Global Bluetooth Speaker Market Overview
The global market for Bluetooth Speakers, which was valued at USD 10.92 billion in 2022, is expected to expand to USD 105.01 billion by 2030, with a CAGR of 32.7% throughout the analysis period.
Bluetooth speakers are wireless and need minimal space, as compared to home theaters. One of the primary aspects fueling global demand for Bluetooth speakers is their ability to remotely broadcast audio content. Bluetooth speakers are perfect for outdoor use because they run on batteries. Other benefits of these speakers include easy maintenance, increased durability, and good functionality, all of which will drive the global Bluetooth speakers market forward over the projection period. Multi-room streaming's increasing popularity is a trend that is projected to continue, boosting the worldwide Bluetooth speaker market's growth. Most current speakers can now broadcast audio via Bluetooth thanks to the development of networked audio equipment. Because these technologies serve to separate a system's logical and physical connections, they allow a single network to transport many channels, allowing infrastructure modifications to be made at a minimal cost and in a short amount of time. The increasing need for speakers in all spaces will propel the Bluetooth speakers industry further in the future.
Size, features, technology, and price are all factors that players in the Bluetooth speaker industry compete on. The market is characterized by a large number of well-known companies. Mergers and acquisitions are being pursued by players to expand their facilities and increase market share.
Market Overview of the Bluetooth Speaker Market:
Drivers:
In emerging nations, improving consumer living standards and disposable income have contributed to a growth in the use of modern consumer goods such as Bluetooth speakers. Various technology developments have also fueled market expansion by allowing AI-based products such as Alexa and Echo to emerge. A range of product developments has also resulted from the rapid integration of audio-based technologies with wireless communication, as well as increased spending on different R&D activities. Several manufacturers are introducing a flood of new products to expand their product portfolios and appeal to a broader audience. Furthermore, The market has grown due to the rising popularity of Bluetooth speakers among millennials, as well as the high product compatibility with other consumer electronic products, the growing use of smartphones, as well as the influx of video and music streaming apps, has increased global product demand. The demand for Bluetooth speakers has been spurred by shifting customer preferences for lighter, portable, and compact speakers over wired equipment. The increased demand for low-maintenance and battery-powered devices for outdoor applications, as well as the expanding use of Bluetooth in the audio and video business, has boosted product demand. Aside from that, the increasing integration of Bluetooth speakers with in-car infotainment systems, hands-free calling, voice control systems, home theatre, and other devices contributes to the global market's expansion.
Restraints:
The market's expansion will be hampered by intense pricing pressure on manufacturers and volatility in the price of raw materials. The availability of low-cost, low-quality products on the market, along with rising product piracy, will further stymie market growth. The lack of a solid distribution network in underserved areas, as well as competition from Bluetooth headphones and earphones, will limit the growth potential.
Opportunities:
The growing trend of establishing smart rooms and home theatres, as well as changing human lifestyles, particularly in developing nations, are driving market expansion. Increased use of networked audio devices, an increase in the number of parties, recreational activities, auctions, and other similar events, as well as raising brand recognition, will all contribute to the market's lucrative growth prospects. Other important factors bolstering the market growth rate are the increasing number of celebrity endorsements, rising penetration of e-commerce platforms, particularly in developing economies like India and China, growing expansion in call-in for electronic sections such as residence multiplexes, mobile phones, laptops, and other similar items, and the major manufacturers' increasing focus on technological advancements.
Market Segmentation
By portability, the portable Bluetooth speaker market is expected to grow at a significant CAGR during the forecast period. They are small and light, giving them a competitive advantage in the global market. These devices can also be readily configured with tablets or smartphones, resulting in a higher rate of acceptance in the residential market. Fixed models do not come with batteries and are difficult to transport. In the house, they have a permanent installation. As a result, these models limit the mobility of the equipment, limiting their market expansion. Professionals are increasingly focusing on the introduction of devices that are high on compactness and low on the inconvenience as a result of increasing advancements.
By pricing, the low-end segment is expected to register a significant Bluetooth speaker market share during the forecast period. End-users can successfully use low-cost versions for both residential and commercial needs. They are the favored option because they are convenient and easy to install. These audio gadgets are portable and provide outstanding sound quality, resulting in increased earnings. Furthermore, the cost-effectiveness of these models is likely to expand their use in the home market.
