Hearables market size was valued at $21.20 billion in 2018, and is projected to reach $93.90 billion by 2026, growing at a CAGR of 17.2% from 2019 to 2026.
Hearables is an electronic device that is designed for multiple purposes that range from wireless transmission to communication purposes, fitness tracking, and medical monitoring. Hearables are featured with biometric, proximity, movement, and other sensors that enable them to collect context about user. Hearable devices are technically advanced electronic devices that are designed for multiple purposes ranging from wireless transmission to communication objectives. Also, these devices perform various functions such as heart rate tracking voice based personal assistants, contextual location-based suggestions, environment-based noise suppression or audio enhancement, and gesture & touch-based control along with is primary function of listening to audio signals.
Major Key Players of the Hearables Market are:
Apple, Inc, Bose Corporation, BRAGI GmbH, Koninklijke Philips N.V., Samsung Electronics Co., Ltd., Sony Corporation, Sennheiser Electronic GMBH & Co., KG, Skullcandy, Inc, Jabra (GN Store Nord A/S), and LG Electronics.
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Headphones have evolved and witnessed vast improvements in terms of technology over the years. Shift in preference of consumers from wired headphones to wireless headphones is expected to affect the market significantly. Wireless communication via Bluetooth technology has been a breakthrough for headphones. This is attributed to the fact that wireless headphones are enabled with Bluetooth and Wi-Fi technology, which enable the users to link their phones to other devices and headsets.
The Hearables Market is segmented on the basis of Product, Type, Connectivity Technology, End User and region.
Major Product of Hearables Market covered are:
- Hearing Aids
Major Types of Hearables Market covered are:
- In Ear
- On Ear
- Over Ear
Major Connectivity Technology of Hearables Market covered are:
Major End User of Hearables Market covered are:
The increase in demand for wireless headphones and infotainment devices is majorly contributing to the hearables market growth, owing to shift in preference of consumers from wired headphones to wireless headphones, as wireless headphones are enabled with Bluetooth and Wi-Fi technology, which enable the users to link their phones to other devices and headsets. In addition, hearable computing is a next emerging technology, which promotes hands-free calling and communication, ensures voice communication in a noisy environment, and provides a solution by combining signals from in-ear and external microphones. Furthermore, surge in demand for miniaturized wearable electronic devices for health monitoring is also driving the market growth. However, adverse effect on hearing ability due to overuse of headphones and high cost of industrial hearable can hinder the market growth.
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– To study and analyze the global Hearables consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Hearables market by identifying its various sub-segments.
– Focuses on the key global Hearables manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Hearables with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Hearables Market Size
2.2 Hearables Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Hearables Market Size by Manufacturers
3.2 Hearables Key Players Head office and Area Served
3.3 Key Players Hearables Product/Solution/Service
3.4 Date of Enter into Hearables Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Hearables Sales by Product
4.2 Global Hearables Revenue by Product
4.3 Hearables Price by Product
5 Breakdown Data by End User
5.2 Global Hearables Breakdown Data by End User
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In the end, Hearables industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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