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Wireless Stereo Headset Market to Reach $173.1 Billion, Globally, by 2033 at 15.1% CAGR: Allied Market Research

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The growth of wireless stereo headset market include increasing consumer demand for portable audio solutions, advancements in Bluetooth technology, rising adoption of smart devices, and the popularity of features such as noise cancellation and voice assistant integration.

WILMINGTON, Del., Aug. 12, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Wireless Stereo Headset Market by Product Type (wireless stereo earbuds, neckband headsets and over-ear headphones), Technology (Bluetooth, near field communication and radio frequency), and Application (consumer electronics, gaming headset and fitness & sports): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, The global wireless stereo headset market was valued at $42.7 billion in 2023, and is projected to reach $173.1 billion by 2033, growing at a CAGR of 15.1% from 2024 to 2033.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A07029 

Prime determinants of growth 

The growth of the wireless stereo headset market is primarily driven by several key factors. The technological advancements in wireless communication, particularly Bluetooth technology, have significantly enhanced the reliability, range, and sound quality of wireless headsets, thereby expanding their appeal to consumers. Moreover, the proliferation of smartphones and other mobile devices has spurred demand for convenient, hands-free audio solutions, fostering the adoption of wireless stereo headsets for activities such as listening to music, gaming, and making calls. In addition, the increasing consumer preference for immersive audio experiences, facilitated by features such as noise cancellation and spatial audio, has further propelled market growth. Furthermore, lifestyle trends favoring fitness and outdoor activities have boosted the demand for rugged, sweat-resistant wireless headsets suitable for active use. The integration of artificial intelligence (AI) and voice assistants into headsets has added functionality and convenience, attracting tech-savvy consumers.

Report coverage & details: 

Report Coverage 

Details             

Forecast Period 

2024–2033                               

Base Year 

2023

Market Size in 2023

$42.7 billion                  

Market Size in 2033

$173.1 Billion                

CAGR 

15.1 %

No. of Pages in Report 

246

Segments Covered 

Product Type, Technology Type, Application and Region. 

 

Drivers 

Technological AdvancementsRising Demand for Portable Audio                    

 

Opportunity

Expansion in Emerging Markets 

 

Restraints

High CostConnectivity Issues 

 

Procure Complete Report (246 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/e9880bf6d71a6beeea0c1d9fcac699f2 

Segment Highlights 

The true wireless stereo buds have high demand in wireless stereo headset market. This is due to their unmatched convenience and portability. These earbuds offer users freedom from tangled wires and are favored for their compact, lightweight design, making them ideal for active lifestyles and daily use. Advancements in Bluetooth technology, such as improved connectivity and enhanced sound quality with versions like Bluetooth 5.0 and 5.2, further bolster their appeal. TWS earbuds also come equipped with advanced features like active noise cancellation, touch controls, and seamless integration with voice assistants, catering to tech-savvy consumers seeking innovative audio solutions.

The bluetooth have high demand in wireless stereo headset market. It enables seamless connections across a wide range of devices, including smartphones, tablets, and laptops, without the need for proprietary connectors. Users benefit from the freedom of wireless connectivity, allowing them to move freely during activities such as commuting or exercising. Advancements in Bluetooth, such as Bluetooth 5.0 and beyond, have significantly improved connection stability, range, and data transfer speeds, ensuring a reliable audio experience with minimal latency. Setting up Bluetooth headsets is straightforward, often featuring simple pairing processes and automatic connection capabilities.

The consumer electronics have high demand in wireless stereo headset market. Consumer electronics are highly sought after in the wireless stereo headset market due to their versatility and integration with modern technology. These headsets cater to a broad range of everyday activities such as listening to music, watching videos, gaming, and making calls, appealing to diverse consumer preferences. Seamless integration with smartphones, tablets, and other smart devices enhances functionality with features like hands-free calling, voice assistant support, and app connectivity, providing users with enhanced convenience. Accessibility through various retail channels ensures easy availability, allowing consumers to find and purchase headsets that meet their specific needs.

Regional Outlook 

North America dominates the wireless stereo headsets market for several key reasons that underscore its leadership in the industry. The region boasts a high rate of technological adoption and innovation, with consumers eagerly embracing new audio technologies such as wireless stereo headsets. Strong consumer demand is fueled by widespread smartphone use, a growing appetite for mobile entertainment, and a preference for premium audio experiences. Major tech giants headquartered in North America, including Apple, Microsoft, Google, and Amazon, lead the industry with cutting-edge products and influential market strategies. Economic prosperity contributes to higher disposable incomes, allowing consumers to invest in advanced audio solutions.

