The global hearables market grew by 151% in volume terms in 2019 to 139m units, with total market value reaching $19Bn. Unit shipments are forecast to grow by 60% in 2020 to reach 223m at a retail value of $29Bn. In stark contrast, Hearing Aids, whilst growing 7% in 2019, are expected to decline sharply in 2020 by -17% in volumes to 19m units.
This report explores the landscape of Consumer Hearables, Hearing Aids and PSAPs, drawing together research from across Futuresource’s different reports and diving deeper into the future potential of such devices.
Research for this Hearables report was conducted throughout H2 2020.
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