The headphones landscape has experienced phenomenal growth over the last decade and as a result, headphones are becoming the fastest-selling personal electronic device on the market.
COVID-19 has certainly accelerated this adoption due to the increase in remote working, the growth of gaming and further potential in use cases, such as health and hearing augmentation. As a result, headphones and true wireless devices are expected to grow to over 700 million in 5 years’ time.
At Audio Collaborative 2020, Research Analyst Luke Pearce discussed the overlapping and converging applications across the headphones market and how this could impact the developing landscape moving forward.