audio-books in a stereo and engage with various voice-enabled applications. With the help of a smart earbud, users can answer the phone calls and starts or stops audio with a simple tap on an earbud.
The major factors strengthening the smart earbuds market growth is the fitness tracking capability of these devices. Moreover, the consumers are getting inclined towards the smart earbud to boost up listening experience along with the other features including noise filtering and cancelling. Due to advanced features of a smart earbud that enables the user to track heart rate, measured covered distance and calculate the number of calories burned during a workout, the market is witnessing an increasing demand for the biometric sports tracking smart earbud.
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A smart earbuds market can be segmented on the basis of smart earbud type and region. By type, a smart earbuds market can be segmented as wired & wireless smart earbud. Geographically, a smart earbuds market is segmented into North America, Europe, Middle East & Africa, Asia-pacific and South America. North America & Europe are expected to lead the smart earbuds market due to increasing research & development activities with respect to smart eabud by prominent companies such as Apple Incorporation, Doppler Labs Incorporation and more. However, due to the increasing consumer demand for the fitness tracking hearable, Asia-Pacific is expected to grow at a significant rate in the coming years.
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Factors that can retrain the growth of a smart earbuds market is the inability of a smart earbud to capture data as often as one can with other forms of fitness tracker devices such as smart wristbands. Moreover, smart earbud comes with a high cost as compare to conventional earbuds. A smart wristband benefits from their ability to be always on, in that they can collect biometric data while sleeping, running and swimming. However, wearing earbuds is not always viable in these situations.
Increasing innovations with respect to smart earbud technology by various prominent companies are expected to create novel opportunities for a smart earbuds market. For instance, Apple incorporation is working on a patent named a smart monitoring system, which is going to be popular among active users of hearing technology. They are likely going to make a big push into monitoring and measuring biometrics via earbuds.
