Press release
Portable Bluetooth Speakers Market 2021 expected to reach US$ 8,530 Million with 9.9% CAGR Forecast to 2025
Portable Bluetooth Speakers Market 2021-2025
New Study Reports " Portable Bluetooth Speakers Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2025" has been Added on PersistenceMarketResearch.
Report Details:
By the end of 2025, the global portable Bluetooth speakers market is anticipated to bring in more than US$ 8.5 Bn in revenues, registering a value CAGR of 9.9%.
Handiness of speakers is a top buying criteria among consumers from around the world, especially in countries such as Brazil and Mexico. A latest study published by Persistence Market Research cites that high-on-convenience factor is driving the sales of portable Bluetooth speakers in Latin America.
Portable Bluetooth speakers are suitable for outdoor use, making them a hit among outdoorsy Latin Americans. Proliferation of wireless technologies, coupled with increasing penetration of smartphones & other smart devices, in Latin America is also expected to drive the demand for portable Bluetooth speakers. Through 2025, sales of portable Bluetooth speakers in Latin America are expected to soar rapidly, recording revenue growth at a speedy CAGR of 10.4%.
Request for Free Sample Report of “Portable Bluetooth Speakers” Market @https://www.persistencemarketresearch.com/samples/16714
The report predicts that Latin America will be fastest-growing region in the global market for portable Bluetooth speakers. In 2017, the global portable Bluetooth speakers market is pegged to reach an estimated US$ 4 Bn value. Changing taste of music listeners will play a pivotal role in boosting the sales of portable Bluetooth speakers across the globe.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Beats Electronics, Bose Corporation, Harman International Industries, Yamaha Corporation, Sony Corporation, JVCKENWOOD Corporation, Logitech International S.A, LG Electronics Inc., Samsung Electronics, Panasonic Corporation and Sound United. Other participants in the global portable Bluetooth speakers market are Plantronics Inc., Pioneer Corporation, Altec Lansing, Intex Technologies and Braven LC and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Portable Bluetooth Speakers.
Factors Influencing the Sales of Portable Bluetooth Speakers
The report has assessed multiple indicators slated to impact the market’s growth in the years to come. Among these, following factors are expected to have greater impact on global sales of portable Bluetooth speakers:
Vast subscriber base for cloud-hosted music streaming services
Rising presence of wireless broadcast & streaming services
Increasing disposable incomes of consumers, particularly among young and urban demographics
Compatibility of portable Bluetooth speakers in connecting with multiple smart devices, (in some instances, simultaneously)
Advancements in audio technology, and popularity of devices such as wireless headphones, dual-tone microphones, and sound bars
The report has projected that demand for portable Bluetooth speakers in premium price range is gaining traction, particularly due to product credibility associated with premium speaker brands. In 2017, majority of portable Bluetooth speakers were used for outdoor and indoor purposes, revenues from which accounted for nearly 50% share on global market.
High demand for portable Bluetooth speakers among car users is also expected to drive the market’s growth in the long run. The report also projects that organized retail stores will be largest sales channel for portable Bluetooth speakers, accounting for more than 40% revenue share. However, steadfast emergence & penetration of e-commerce will render a boost in online sales of portable Bluetooth speakers through 2025.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Portable Bluetooth Speakers Market Manufacturers
Portable Bluetooth Speakers Market Distributors/Traders/Wholesalers
Portable Bluetooth Speakers Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Complete Report Details@https://www.persistencemarketresearch.com/market-research/portable-bluetooth-speakers-market.asp
Major Highlights of the Portable Bluetooth Speakers Market Report:
The Portable Bluetooth Speakers Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Portable Bluetooth Speakers Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Click Here to Buy this Report@https://www.persistencemarketresearch.com/checkout/16714
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Portable Bluetooth Speakers Market 2021 expected to reach US$ 8,530 Million with 9.9% CAGR Forecast to 2025 here
News-ID: 2502385 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Bluetooth
Bluetooth Stereo Headset Market
Bluetooth Stereo Headset Market Overview
For computer or other audio applications, where the sources offer two-channel output, stereo headsets are the norm; use of a headset instead of headphones allows use for communications (usually monaural) in addition to listening to stereo sources. Virtual surround headsets feature ear cups that cover the entire ear.
This report provides a deep insight into the global Bluetooth Stereo Headset market covering all its essential aspects. This…
Advancements In Bluetooth Technology In The Stereo Bluetooth Earbuds Market Tren …
Which drivers are expected to have the greatest impact on the over the stereo bluetooth earbuds market's growth?
The rise in the work-from-home model is anticipated to fuel the expansion of the stereo bluetooth earbuds market. This model allows individuals to carry out their employment responsibilities remotely, often from their homes, rather than having to travel to a physical workspace. Various reasons, such as cost reductions, health benefits, and pandemic-driven factors,…
Key Bluetooth Low Energy Devices Market Trend for 2025-2034: Innovative Bluetoot …
What Is the Future Outlook for the Bluetooth Low Energy Devices Market's Size and Growth Rate?
The market size for bluetooth low energy devices has experienced robust growth in the past few years. This market is predicted to expand from $23.8 billion in 2024 to $25.01 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. The previously observed growth can be credited to the rise in Internet of…
Bluetooth Modules Market Report 2018: Segmentation by Type (Bluetooth Low Energy …
Global Bluetooth Modules market research report provides company profile for Texas Instruments, Fujitsu, Hosiden, STMicroelectronics, Laird, Taiyo Yuden, Murata, Qualcomm, Intel, Broadcom, Panasonic and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report…
COSEC Bluetooth based Access Control
Mobile phones have integrated as an essential element in our day-to-day life. Presently, along with swift communication, it is tremendously used for Payment of Bills, E-commerce Shopping, Health Monitoring, GPS Navigation and more. A similar progressive trend is observed with access control, which initiated with RFID Cards, then expanded with biometrics and now it is being enhanced with advanced mobile credentials like Bluetooth.
Matrix offers gesture based identification of users.…
Global Bluetooth in Automotive Market
Bluetooth in Automotive Market: Introduction
Bluetooth is a technology in which wireless exchange of data from two devices (mobile and fixed) takes place and is used for creating personal area networks (PAN). Bluetooth was invented by Ericsson in 1994. It can connect many devices at the same time, avoiding the synchronization issues. Bluetooth is managed by Bluetooth Special Interest Group (SIG), present in various fields namely telecommunication, computing & networking and…
