Home News Global TWS earphones shipments in Q2 of 2023 increased by 15% year-on-year

Global TWS earphones shipments in Q2 of 2023 increased by 15% year-on-year

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Global TWS earphones shipments in Q2 of 2023 increased by 15% year-on-year

TechInsights reported that global TWS earphone shipments increased by 15% year-on-year in the second quarter of 2023, and revenue increased by 5.1% year-on-year.

Apple still dominates the TWS market with 17% shipment share and 43% revenue share, but competition from Indian and Chinese manufacturers has caused Apple’s share to decline.

In terms of revenue, high-end (Note: US$101+) TWS earphones accounted for 57% of total revenue. In terms of shipments, entry-level (<$30) TWS earphones accounted for 49% of total shipments, and Bose still has the highest average selling price (ASP).