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Futuresource Hearables Market Report - Worldwide Apr 19
The global Hearables market enjoyed strong growth in 2018, with an increasing number of consumers adopting true wireless or wireless neckband devices. Increasingly the devices come with features that cover sound and conversation enhancement, vital sign monitoring, fitness tracking and, most recently, access to voice assistants.
Through advanced sound and conversation enhancement features, Hearables threaten to take over the sound amplification market, as well as bring sound amplification functionalities to currently non-served consumers with mild hearing loss.
The medical hearing aid market is predicted to remain largely intact since the population with medium and severe hearing loss will still require a medical device to correct their impairment. However, the interchange of features and knowledge between the Personal Audio and Hearing Aid spheres is creating a dynamic and exciting market opportunity.
Research for this Hearables report was conducted throughout H1 2019.
Shipment data is at sell-in level. All value data points are in US Dollars.
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