By device, the traditional market is attaining maturity in developed economies. End-users are on the lookout for new products. Furthermore, because these devices are priced low, they create revenue through bulk sales. Bluetooth speakers are widely used to share music files and to play music across the home. The market for waterproof Bluetooth speakers, on the other hand, is gaining pace in the United States and Western Europe. They are moderately priced, reflecting a trend in the market toward creative speakers in industrialized countries. Furthermore, its rising use in outdoor settings may boost the segment's growth. By 2025, North America is estimated to have shipped over 14 million units.
By end-user, the residential segment is expected to capture the maximum market share over the forecast period. Bluetooth speakers are used as home speakers in many houses. These gadgets are used to stream music from smartphones or computers. These devices are quite simple to use. Bluetooth devices' benefits, which include portability, power-saving alternatives, quick installation, high-quality sound, and seamless wireless connections, are becoming more well-known as their popularity grows. These characteristics are propelling the application in the residential sector.
Players Covered in Bluetooth Speaker market are :
- Bose Corporation Inc.
- Harman International Industries
- Altec Lansing
- Best It World Pvt. Ltd. (iBall)
- Plantronics Inc.
- JVC Kenwood Corporation
- Koninklijke Philips NV
- LG Electronics Inc.
- Logitech International SA
- Samsung Corporation
- Shure Incorporated
- Sony Corporation
Regional Analysis for the Bluetooth Speaker Market:
North America region is anticipated to register the maximum market share during the forecast period. North America is one of the largest markets in the music sector. The United States is the largest market in North America, with millennials driving the market. Music streaming services are becoming more popular in the region, which is driving up demand for speakers. Because of the rising prevalence of smartphones and other mobile devices, as well as the availability of online music and video streaming at the earliest, the United States had marked the commencement of early use of portable speakers. According to the Recording Industry Association of America, premium subscription streaming music revenue in the United States increased from USD 474 million in the first half of 2015 to USD 3300 million in the first half of 2019, making it the most in the world.
The Asia Pacific area's quickest growth can be ascribed to increased smartphone penetration in countries like India and China, which is driving demand for Bluetooth speakers in the region. According to the Ministry of Electronics and Information Technology Government of India's article 'India's Trillion Dollar Digital Opportunity,' smartphone penetration in India has quadrupled from 5.5 per 100 people in 2013 to 26.2 in 2018. Additionally, rising population affluence and the rate of urbanization are propelling the industry forward. The sale of audio devices is predicted to rise as a result of the availability of low-cost cellphones, greater disposable income, and increased purchasing power of the middle-class population, particularly in emerging nations. In the APAC area, several unique regionally focused music streaming platforms are seeing a considerable increase in demand.
The European region is predicted to see a growth in per capita disposable income, which will fuel demand for a variety of electronic gadgets among professionals and homeowners. Digitalization is projected to have a favorable impact on Europe. In the region, the concept of video streaming on social media is gaining traction. The streaming music industry is expected to grow in response to rising internet and Wi-Fi adoption.
Key Industry Development in the Bluetooth Speaker Market:
- In August 2020, Killer Concepts, electronic accessories, and devices product provider launched ROCKsteady Stadium, a portable, AI-enabled Bluetooth speaker where users can hear the musical sounds with its original clarity.
- In June 2020, LG Electronics Inc. launched the XBOOM Go Portable Speaker line-up with its LG XBOOM Go PL Series enabled with meridian's advanced audio technology to provide premium quality sound speakers to the consumers in the USA.
- In May 2019 - Sony Corporation launched its first Bluetooth speakers focused on outdoor usage. The speaker, Sony GTK-PG10, offers 13 hours of battery backup and is equipped with The DSP (Digital Signal Processor) that auto-adjusts the sound based on its surroundings and weighs around 6.7 kg.
