Market Overview:
The global Bluetooth speakers market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable and wireless audio devices, growing trend of smart homes, and rising disposable income of consumers. In terms of type, the ordinary speakers segment is expected to hold the largest share in the global Bluetooth speakers market during the forecast period. This can be attributed to their low cost as compared to smart speakers and growing demand for portable audio devices.
Product Definition:
A Bluetooth speaker is a loudspeaker that receives audio signals wirelessly via Bluetooth from a source device, such as a smartphone, tablet, laptop or personal computer.
Ordinary Speakers:
The ordinary speakers are the ones that come along with the device. It is used to provide output power for the Bluetooth speaker. The growth factor in this segment is increasing adoption of these devices among consumers as they are cost-effective and easy to use.
Smart Speakers:
Smart speakers are electronic devices that operate as both a speaker and an intelligent Bluetooth device at the same time. They can connect to smartphones, tablets, and laptops over wireless networks. Smart speakers act as an extension to mobile devices by playing music, news from different sources such asSpotifyand YouTubeand providingother useful information through voice commands.
The global smart speaker's market was valued at USD 605 million in 2018.
Application Insights:
The indoor application segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The growth is attributed to the increasing adoption of smartphones, which has resulted in an increased number of connected users worldwide. Furthermore, a growing number of smartphone users in developed economies such as U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for music and sound reinforcement systems. The region is expected to witness a considerable growth rate over the forecast period, with U.S. being the major contributor due to technological advancements and increased adoption of smart devices in this region. Europe also held a significant share of global revenue in 2017 owing to high demand for wireless speakers from countries such as Germany, France, Italy, Spain and U.K.
Asia Pacific is anticipated to register fastest CAGR during the forecast years on account of increasing disposable income levels coupled with growing popularity of outdoor activities such as camping, trekking.
Growth Factors:
- Increasing demand for wireless audio devices
- Rising disposable income of consumers
- Proliferation of digital audio content
- Technological advancements in Bluetooth speakers
- Growing popularity of outdoor activities and events
Scope Of The Report
Report Attributes
Report Details
Report Title
Bluetooth Speakers Sales Market Research Report
By Type
Ordinary Speakers, Smart Speakers
By Application
Indoor Bluetooth Speakers, Outdoor Bluetooth Speakers
By Companies
Samsung, Amazon, Bose, Sony, Apple, Google, Voxx International, Yamaha, Poineer, Sonos, Sennheiser, Logitech, Philips, Incipio Group, Altec Lansing (Infinity Group), DEI Holdings, LG, Panasonic, Creative, Anker, Scosche, iSound, Fugoo, HMDX Audio, Urbanista, Doss, Alibaba, Xiaomi, Baidu, DingDong, Edifier, Sage Human Electronics International Co, Huawei, HiVi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Bluetooth Speakers Sales Market Report Segments:
The global Bluetooth Speakers Sales market is segmented on the basis of:
Types
Ordinary Speakers, Smart Speakers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Indoor Bluetooth Speakers, Outdoor Bluetooth Speakers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- Amazon
- Bose
- Sony
- Apple
- Voxx International
- Yamaha
- Poineer
- Sonos
- Sennheiser
- Logitech
- Philips
- Incipio Group
- Altec Lansing (Infinity Group)
- DEI Holdings
- LG
- Panasonic
- Creative
- Anker
- Scosche
- iSound
- Fugoo
- HMDX Audio
- Urbanista
- Doss
- Alibaba
- Xiaomi
- Baidu
- DingDong
- Edifier
- Sage Human Electronics International Co
- Huawei
- HiVi
Highlights of The Bluetooth Speakers Sales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary Speakers
- Smart Speakers
- By Application:
- Indoor Bluetooth Speakers
- Outdoor Bluetooth Speakers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bluetooth Speakers Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bluetooth speakers sales are the sales of Bluetooth speakers, which are small audio devices that allow users to listen to music and other audio content wirelessly from a mobile device or other electronic equipment.
