MarketResearchNest.com
adds “Global Hearable Devices Market Growth 2019-2024”new report to its
research database.
A hearable device is
a kind of microcomputer that is positioned in the ear and is fitted in the ear
canal of the user. This kind of device makes the use of wireless technology to
enhance and complement the hearing experience of the wearer. There are many exciting
and limitless possibilities of the hearable devices that are experiencing an
excellent reception in the market. An area of application which has enormous
applications in the field of hearable devices is the area of augmented hearing.
The word "hearables" is coined at the beginning of
2014, referring anything that fits in or on an ear that contains a wireless
link or Bluetooth, whether that's for audio, or remote control of audio
augmentation (qv).
In terms of revenue, hearing aids, although one of the
smaller volume segments, will dominate in terms of overall revenue, largely due
to their historic sales and distribution channel which will maintain their high
product price. The challenge will come from earbuds, which, if they gain
customer acceptance will attract new users, not least from the 1.1 billion
potential people identified by the WHO report as being susceptible to hearing
loss. If they succeed, they will eventually take over the hearing aid category.
These will be at a lower price, but with massively higher volumes. Even without
challenging the hearing aid industry, the wireless ear bud will evolve into an
important market in its own right. As a result it will become one of the most
successful areas within the wearables market.
Among all the major applications of the hearable devices
market, the market for healthcare application accounted the largest share in
2017. The evolution of technology allows people to measure heart rates and
other parameters such as body temperature, blood pressure, pulse oximetry,
electrocardiogram (ECG), electroencephalogram signals, and others using various
smart hearable devices available in the market. Companies in this market also
started offering new capabilities in hearables to the elderly and other
patients. These hearable devices also help manage particular health conditions
and disease states.
Some key factors driving 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 RandD for hearables by OEMs.
According to this study, over the next five years the
Hearable Devices market will register a xx% CAGR in terms of revenue, the
global market size will reach US$ xx million by 2024, from US$ xx million in
2019. In particular, this report presents the global market share (sales and
revenue) of key companies in Hearable Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Hearable Devices market by product type,
application, key manufacturers and key regions and countries.
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This study considers
the Hearable Devices value and volume
generated from the sales of the following segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Headphone
·
Headset
·
Earbuds
·
Hearing
Aids
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Consumer
·
Healthcare
·
Others
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt,South Africa, Israel,
Turkey, GCC Countries
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contents and data tables @
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Apple
·
Samsung
·
Sennheiser
·
Sony
·
GN (Jabra)
·
Sivantos
·
Starkey
·
Bragi
·
Doppler
·
Miracle-Ear
·
Valancell
·
Earin
·
Eargo
·
AKG
·
Audio-Technica
·
Edifier
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key players and the market as a whole. It
also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global Hearable Devices
consumption (value and volume) by key regions/countries, product type and
application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Hearable Devices
market by identifying its various subsegments.
·
Focuses on the key global Hearable Devices
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the Hearable Devices with respect to
individual growth trends, future prospects, and their contribution to the total
market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Hearable Devices
submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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