COVID-19 Impact on the Bluetooth Speaker Market:
COVID- The outbreak of 19 diseases in 2020 has caused major disruptions in a variety of industries. Several government-imposed lockdowns to stop the coronavirus from spreading. Transportation of raw materials, components, and digital equipment essential for the manufacture of speakers was also restricted. Non-essential sectors, such as speaker manufacturing factories, were subjected to restrictions, which had a severe influence on speaker output and sales. Furthermore, the lack of labor in manufacturing plants, the closure of retail stores, and the fall in logistical operations have all hampered market expansion. Because of rising living costs and economic uncertainties, consumers would cut down on non-essential purchases, causing the Bluetooth speaker market to recover slowly throughout the projected period. The COVID-19 epidemic has had a significant impact on the Bluetooth speaker market. There are major disruptions in demand for Bluetooth speakers across several end-use industries, with a global impact on Bluetooth speaker manufacturing and manufacturers. The global electronic industry has been impacted by the pandemic. The electronic industry suffered a significant loss as a result of the COVID-19 outbreak. Because of the COVID-19, most major firms are concentrating on a variety of efforts, including product innovation, strategic relationships, and the launch of innovative technologies. Furthermore, as a result of the COVID-19 pandemic and dwindling import and export activity. As a result of this feature, large firms have been able to invest extensively in exploratory activities to increase demand from diverse application industries.
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Global Bluetooth Speaker Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
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Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 10.92 Bn. |
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Forecast Period 2023-30 CAGR: |
32.7% |
Market Size in 2030: |
USD 105.01 Bn. |
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Segments Covered: |
By Portability |
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By Pricing |
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By Device |
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By End-Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Portability
3.2 By Pricing
3.3 By Device
3.4 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Bluetooth Speaker Market by Portability
5.1 Bluetooth Speaker Market Overview Snapshot and Growth Engine
5.2 Bluetooth Speaker Market Overview
5.3 Fixed
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Fixed: Grographic Segmentation
5.4 Portable
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Portable: Grographic Segmentation
Chapter 6: Bluetooth Speaker Market by Pricing
6.1 Bluetooth Speaker Market Overview Snapshot and Growth Engine
6.2 Bluetooth Speaker Market Overview
6.3 Low-End
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Low-End: Grographic Segmentation
6.4 Medium-Range
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Medium-Range: Grographic Segmentation
6.5 Premium Range
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Premium Range: Grographic Segmentation
Chapter 7: Bluetooth Speaker Market by Device
7.1 Bluetooth Speaker Market Overview Snapshot and Growth Engine
7.2 Bluetooth Speaker Market Overview
7.3 Waterproof
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Waterproof: Grographic Segmentation
7.4 Traditional
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Traditional: Grographic Segmentation
7.5 Rugged
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Rugged: Grographic Segmentation
Chapter 8: Bluetooth Speaker Market by End User
8.1 Bluetooth Speaker Market Overview Snapshot and Growth Engine
8.2 Bluetooth Speaker Market Overview
8.3 Residential
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2016-2028F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Residential: Grographic Segmentation
8.4 Commercial
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2016-2028F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Commercial: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Bluetooth Speaker Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Ansoff Matrix
9.1.5 Bluetooth Speaker Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Bluetooth Speaker Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 BOSE CORPORATION INC.
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 HARMAN INTERNATIONAL INDUSTRIES
