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Hearable Devices Market by Product ((Headset (Traditional Headset, Earbuds), Headphone, and Hearing Aids (Smart, Regular)), Technology (Bluetooth, Wi-Fi), Application (Consumer, Healthcare), and Geography - Global Forecast to 2023

Hearable Devices Market by Product ((Headset (Traditional Headset, Earbuds), Headphone, and Hearing Aids (Smart, Regular)), Technology (Bluetooth, Wi-Fi), Application (Consumer, Healthcare), and Geography - Global Forecast to 2023

“Hearable Devices market is projected to grow at a CAGR of 9.98% between 2017 and 2023”
The hearable devices market has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 23.24 billion in 2023, at a CAGR of 9.98% between 2017 and 2023. The drivers for this market are the growing demand for smartphones as a source of entertainment; consumer preference for wearable and portable devices; increasing demand for health monitoring applications and hearing aids; and high investment in R&D for hearables by OEMs. The main restraint for this market is delivering high-quality audio.

“Market for headset is estimated to grow at the highest CAGR during the forecast period”
The headset market is expected to grow at the highest CAGR during the forecast period. One of the major reasons why headset is preferred more than a headphone is because it comes with a microphone. The market opportunity and the upcoming trend of the voice user interface are mainly driven by the pair of earbuds with equipped microphone. Also, with the help of microphones that record the surrounding noise, headsets perform better in noise cancellation compared to headphones.

“Market for Bluetooth headset accounted for the largest share of the hearable devices market in 2016”
The reason for Bluetooth to be the preferred choice is its ubiquitous and universal deployment, which makes it compatible with a larger set of devices. It is also preferred because it is the most economic technology for close range. Wi-Fi being preferred for a larger distance area. As hearables generally demand a use case where the source of audio is within 15 feet, this is the most cost-effective technology that can be deployed.

“APAC is expected to be the fastest-growing market for hearable devices during the forecast period”
Being the most populated region in the world, the market in APAC for consumer electronics including smartphones, tablets, and hearable devices is increasing rapidly with a high rate of development. Furthermore, factors such as urbanization, individuals’ acceptance for innovative technologies, and the growing popularity of streaming music services are responsible for the growth of the hearable devices market in this region.

Breakdown of the profile of primary participants:
• By Company: Tier 1—35 %, Tier 2—45%, and Tier 3—20%
• By Designation: C-level Executives—35%, Directors—25%, and Others—40%
• By Region: North America—45%, Europe—17%, APAC—30%, and RoW—8%

The major players profiled in this report include:
• Apple Inc. (US)
• Samsung Electronics Co., Ltd. (South Korea)
• Sony Corporation (Japan)
• GN Store Nord A/S (Denmark)
• Sennheiser Electronic GmbH & Co. KG (Germany)
• Harman International Industries Inc. (US)
• VOXX International Corporation (US)
• William Demant Holdings A/S (Denmark)
• Bose Corp. (US)
• Widex Holding A/S (Denmark)

Research Coverage
The study segments in the hearable devices market report are products, which include headphone, headset, hearing aid, and technology covering Bluetooth and Wi-Fi. The study also covers applications and geographic forecast of the market size for various segments with regard to 4 main regions: Asia Pacific, Americas, Europe, and RoW.

