What is the market size of True Wireless Earphones

10/08/2021

Market Size-Over $10 Billion

True wireless stereo (TWS) earbuds are driving innovation and creating a growth market. According to the latest report from SAR Insight & Consulting – FOCUS, True Wireless Earbuds: Market Growth, Market Shares, Technologies Used, Components Used – more than 40 million TWS earbuds with a retail value of more than $6 billion were shipped in 2018, and rapid growth is expected to continue.

Total market revenues for the true wireless stereo earbuds (TWS) market are expected to reach almost $10 billion in 2019, outstripping all other headphone markets, according to the latest research from SAR Insight & Consulting, which reports "the market is expected to grow rapidly over the next 5 years accounting for more than 60% of all wireless stereo headphones shipped by 2023.”

Below is the top 5 TWS market all over the world

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