The global hearable market is expected to reach USD 1,67,695.06 million by 2030 from USD 48,154.23 million in 2022, growing at a CAGR of 17.3% during the forecast period of 2023 to 2030.
Market Segmentation
Global Hearable Market, By Type (In Ear, On Ear, Open Ear, and Over Ear), Sales Channel (Online Sales Channel and Offline Sales Channel), Noise Cancellation (Active-Noise Cancellation (ANC) and Passive Noise Cancellation (Isolation), Application (Personal Audio and Communication, Media and Entertainment, Noise Isolation/Cancellation, Health and Fitness (Hearing Aids), and Smart Device Interaction), Audio Input (With Microphone and Without Microphone), End User (Consumer, Healthcare, and Industrial), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, Poland, Denmark, Sweden, Norway, Finland, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, Vietnam, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Kuwait, Oman, Qatar, Bahrain, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America) - Industry Trends and Forecast to 2030.
Overview of Global Hearable Market Dynamics
- Driver
- Rising demand for wireless headphones
- Restraint
- High cost associated with advanced hearable devices
- Opportunity
- Growing focus on the safety of workers in industrial areas
Market Players
Some of the key market players operating in the global hearable market are:
- Apple Inc
- SAMSUNG
- Xiaomi
- Sonova
- Sony
- WS Audiology Denmark A/S
- Bose Corporation
- LG Electronics
- Huawei Technologies Co., Ltd
- Starkey Laboratories, Inc
- Jabra
- Google
- Miracle-Ear
- Imagine Marketing Limited
- Edifier
- Anker Innovations
- Skullcandy
- 3M
- Koninklijke Philips N.V.
- Fujikon
- Microsoft
- Bragi
- Amazon.com, Inc.
- VOXX International Corp
- Olive Union Inc
- Audio-Technica U.S, Inc
- QuietOn
- NUHEARA LIMITED
TABLE OF CONTENTS
1 INTRODUCTION 15
- 1.1 OBJECTIVES OF THE STUDY 15
- 1.2 MARKET DEFINITION 15
- 1.3 OVERVIEW OF THE GLOBAL HEARABLE MARKET 15
- 1.4 CURRENCY AND PRICING 16
- 1.5 LIMITATIONS 17
- 1.6 MARKETS COVERED 17
2 MARKET SEGMENTATION 20
- 2.1 MARKETS COVERED 20
- 2.2 YEARS CONSIDERED FOR THE STUDY 21
- 2.3 GEOGRAPHIC SCOPE 22
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 23
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 26
- 2.6 DBMR MARKET POSITION GRID 27
- 2.7 VENDOR SHARE ANALYSIS 29
- 2.8 MARKET END-USER COVERAGE GRID 30
- 2.9 MULTIVARIATE MODELLING 31
- 2.10 TYPE TIMELINE CURVE 32
- 2.11 SECONDARY SOURCES 33
- 2.12 ASSUMPTIONS 33
3 EXECUTIVE SUMMARY 34
4 PREMIUM INSIGHTS 37
- 4.1 SUPPLY CHAIN ANALYSIS 38
- 4.2 TOP PLAYERS SALES NUMBER 39
- 4.3 TOP PRODUCTS SALES NUMBER 40
- 4.4 TECHNOLOGICAL INNOVATIONS 41
