Bluetooth Speakers Market by Type, Application, Distribution Channel, Price Range, Geography, Growth and Demand Forecast, 2014–2024

Copyright © P&S Market Research Bluetooth Speakers Market Rising need for mobile infotainment systems is a key driver for growing Bluetooth speakers market globally. The rising disposable income, advancing wireless technology and rising smartphone penetration pushed the demand for Bluetooth audio devices. Bluetooth speakers provide wireless audio streaming. These devices play media from a content source (tablet, laptop, smartphone, or any Bluetooth enabled device). Most portable Bluetooth devices include a rechargeable lithium polymer battery. These speakers are portable, easy to use & carry, and install.Bluetooth speakers market Based on type, Bluetooth speakers have been classified into portable and fixed. Portable speakers recorded large volume sales globally, owing to its ergonomic design and advancement in audio technology. Also, improvement in lithium-ion battery used in portable speakers provide long playback time, which has supported the demand for these speakers. Growth of wireless connectivity and adoption of smartphones across the globe, also contributed to the increased popularity of portable Bluetooth speakers.

Copyright © P&S Market Research Bluetooth Speakers Market Furthermore, soundbars and large speakers such as JBL flip series, fall under mid-range category, priced between $ These speakers provide large output power which is suitable for small party gathering in office, or at home. While, the premium category includes speakers that offers excellent sound clarity and idle base output, which is popular among music lovers and cost more than $150. Sales of premium Bluetooth speakers expected to grow in the coming years, owing to rising disposable income of consumers and the credibility of premium speaker brands. North America held dominant share in the global Bluetooth speakers market, followed by Asia-Pacific and others. Growing number of smart homes in North American countries, majorly in the U.S. and Canada, are driving the market in the region. Bluetooth speakers with AI such as Echo by Amazon.Com Inc., Bose Bluetooth speakers with Alexa (Smart voice assistant), and Google Home are prime examples of how Bluetooth enabled speakers with wi-fi connectivity is becoming a crucial part of a smart home. These connected devices enable customers to play music from remote locations and allow multiple device connectivity at the same time.

Copyright © P&S Market Research Bluetooth Speakers Market Some of the key players operating in the global Bluetooth speakers market are Bose Corporation, Harman International Industries Inc., Apple Inc., Samsung Group, Sony Corporation, VOXX Electronics Corp., Plantronics Inc., and Beats Electronics. Request to Get the Sample market/report-samplehttps:// market/report-sample

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