Global Bluetooth Speaker Market Size, Growth, Trends, Industry Analysis and Forecast 2020

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Global Bluetooth Speaker Market Size, Share, Global Insights, Analysis
and Outlook, Emerging Trends and Research Report by Market Reports
Technavio Announces the Publication of its Research Report – Global Bluetooth Speaker Market 20162020
Technavio recognizes the following companies as the key players in the global bluetooth speaker
market: Beats Electronics, Bose, Harman, Samsung, and Sony.
Other Prominent Vendors in the market are:
Altec Lansing, Avnera, Braven, Cambridge SoundWorks, Creative Technology, Denon Electronics,
Jawbone, JBL, JVC Kenwood, LG Electronics, Logitech, Panasonic, Koninklijke Philips, Pioneer, Plantronics,
Sennheiser, Sharp, Shure, Sonos, Supersonic, Voxx, and Yamaha.
Commenting on the report, an analyst from Technavio’ s team said: “Growing popularity of multi-room
streaming is a key trend in this market. The advent of networked audio means the removal of much of the
efforts, expense, and time, as all the audio devices are wirelessly connected with technologies such as
Bluetooth, Wi-Fi, or AirPlay. These technologies help separate a system’ s physical and logical connections,
which further means that a single network carries multiple channels, making it possible to make
infrastructure changes relatively cheaply, quickly and inexpensively. The growing trend of maintaining
speakers in all the rooms is expediting the growth of the Bluetooth speakers market.”
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According to the report, wireless streaming of audio content is one of the major factors driving the sale
of Bluetooth speakers globally. Modern devices like laptops, smartphones, and tablets are equipped with
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Wi-Fi and Bluetooth connectivity enabling impressive streaming of content, which is another driving factor
supporting the growth of the bluetooth speaker market.
Further, the report states that the easy availability of counterfeit products is a major challenge faced by
leading manufacturers. APAC is considered as the hub for counterfeit products. Consumers are attracted
towards counterfeit products because of their popularity, easy availability, low cost, and resemblance to
big brands. These attributes are likely to intensify the competition in the bluetooth speaker market.
The study was conducted using an objective combination of primary and secondary information including
inputs from key participants in the industry. The report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors.
About Bluetooth Speakers
Bluetooth speakers are wireless portable audio devices that receive audio signals over low-power radio
waves instead of audio cables. For ideal exchange of data, the receiver should be within the defined range
of wireless transfer capability of the speaker. The Bluetooth speaker market includes the following types
of devices: AC-only Bluetooth speakers, DC-only Bluetooth speakers, and AC/DC Bluetooth speakers
Technavio’ s analysts forecast the global bluetooth speaker market to grow at a CAGR of 32.81% during
the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the the global bluetooth speaker
market for 2016-2020. To calculate the market size, the report considers the generated from the sales of
bluetooth speakers.
The market is divided into the following segments based on geography:
• Americas
Technavio's report, Global Bluetooth Speaker Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
Beats Electronics
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Other prominent vendors
Altec Lansing
Cambridge SoundWorks
Creative Technology
Denon Electronics
JVC Kenwood
LG Electronics
Logitech International
Koninklijke Philips
Voxx International
Market driver
Wireless streaming of audio content
For a full, detailed list, view our report
Market challenge
Easy availability of counterfeit products
For a full, detailed list, view our report
Market trend
Growing popularity of multi-room streaming
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Market Reports Center
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According to the report, wireless streaming of audio content is one of the major factors driving the sale of Bluetooth speakers globally.