9.4 ALTEC LANSING
9.5 BEST IT WORLD PVT. LTD. (IBALL)
9.6 PLANTRONICS INC.
9.7 JVC KENWOOD CORPORATION
9.8 KONINKLIJKE PHILIPS NV
9.9 LG ELECTRONICS INC.
9.10 LOGITECH INTERNATIONAL SA
9.11 SAMSUNG CORPORATION
9.12 SHURE INCORPORATED
9.13 SONY CORPORATION
9.14 OTHER MAJOR PLAYERS
Chapter 10: Global Bluetooth Speaker Market Analysis, Insights and Forecast, 2016-2028
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Portability
10.2.1 Fixed
10.2.2 Portable
10.3 Historic and Forecasted Market Size By Pricing
10.3.1 Low-End
10.3.2 Medium-Range
10.3.3 Premium Range
10.4 Historic and Forecasted Market Size By Device
10.4.1 Waterproof
10.4.2 Traditional
10.4.3 Rugged
10.5 Historic and Forecasted Market Size By End User
10.5.1 Residential
10.5.2 Commercial
Chapter 11: North America Bluetooth Speaker Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Portability
11.4.1 Fixed
11.4.2 Portable
11.5 Historic and Forecasted Market Size By Pricing
11.5.1 Low-End
11.5.2 Medium-Range
11.5.3 Premium Range
11.6 Historic and Forecasted Market Size By Device
11.6.1 Waterproof
11.6.2 Traditional
11.6.3 Rugged
11.7 Historic and Forecasted Market Size By End User
11.7.1 Residential
11.7.2 Commercial
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Bluetooth Speaker Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Portability
12.4.1 Fixed
12.4.2 Portable
12.5 Historic and Forecasted Market Size By Pricing
12.5.1 Low-End
12.5.2 Medium-Range
12.5.3 Premium Range
12.6 Historic and Forecasted Market Size By Device
12.6.1 Waterproof
12.6.2 Traditional
12.6.3 Rugged
12.7 Historic and Forecasted Market Size By End User
12.7.1 Residential
12.7.2 Commercial
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Bluetooth Speaker Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Portability
13.4.1 Fixed
13.4.2 Portable
13.5 Historic and Forecasted Market Size By Pricing
13.5.1 Low-End
13.5.2 Medium-Range
13.5.3 Premium Range
13.6 Historic and Forecasted Market Size By Device
13.6.1 Waterproof
13.6.2 Traditional
13.6.3 Rugged
13.7 Historic and Forecasted Market Size By End User
13.7.1 Residential
13.7.2 Commercial
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Bluetooth Speaker Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Portability
14.4.1 Fixed
14.4.2 Portable
14.5 Historic and Forecasted Market Size By Pricing
14.5.1 Low-End
14.5.2 Medium-Range
14.5.3 Premium Range
14.6 Historic and Forecasted Market Size By Device
14.6.1 Waterproof
14.6.2 Traditional
14.6.3 Rugged
14.7 Historic and Forecasted Market Size By End User
14.7.1 Residential
14.7.2 Commercial
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Bluetooth Speaker Market Analysis, Insights and Forecast, 2016-2028
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Portability
15.4.1 Fixed
15.4.2 Portable
15.5 Historic and Forecasted Market Size By Pricing
15.5.1 Low-End
15.5.2 Medium-Range
15.5.3 Premium Range
15.6 Historic and Forecasted Market Size By Device
15.6.1 Waterproof
15.6.2 Traditional
15.6.3 Rugged
15.7 Historic and Forecasted Market Size By End User
15.7.1 Residential
15.7.2 Commercial
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
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Global Bluetooth Speaker Market |
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|
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
|
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 10.92 Bn. |
|
Forecast Period 2023-30 CAGR: |
32.7% |
Market Size in 2030: |
USD 105.01 Bn. |
|
Segments Covered: |
By Portability |
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|
|
By Pricing |
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||
|
By Device |
|
||
|
By End-Users |
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||
|
By Region |
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||
|
Key Market Drivers: |
|
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BLUETOOTH SPEAKER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BLUETOOTH SPEAKER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BLUETOOTH SPEAKER MARKET COMPETITIVE RIVALRY