Players: – 

Apple, Inc.Samsung ElectronicsSony CorporationBose CorporationJabraSennheiserBeats ElectronicsBose CorporationSkullcandyPlantronics

The report provides a detailed analysis of these key players in the global wireless stereo headset  market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Want to Access the Statistical Data and Graphs, Key Players’ Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/A07029 

Recent Developments:

In October 2021, Apple debuted the AirPods 3rd Generation, presenting a redesigned form reminiscent of the AirPods Pro but without active noise cancellation. This model boasted enhanced sound quality and support for spatial audio.In January 2021, Samsung unveiled the Galaxy Buds Pro in, highlighting features such as active noise cancellation (ANC), a sleek design, and improved sound quality, catering to users seeking top-tier wireless earbuds.

Explore AMR’s Extensive ongoing Coverage on Consumer and Goods Domain:

Wireless Headphone Market Opportunity Analysis and Industry Forecast, 2021-2031Office Headsets Market Opportunity Analysis and Industry Forecast, 2024-2033In-Ear ANC Headset Market Opportunity Analysis and Industry Forecast, 2023-2032True Wireless Bluetooth Headset Market Opportunity Analysis and Industry Forecast, 2023-2032Kid’s Earphone and Headphone Market Opportunity Analysis and Industry Forecast, 2023-2032Wireless Bluetooth Sleep Headphone Market Opportunity Analysis and Industry Forecast, 2024-2033Recording Headphone Market Opportunity Analysis and Industry Forecast, 2024-2033Office Headsets Market Opportunity Analysis and Industry Forecast, 2024-2033Headsets for PC Market Opportunity Analysis and Industry Forecast, 2023-2032Full Cup ANC Headset Market Opportunity Analysis and Industry Forecast, 2023-2032TWS Bluetooth Headset Market Opportunity Analysis and Industry Forecast, 2023-2032True Wireless Stereo (TWS) Headset Market Opportunity Analysis and Industry Forecast, 2023-2032Wireless Unified Communications Headset Market Opportunity Analysis and Industry Forecast, 2023-2032Gaming Headsets and Gaming Headphone Market Opportunity Analysis and Industry Forecast, 2023-2032

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Technology

3 Easy Ways to Save on Payroll Software in 2025

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New survey results from Halfpricesoft reveals key tricks businesses across America have been using to maximize efficiency.

REDMOND, Wash. , Jan. 7, 2025 /PRNewswire/ — With inflation, “shrinkflation,” and corporate price hikes since the pandemic, small businesses are being squeezed by big tech companies into ever-smaller margins. Large coastal tech providers continue raising prices on even the most basic payroll software features, leaving small businesses and bookkeepers to foot the bill.

 

Business experts at Halfpricesoft have spent thousands of hours talking with small businesses from Iowa to Idaho to learn how they are surviving these unprecedented times. From cutting overhead costs to running more effective acquisition campaigns, they found that one of the biggest unnecessary expenses is overpaying for tech products—particularly payroll software. Business owners and accountants shared stories of per-employee fees exceeding $10 and steep charges for adding new companies.

Fixed Price for Employees

The fastest way to save money on payroll is to pick software with a fixed price rather than per-employee charges. Many major providers charge double digits per additional employee, which quickly drives up costs. Instead, choose solutions that offer a fixed rate, regardless of the number of employees.

ezPaycheck, an unlimited-employee payroll solution from Halfpricesoft, does exactly that. With unlimited employees and unlimited checks, bookkeepers, CPAs, and business owners have saved as much as 90% by switching from larger competitors. By focusing on fewer (but essential) features and streamlining development, ezPaycheck has been sold and supported continuously since 2005.

https://www.halfpricesoft.com/index.asp

Accurate, Updated Tax Withholding

One of the most common (and costly) mistakes businesses make is using payroll software that overestimates withholding. When employers send excess funds to the IRS and state governments on behalf of employees, it ties up capital that could otherwise be reinvested into the business.

The key to scaling a  small business or CPA firm is efficient capital allocation, making any significant overpayment of taxes a major liability. Some payroll software, to avoid underpayment, will drastically overcalculate withholdings or fail to handle state tax rates correctly.