5 MARKET OVERVIEW 42
- 5.1 DRIVERS 44
- 5.1.1 RISING DEMAND FOR WIRELESS HEADPHONES 44
- 5.1.2 INCREASING CASES OF HEARING LOSS 45
- 5.1.3 GROWTH IN DEMAND FOR MINIATURIZED WEARABLE ELECTRONIC DEVICES 46
- 5.1.4 GROWING FOCUS ON WORKERS SAFETY IN INDUSTRIAL AREAS 47
- 5.2 RESTRAINT 48
- 5.2.1 HIGH COST ASSOCIATED WITH ADVANCED HEARABLE DEVICES 48
- 5.3 OPPORTUNITIES 49
- 5.3.1 INCREASING COLLABORATION AND PARTNERSHIP AMONG MARKET PLAYERS 49
- 5.3.2 TECHNOLOGICAL ADVANCEMENT IN HEARABLES 49
- 5.3.3 EMERGENCE OF AUDITORY AR 50
- 5.4 CHALLENGES 52
- 5.4.1 BATTERY LIFE ISSUES ASSOCIATED WITH WIRELESS HEARABLES 52
- 5.4.2 DATA SECURITY CONCERNS 52
6 GLOBAL HEARABLE MARKET, BY TYPE 54
- 6.1 OVERVIEW 55
- 6.2 IN EAR 56
- 6.3 ON EAR 56
- 6.4 OVER EAR 57
- 6.5 OPEN EAR 57
7 GLOBAL HEARABLE MARKET, BY SALES CHANNEL 58
- 7.1 OVERVIEW 59
- 7.2 ONLINE SALES CHANNEL 60
- 7.2.1 ONLINE RETAILERS 60
- 7.2.2 BRAND WEBSITE 60
- 7.3 OFFLINE SALES CHANNEL 61
- 7.3.1 SPECIALTY STORES 61
- 7.3.2 ELECTRONIC STORES 61
8 GLOBAL HEARABLE MARKET, BY NOISE CANCELLATION 62
- 8.1 OVERVIEW 63
- 8.2 ACTIVE-NOISE CANCELLATION (ANC) 64
- 8.2.1 FEEDFORWARD ACTIVE-NOISE CANCELLATION (ANC) 64
- 8.2.2 FEEDBACK ACTIVE-NOISE CANCELLATION (ANC) 65
- 8.2.3 HYBRID ACTIVE-NOISE CANCELLATION (ANC) 65
- 8.3 PASSIVE NOISE CANCELLATION (ISOLATION) 65
9 GLOBAL HEARABLE MARKET, BY APLLICATION 66
- 9.1 OVERVIEW 67
- 9.2 PERSONAL AUDIO AND COMMUNICATION 68
- 9.3 MEDIA AND ENTERTAINMENT 69
- 9.4 NOISE ISOLATION/CANCELLATION 69
- 9.4.1 PERSONAL USE 70
- 9.4.2 INDUSTRIAL USE 70
- 9.5 HEALTH AND FITNESS (HEARING AIDS) 70
- 9.6 SMART DEVICE INTERACTION 70
10 GLOBAL HEARABLE MARKET, BY AUDIO INPUT 71
- 10.1 OVERVIEW 72
- 10.2 WITH MICROPHONE 73
- 10.2.1 NON-REMOVABLE MICROPHONE 73
- 10.2.2 REMOVABLE MICROPHONE 73
- 10.3 WITHOUT MICROPHONE 74
11 GLOBAL HEARABLE MARKET, BY END USER 75
- 11.1 OVERVIEW 76
- 11.2 CONSUMER 77
- 11.2.1 IN EAR 77
- 11.2.2 ON EAR 77
- 11.2.3 OVER EAR 78
- 11.2.4 OPEN EAR 78
- 11.3 HEALTHCARE 78
- 11.3.1 IN EAR 78
- 11.3.2 ON EAR 78
- 11.3.3 OVER EAR 79
- 11.3.4 OPEN EAR 79
- 11.4 INDUSTRIAL 79
- 11.4.1 INDUSTRY TYPE 79
- 11.4.1.1 CONSTRUCTION 79
- 11.4.1.2 MINING 79
- 11.4.1.3 MANUFACTURING 80
- 11.4.1.4 DEFENCE AND MILITARY 80
- 11.4.2 TYPE 80
- 11.4.2.1 IN EAR 80
- 11.4.2.2 ON EAR 80
- 11.4.2.3 OVER EAR 80
- 11.4.2.4 OPEN EAR 80
12 GLOBAL HEARABLE MARKET, BY REGION 81
- 12.1 OVERVIEW 82
- 12.2 NORTH AMERICA 84
- 12.2.1 U.S. 84
- 12.2.2 CANADA 84
- 12.2.3 MEXICO 84
- 12.3 EUROPE 85
- 12.3.1 GERMANY 85
- 12.3.2 FRANCE 85
- 12.3.3 U.K. 85
- 12.3.4 RUSSIA 85
- 12.3.5 ITALY 85
- 12.3.6 SPAIN 85
- 12.3.7 NETHERLANDS 85
- 12.3.8 POLAND 85
- 12.3.9 SWITZERLAND 85
- 12.3.10 BELGIUM 85
