Alicia Rees's questions to HEAR leadership • Q2 2024
Question
Requested qualitative details on performance and market share across various product segments (headsets, controllers, simulation) and a discussion on regional performance, particularly the growth in North America and the qualitative impact of the PDP acquisition.
Answer
The business mix is now more diversified, with non-headset categories approaching 50% of revenue. The company is gaining share in the strong third-party controller market (+15% YoY) and saw its headset share recover in June. PC share is stable with growth expected, and simulation share is around 20-25% in the U.S. flight sim category. The PDP acquisition increased the Americas' revenue share to 70-75%, benefiting from the strong U.S. market.