Low, Mid TWS Segment Sees Fast Expansion in Q3 2020

  • Global TWS market grew 24% QoQ in Q3 2020. China and Asia-Pacific showed highest growth.
  • Premium TWS brands’ market expansion slowed while low- and medium- priced brands
    strengthened presence in major markets.
  • Chinese smartphone OEMs are expected to continue to expand their share in TWS market.

Global TWS market grew 24% QoQ in Q3 2020 despite the economic crisis caused by the pandemic, according to the Counterpoint Global Hearables (TWS) Market Tracker for Q3 2020. Good show by the low- and mid-price segment aided this growth. Considering the strong seasonality in Q4 with Black Friday and Christmas promotions, the market in 2020 is expected to slightly exceed the initial annual estimate of 220 million units.

Continued content growth and rising mobile video consumption have helped drive TWS demand. Above all, the recent trends of phone makers scrapping the earphone jack in phones and removing earphones from the box are having a large impact on market growth.

In terms of regions, China and AP ex CN (Asia-Pacific excluding China) showed high growth in Q3 2020. NAM (North America) maintained its first place with a 31% share. However, owing to rapid growth in other regions, its share dropped by 5%p compared to Q2 2020.

Exhibit 1: Global TWS Market, Q3 2020

Counterpoint Research Global TWS Market Q3 2020
Source: Global Hearables (TWS) Market Tracker

The sub-$100 price band captured more than half of the total market for the first time, accounting for 56% share in Q3 2020. Awareness of the low- and mid-end models increased due to weak consumer confidence along with the expansion of online channels. The COVID-19 pandemic continues to positively impact demand for budget devices, especially in NAM and China.

Exhibit 2: Market Share by Price Band, Q3 2020

Counterpoint Research Market Share by Price Band Q3 2020
Source: Global Hearables (TWS) Market Tracker

In terms of brands, Apple remained the leader in Q3 2020, but its market share fell by 6%p QoQ to 29%. Shares of other premium TWS brands such as Samsung and Jabra also fell. However, the biggest entry-level brand, Xiaomi, still grew and its four models, including the Redmi AirDots and AirDots S, figured in the global top 10 list of bestsellers in Q3 2020. QCY and JLab also expanded their market presence with strengthened model line-ups and competitive pricing strategies.

Exhibit 3: Global Top 10 Bestsellers, Q3 2020

Counterpoint Research Global Top 10 Bestsellers Q3 2020
Source: Global Hearables (TWS) Market Tracker

Amid the high growth witnessed in the global TWS market in Q3 2020, the low- and mid-priced product lines stood out. Apart from the pandemic-triggered reasons, the decreasing gap between these and premium segments in terms of technologies used, like noise cancellation and connectivity, also played its role.

This trend is expected to continue. Chinese smartphone OEMs such as Xiaomi and realme will continue to grow by focusing on low- and mid-priced TWS products and benefitting from brand recognition and solid distribution networks.

Related Posts and Reports

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.

Term of Use and Privacy Policy

Counterpoint Technology Market Research Limited


In order to access Counterpoint Technology Market Research Limited (Company or We hereafter) Web sites, you may be asked to complete a registration form. You are required to provide contact information which is used to enhance the user experience and determine whether you are a paid subscriber or not.
Personal Information When you register on we ask you for personal information. We use this information to provide you with the best advice and highest-quality service as well as with offers that we think are relevant to you. We may also contact you regarding a Web site problem or other customer service-related issues. We do not sell, share or rent personal information about you collected on Company Web sites.

How to unsubscribe and Termination

You may request to terminate your account or unsubscribe to any email subscriptions or mailing lists at any time. In accessing and using this Website, User agrees to comply with all applicable laws and agrees not to take any action that would compromise the security or viability of this Website. The Company may terminate User’s access to this Website at any time for any reason. The terms hereunder regarding Accuracy of Information and Third Party Rights shall survive termination.

Website Content and Copyright

This Website is the property of Counterpoint and is protected by international copyright law and conventions. We grant users the right to access and use the Website, so long as such use is for internal information purposes, and User does not alter, copy, disseminate, redistribute or republish any content or feature of this Website. User acknowledges that access to and use of this Website is subject to these TERMS OF USE and any expanded access or use must be approved in writing by the Company.
– Passwords are for user’s individual use
– Passwords may not be shared with others
– Users may not store documents in shared folders.
– Users may not redistribute documents to non-users unless otherwise stated in their contract terms.

Changes or Updates to the Website

The Company reserves the right to change, update or discontinue any aspect of this Website at any time without notice. Your continued use of the Website after any such change constitutes your agreement to these TERMS OF USE, as modified.
Accuracy of Information: While the information contained on this Website has been obtained from sources believed to be reliable, We disclaims all warranties as to the accuracy, completeness or adequacy of such information. User assumes sole responsibility for the use it makes of this Website to achieve his/her intended results.

Third Party Links: This Website may contain links to other third party websites, which are provided as additional resources for the convenience of Users. We do not endorse, sponsor or accept any responsibility for these third party websites, User agrees to direct any concerns relating to these third party websites to the relevant website administrator.

Cookies and Tracking

We may monitor how you use our Web sites. It is used solely for purposes of enabling us to provide you with a personalized Web site experience.
This data may also be used in the aggregate, to identify appropriate product offerings and subscription plans.
Cookies may be set in order to identify you and determine your access privileges. Cookies are simply identifiers. You have the ability to delete cookie files from your hard disk drive.