Some of the major companies in the bluetooth speakers sales market are Samsung, Amazon, Bose, Sony, Apple, Google, Voxx International, Yamaha, Poineer, Sonos, Sennheiser, Logitech, Philips, Incipio Group, Altec Lansing (Infinity Group), DEI Holdings, LG, Panasonic, Creative, Anker, Scosche, iSound, Fugoo, HMDX Audio, Urbanista, Doss, Alibaba, Xiaomi, Baidu, DingDong, Edifier, Sage Human Electronics International Co, Huawei, HiVi.
The bluetooth speakers sales market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bluetooth Speakers Sales Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bluetooth Speakers Sales Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bluetooth Speakers Sales Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bluetooth Speakers Sales Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bluetooth Speakers Sales Market Size & Forecast, 2018-2028 4.5.1 Bluetooth Speakers Sales Market Size and Y-o-Y Growth 4.5.2 Bluetooth Speakers Sales Market Absolute $ Opportunity
Chapter 5 Global Bluetooth Speakers Sales Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bluetooth Speakers Sales Market Size Forecast by Type
5.2.1 Ordinary Speakers
5.2.2 Smart Speakers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bluetooth Speakers Sales Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bluetooth Speakers Sales Market Size Forecast by Applications
6.2.1 Indoor Bluetooth Speakers
6.2.2 Outdoor Bluetooth Speakers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bluetooth Speakers Sales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bluetooth Speakers Sales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bluetooth Speakers Sales Analysis and Forecast
9.1 Introduction
9.2 North America Bluetooth Speakers Sales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bluetooth Speakers Sales Market Size Forecast by Type
9.6.1 Ordinary Speakers
9.6.2 Smart Speakers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bluetooth Speakers Sales Market Size Forecast by Applications
9.10.1 Indoor Bluetooth Speakers
9.10.2 Outdoor Bluetooth Speakers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bluetooth Speakers Sales Analysis and Forecast
10.1 Introduction
10.2 Europe Bluetooth Speakers Sales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bluetooth Speakers Sales Market Size Forecast by Type
10.6.1 Ordinary Speakers
10.6.2 Smart Speakers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bluetooth Speakers Sales Market Size Forecast by Applications
10.10.1 Indoor Bluetooth Speakers
10.10.2 Outdoor Bluetooth Speakers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bluetooth Speakers Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bluetooth Speakers Sales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bluetooth Speakers Sales Market Size Forecast by Type
11.6.1 Ordinary Speakers
11.6.2 Smart Speakers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bluetooth Speakers Sales Market Size Forecast by Applications
11.10.1 Indoor Bluetooth Speakers
11.10.2 Outdoor Bluetooth Speakers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bluetooth Speakers Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America Bluetooth Speakers Sales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bluetooth Speakers Sales Market Size Forecast by Type
12.6.1 Ordinary Speakers
12.6.2 Smart Speakers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bluetooth Speakers Sales Market Size Forecast by Applications
12.10.1 Indoor Bluetooth Speakers
12.10.2 Outdoor Bluetooth Speakers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bluetooth Speakers Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bluetooth Speakers Sales Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bluetooth Speakers Sales Market Size Forecast by Type
13.6.1 Ordinary Speakers
13.6.2 Smart Speakers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bluetooth Speakers Sales Market Size Forecast by Applications
13.10.1 Indoor Bluetooth Speakers
13.10.2 Outdoor Bluetooth Speakers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bluetooth Speakers Sales Market: Competitive Dashboard
14.2 Global Bluetooth Speakers Sales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Amazon
14.3.3 Bose
14.3.4 Sony
14.3.5 Apple
14.3.6 Google
14.3.7 Voxx International
14.3.8 Yamaha
14.3.9 Poineer
14.3.10 Sonos
14.3.11 Sennheiser
14.3.12 Logitech
14.3.13 Philips
14.3.14 Incipio Group
14.3.15 Altec Lansing (Infinity Group)
14.3.16 DEI Holdings
14.3.17 LG
14.3.18 Panasonic
14.3.19 Creative
14.3.20 Anker
14.3.21 Scosche
14.3.22 iSound
14.3.23 Fugoo
14.3.24 HMDX Audio
14.3.25 Urbanista
14.3.26 Doss
14.3.27 Alibaba
14.3.28 Xiaomi
14.3.29 Baidu
14.3.30 DingDong
14.3.31 Edifier
14.3.32 Sage Human Electronics International Co
14.3.33 Huawei
14.3.34 HiVi