The size of the global hearables (TWS) market is expected to grow by 69% and 79% YoY in terms of sales volume and revenue, respectively, in 2020. Although the spread of a COVID-19 had some impact on hearables (TWS) production and operation in China, the situation has just improved with full utilization and the impact on the annual market size will not be that significant. In terms of consumer demand, the negative impact will be limited as the market has a relatively higher portion of online sales than offline. Rather, the market has further growth potential as consumers are likely willing to purchase tech gadgets and accessories to improve the quality of work/study from home life for social distancing. This report is a part of our Hearables service and provides market forecasts by region and by brand from 2020 to 2022.
Table of Contents:
- Key Assumptions
- Hearables Market Forecast 2020-2022 by Region
- Hearables Market Forecast 2020-2022 by Brand
Author: Liz Lee
Published Date: April 2020
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