Product Code: SE_206292
The global 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.
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 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.
The global hearable market trends are analyzed across various segments including product, type, communication technology, end user, and region. On the basis of product, the market is categorized into headsets, earbuds, and hearing aids. Depending on the type, the market is sub-segmented into on ear, in ear, and over ear. The communication technology segment is bifurcated into wired and wireless technology, among which the wireless technology segment is further categorized into Bluetooth, Wi-Fi, DECT, and others. Based on the end user, the market is categorized into consumer, industrial, and healthcare. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include 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.
KEY MARKET SEGMENTS
BY PRODUCT
- Headsets
- Earbuds
- Hearing Aids
BY TYPE
BY CONNECTIVITY TECHNOLOGY
- Wired
- Wireless
- Bluetooth
- Wi-Fi
- DECT
- Others
BY END USER
- Consumer
- Industrial
- Construction
- Manufacturing
- Mining
- Others
- Healthcare
BY REGION
- North America
- U.S.
- Mexico
- Canada
- Europe
- Germany
- France
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- 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)
- LG Electronics
Table of Contents
Chapter 1: Introduction
- 1.1. Report Description
- 1.2. Key Benefits For Stakeholders
- 1.3. Key Market Segments
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
- 2.1. Key Findings
- 2.1.1. Top Impacting Factors
- 2.1.2. Top Investment Pockets
- 2.2. Cxo Perspective
Chapter 3: Market Overview
- 3.1. Market Definition And Scope
- 3.2. Key Forces Shaping Hearables Market
- 3.3. Market Evolution/ Industry Roadmap
- 3.4. Patent Analysis
- 3.4.1. By Region (2012-2017)
- 3.5. Market Dynamics
- 3.5.1. Drivers
- 3.5.1.1. Increase In Demand For Wireless Headphones And Infotainment Devices
- 3.5.1.2. Emerging Hearable Computing And Rapid Technological Advancements In Voice User Interface
- 3.5.1.3. Surge In Demand For Miniaturized Wearable Electronic Devices For Health Monitoring
- 3.5.2. Restraints
- 3.5.2.1. Adverse Effect On The Hearing Ability Due To Overuse of Headphones
- 3.5.2.2. High Cost of Industrial Hearables
- 3.5.3. Opportunity
- 3.5.3.1. Growing Focus Toward Adoption of Hearing Devices To Prevent Hearing Loss In Industrial Application
- 3.5.4. Challenge
- 3.5.4.1. Optimizing Battery Life of Hearables Devices
Chapter 4: Hearables Market, By Product
- 4.1. Overview
- 4.2. Headsets
- 4.2.1. Key Market Trends, Growth Factors, And Opportunities
- 4.2.2. Market Size And Forecast, By Region
- 4.2.3. Market Analysis, By Country
- 4.3. Earbuds
- 4.3.1. Key Market Trends, Growth Factors, And Opportunities
- 4.3.2. Market Size And Forecast, By Region
- 4.3.3. Market Analysis, By Country
- 4.4. Hearing Aids
- 4.4.1. Key Market Trends, Growth Factors, And Opportunities
- 4.4.2. Market Size And Forecast, By Region
- 4.4.3. Market Analysis, By Country
Chapter 5: Hearables Market, By Type
- 5.1. Overview
- 5.2. On Ear
- 5.2.1. Key Market Trends, Growth Factors, And Opportunities
- 5.2.2. Market Size And Forecast, By Region
- 5.2.3. Market Analysis, By Country
- 5.3. In Ear
- 5.3.1. Key Market Trends, Growth Factors, And Opportunities
- 5.3.2. Market Size And Forecast, By Region
- 5.3.3. Market Analysis, By Country
- 5.4. Over Ear
- 5.4.1. Key Market Trends, Growth Factors, And Opportunities
- 5.4.2. Market Size And Forecast, By Region
- 5.4.3. Market Analysis, By Country
Chapter 6: Hearables Market, By Connectivity Technology
- 6.1. Overview
- 6.2. Wired
- 6.2.1. Key Market Trends, Growth Factors, And Opportunities
- 6.2.2. Market Size And Forecast, By Region
- 6.2.3. Market Analysis, By Country
- 6.3. Wireless
- 6.3.1. Key Market Trends, Growth Factors, And Opportunities
- 6.3.2. Market Size And Forecast, By Region
- 6.3.3. Market Size And Forecast, By Technology Type
- 6.3.3.1. Bluetooth
- 6.3.3.2. Wi-Fi
- 6.3.3.3. Dect
- 6.3.3.4. Others
- 6.3.4. Market Analysis, By Country
Chapter 7: Hearables Market, By End User
- 7.1. Overview
