Press release
With 19.1% CAGR, Bluetooth Speaker Market to Reach US$ 30.4 Billion by 2027 | Global Industry Report
Bluetooth speakers are wireless audio devices that enable users to stream high-quality audio content from various Bluetooth-enabled devices, such as smartphones, laptops, and tablets. By receiving digital audio via Bluetooth transmission, they amplify and convert the signals into high-quality sound. Compared to traditional wired speakers, they require minimal space and are portable and easy to use in different settings. They are also highly functional and durable, with excellent compatibility across various devices. Furthermore, they require low maintenance and offer convenience for outdoor applications.
𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/bluetooth-speaker-market/requestsample
Global Bluetooth Speaker Market Trends:
The global market for Bluetooth speakers is experiencing significant growth, primarily driven by the increasing product usage in the entertainment and media industry and the inflating purchasing power of consumers. Additionally, the rising demand for lightweight, compact, and portable speakers, along with the escalating adoption of advanced consumer electronics, is contributing to the market growth. Moreover, the integration of Bluetooth speakers with various systems, such as in-car infotainment and voice calling systems, and home theaters, is bolstering the market growth. Furthermore, key players in the industry are investing heavily in research and development (R&D) activities to engineer more innovative and advanced Bluetooth speakers, which, in turn, is fueling the market growth.
Bluetooth Speaker Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the bluetooth speaker has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these Key Players Include:
• Bose Corporation
• Edifier International Limited
• Harman International Industries
• LG Corporation
• Panasonic Corporation
• Polk Audio
• Samsung
• Sennheiser Electronic GmbH & Co.KG
• Sony Corporation
• boAt
Key Market Segmentation:
The report has segmented the global bluetooth speaker market on the basis of portability, type, price, distribution channel and region.
Breakup by Portability:
• Portable
• Fixed
Breakup by Type:
• Smart Bluetooth Speakers
• Conventional Bluetooth Speakers
Breakup by Price:
• Low
• Medium
• High
Breakup by Distribution Channel:
• Specialty Stores
• Supermarkets and Hypermarkets
• Departmental Stores
• Online
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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