+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Hearable Devices - Global Market Trajectory & Analytics

  • ID: 5302556
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Apple, Inc.
  • Bose Corporation
  • Bragi GmbH
  • Doppler Labs, Inc.
  • Edifier
  • Gn Store Nord A/S
Global Hearable Devices Market to Reach $30.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Hearable Devices estimated at US$16.9 Billion in the year 2020, is projected to reach a revised size of US$30.3 Billion by 2027, growing at a CAGR of 8.7% over the analysis period 2020-2027. Hearing Aids, one of the segments analyzed in the report, is projected to record a 9.6% CAGR and reach US$14.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Headphones segment is readjusted to a revised 8.4% CAGR for the next 7-year period.





The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 13.2% CAGR

The Hearable Devices market in the U.S. is estimated at US$4.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2027 trailing a CAGR of 13.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.

Headsets Segment to Record 7.2% CAGR

In the global Headsets segment, USA, Canada, Japan, China and Europe will drive the 6.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$4.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2027, while Latin America will expand at a 8.5% CAGR through the analysis period.

Select Competitors (Total 37 Featured):
  • Apple, Inc.
  • Bose Corporation
  • Bragi GmbH
  • Doppler Labs, Inc.
  • Edifier
  • Gn Store Nord A/S
  • Harman International Industries, Incorporated
  • Samsung Electronics Co., Ltd.
  • Sennheiser Electronic GmbH & Co.. Kg
  • Sony Corporation (Japan)
  • Starkey Hearing Technologies, Inc.,
  • Valancell
  • Voxx International Corporation
  • Widex Holding A/S
  • William Demant Holdings A/S
Frequently Asked Questions about the Global Market for Hearable Devices

What is the estimated value of the Global Market for Hearable Devices?

The Global Market for Hearable Devices was estimated to be valued at $16.9 Billion in 2020.

What is the growth rate of the Global Market for Hearable Devices?

The growth rate of the Global Market for Hearable Devices is 8.7%, with an estimated value of $30.3 Billion by 2027.

What is the forecasted size of the Global Market for Hearable Devices?

The Global Market for Hearable Devices is estimated to be worth $30.3 Billion by 2027.

Who are the key companies in the Global Market for Hearable Devices?

Key companies in the Global Market for Hearable Devices include Apple, Inc., Bose Corporation, Bragi GmbH, Doppler Labs, Inc., Edifier, Gn Store Nord A/S, Harman International Industries, Incorporated, Samsung Electronics Co. Ltd. and Sony Corporation (Japan).
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apple, Inc.
  • Bose Corporation
  • Bragi GmbH
  • Doppler Labs, Inc.
  • Edifier
  • Gn Store Nord A/S

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 37
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Apple, Inc.
  • Bose Corporation
  • Bragi GmbH
  • Doppler Labs, Inc.
  • Edifier
  • Gn Store Nord A/S
  • Harman International Industries, Incorporated
  • Samsung Electronics Co. Ltd.
  • Sennheiser Electronic GmbH & Co.. Kg
  • Sony Corporation (Japan)
  • Starkey Hearing Technologies, Inc.
  • Valancell
  • Voxx International Corporation
  • Widex Holding A/S
  • William Demant Holdings A/S
Note: Product cover images may vary from those shown