PUBLISHER: TechNavio | PRODUCT CODE: 1515984
PUBLISHER: TechNavio | PRODUCT CODE: 1515984
The bluetooth speaker market is forecasted to grow by USD 10285 mn during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the bluetooth speaker market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of smart speakers, growing penetration of smart homes, and popularity of wireless streaming of audio content.
Technavio's bluetooth speaker market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.42% |
CAGR | 9.45% |
Incremental Value | $10285mn |
By Product
By Distribution Channel
By Geographical Landscape
This study identifies the increasing popularity of voice commerce as one of the prime reasons driving the bluetooth speaker market growth during the next few years. Also, advent of cloud-hosted music streaming services and focus on ai-ready speakers will lead to sizable demand in the market.
The report on the bluetooth speaker market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bluetooth speaker market vendors that include Altec Lansing Inc., Amazon.com Inc., Apple Inc., Best IT World India Pvt. Ltd., Bose Corp., Imagine Marketing Pvt. Ltd., inMusic Brands Inc., Koninklijke Philips N.V., Kunhar Peripherals Pvt Ltd., Lenovo Group Ltd., LG Electronics Inc., Logitech International SA, Onkyo Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Sharp Corp., Skullcandy Inc., Sony Group Corp., SoundBot, and Zebronics India Pvt. Ltd.. Also, the bluetooth speaker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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