openPR Logo
Press release

Hearables Market Expected to Hit $93.85 Billion, Globally, by 2026 at 17.2% CAGR

02-10-2020 06:57 AM CET | IT, New Media & Software

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Hearables

Hearables

Rise in demand for wireless headphones and infotainment devices, emerging hearable computing and rapid technological advancements in voice user interface, and emergence of miniaturized wearable electronic devices for health monitoring fuel the growth of the global hearables market. On the other hand, adverse effect on the hearing ability due to overuse of headphones and high cost of industrial hearables hamper the growth to some extent. However, surge in focus toward adoption of hearing devices to prevent hearing loss in industrial application is expected to create a number of opportunities for the key players in the industry.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/6292

The headsets segment to lead the trail by 2026-

Based on product, the headsets segment contributed to more than two-thirds of the global hearables market in 2018, and is expected to retain its dominance till 2026. This is attributed to increase in penetration of infotainment devices, rapid technological advancements, and surge in need for mobility services. The earbuds segment, on the other hand, would grow at the fastest CAGR of 29.5% during 2019-2026, owing to widespread availability of these average cost devices on online and offline retail stores.

The on-ear segment held the largest share in 2018-

Based on type, the on-ear segment held the major share in 2018, generating nearly half of the global hearables market. On-ear headphones are more effective in external noise cancellation as compared to other types of headphones. Also, these headphones are more portable as compared to over ear headphones which, in turn, have boosted the growth of the segment. At the same time, the over-ear segment would register the fastest CAGR of 19.9% during the study period. This is due to their thick headbands and large ear cups that completely encompass the ears.

North America to rule the roost in terms of revenue-

Based on geography, North America accounted for nearly one-third of the global hearables market revenue in 2018, and is anticipated to dominate throughout the forecast period. This is due to the presence of major players offering advanced solutions in the region. Simultaneously, the region across LAMEA would cite the fastest CAGR of 21.0% by the end of 2026. Factors such as growth in IoT and rise in demand for wearables technologies drive the growth of the LAMEA hearable market.

Enquire For Discount: https://www.alliedmarketresearch.com/request-sample/6292

Leading market players-

? Bose Corporation
? Koninklijke Philips N.V.
? Apple, Inc.
? LG Electronics
? Samsung Electronics Co., Ltd.
? Sony Corporation
? Sennheiser Electronic GMBH & Co.
? BRAGI GmbH
? Skullcandy, Inc.
? Jabra (GN Store Nord A/S)

Article Source: https://bit.ly/378kFIM

About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hearables Market Expected to Hit $93.85 Billion, Globally, by 2026 at 17.2% CAGR here

News-ID: 1924451 • Views: 138

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for Based

AI Based Document Analyzer
Can Artificial Intelligence detect important paragraphs? Patodia Infotech Private Limited has developed an AI based solution that can highlight important paragraph according to its important. Let us take a scenario. You are a busy legal advisor (or a top executive in a big organization) and have received a 200-page document. You need to give your legal opinion or analysis for this document. You must read every word of the document
Plant-based Biologics
Increasing demand for biologics for various chronic diseases and rising investment in R&D for the production of biologics is expected to contribute significantly to the growth of plant-based biologics market. According to Biotechnology Innovation Organization (BIO) 2015, over 250 biologic therapies and vaccines have changed the lives of hundreds of millions of patients. Moreover, according to the same source, over 900 biologics are currently (2018) under the stage of development
Hospital-based EMR Market
Electronic medical record (EMR) is a digital version of a paper chart, which contains a patient's medical history. This system is designed to share information with other healthcare providers such as laboratories and specialists. It helps to reduce operational cost such as transcription services and overtime labor expenses. Get Sample PDF of Report@ https://www.alliedmarketresearch.com/request-toc-and-sample/3219 Increase in demand for advanced health monitoring systems drives the growth of the market. In addition, rise in
Plant Based Beverages Market
https://www.qandqmarketresearch.com/reports/7360187/plantbased-beverages-market-87 Plantbased products include plantbased beverages that are further classified into plantbased dairy alternatives, juices, and readytodrink beverages. The plantbased beverages segment is expected to witness a growing CAGR of 6.5% by 2025, owing to the changing eating habits of consumers. Consumers are more conscious about health and wellness than before, and want to consume products that are healthy and natural without compromising on the taste and flavor of the product. Increasing
Plant-based Snacks Market
https://www.qandqmarketresearch.com/reports/7287268/plantbased-snacks-market-24 Plantbased products are those products that are made entirely from plantbased ingredients, and limit or restrict any use of animalbased products. Plantbased products include plantbased snacks, which are further classified into meat alternative snacks, cereal/grainbased snacks, plantbased salted snacks, plantbased snack bars, and fruit and nut snacks. Based on regional segmentation for the plantbased snacks market, North America, Western Europe, and Asia Pacific are estimated to dominate the global plantbased
Account Based Marketing
Today, most of the marketing organizations are moving towards the Account Based Marketing ( ABM ) . The ABM approach has been there for years but the recent technologies available have made this approach scalable and hence more effective and popular. The traditional marketing approach has been around attracting your prospects from a larger pool. The account based marketing is about targeting accounts based on your best business connection. It is