Hearables - Smart Wearable Audio Devices - Expected to Reach Almost 70 Million Units Per Annum in 2020 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Hearables - Smart Wearable Audio Devices: Existing & New Products, Market Forecasts, Drivers & Inhibitors, Technologies and Competitive Analysis" report to their offering.

A hearable is a new class of device classified as a head-worn device that can be used for listening to music but also has additional functionality provided by sensors. These sensors include heart rate sensors, accelerometers, gyroscopes, magnetometers, barometers, EEG sensors, and more. Today most hearables market volume is taken by sports headphones with heart rate sensors and/or accelerometers for activity tracking. The fastest growing segment, however, is that of fully wireless solutions such as Bragi Dash.

The hearables market is growing rapidly, not only in volume terms but also in the number of new products coming to market. Some recent key products include Bragi Dash, Doppler Labs Hear One, Samsung Iconix, and Vi Fitness Coach. The hearables market was estimated to be worth $130 million in 2015, growing rapidly at a CAGR of >120% to be worth $7.6 billion in 2020.

As the hearables market grows it is expected to take share from the wireless headphone and hearing aid markets as some functionality of both these types of devices are expected to merge into hearables. That said, each of these markets will continue to be very significant and see overall growth.

Companies Mentioned:

  • ALTO Inc.
  • AMPSound
  • Apple
  • Beats
  • Bose
  • Bragi
  • Costco/Kirkland
  • Doppler Labs
  • Dot
  • Earin
  • Erato Audio
  • Etymotic
  • FireFlies Audio
  • Flare Audio
  • GN Resound
  • Human Incorporated
  • Hush
  • iRiver/Astell & Kern
  • Jabra
  • Jaybird (Logitech)
  • (25+ Others)

For more information about this report visit http://www.researchandmarkets.com/research/cbg8kw/hearables_smart

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Audio Equipment, Wearable Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Audio Equipment, Wearable Technology