Halfpricesoft takes pride in ezPaycheck’s accuracy and rapid updates. Whenever new tax laws or rate changes are announced, ezPaycheck and ezAccounting are updated promptly—often faster than many other solutions on the market. This commitment to accuracy and ease of use explains why ezPaycheck boasts one of the highest customer retention rates in the industry.

Quick Technical Support

Small businesses are often overlooked by larger companies, even when paying thousands of dollars in annual fees. When payroll errors or calculation issues arise, major providers tend to prioritize their biggest clients, leaving smaller businesses with delayed or inadequate support. This oversight can lead to tax penalties and costly mistakes.

ezPaycheck stands out in the payroll market for its fast, attentive support—especially when W-2 and 1099-MISC forms are due at the end of January. During these peak periods, support hours extend to over 12 hours a day, ensuring quick response times. From remote desktop troubleshooting to detailed phone consultations, Halfpricesoft focuses on customer success as one of its guiding principles. Only when small-business partners succeed can a payroll company truly grow.

Conclusion

With a 30 day free trial  and only $169 for an annual license, businesses owners and CPAs are encouraged to try ezPaycheck. With after the fact checks, 941 e-filing, check printing, and misc checks, ezPaycheck is the best payroll software for small businesses who want to scale affordably.

https://www.halfpricesoft.com/index.asp

Halfpricesoft.com is a leading provider of small to mid-size business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software,1095 form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by customers for over 20 years and will allow US business owners to simplify payroll processing and streamline business management.

 

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SOURCE Halfpricesoft.com

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Siemens launches new program to empower startups with cutting-edge technology

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Siemens for Startups program to streamline the collaboration process and facilitate partnerships with new innovative companiesSiemens to collaborate with Amazon Web Services (AWS) to deliver access to Siemens Xcelerator ecosystem and accelerate innovation at startups

MUNICH, Jan. 7, 2025 /PRNewswire/ — Siemens today launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups. Announced at CES 2025 in Las Vegas, the program will enable new innovative companies to accelerate innovation, streamline development processes and scale faster by providing venture-related services, while reducing the cost of access to Siemens software and hardware.

“Startups are essential to making our customers more competitive, sustainable and resilient. By collaborating with startups, Siemens helps bring breakthrough ideas to industries faster, empowering customers to address global challenges more effectively with cutting-edge technologies, tools and solutions,” said Peter Koerte, Member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer. 

The Siemens for Startups program has three pillars:

Connect 
The new program will help onboard startup companies to the Siemens Xcelerator marketplace, thus providing access to a global go-to-market channel and the Siemens Xcelerator ecosystem.Collaborate 
As an early customer and co-developer, Siemens will collaborate with leading startups through venture clienting. This approach will give Siemens access to cutting-edge capabilities and services and provide startups with the early revenue needed for growth.Empower
Solutions from the “Siemens for Startups” program will provide startups – whether focused on product development or on software development – with packaged access to essential software tools from Siemens Xcelerator.

Partnership with AWS

As part of its ongoing strategic collaboration with AWS, Siemens will link the “Siemens for Startups” program with AWS’s Startup program to accelerate innovation, streamline development processes and enable startups to scale faster. The collaboration underscores both companies’ commitment to fostering entrepreneurship and driving digital transformation in the industrial sector.

“Collaborating with Siemens allows us to extend the capabilities of our AWS Startup program to a new generation of innovators in the engineering and manufacturing space,” said Jon Jones, Vice President and Global Head Startups at AWS. “By providing startups with advanced software, generative AI and cloud services, AWS and Siemens are enabling them to bring their ideas to life more quickly and boost entire industries with cutting-edge solutions.”

Integrating Siemens’ comprehensive suite of industrial software – including design, simulation and manufacturing solutions from the Siemens Xcelerator portfolio – into AWS’s scalable cloud infrastructure and startup program will enable startups to access the tools and resources they need to seize market opportunities. For technical and go-to-market support, qualifying startups will receive AWS credits, business development resources and access to the AWS Activate program.

Showcasing startups

At CES 2025, Siemens highlighted the following startup companies that are collaborating with Siemens’ teams and technology to scale operations.