- 12.3.11 SWEDEN 86
- 12.3.12 TURKEY 86
- 12.3.13 DENMARK 86
- 12.3.14 NORWAY 86
- 12.3.15 FINLAND 86
- 12.3.16 REST OF EUROPE 86
- 12.4 ASIA-PACIFIC 87
- 12.4.1 CHINA 87
- 12.4.2 JAPAN 87
- 12.4.3 INDIA 87
- 12.4.4 SOUTH KOREA 87
- 12.4.5 AUSTRALIA & NEW ZEALAND 87
- 12.4.6 SINGAPORE 87
- 12.4.7 TAIWAN 87
- 12.4.8 THAILAND 87
- 12.4.9 INDONESIA 87
- 12.4.10 MALAYSIA 87
- 12.4.11 PHILIPPINES 88
- 12.4.12 VIETNAM 88
- 12.4.13 REST OF ASIA-PACIFIC 88
- 12.5 MIDDLE EAST AND AFRICA 89
- 12.5.1 SAUDI ARABIA 89
- 12.5.2 U.A.E. 89
- 12.5.3 ISRAEL 89
- 12.5.4 SOUTH AFRICA 89
- 12.5.5 EGYPT 89
- 12.5.6 KUWAIT 89
- 12.5.7 QATAR 89
- 12.5.8 OMAN 89
- 12.5.9 BAHRAIN 89
- 12.5.10 REST OF MIDDLE EAST AND AFRICA 89
- 12.6 SOUTH AMERICA 90
- 12.6.1 BRAZIL 90
- 12.6.2 ARGENTINA 90
- 12.6.3 REST OF SOUTH AMERICA 90
13 GLOBAL HEARABLE MARKET, COMPANY LANDSCAPE 91
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL 91
- 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 92
- 13.3 COMPANY SHARE ANALYSIS: EUROPE 93
- 13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 94
14 SWOT ANALYSIS 95
15 COMPANY PROFILING 96
- 15.1 APPLE INC. 96
- 15.1.1 COMPANY SNAPSHOT 96
- 15.1.2 REVENUE ANALYSIS 96
- 15.1.3 COMPANY SHARE ANALYSIS 97
- 15.1.4 PRODUCT PORTFOLIO 97
- 15.1.5 RECENT DEVELOPMENT 97
- 15.2 SAMSUNG 99
- 15.2.1 COMPANY SNAPSHOT 99
- 15.2.2 REVENUE ANALYSIS 100
- 15.2.3 COMPANY SHARE ANALYSIS 100
- 15.2.4 PRODUCT PORTFOLIO 101
- 15.2.5 RECENT DEVELOPMENTS 102
- 15.3 XIAOMI 103
- 15.3.1 COMPANY SNAPSHOT 103
- 15.3.2 REVENUE ANALYSIS 103
- 15.3.3 COMPANY SHARE ANALYSIS 104
- 15.3.4 PRODUCT PORTFOLIO 104
- 15.3.5 RECENT DEVELOPMENTS 105
- 15.4 SONOVA 106
- 15.4.1 COMPANY SNAPSHOT 106
- 15.4.2 REVENUE ANALYSIS 107
- 15.4.3 COMPANY SHARE ANALYSIS 107
- 15.4.4 PRODUCTS PORTFOLIO 108
- 15.4.5 RECENT DEVELOPMENTS 110
- 15.5 SONY CORPORATION 111
- 15.5.1 COMPANY SNAPSHOT 111
- 15.5.2 REVENUE ANALYSIS 111
- 15.5.3 COMPANY SHARE ANALYSIS 112
- 15.5.4 PRODUCT PORTFOLIO 112
- 15.5.5 RECENT DEVELOPMENTS 113
- 15.6 3M 114
- 15.6.1 COMPANY SNAPSHOT 114
- 15.6.2 REVENUE ANALYSIS 114
- 15.6.3 PRODUCT PORTFOLIO 115
- 15.6.4 RECENT DEVELOPMENTS 116
- 15.7 AMAZON.COM, INC. 117
- 15.7.1 COMPANY SNAPSHOT 117
- 15.7.2 REVENUE ANALYSIS 117
- 15.7.3 PRODUCTS PORTFOLIO 118
- 15.7.4 RECENT DEVELOPMENTS 118
- 15.8 AUDIO-TECHNICA CORPORATION 119
- 15.8.1 COMPANY SNAPSHOT 119
- 15.8.2 PRODUCT PORTFOLIO 119
- 15.8.3 RECENT DEVELOPMENTS 120
- 15.9 BOSE CORPORATION 121
- 15.9.1 COMPANY SNAPSHOT 121
- 15.9.2 PRODUCTS PORTFOLIO 121
- 15.9.3 RECENT DEVELOPMENTS 122
- 15.10 BRAGI 123
- 15.10.1 COMPANY SNAPSHOT 123
- 15.10.2 PRODUCTS PORTFOLIO 123
- 15.10.3 RECENT DEVELOPMENTS 123
