Global Portable Bluetooth Speakers Market: Overview
Bluetooth speakers offer wireless streaming audio. These gadgets are allowed to play media from a source of content (laptop, tablet, any Bluetooth enabled device including smartphone). Most portable Bluetooth gadgets comprise a rechargeable battery of lithium polymer. Among the wireless portable devices, class D amplifiers are employed extensively due to their relatively low cost and high efficiency. The input signal arrives straightly from the pin-outs in a wireless Bluetooth audio device on the Bluetooth module. Bluetooth speakers are employed to listen to songs. Bluetooth speakers operate on wireless tech, which permits the consumer to receive and send data and files without needing wire. The Bluetooth speakers are portable and easy to carry, use, and install.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Portable Bluetooth Speakers Market: Growth Factors
The increasing demand for infotainment offerings, rising requirement for mobility, development in global population, and improvements in technologies are some of the growth factors of the global portable Bluetooth speakers market. The less consumption of power by speakers integrated with the Bluetooth feature is also boosting the development of the global portable Bluetooth speakers market. The speaker models integrated with AA batteries eat up less power. Lower consumption of the power indicates that less damage is put on the battery. The development in wireless technology, rising user awareness, and increasing penetration of handsets has also amplified the requirement of Bluetooth audio devices. These gadgets are receiving speed in the automobile segment, as they offer drivers of the car an alternative to take calls and drive at the same time. In addition to this, the high portability of Bluetooth devices makes them very convenient to employ powering the global portable Bluetooth speakers market.
On the other hand, the high cost of maintenance is the main reason that is hindering the global portable Bluetooth speakers market.
Global Portable Bluetooth Speakers Market: Segmentation
Based on the application, the global portable Bluetooth speakers market is classified into offices, homes, educational, retail, leisure, institutions, and other.
On the basis of charging technology, the global portable Bluetooth speakers market is divided into AC-only, AC/DC, and DC-only.
Global Portable Bluetooth Speakers Market: Regional Analysis
There are huge opportunities in the global portable Bluetooth speakers market for providers of portable Bluetooth speaker device in untapped rural regions. As per the UN, Asia and Africa accounted for almost most of the global portable Bluetooth speakers market. The rural markets in these areas have great potential and form the end of the pyramid for 2 major countries in the world. So as to target these areas, makers can reduce the cost of goods, thereby branching out their user base as these cost-sensitive markets affecting the global portable Bluetooth speakers market.
Global Portable Bluetooth Speakers Market: Competitive Players
Some of the major companies ruling the global portable Bluetooth speakers market are Harman International Industries Inc., Bose Corporation, SAMSUNG, Apple Inc., VOXX Electronics Corp., Sony Corporation, and Plantronics Inc.
Global Portable Bluetooth Speakers Market: Regional Segment Analysis
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