Reasons to buy the report
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the hearable devices market comprehensively and provides the closest approximations of the overall market size and those of the subsegments across different applications and regions.
2. The report gives the detailed analysis of the hearable devices market with the help of business model analysis, competitive leadership mapping, and value chain analysis including key companies in the market and their relations in the ecosystem.
3. The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
4. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, product developments, partnerships, and mergers and acquisitions in the hearable devices market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE HEARABLE DEVICES MARKET
    • BLUETOOTH HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD BILLION)
    • WIRELESS HEARING AIDS MARKET, BY PROCESSING CAPABILITY, 2015–2023 (USD BILLION)
    • GEOGRAPHIC SNAPSHOT OF THE HEARABLE DEVICES MARKET
    • APAC: HEARABLE DEVICES MARKET, BY COUNTRY, 2017–2023 (USD BILLION)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • MARKET, BY PRODUCT
    • INTRODUCTION
      • Table HEARABLE DEVICES MARKET, BY TYPE, 2015–2023 (USD BILLION)
      • Table HEARABLE DEVICES MARKET, BY TYPE, 2015–2023 (MILLION UNITS)
    • HEADSET
      • HEADSET MARKET, BY TYPE
        • Table HEADSET MARKET, BY TYPE, 2015–2023 (USD BILLION)
        • Table HEADSET MARKET, BY TYPE, 2015–2023 (MILLION UNITS)
      • HEADSET MARKET, BY PROCESSING CAPABILITY
        • Table HEADSET MARKET, BY PROCESSING CAPABILITY, 2015–2023 (USD MILLION)
        • Table HEADSET MARKET, BY PROCESSING CAPABILITY, 2015–2023 (MILLION UNITS)
        • Table HEADSET MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
        • Table HEADSET MARKET, BY TECHNOLOGY, 2015–2023 (MILLION UNITS)
        • Table HEADSET MARKET, BY REGION, 2015–2023 (USD BILLION)
        • Table HEADSET MARKET, BY REGION, 2015–2023 (MILLION UNITS)
        • Table MARKET IN AMERICAS, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEADSET MARKET IN THE AMERICAS, BY COUNTRY, 2015–2023 (MILLION UNITS)
        • Table HEADSET MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEADSET MARKET IN EUROPE, BY COUNTRY, 2015–2023 (MILLION UNITS)
        • Table HEADSET MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEADSET MARKET IN APAC, BY COUNTRY, 2015–2023 (MILLION UNITS)
        • Table HEADSET MARKET IN ROW, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEADSET MARKET IN ROW, BY COUNTRY, 2015–2023 (MILLION UNITS)
    • HEADPHONE
      • Table HEADPHONE MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
      • Table HEADPHONE MARKET, BY TECHNOLOGY, 2015–2023 (MILLION UNITS)
      • Table HEADPHONE MARKET, BY REGION, 2015–2023 (USD BILLION)
      • Table HEADPHONE MARKET, BY REGION, 2015–2023 (MILLION UNITS)
      • Table HEADPHONE MARKET IN THE AMERICAS, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table HEADPHONE MARKET IN THE AMERICAS, BY COUNTRY, 2015–2023 (MILLION UNITS)
      • Table HEADPHONE MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table HEADPHONE MARKET IN EUROPE, BY COUNTRY, 2015–2023 (MILLION UNITS)
      • Table HEADPHONE MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table HEADPHONE MARKET IN APAC, BY COUNTRY, 2015–2023 (MILLION UNITS)
      • Table HEADPHONE MARKET IN ROW, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table HEADPHONE MARKET IN ROW, BY COUNTRY, 2015–2023 (MILLION UNITS)
    • HEARING AIDS
      • REGULAR HEARING AIDS
      • SMART HEARING AIDS
        • Table HEARING AIDS MARKET, BY PROCESSING CAPABILITY, 2015–2023 (USD BILLION)
        • Table HEARING AIDS MARKET, BY PROCESSING CAPABILITY, 2015–2023 (MILLION UNITS)
        • Table HEARING AIDS MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
        • Table HEARING AIDS MARKET, BY TECHNOLOGY, 2015–2023 (MILLION UNITS)
        • Table HEARING AIDS MARKET, BY REGION, 2015–2023 (USD BILLION)
        • Table HEARING AIDS MARKET, BY REGION, 2015–2023 (MILLION UNITS)
        • Table HEARING AIDS MARKET IN THE AMERICAS, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEARING AIDS MARKET IN AMERICAS, BY COUNTRY, 2015–2023 (MILLION UNITS)
        • Table HEARING AIDS MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEARING AIDS MARKET IN EUROPE, BY COUNTRY, 2015–2023 (MILLION UNITS)
        • Table HEARING AIDS MARKET IN APAC, BY COUNTRY, 2015–2023, (USD MILLION)
        • Table HEARING AIDS MARKET IN APAC, BY COUNTRY, 2015–2023 (MILLION UNITS)
