Overview:
The size of the global hearables (TWS) market is expected to grow by 33% and 20% YoY in terms of sales volume and revenue, respectively, in 2021. As the COVID-19 will unlikely ease in a short time despite the spread of vaccination, the pent-up demand for high-end TWS is not expected to explode until late Q3 2021. Major top brands, including Apple, will launch next generation products and make aggressive moves from Q4 this year, which will boost the TWS market in 2022 more. This report is a part of our Hearables service and provides market forecasts by region and by brand from 2021 to 2023.
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Author
Liz Lee
Liz, an Associate Director at Counterpoint Research, has 14+ years of extensive experience in the tech industry. Previously, Liz worked for Samsung SDI focusing on IR (Investor Relations) along with insight-based analysis of emerging tech markets and corporate strategies. She holds an International MBA degree from Waseda Business School.
