Bluetooth Speaker Market In-depth Analysis Report, Covering Companies Like Edifier, JBL, Logitech, ViewSonic, YAMAHA, NEC

Bluetooth Speaker Market In-depth Analysis Report, Covering Companies Like Edifier, JBL, Logitech, ViewSonic, YAMAHA, NEC

Bluetooth speaker is a wireless device that containing loudspeaker and amplifier. Bluetooth speaker is compact, wireless, portable and available in replaceable and rechargeable battery models. Some Bluetooth speakers have a slot for connecting USB and memory card. It is also used for listening to the radio and also for hands free calling.

Market Snapshot

This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Bluetooth Speaker market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.

It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach 8.65%, and the total market value is expected to reach USD 11,542 million in 2026 from USD 6,457 million in 2019.

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Competitive Landscape

Major manufacturers profiled in the analysis report include Edifier, JBL, Logitech, ViewSonic, YAMAHA, NEC, Philips, Terratec, Pioneer, and BOSE.

Growth Driver

Rapid innovations and increasing R&D expenditure are fueling the growth of the Bluetooth speaker market. Changing consumer demands are propelling the growth of the Bluetooth speaker market. Also, need for portable speakers is projected to stimulate this market’s growth.

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Regional Overview

The Asia-Pacific is the largest market with a proportion of 39.72%, followed by North America and Europe, accounting for 26.39% and 21.53% respectively. Due to the growing number of smart homes in North American, North America is the largest consumer of the global Bluetooth speaker market, with annual sales of more than USD 2,297 million in 2018.

Type Overview

The type of the Bluetooth Speaker market can be divided into Single-speakers, Double-speakers, Multi-speakers, and Other.

Application Overview

Based on application, this market is divided into Personal Use, Commercial Use, and Other.

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Target Audience:

•     Bluetooth speaker manufacturers

•     Bluetooth speaker importers and exporters

•     Small and Medium-sized Enterprises (SMEs)

•     Distributors and resellers of Bluetooth speaker

•     Bluetooth speaker industry associations

•     Product managers, Bluetooth speaker industry administrator, C-level executives of the industries

•     Market Research and consulting firms

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

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