The Finland & Norway business headsets market held a market value of USD 12.3 million in 2021 and is estimated to reach USD 23.3 million by the year 2027. The market is anticipated to register a CAGR of 11.3% during the forecast period of 2022 to 2027.
The rise in demand for portability and mobility is significantly leading to a surge in the acceptance of UC-enabled devices permitting multitasking and providing convenience to the users. Voice quality is tremendously becoming vital with the growing product launches by the enterprises for applications, including audio, video, softphones, and web conferencing, and high usage of multiple enterprise devices such as notebooks, PCs, and mobile phones. The role of headsets in the UC space enhances the voice quality and standardizes the multiple UC applications. However, the availability of substitutes in the marketspace curbs the market growth of the business headsets market in Finland and Norway to a limited extent.
Growing usage business headset in both telecom companies and militaries
The rise in the adoption of unified communication modes to conduct webinars, video conferences, training sessions, as well as meetings using UC technology for reducing expenses is creating a demand for usage of top-notch business headsets in the telecommunication and militaries.
High demand from entertaining and sporting sector
The entertainment industry is growing at a substantial rate in Finland and Norway. The rising stress given on sound quality and plug-and-play compatibility of the headsets by users, pushes the companies to launch top products. The business headphones in the market provide realistic sound for video, music, and gaming applications. The high level of technical experience embedded in these headsets drives the growth of this market in Norway and Finland.
The Finland & Norway business headsets market is segmented into type and application.
By Type
The USB series bluetooth headsets segment value is estimated to cross 84,000 units in 2027. The DECT headsets held the largest share of nearly 40% owing to its high demand.
By Application
The financial segment value is projected to cross USD 8 million in 2024 owing to the rising use of business headsets in the financial industries. The retail segment is predicted to be the fastest growing segment with a value of 12.1%.
By region, the Finland & Norway business headsets market is divided into Finland and Norway.
Finland business headsets market held the largest share in comparison to Norway. The manufacturers in these countries are designing headsets with noise cancelling technology due to the surging demand for UC and business headphones with characteristics, such as comfort, noise reduction, and reliability. The demand for such headphones is tremendously high in many industries, thus increasing the market for business headsets in Norway and Finland.
Key players operating in the Finland & Norway business headsets market include Scandec Systemer, Varjo, Plantronics, Inc., Jabra, Audio-Technica Corporation, Bose Corporation, Dell Inc., GN Store Nord A/S, Koss Corporation, Logitech, Microsoft, Sennheiser electronic GmbH & Co. KG, ClearOne Inc., among others.
The collective market share of the tier-1 companies operating in the market is around 45%, which is why there is high competition in the market. These market players are investing in product launches, collaborations, mergers & acquisitions, and expansions to create a competitive edge in the market. For instance, in October 2018, GN Store Nord A/S introduced a lightweight professional digital corded headphone, Engage 50. This headphone was intended for softphone environments and is compatible with on-premises, as well as cloud-based softphone platforms.
Growth Influencers:
Growing usage business headset in both telecom companies and militaries
The rise in the adoption of unified communication modes to conduct webinars, video conferences, training sessions, as well as meetings using UC technology for reducing expenses is creating a demand for usage of top-notch business headsets in the telecommunication and militaries.
High demand from entertaining and sporting sector
The entertainment industry is growing at a substantial rate in Finland and Norway. The rising stress given on sound quality and plug-and-play compatibility of the headsets by users, pushes the companies to launch top products. The business headphones in the market provide realistic sound for video, music, and gaming applications. The high level of technical experience embedded in these headsets drives the growth of this market in Norway and Finland.
Segments Overview:
The Finland & Norway business headsets market is segmented into type and application.
By Type
- USB Series Corded Headset
- USB Series Bluetooth Headsets
- DECT Headsets
- Others
The USB series bluetooth headsets segment value is estimated to cross 84,000 units in 2027. The DECT headsets held the largest share of nearly 40% owing to its high demand.
