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Global Portable Bluetooth Speakers Market to be Driven by Transforming Audio Technology in the Forecast Period of 2021-2026

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Global Portable Bluetooth Speakers Market to be Driven by Transforming Audio Technology in the Forecast Period of 2021-2026

February 03
13:19 2021
Global Portable Bluetooth Speakers Market to be Driven by Transforming Audio Technology in the Forecast Period of 2021-2026

Portable Bluetooth Speakers Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com
The new report by EMR titled, ‘Global Portable Bluetooth Speakers Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global portable Bluetooth speakers market, assessing the market based on its segments like type, sales channel, price range, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 9.07 billion (Global Smart Speaker Market)
• Forecast CAGR (2021-2026): 20% (Global Smart Speaker Market)
• Forecast Market Size (2026): USD 27 billion (Global Smart Speaker Market)

Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/portable-bluetooth-speakers-market/requestsample

The market growth of portable Bluetooth speakers is propelled by the transformation taking place in audio technology. The audio market has observed a shift in demand for wireless-based audio devices such as portable Bluetooth speakers, sound bars, headphones, and microphones. The rise in the demand for these devices has led to a boost in the portable Bluetooth speakers industry. Further, the market growth is facilitated by the growing demand from the end user industries and the rising adoption of portable Bluetooth speakers. Moreover, the growing number of smart phones is expected to positively affect market growth over the forecast period.

Industry Definition and Major Segments

The portable Bluetooth speakers refer to transportable wireless speakers, which allow the user to receive and send data and files. Bluetooth speakers are used to listening to songs or audios. They are portable and easy to handle and install.

Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/portable-bluetooth-speakers-market

Based on type, the market is segmented into:

• Car Speaker
• Pocket Speaker
• Outdoor Bluetooth Speaker
• Others

On the basis of sales channel, the industry can be divided into:

• Organised Sector
• Unorganised Sector
• Online
• Others

By price range, the industry is categorised into:

• Premium (More Than USD 500)
• Mid-Range (USD 500-200)
• Low Range (Less Than USD 200)

The regional markets for the product include:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

The portable Bluetooth speakers industry is being driven by the shift in the way people listen to music nowadays. Further, the changing format of music towards hi-fi and digital systems is leading manufacturers to design, develop, and pursue innovation in sound quality, thereby aiding the market growth of portable Bluetooth speakers. As consumers are shifting from speakers with high watts, featuring loud sound quality towards innovative speakers with better sound quality, the demand for hi-fi systems with Bluetooth, plug-in of various card reader types, Wi-Fi connection, USBs including supported files, or even a mixture with disco lighting, among others, are rising. Thereby boosting the market growth of portable Bluetooth speakers.

Key Market Players

The major players in the market are Bose Corporation, Harman International, Beats by Dr. Dre, Sony Corporation, Koninklijke Philips NV, LG Electronics, Yamaha Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking. Our currrent customers include Unilever UL, -1.80%, Nestle S.A. (otcmkts:NSRGY), L’Oreal (otcmkts:LRLCY)

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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