Dublin, May 17, 2017 (GLOBE NEWSWIRE) -- 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.
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.
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 reader should consult the table in section 5.1 which shows details of a wide range of hearables. The accompanying excel also has more details on products and the technologies used in them.
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.
This study builds on our range of studies on audio technology markets including it's recently published work on Smart Microphones.
It provides details on Hearables or Smart Wearable Audio Device product types, use cases and drivers for market growth, as well as providing insight on current products, assessment of the current suppliers of Smart Wearable Audio Devices and analysis on potential new entrants to the market.
The report is split into two parts:
- A summary report with commentary and charts
- An excel file with detailed forecasts & market shares
Key Topics Covered:
1. Scope and Definitions
2. Market Snapshot
3.Market Drivers and Inhibitors
- Market Overview
- Key Specifications
- Use Cases/Market Drivers
- Market Inhibitors
4. Market Forecast
- Overall Market Forecasts
- Hearables Market Forecast
- Form Factor Forecast
- Use Case Forecast
- Regional Forecast
- Technology Forecasts
5. Competitive Assessment
Competitive Overview
Device Vendors
- Apple
- Bose
- Bragi
- Doppler Labs
- Jabra
- LG
- Life Beam
- Samsung
- Sony
- United Sciences
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)
- Kanoa
- Kokoon
- Kuai
- LG
- Life Beam
- Monster
- Motorola (Binatone)
- Nuheara
- Onkyo
- Phazon
- Plantronics
- Plugfones
- ProSounds H2P
- QuietOn
- RCA
- RippleBuds
- Rowkin
- Samsung
- Simger
- Sony
- SoundHawk
- Starkey
- Tranquil
- Truebuds
- United Sciences
- Waverly Labs
For more information about this report visit http://www.researchandmarkets.com/research/tk844c/hearables_smart