- 7.2. Consumer
- 7.2.1. Key Market Trends, Growth Factors, And Opportunities
- 7.2.2. Market Size And Forecast, By Region
- 7.2.3. Market Size And Forecast, By Consumer Type
- 7.2.4. Market Analysis, By Country
- 7.3. Industrial
- 7.3.1. Key Market Trends, Growth Factors, And Opportunities
- 7.3.2. Market Size And Forecast, By Region
- 7.3.3. Market Size And Forecast, By Industry Type
- 7.3.3.1. Construction
- 7.3.3.2. Manufacturing
- 7.3.3.3. Mining
- 7.3.3.4. Others
- 7.3.4. Market Analysis, By Country
- 7.4. Healthcare
- 7.4.1. Key Market Trends, Growth Factors, And Opportunities
- 7.4.2. Market Size And Forecast, By Region
- 7.4.3. Market Analysis, By Country
Chapter 8: Hearables Market, By Region
- 8.1. Overview
- 8.2. North America
- 8.2.1. Key Market Trends, Growth Factors, And Opportunities
- 8.2.2. Market Size And Forecast, By Product
- 8.2.3. Market Size And Forecast, By Type
- 8.2.4. Market Size And Forecast, By Connectivity Technology
- 8.2.5. Market Size And Forecast, By End-User
- 8.2.6. Market Analysis By Country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Market Size And Forecast, By Product
- 8.2.6.1.2. Market Size And Forecast, By Type
- 8.2.6.1.3. Market Size And Forecast, By Connectivity Technology
- 8.2.6.1.4. Market Size And Forecast, By End-User
- 8.2.6.2. Canada
- 8.2.6.2.1. Market Size And Forecast, By Product
- 8.2.6.2.2. Market Size And Forecast, By Type
- 8.2.6.2.3. Market Size And Forecast, By Connectivity Technology
- 8.2.6.2.4. Market Size And Forecast, By End-User
- 8.2.6.3. Mexico
- 8.2.6.3.1. Market Size And Forecast, By Product
- 8.2.6.3.2. Market Size And Forecast, By Type
- 8.2.6.3.3. Market Size And Forecast, By Connectivity Technology
- 8.2.6.3.4. Market Size And Forecast, By End-User
- 8.3. Europe
- 8.3.1. Key Market Trends, Growth Factors, And Opportunities
- 8.3.2. Market Size And Forecast, By Type
- 8.3.3. Market Size And Forecast, By Type
- 8.3.4. Market Size And Forecast, By Connectivity Technology
- 8.3.5. Market Size And Forecast, By End-User
- 8.3.6. Market Analysis By Country
- 8.3.6.1. Germany
- 8.3.6.1.1. Market Size And Forecast, By Product
- 8.3.6.1.2. Market Size And Forecast, By Type
- 8.3.6.1.3. Market Size And Forecast, By Connectivity Technology
- 8.3.6.1.4. Market Size And Forecast, By End-User
- 8.3.6.2. France
- 8.3.6.2.1. Market Size And Forecast, By Product
- 8.3.6.2.2. Market Size And Forecast, By Type
- 8.3.6.2.3. Market Size And Forecast, By Connectivity Technology
- 8.3.6.2.4. Market Size And Forecast, By End-User
- 8.3.6.3. Uk
- 8.3.6.3.1. Market Size And Forecast, By Product
- 8.3.6.3.2. Market Size And Forecast, By Type
- 8.3.6.3.3. Market Size And Forecast, By Connectivity Technology
- 8.3.6.3.4. Market Size And Forecast, By End-User
- 8.3.6.4. Russia
- 8.3.6.4.1. Market Size And Forecast, By Product
- 8.3.6.4.2. Market Size And Forecast, By Type
- 8.3.6.4.3. Market Size And Forecast, By Connectivity Technology
- 8.3.6.4.4. Market Size And Forecast, By End-User
- 8.3.6.5. Rest of Europe
- 8.3.6.5.1. Market Size And Forecast, By Product
- 8.3.6.5.2. Market Size And Forecast, By Type
- 8.3.6.5.3. Market Size And Forecast, By Connectivity Technology
- 8.3.6.5.4. Market Size And Forecast, By End-User
- 8.4. Asia-Pacific
- 8.4.1. Key Market Trends, Growth Factors, And Opportunities
- 8.4.2. Market Size And Forecast, By Type
- 8.4.3. Market Size And Forecast, By Type
- 8.4.4. Market Size And Forecast, By Connectivity Technology
- 8.4.5. Market Size And Forecast, By End-User
- 8.4.6. Market Analysis By Country
- 8.4.6.1. Japan
- 8.4.6.1.1. Market Size And Forecast, By Product
- 8.4.6.1.2. Market Size And Forecast, By Type
- 8.4.6.1.3. Market Size And Forecast, By Connectivity Technology
- 8.4.6.1.4. Market Size And Forecast, By End-User
- 8.4.6.2. China
- 8.4.6.2.1. Market Size And Forecast, By Product
- 8.4.6.2.2. Market Size And Forecast, By Type
- 8.4.6.2.3. Market Size And Forecast, By Connectivity Technology
- 8.4.6.2.4. Market Size And Forecast, By End-User
- 8.4.6.3. South Korea
- 8.4.6.3.1. Market Size And Forecast, By Product
- 8.4.6.3.2. Market Size And Forecast, By Type
- 8.4.6.3.3. Market Size And Forecast, By Connectivity Technology
