Share this article Share this article ResearchAndMarkets.com's offering. The true wireless headphones market is expected to grow at a CAGR of over 17% during the period 2019-2025. The global true wireless headphones market is expected to grow at a CAGR of over 17% during the period 2019-2025. Music enthusiasts are investing in high-quality earphones that are compatible with portable devices for high-sound quality and enhanced audio experience. Mobile devices have emerged as the preferred medium for consuming online media. Since 2010, the global smartphone market has witnessed unprecedented growth. Smartphone shipments crossed 1.5 billion in 2015 and crossed over 2.0 billion in 2019. Globalization and the increased number of mass media channels have made millennials aware of a wide range of cultures and music genres. About 49% of millennials watch videos on their mobile devices.