Press release
Emerging Trends in Wireless Speaker Market 2020 and Global Foreseen Till 2025 | Analysis by Top Key Vendors - Samsung, Sony, VIZIO, Yamaha, Altec Lansing, Apple, Bose
Wireless Speaker Market
Global Wireless Speaker Market overview:
BusinessIndustryReports have new report spread across 96 pages is an overview of the Global Wireless Speaker Market Report 2020. The Global Wireless Speaker Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
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Driving the market is the increased preference for portable speakers. This is mainly because wireless speakers come at affordable prices and are convenient to use. In addition, increasing smartphone penetration has led to an increase in preference for swift functionality in the form of smart portable devices, resulting in further use of portable wireless speakers. According to a report published by Deloitte in December 2018, smart speakers--internet-connected speakers with integrated digital voice assistants--are the fastest-growing connected device category worldwide in 2019.
The Global Wireless Speaker Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Wireless Speaker Market is sub segmented into Bluetooth Technology, Wi-Fi Technology, Infrared Technology. Based on End Use Industry segment, the Wireless Speaker Market is sub segmented into Household, Commercial.
The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America is the largest market for Wireless Speaker followed by Asia-Pacific. The increasing demand from the water treatment segment coupled with the rising demand from reviving Technology industry is driving the market for Wireless Speaker in North America.
Some of the Wireless Speaker Market manufacturers involved in the market are Samsung, Sony, VIZIO, Yamaha, Altec Lansing, Apple, Bose, Harman Kardon, HMDX, IHome, ILive, ION, JBL, Klipsch, Logitech , Acquisitions and effective mergers are some of the strategies adopted by the Wireless Speaker Market manufacturers. New product launches and continuous technological innovations are the Wireless Speaker Market strategies adopted by the major players.
Latest Industry Updates:
Advanced technologies such as AI-assisted devices are an emerging trend in the global wireless speakers' market. This is mainly due to ease of use of AI-enabled wireless speakers that provide features such as voice recognition, allowing users to control the functioning of the speakers using voice commands. Wireless speakers based on AI software use cloud which offers a steady base for storage of data and enables quick access to the data. Google Home Max, Amazon Echo Dot 3rd Gen and JBL Link 10 are some wireless smart speakers with AI technology. According to Gartner, Inc
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Key Questions Answered in this Report:
1 The study provides an in-depth analysis of the global Wireless Speaker Market and current & future trends to elucidate the imminent investment pockets.
2 Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
3 Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
4 The quantitative analysis of the global market from 2016 to 2024 is provided to determine the market potential.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of HD Map in these regions, from 2013 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Table of Contents:
1 Wireless Speaker Definition
2 Global Wireless Speaker Market Major Player Share and Market Overview
3 Major Player Wireless Speaker Business Introduction
4 Global Wireless Speaker Market Segmentation (Region Level)
5 Global Wireless Speaker Market Segmentation (Product Type Level)
6 Global Wireless Speaker Market Segmentation (Industry Level)
7 Global Wireless Speaker Market Segmentation (Channel Level)
8 Wireless Speaker Market Forecast 2020-2024
9 Wireless Speaker Segmentation Type
10 Wireless Speaker Segmentation Industry
11 Wireless Speaker Cost Analysis
12 Conclusion
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