Global Hearable Market - Industry Trends and Forecast to 2030
Market Report I 2023-09-01 I 166 Pages I Data Bridge Market Research
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
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