        • Table HEARING AIDS MARKET IN ROW, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEARING AIDS MARKET IN ROW, BY COUNTRY, 2015–2023 (MILLION UNITS)
  • MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table HEARABLE DEVICES MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
      • Table HEARABLE DEVICES MARKET, BY TECHNOLOGY, 2015–2023 (MILLION UNITS)
    • BLUETOOTH
      • Table BLUETOOTH HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table BLUETOOTH HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (MILLION UNITS)
    • WI-FI
      • Table WIFI HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table WI-FI HEARABLE DEVICES MARKET, BY PRODUCT, 2015 –2023, (MILLION UNITS)
    • OTHERS
      • Table OTHERS TECHNOLOGY HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table OTHERS TECHNOLOGY HEARABLE DEVICES MARKET, BY PRODUCT, 2015 –2023, (MILLION UNITS)
  • MARKET, BY APPLICATION
    • INTRODUCTION
      • Table HEARABLE DEVICES MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
      • Table HEARABLE DEVICES MARKET, BY APPLICATION, 2015–2023 (MILLION UNITS)
    • CONSUMER
    • HEALTHCARE
    • OTHERS
  • GEOGRAPHICAL ANALYSIS
    • INTRODUCTION
      • Table HEARABLE DEVICES MARKET, BY REGION, 2015–2023 (USD BILLION)
      • Table HEARABLE DEVICES MARKET, BY REGION, 2015–2023 (MILLION UNITS)
    • AMERICAS
      • Table AMERICAS HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table AMERICAS HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023, (MILLION UNITS)
      • US
      • CANADA
      • MEXICO
      • OTHERS
        • Table AMERICAS HEARABLE DEVICES MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table HEARABLE DEVICES MARKET IN THE AMERICAS, BY COUNTRY, 2015–2023 (MILLION UNITS)
    • EUROPE
      • Table EUROPE HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table EUROPE HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (MILLION UNITS)
      • GERMANY
      • FRANCE
      • UK
      • OTHERS
        • Table EUROPEAN HEARABLE DEVICES MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table EUROPEAN HEARABLE DEVICES MARKET, BY COUNTRY, 2015–2023 (MILLION UNITS)
    • APAC
      • Table APAC HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table APAC HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (MILLION UNITS)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • OTHERS
        • Table APAC HEARABLE DEVICES MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table APAC HEARABLE DEVICES MARKET, BY COUNTRY, 2015–2023 (MILLION UNITS)
    • REST OF THE WORLD (ROW)
      • Table ROW HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table ROW HEARABLE DEVICES MARKET, BY PRODUCT, 2015–2023 (MILLION UNITS)
      • MIDDLE EAST
      • AFRICA
        • Table ROW HEARABLE DEVICES MARKET, BY GEOGRAPHY, 2015–2023 (USD MILLION)
        • Table ROW HEARABLE DEVICES MARKET, BY GEOGRAPHY, 2015–2023 (MILLION UNITS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS OF THE HEARABLE DEVICES MARKET, 2016
      • Table RANKING ANALYSIS OF THE PLAYERS IN THE HEARABLE DEVICES MARKET IN 2016
    • HEARABLE DEVICES MARKET (GLOBAL) "COMPETITIVE LEADERSHIP MAPPING," 2017
      • INTRODUCTION
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • BUSINESS STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE HEARABLE DEVICES MARKET (25 PLAYERS)
      • ANALYSIS OF PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE HEARABLE DEVICES MARKET (25 PLAYERS)
  • COMPANY PROFILES
    • INTRODUCTION
    • APPLE, INC. (US)
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SAMSUNG ELECTRONICS CO., LTD. (SOUTH KOREA)
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SONY CORPORATION (JAPAN)
      • OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGIES EXCELLENCE
      • RECENT DEVELOPMENTS
    • GN STORE NORD A/S
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SENNHEISER ELECTRONIC GMBH & CO. KG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • VOXX INTERNATIONAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WILLIAM DEMANT HOLDINGS A/S
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • BOSE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WIDEX A/S
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • KEY INNOVATORS
      • INTRODUCTION
      • BRAGI GMBH (GERMANY)
      • STARKEY LABORATORIES, INC. (US)
      • DOPPLER LABS, INC. (US)
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • QUESTIONNAIRE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORT
    • AUTHOR DETAILS

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