Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The "Hearable Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Hearable Devices estimated at US$21.2 Billion in the year 2022, is projected to reach a revised size of US$51.5 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2022-2030.
Hearing Aids, one of the segments analyzed in the report, is projected to record 13.7% CAGR and reach US$26.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Headphones segment is readjusted to a revised 10.4% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 18.4% CAGR
The Hearable Devices market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.8 Billion by the year 2030 trailing a CAGR of 18.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 10.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
Select Competitors (Total 213 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 179 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $21.2 Billion |
| Forecasted Market Value (USD) by 2030 | $51.5 Billion |
| Compound Annual Growth Rate | 11.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Hearable Devices - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/xqujux
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