Overview:
The TWS market’s sales volume will grow by 2% YoY, but its revenue will decrease by 3% YoY in 2023. We expect the TWS market to keep growing till 2026 when the smartphone attach rate will be 36% while the average lifespan of a TWS device before replacement will be 1.5-1.8 years. We have revised the growth rates for the coming years from the previous forecast to factor in the slower recovery of consumer sentiment, low growth of Tier I brands, and lack of innovation which could attract sizable demand.
Table of Contents:
- Key Assumptions
- by Region
- by Brand
- Analyst contacts
Number of Pages: 5
Published Date: September 2023