- 8.4.6.3.4. Market Size And Forecast, By End-User
- 8.4.6.4. India
- 8.4.6.4.1. Market Size And Forecast, By Product
- 8.4.6.4.2. Market Size And Forecast, By Type
- 8.4.6.4.3. Market Size And Forecast, By Connectivity Technology
- 8.4.6.4.4. Market Size And Forecast, By End-User
- 8.4.6.5. Rest of Asia-Pacific
- 8.4.6.5.1. Market Size And Forecast, By Product
- 8.4.6.5.2. Market Size And Forecast, By Type
- 8.4.6.5.3. Market Size And Forecast, By Connectivity Technology
- 8.4.6.5.4. Market Size And Forecast, By End-User
- 8.5. Lamea
- 8.5.1. Key Market Trends, Growth Factors, And Opportunities
- 8.5.2. Market Size And Forecast, By Type
- 8.5.3. Market Size And Forecast, By Type
- 8.5.4. Market Size And Forecast, By Connectivity Technology
- 8.5.5. Market Size And Forecast, By End-User
- 8.5.6. Market Analysis By Country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Market Size And Forecast, By Product
- 8.5.6.1.2. Market Size And Forecast, By Type
- 8.5.6.1.3. Market Size And Forecast, By Connectivity Technology
- 8.5.6.1.4. Market Size And Forecast, By End-User
- 8.5.6.2. Middle East
- 8.5.6.2.1. Market Size And Forecast, By Product
- 8.5.6.2.2. Market Size And Forecast, By Type
- 8.5.6.2.3. Market Size And Forecast, By Connectivity Technology
- 8.5.6.2.4. Market Size And Forecast, By End-User
- 8.5.6.3. Africa
- 8.5.6.3.1. Market Size And Forecast, By Product
- 8.5.6.3.2. Market Size And Forecast, By Type
- 8.5.6.3.3. Market Size And Forecast, By Connectivity Technology
- 8.5.6.3.4. Market Size And Forecast, By End-User
Chapter 9: Competitive Landscape
- 9.1. Introduction
- 9.1.1. Market Player Positioning, 2018
- 9.2. Top Winning Strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
Chapter 10: Company Profile
- 10.1. Apple Inc.
- 10.1.1. Company Overview
- 10.1.2. Key Executives
- 10.1.3. Company Snapshot
- 10.1.4. Operating Business Segments
- 10.1.5. Product Portfolio
- 10.1.6. R&D Expenditure
- 10.1.7. Business Performance
- 10.1.8. Key Strategic Moves And Developments
- 10.2. Bose Corporation
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Product Portfolio
- 10.2.5. Business Performance
- 10.2.6. Key Strategic Moves And Developments
- 10.3. Samsung Electronics Co. Ltd.
- 10.3.1. Company Overview
- 10.3.2. Key Executives
- 10.3.3. Company Snapshot
- 10.3.4. Operating Business Segments
- 10.3.5. Product Portfolio
- 10.3.6. R&D Expenditure
- 10.3.7. Business Performance
- 10.3.8. Key Strategic Moves And Developments
- 10.4. Sony Corporation
- 10.4.1. Company Overview
- 10.4.2. Key Executives
- 10.4.3. Company Snapshot
- 10.4.4. Operating Business Segments
- 10.4.5. Product Portfolio
- 10.4.6. R&D Expenditure
- 10.4.7. Business Performance
- 10.4.8. Key Strategic Moves And Developments
- 10.5. Sennheiser Electronic Gmbh & Co. Kg
- 10.5.1. Company Overview
- 10.5.2. Key Executives
- 10.5.3. Company Snapshot
- 10.5.4. Operating Business Division
- 10.5.5. Product Portfolio
- 10.5.6. Business Performance
- 10.5.7. Key Strategic Moves And Developments
- 10.6. Koninklijke Philips N.V.
- 10.6.1. Company Overview
- 10.6.2. Company Snapshot
- 10.6.3. Operating Business Segments
- 10.6.4. Product Portfolio
- 10.6.5. R&D Expenditure
- 10.6.6. Business Performance
- 10.6.7. Key Strategic Moves And Developments
- 10.7. Bragi Gmbh
- 10.7.1. Company Overview
- 10.7.2. Company Snapshot
- 10.7.3. Operating Business Segments
- 10.7.4. Product Portfolio
- 10.7.5. Key Strategic Moves And Developments
- 10.8. Skullcandy, Inc.
- 10.8.1. Company Overview
- 10.8.2. Company Snapshot
- 10.8.3. Operating Business Segments
- 10.8.4. Product Portfolio
- 10.8.5. Key Strategic Moves And Developments
- 10.9. Jabra (Gn Store Nord A/S)
- 10.9.1. Company Overview
- 10.9.2. Company Snapshot
- 10.9.3. Operating Business Segments
- 10.9.4. Product Portfolio
- 10.9.5. Business Performance
- 10.9.6. Key Strategic Moves And Developments
- 10.10. Lg Electronics
- 10.10.1. Company Overview
- 10.10.2. Key Executive
- 10.10.3. Company Snapshot
- 10.10.4. Operating Business Segments
- 10.10.5. Product Portfolio
- 10.10.6. R&D Expenditure
- 10.10.7. Business Performance
- 10.10.8. Key Strategic Moves And Developments