- 15.11 EDIFIER 124
- 15.11.1 COMPANY SNAPSHOT 124
- 15.11.2 REVENUE ANALYSIS 124
- 15.11.3 PRODUCT PORTFOLIO 125
- 15.11.4 RECENT DEVELOPMENTS 125
- 15.12 FANTASIA TRADING LLC (A PART OF ANKER INNOVATIONS) (SOUNDCORE) 126
- 15.12.1 COMPANY SNAPSHOT 126
- 15.12.2 REVENUE ANALYSIS 126
- 15.12.3 PRODUCTS PORTFOLIO 127
- 15.12.4 RECENT DEVELOPMENTS 127
- 15.13 FUJIKON 129
- 15.13.1 COMPANY SNAPSHOT 129
- 15.13.2 REVENUE ANALYSIS 129
- 15.13.3 PRODUCT PORTFOLIO 130
- 15.13.4 RECENT DEVELOPMENTS 130
- 15.14 GOOGLE 131
- 15.14.1 COMPANY SNAPSHOT 131
- 15.14.2 REVENUE ANALYSIS 131
- 15.14.3 PRODUCT PORTFOLIO 132
- 15.14.4 RECENT DEVELOPMENT 132
- 15.15 HUAWEI TECHNOLOGIES CO., LTD. 133
- 15.15.1 COMPANY SNAPSHOT 133
- 15.15.2 REVENUE ANALYSIS 133
- 15.15.3 PRODUCT PORTFOLIO 134
- 15.15.4 RECENT DEVELOPMENTS 134
- 15.16 IMAGINE MARKETING LIMITED 135
- 15.16.1 COMPANY SNAPSHOT 135
- 15.16.2 PRODUCTS PORTFOLIO 135
- 15.16.3 RECENT DEVELOPMENTS 136
- 15.17 JABRA (A SUBSIDIARY OF GN STORE NORD A/S) 137
- 15.17.1 COMPANY SNAPSHOT 137
- 15.17.2 PRODUCT PORTFOLIO 137
- 15.17.3 RECENT DEVELOPMENTS 138
- 15.18 KONINKLIJKE PHILIPS N.V. 139
- 15.18.1 COMPANY SNAPSHOT 139
- 15.18.2 REVENUE ANALYSIS 140
- 15.18.3 PRODUCT PORTFOLIO 140
- 15.18.4 RECENT DEVELOPMENTS 141
- 15.19 LG ELECTRONICS 143
- 15.19.1 COMPANY SNAPSHOT 143
- 15.19.2 REVENUE ANALYSIS 143
- 15.19.3 PRODUCT PORTFOLIO 144
- 15.19.4 RECENT DEVELOPMENTS 144
- 15.20 MICROSOFT 146
- 15.20.1 COMPANY SNAPSHOT 146
- 15.20.2 REVENUE ANALYSIS 146
- 15.20.3 PRODUCT PORTFOLIO 147
- 15.20.4 RECENT DEVELOPMENTS 147
- 15.21 MIRACLE-EAR 148
- 15.21.1 COMPANY SNAPSHOT 148
- 15.21.2 PRODUCT PORTFOLIO 148
- 15.21.3 RECENT DEVELOPMENTS 149
- 15.22 NUHEARA LIMITED 150
- 15.22.1 COMPANY SNAPSHOT 150
- 15.22.2 PRODUCTS PORTFOLIO 150
- 15.22.3 RECENT DEVELOPMENT 150
- 15.23 OLIVE UNION INC. 151
- 15.23.1 COMPANY SNAPSHOT 151
- 15.23.2 PRODUCTS PORTFOLIO 151
- 15.23.3 RECENT DEVELOPMENTS 152
- 15.24 QUIETON 153
- 15.24.1 COMPANY SNAPSHOT 153
- 15.24.2 PRODUCT PORTFOLIO 153
- 15.24.3 RECENT DEVELOPMENT 153
- 15.25 SKULLCANDY 154
- 15.25.1 COMPANY SNAPSHOT 154
- 15.25.2 PRODUCTS PORTFOLIO 154
- 15.25.3 RECENT DEVELOPMENTS 155
- 15.26 STARKEY LABORATORIES, INC. 156
- 15.26.1 COMPANY SNAPSHOT 156
- 15.26.2 PRODUCTS PORTFOLIO 156
- 15.26.3 RECENT DEVELOPMENTS 157
- 15.27 VOXX INTERNATIONAL CORP. 158
- 15.27.1 COMPANY SNAPSHOT 158
- 15.27.2 REVENUE ANALYSIS 158
- 15.27.3 PRODUCT PORTFOLIO 159
- 15.27.4 RECENT DEVELOPMENT 159
- 15.28 WS AUDIOLOGY A/S 160
- 15.28.1 COMPANY SNAPSHOT 160
- 15.28.2 REVENUE ANALYSIS 160
- 15.28.3 BRAND PORTFOLIO 161
- 15.28.4 RECENT DEVELOPMENTS 162
16 QUESTIONNAIRE 163
17 RELATED REPORTS 166