Idtechex Forecasts 14% Growth YoY Until 2025 for the Hearables Market
IDTechEx released a new report covering the market, technology and players in hearables. The market research company uses the term "hearables" loosely to describe all true wireless devices in the consumer electronics space, but also medical devices such as hearing aids and even cochlear implants. In this overview, it finds that the market was worth $24.5bn in 2019 and will continue to grow at a forecasted 14% YoY from 2020-2025, driven primarily by the true wireless consumer category.