TABLE 005. BLUETOOTH SPEAKER MARKET THREAT OF NEW ENTRANTS
TABLE 006. BLUETOOTH SPEAKER MARKET THREAT OF SUBSTITUTES
TABLE 007. BLUETOOTH SPEAKER MARKET BY PORTABILITY
TABLE 008. FIXED MARKET OVERVIEW (2016-2028)
TABLE 009. PORTABLE MARKET OVERVIEW (2016-2028)
TABLE 010. BLUETOOTH SPEAKER MARKET BY PRICING
TABLE 011. LOW-END MARKET OVERVIEW (2016-2028)
TABLE 012. MEDIUM-RANGE MARKET OVERVIEW (2016-2028)
TABLE 013. PREMIUM RANGE MARKET OVERVIEW (2016-2028)
TABLE 014. BLUETOOTH SPEAKER MARKET BY DEVICE
TABLE 015. WATERPROOF MARKET OVERVIEW (2016-2028)
TABLE 016. TRADITIONAL MARKET OVERVIEW (2016-2028)
TABLE 017. RUGGED MARKET OVERVIEW (2016-2028)
TABLE 018. BLUETOOTH SPEAKER MARKET BY END USER
TABLE 019. RESIDENTIAL MARKET OVERVIEW (2016-2028)
TABLE 020. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 021. NORTH AMERICA BLUETOOTH SPEAKER MARKET, BY PORTABILITY (2016-2028)
TABLE 022. NORTH AMERICA BLUETOOTH SPEAKER MARKET, BY PRICING (2016-2028)
TABLE 023. NORTH AMERICA BLUETOOTH SPEAKER MARKET, BY DEVICE (2016-2028)
TABLE 024. NORTH AMERICA BLUETOOTH SPEAKER MARKET, BY END USER (2016-2028)
TABLE 025. N BLUETOOTH SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 026. EUROPE BLUETOOTH SPEAKER MARKET, BY PORTABILITY (2016-2028)
TABLE 027. EUROPE BLUETOOTH SPEAKER MARKET, BY PRICING (2016-2028)
TABLE 028. EUROPE BLUETOOTH SPEAKER MARKET, BY DEVICE (2016-2028)
TABLE 029. EUROPE BLUETOOTH SPEAKER MARKET, BY END USER (2016-2028)
TABLE 030. BLUETOOTH SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 031. ASIA PACIFIC BLUETOOTH SPEAKER MARKET, BY PORTABILITY (2016-2028)
TABLE 032. ASIA PACIFIC BLUETOOTH SPEAKER MARKET, BY PRICING (2016-2028)
TABLE 033. ASIA PACIFIC BLUETOOTH SPEAKER MARKET, BY DEVICE (2016-2028)
TABLE 034. ASIA PACIFIC BLUETOOTH SPEAKER MARKET, BY END USER (2016-2028)
TABLE 035. BLUETOOTH SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA BLUETOOTH SPEAKER MARKET, BY PORTABILITY (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA BLUETOOTH SPEAKER MARKET, BY PRICING (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA BLUETOOTH SPEAKER MARKET, BY DEVICE (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA BLUETOOTH SPEAKER MARKET, BY END USER (2016-2028)
TABLE 040. BLUETOOTH SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 041. SOUTH AMERICA BLUETOOTH SPEAKER MARKET, BY PORTABILITY (2016-2028)
TABLE 042. SOUTH AMERICA BLUETOOTH SPEAKER MARKET, BY PRICING (2016-2028)
TABLE 043. SOUTH AMERICA BLUETOOTH SPEAKER MARKET, BY DEVICE (2016-2028)
TABLE 044. SOUTH AMERICA BLUETOOTH SPEAKER MARKET, BY END USER (2016-2028)
TABLE 045. BLUETOOTH SPEAKER MARKET, BY COUNTRY (2016-2028)
TABLE 046. BOSE CORPORATION INC.: SNAPSHOT
TABLE 047. BOSE CORPORATION INC.: BUSINESS PERFORMANCE
TABLE 048. BOSE CORPORATION INC.: PRODUCT PORTFOLIO
TABLE 049. BOSE CORPORATION INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. HARMAN INTERNATIONAL INDUSTRIES: SNAPSHOT
TABLE 050. HARMAN INTERNATIONAL INDUSTRIES: BUSINESS PERFORMANCE
TABLE 051. HARMAN INTERNATIONAL INDUSTRIES: PRODUCT PORTFOLIO
TABLE 052. HARMAN INTERNATIONAL INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. ALTEC LANSING: SNAPSHOT
TABLE 053. ALTEC LANSING: BUSINESS PERFORMANCE
TABLE 054. ALTEC LANSING: PRODUCT PORTFOLIO
TABLE 055. ALTEC LANSING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. BEST IT WORLD PVT. LTD. (IBALL): SNAPSHOT
TABLE 056. BEST IT WORLD PVT. LTD. (IBALL): BUSINESS PERFORMANCE
TABLE 057. BEST IT WORLD PVT. LTD. (IBALL): PRODUCT PORTFOLIO
TABLE 058. BEST IT WORLD PVT. LTD. (IBALL): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. PLANTRONICS INC.: SNAPSHOT
TABLE 059. PLANTRONICS INC.: BUSINESS PERFORMANCE
TABLE 060. PLANTRONICS INC.: PRODUCT PORTFOLIO
TABLE 061. PLANTRONICS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. JVC KENWOOD CORPORATION: SNAPSHOT
TABLE 062. JVC KENWOOD CORPORATION: BUSINESS PERFORMANCE
TABLE 063. JVC KENWOOD CORPORATION: PRODUCT PORTFOLIO
TABLE 064. JVC KENWOOD CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. KONINKLIJKE PHILIPS NV: SNAPSHOT
TABLE 065. KONINKLIJKE PHILIPS NV: BUSINESS PERFORMANCE