Arkisys is building one of the first business platforms in space for new technology hosting, satellite integration, assembly and resupply. The Arkisys Port supports scalable rapid prototyping, new payload and technology testing, the assembly and integration of new free-flying space platforms and destinations for orbital transfer vehicles, and on-orbit assembly and manufacturing.Dirac, a Siemens Technology Partner, is a leader in automated manufacturing workflow software, revolutionizing American manufacturing with innovative solutions that bridge the gap between design and production. Its flagship product, BuildOS, is the first automated work instruction platform, using physics-based simulations and manufacturing best practices to automatically generate animated, interactive, 3D assembly-ready work instructions directly from CAD models. BuildOS enables companies to seamlessly transition from design to production while retaining critical tacit knowledge, aggregating and contextualizing it within the design process. As a Technology Partner working alongside Siemens, Dirac has been able to drive enormous value across the Automotive and Aerospace & Defense industries.EthonAI is developing the EthonAI Manufacturing Analytics System (MAS), a powerful software suite designed to achieve operational excellence at scale. The MAS creates a common context across disparate factory data sources, analyzes data using the latest AI techniques, and makes the results accessible through a suite of interoperating applications. The applications within the MAS are specifically tailored to improve operational KPIs such as quality, throughput, uptime, costs and sustainability. Customers using EthonAI have achieved waste reductions of over 50 percent.Haddy is revolutionizing furniture manufacturing with advanced 3D printing and robotics, producing high-quality, sustainable products at a low cost and on a commercial scale. Haddy is building a global network of local micro-factories equipped with hybrid Flexbot systems from CEAD and recycling units that shorten the supply chain and help the environment by reducing waste.Instrumental technology automates failure discovery and root cause analysis in electronics manufacturing — accelerating new product development and improving yield in production. Easy-to-use workflows enable engineers to do failure analysis 100x faster.Tended uses geospatial data and wearable technology to transform the safety of high-risk work environments. The solution provides organizations with enhanced visibility over onsite operations to quickly identify and correct unsafe actions. A high degree of accuracy helps to ensure people, plant and equipment are in the right place at the right time, helping to prevent near misses and accidents.

More information about Siemens for Startups is available at www.siemens.com/startups

This press release is available at:
https://sie.ag/2vXqqh

Follow us at www.x.com/siemens_press

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. 

In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

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SOURCE Siemens

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Tech Mahindra Tops India and Achieves Second Place Globally in the S&P Dow Jones Sustainability Indices 2024 for TSV IT Services Segment

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PUNE, India and NEW YORK, Jan. 7, 2025 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced its recognition as a global sustainability leader by S&P Dow Jones Sustainability Indices (DJSI) 2024, one of the world’s most renowned indices for ESG (Environmental, Social & Governance). DJSI has ranked Tech Mahindra as 1st in India and 2nd globally, with an impressive score of 88 and 100 percentile in the ‘TSV IT services’ segment, highlighting the organization’s unwavering commitment to advancing sustainability across its businesses globally.

The TSV IT services segment comprises three divisions: data processing and outsourced services, internet services and infrastructure, and IT consulting & other services. The announcement follows the recent results of the annual Dow Jones Sustainability Indices rebalancing and reconstitution, marking Tech Mahindra’s inclusion in the DJSI World Index and DJSI Emerging Markets for the tenth consecutive year. The DJSI World Index represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index (BMI) based on long-term economic, environmental, and social criteria.

Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, said, “In a rapidly changing world, organizations must commit to sustainability and resilience, ensuring our actions today pave the way for a better tomorrow. Tech Mahindra is proud to celebrate its inclusion in the prestigious Dow Jones Sustainability Indices for the 10th consecutive year. This sustainability milestone is a testament to our commitment to a greener future and reflects our unwavering commitment to environmental responsibility, social impact, and ethical practices.”

Tech Mahindra’s sustainability initiatives are committed to creating a positive environmental impact and achieving ambitious targets, including Net Zero by 2035, Carbon Neutrality by 2030, and attaining 90% renewable energy sourcing by 2030. The organization also aims to become water-positive by 2030 and ensure 100% Zero Waste to Landfill certification across all owned facilities.

Through the implementation of an internal carbon pricing mechanism, Tech Mahindra drives strategic investments in renewable energy, green buildings, and energy-efficient technologies. This reinforces Tech Mahindra’s position as a global leader in sustainability, committed to creating lasting value for its stakeholders and the planet.

For more information on the Dow Jones Sustainability World Indices components, click here.

For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com/

Tech Mahindra’s Social Media Channels: Facebook, X, LinkedIn and YouTube

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SOURCE Tech Mahindra

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