Bluetooth Speaker Market is estimated to be US$ 5.22 billion by 2030 with a CAGR of 11.5% during the forecast period

Global Bluetooth Speaker Market accounted for US$ 1.77 billion in 2020 and is estimated to be US$ 5.22 billion by 2030 and is anticipated to register a CAGR of 11.50%.  Improved wireless networking features have been implemented into all speaker categories in recent years, including sound bars, mobile docking speakers, and wall units. As a result of the improved television quality, there is a growing demand for sophisticated speakers. Furthermore, as consumer lifestyles and entertainment needs change, high-end home theatre systems are becoming more popular. As a result, subwoofer systems, in-wall speakers, and sound bars have a potential market.

The report "Global Bluetooth Speaker Market, By Charging Technology (AC Only, DC Only, AC/DC, and Wireless Charging), By Application (House, Office, Retail, Educational Institutions, and Leisure), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029’’ 

Key Highlights:

  • In 2021, In India, the Realme Cobble Bluetooth Speaker, also known as the Pocket Bluetooth Speaker, is available for purchase. The Realme Cobble Bluetooth Speaker costs Rs 1,799, but it will be available at a discounted price of Rs 1,499 for a limited time. Metal Black and Electronic Blue are the two colours available.

Analyst View:

The need for wireless connectivity in urban households has risen as the adoption of Wi-Fi-based networks has increased, as has the proliferation of connected gadgets. Furthermore, the ability of speakers to provide wireless connectivity has become a major driving force in the market. The development of smart speakers has benefited from this trend. On a global level, for example, sales of the gadgets increased by 50% between 2016-17 and 2018-19. Product innovation is one of the key drivers of market expansion. This trend is playing an important role in attracting consumer attention.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Bluetooth Speaker Market, By Charging Technology (AC Only, DC Only, AC/DC, and Wireless Charging), By Application (House, Office, Retail, Educational Institutions, and Leisure), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”

Before purchasing this report, request a sample or make an inquiry by clicking the following link: 

https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/555

Key Market Insights from the report:

Global Bluetooth Speaker Market accounted for US$ 1.77 billion in 2020 and is estimated to be US$ 5.22 billion by 2030 and is anticipated to register a CAGR of 11.50%.  The Global bluetooth speaker market has been segmented on the basis of charging technology, application, and region.

  • Based on Charging Technology, Global Bluetooth Speaker Market is segmented into Software and Hardw AC Only, DC Only, AC/DC, and Wireless Charging.
  • Based on Application, Global Bluetooth Speaker Market is segmented into House, Office, Retail, Educational Institutions, and Leisure. 
  • By Region, the Global Bluetooth Speaker Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Bluetooth Speaker Market:

Key players operating in the global bluetooth speaker market includes Sony Corporation, Koninklijke Philips N.V., Harman International Industries Inc., Bose Corporation, Shure Incorporated, Samsung Group, Beats Electronics, LG Electronics Inc., Best IT World Pvt Ltd., and JVC Kenwood corporation.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

To know more

Contact Us:

Sales

Prophecy Market Insights

  1 860 531 2701

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

OTHER RELATED REPORTS:-

https://www.prophecymarketinsights.com/market_insight/global-visible-light-communication-market-3818

https://www.prophecymarketinsights.com/market_insight/Global-Geographic-Information-System-Market-908

https://www.prophecymarketinsights.com/market_insight/Global-Transaction-Monitoring-Market-By-2407

Comments

Post a Comment

Popular posts from this blog

TV Analytics market is estimated to be US$ 13084.7 million by 2030 with a CAGR of 19.80% during the forecast period

Image
TV Analytics market   accounted for US$ 2182.00 million in 2020 and is estimated to be US$ 13084.7 million by 2030 and is anticipated to register a CAGR of 19.80%. TV analytics is a single platform that collects data from many sources such as network apps, devices, and integrated third-party CDNs to tie viewer and network activity in real-time and over time. It enables broadcasters to have a better understanding of their audience and network, allowing them to increase return on content, meet consumer requests, and improve their TV delivery network. The increased use of analytics solutions has resulted from a growing requirement to manage this data and gain relevant insights into customer behaviour and advertising preferences. Furthermore, the use of TV analytics software ensures great accuracy in terms of audience engagement. The report "Global TV Analytics Market, By Type (Cable TV, Satellite TV/ DTH, IPTV, and Over the Top (OTT)), By Application (Customer Lifetime Management, Co
Read more

5G Satellite Communication Market is estimated to be US$ 7.7 billion by 2032; Technological Advancement to Fuel Industrial Growth

Image
Satellite Communication is the use of artificial satellites that provides communication links between various points on earth and plays an important role in global telecommunications system. Role of satellite in developing 5G network is to provide low latency data and high speed to cellular towers. Internet, radio, telephone, television and military applications are examples of satellite communication. Emergence of  5G Satellite Communication  services for IoT (Internet of Things), has become the major factor in target market growth. Rising number of IoT devices and adoption of edge computing has further facilitated the target market growth. Furthermore, increasing demand for satellite communication solution from aviation industries to improve air traffic management and airline operations is expected to boost the demand for 5G Satellite Communication market over the forecast period. The report “5G Satellite Communication Market, By Orbits (LEO, MEO, and GEO), By Spectrum (L and S Band,
Read more

Social Media Analytics Market worth US$ 2.5 Billion 2020 registering a significant CAGR of 24.2% over the forecast period

Image
  Social media analytics combines monitoring, measurement, and analysis tools to uncover user sentiments, and identify key trends in the studied market. The deployment of social media analytics allows users to mine and decipher vast amount of data from various social media platforms, such as Facebook, Twitter, and Instagram, among others. It helps the companies to discover customer sentiment about brands, trends, customer concerns, and the efficacy of the organization’s marketing campaigns, as well as competitor intelligence. Social media analytics is a six step process which comprises of identification, extraction, cleaning, analyzing, visualization and interpretation. The report  " Global Social Media Analytics Market, By Mode of Deployment (On-Premise, and Cloud) By End-User Industry (Banking and Financial Services, IT and Telecommunication, Retail, Healthcare, Government Services, Media and Entertainment, Utilities, Transportation and Logistics, and Other End-User Industries
Read more