By Application
- Financial
- Retail
- Others
The financial segment value is projected to cross USD 8 million in 2024 owing to the rising use of business headsets in the financial industries. The retail segment is predicted to be the fastest growing segment with a value of 12.1%.
Country Overview
By region, the Finland & Norway business headsets market is divided into Finland and Norway.
Finland business headsets market held the largest share in comparison to Norway. The manufacturers in these countries are designing headsets with noise cancelling technology due to the surging demand for UC and business headphones with characteristics, such as comfort, noise reduction, and reliability. The demand for such headphones is tremendously high in many industries, thus increasing the market for business headsets in Norway and Finland.
Competitive Landscape
Key players operating in the Finland & Norway business headsets market include Scandec Systemer, Varjo, Plantronics, Inc., Jabra, Audio-Technica Corporation, Bose Corporation, Dell Inc., GN Store Nord A/S, Koss Corporation, Logitech, Microsoft, Sennheiser electronic GmbH & Co. KG, ClearOne Inc., among others.
The collective market share of the tier-1 companies operating in the market is around 45%, which is why there is high competition in the market. These market players are investing in product launches, collaborations, mergers & acquisitions, and expansions to create a competitive edge in the market. For instance, in October 2018, GN Store Nord A/S introduced a lightweight professional digital corded headphone, Engage 50. This headphone was intended for softphone environments and is compatible with on-premises, as well as cloud-based softphone platforms.
The Finland & Norway business headsets market report provides insights on the below pointers:
- Market Penetration: Provides comprehensive information on the market offered by the prominent players
- Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
- Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the Finland & Norway business headsets market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
- Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
- Pricing Analysis: Pricing analysis of various metals and other components used in the manufacturing of business headsets
- Manufacturing Cost Analysis: Cost-share of various components in business headsets, cost analysis of business headsets, Unit Cost Analysis of E business headsets
The Finland & Norway business headsets market report answers questions such as:
- What is the market size and forecast of the Finland & Norway business headsets market?
- What are the inhibiting factors and impact of COVID-19 on the Finland & Norway business headsets market during the assessment period?
- Which are the products/segments/applications/areas to invest in over the assessment period in the Finland & Norway business headsets Market?
- What is the competitive strategic window for opportunities in the Finland & Norway business headsets market?
- What are the technology trends and regulatory frameworks in the Finland & Norway business headsets market?
- What is the market share of the leading players in the Finland & Norway business headsets market?
- What modes and strategic moves are considered favorable for entering the Finland & Norway business headsets market?
- Who are the headset distributors in Norway?
- Who are the headset distributors in Finland?
- What is the USB series corded headset market share analysis by tier-1 company, based on revenue?
- What is the USB series corded headset market share analysis by company, based on revenue?
- What is the USB series Bluetooth headsets market share analysis by tier-1 company, based on revenue?
- What is the USB series Bluetooth headsets market share analysis by company, based on revenue?
- What is the DECT headsets market share analysis by tier-1 company, based on revenue?
- What is the DECT headsets market share analysis by company, based on revenue?
Table of Contents
Chapter 1. Research Framework
Chapter 2. Research Methodology
Chapter 4. Finland & Norway Business Headsets Market Overview
Chapter 5. Business Headsets Market Analysis, By Type
Chapter 6. Business Headsets Market Analysis, By Application
Chapter 7. Norway Business Headsets Market Analysis
Chapter 8. Finland Business Headsets Market Analysis
Chapter 9. Company Profile (Company Overview, Financial Matrix, Sales Composition Ration, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Scandec Systemer
- Varjo
- Plantronics, Inc.
- Jabra
- Audio-Technica Corporation
- Bose Corporation
- Dell Inc.
- GN Store Nord A/S
- Koss Corporation
- Logitech
- Microsoft
- Sennheiser electronic GmbH & Co. KG
- ClearOne Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 124 |
| Published | October 2021 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 12.3 million |
| Forecasted Market Value ( USD | $ 23.3 million |
| Compound Annual Growth Rate | 11.2% |
| Regions Covered | Finland, Norway |
