Low-end TWS models drive global earbuds shipments


New Delhi, Sep 7 (IANS): Global true wireless (TWS) hearables shipments managed to grow 13 per cent (on-quarter) and 15 per cent (on-year) in the second quarter this year, driven by low-end models in the under-$50 segment.

According to latest data from Counterpoint Research, entry-level models were not impacted by inflation fears.

"Emerging markets like India, MEA and Latin America grew quarter-on-quarter driven by low-end models, while China continues to suffer from a weak economic climate and its Zero-Covid policy," said Kyunghwan Shin, Research Associate at Counterpoint.

The overall growth of the global TWS market in Q2 2022 was sluggish, especially in YoY terms, due to Covid-19 and weak macroeconomic indicators.

Xiaomi, in particular, benefited greatly from its broad portfolio focused on entry-level and led the sub-$100 segment.

The brand was also able to better absorb the device replacement cycle.

"Apple is expected to rebound in H2 2022. As the upcoming Airpods Pro 2 remain as the only alternative model for ANC-enabled Airpods, the former could absorb the demand of its past iteration which was released in 2019," said Shin.

Samsung's Galaxy Buds 2 Pro is also expected to receive favourable reviews with its high sound quality and outstanding ANC.

Its increased price would pose a big hurdle for the new Galaxy Buds Pro model but is still about $20 cheaper than the AirPods Pro model.

"If Samsung succeeds in showing decent sales with the increased price, it could prove to be a milestone for its premium brand image in the TWS market," said the report.

  

Top Stories


Leave a Comment

Title: Low-end TWS models drive global earbuds shipments



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.