Global Bluetooth Speaker Market Research and Upcoming Forecast Report
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description and Highlights Report Description Bluetooth Speaker Market Outlook 2026:
According to the latest report by IMARC Group, titled “Bluetooth Speaker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global Bluetooth speaker market size reached US$ 8.4 Billion in 2020. Bluetooth speakers refer to a wireless audio device used for streaming audio content. They receive digital audio via Bluetooth wireless transmission, amplify and convert it into high-quality sound. They can be easily connected with other Bluetooth-enabled devices like smartphones, laptops and tablets. Unlike conventional speakers, Bluetooth speakers offer numerous advantages, including minimal space requirement, optimum functionality and durability, excellent compatibility, low maintenance, and convenience for outdoor applications. As a result, both portable and fixed Bluetooth speakers have gained traction across the globe. Request for a PDF sample of this report: https:// www.imarcgroup.com/bluetooth-speaker-market/requestsample
Report Description and Highlights
Report Description
Global Bluetooth Speaker Market Trends:
The excellent compatibility of Bluetooth speakers with other consumer electronic devices represents the primary factor driving the market growth. Additionally, several product innovations and shifting consumer preferences toward lightweight, portable and compact speakers over traditional wired speakers have escalated the product demand. Besides this, the growing usage of audio and video streaming platforms and increasing penetration of smartphones, high-speed internet, and the internet of things (IoT)-based devices have catalyzed market growth. Furthermore, the development of AI-based devices, such as Alexa and Echo, and the integration of Bluetooth speakers with in-vehicle infotainment systems, home theatres, voice control systems and hands-free calling are other major growth-inducing factors. Apart from this, the emergence of smart homes and rapid adoption of smart devices due to elevating incomes and improving lifestyles have augmented the product demand. Moreover, several key players are making heavy investments in research and development (R&D) activities to develop technologically advanced products, such as Bluetooth speakers. On account of these factors, the market is projected to expand at a CAGR of around 19% during the forecast period (2021-2026).
Report Description and Highlights
Report Description Key Market Segmentation: 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
Report Description and Highlights
Report Description Breakup by Region:
•North America •Asia Pacific •Europe •Latin America •Middle East and Africa Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
Report Description and Highlights
Report Description Competitive Landscape:
•Bose Corporation •Edifier International Limited •Harman International Industries •LG Corporation •Panasonic Corporation •Polk Audio •Samsung •Sennheiser Electronic GmbH & Co.KG •Sony Corporation •boAt View Report TOC, Figures and Tables: https://www.imarcgroup.com/bluetooth-speaker-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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