TABLE 066. KONINKLIJKE PHILIPS NV: PRODUCT PORTFOLIO
TABLE 067. KONINKLIJKE PHILIPS NV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. LG ELECTRONICS INC.: SNAPSHOT
TABLE 068. LG ELECTRONICS INC.: BUSINESS PERFORMANCE
TABLE 069. LG ELECTRONICS INC.: PRODUCT PORTFOLIO
TABLE 070. LG ELECTRONICS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. LOGITECH INTERNATIONAL SA: SNAPSHOT
TABLE 071. LOGITECH INTERNATIONAL SA: BUSINESS PERFORMANCE
TABLE 072. LOGITECH INTERNATIONAL SA: PRODUCT PORTFOLIO
TABLE 073. LOGITECH INTERNATIONAL SA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. SAMSUNG CORPORATION: SNAPSHOT
TABLE 074. SAMSUNG CORPORATION: BUSINESS PERFORMANCE
TABLE 075. SAMSUNG CORPORATION: PRODUCT PORTFOLIO
TABLE 076. SAMSUNG CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. SHURE INCORPORATED: SNAPSHOT
TABLE 077. SHURE INCORPORATED: BUSINESS PERFORMANCE
TABLE 078. SHURE INCORPORATED: PRODUCT PORTFOLIO
TABLE 079. SHURE INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. SONY CORPORATION: SNAPSHOT
TABLE 080. SONY CORPORATION: BUSINESS PERFORMANCE
TABLE 081. SONY CORPORATION: PRODUCT PORTFOLIO
TABLE 082. SONY CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 083. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 084. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 085. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BLUETOOTH SPEAKER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BLUETOOTH SPEAKER MARKET OVERVIEW BY PORTABILITY
FIGURE 012. FIXED MARKET OVERVIEW (2016-2028)
FIGURE 013. PORTABLE MARKET OVERVIEW (2016-2028)
FIGURE 014. BLUETOOTH SPEAKER MARKET OVERVIEW BY PRICING
FIGURE 015. LOW-END MARKET OVERVIEW (2016-2028)
FIGURE 016. MEDIUM-RANGE MARKET OVERVIEW (2016-2028)
FIGURE 017. PREMIUM RANGE MARKET OVERVIEW (2016-2028)
FIGURE 018. BLUETOOTH SPEAKER MARKET OVERVIEW BY DEVICE
FIGURE 019. WATERPROOF MARKET OVERVIEW (2016-2028)
FIGURE 020. TRADITIONAL MARKET OVERVIEW (2016-2028)
FIGURE 021. RUGGED MARKET OVERVIEW (2016-2028)
FIGURE 022. BLUETOOTH SPEAKER MARKET OVERVIEW BY END USER
FIGURE 023. RESIDENTIAL MARKET OVERVIEW (2016-2028)
FIGURE 024. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 025. NORTH AMERICA BLUETOOTH SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. EUROPE BLUETOOTH SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. ASIA PACIFIC BLUETOOTH SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. MIDDLE EAST & AFRICA BLUETOOTH SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. SOUTH AMERICA BLUETOOTH SPEAKER MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Bluetooth Speaker Market research report is 2023-2030.
Bose Corporation Inc., Harman International Industries, Altec Lansing, Best It World Pvt. Ltd. (iBall), Plantronics Inc., JVC Kenwood Corporation, Koninklijke Philips NV, LG Electronics Inc., Logitech International SA, Samsung Corporation, Shure Incorporated, Sony Corporation, and other major players.
The Bluetooth Speaker Market is segmented into Portability, Pricing, Device, End-Users, and region. By Portability, the market is categorized into Fixed, Portable. By Pricing, the market is categorized into Low-End, Medium-Range, and Premium Range. By Device, the market is categorized into Waterproof, Traditional, and Rugged. By End-User, the market is categorized into Residential, Commercial. By region, it is analyzed across 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.).
Bluetooth speakers are wireless and need minimal space, as compared to home theaters. One of the primary aspects fueling global demand for Bluetooth speakers is their ability to remotely broadcast audio content. Bluetooth speakers are perfect for outdoor use because they run on batteries. Other benefits of these speakers include easy maintenance, increased durability, and good functionality, all of which will drive the global Bluetooth speakers market forward over the projection period.
The global market for Bluetooth Speakers, which was valued at USD 10.92 billion in 2022, is expected to expand to USD 105.01 billion by 2030, with a CAGR of 32.7% throughout the analysis period.
