Uploaded on Jan 6, 2020
Global Portable Speakers Market Segment by Product Type, Connectivity Type, Category, Distribution Channel and Region
Portable Speakers Market CAGR 11.14% 2019 - 2025
Portable Speakers Market
Research Report - Global
Forecast till 2025
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2025
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Portable Speakers Market Research Report- Forecast to 2025
Portable Speakers Market 2020: Industry Survey, Growth,
Competitive Landscape and Forecasts to 2025
Portable Speakers’ Market is projected to be valued at USD 16.91 Billion by 2025,
registering a CAGR of 11.14% between 2019 and 2025. Portable speakers are generally
sold in a variety of colors and shapes such as capsule and pocket. Furthermore, market
players go the extra mile to produce portable speakers with several patented
technologies to create traction among consumers and survive in the competitive
market. For instance, the Bose Sound link operates on technology where sound passes
through an inbuilt tunnel for amplification and produces a deep and immersive sound.
Moreover, manufacturers are producing portable speakers with high durability and
resistance to water.
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Portable Speakers Market Research Report- Forecast to
2025
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Portable Speakers Market Research Report - Global Forecast 202
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Unique designs and low power cons”umption of hybrid portable speakers:
Hybrid portable speakers have an integrated circuit that offers longer battery playtime
as compared to other connectivity types. Nowadays, consumers are seeking products
with multiple connectivity options due to technological advancements, widespread use
of smartphones, and availability of high-speed Internet. Market players are further
investing in the development of unique designs such as cubes, cartoon characters,
lanterns, and key chains.
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Portable Speakers Market Research Report- Forecast to 2025
Global Portable Speakers Market, by Region, 2018
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Portable Speakers Market Research Report- Forecast to 2025
Regional Analysis
Availability of a wide range of products through online retail channels: E-
commerce websites offer clarity on technical specifications along with product reviews,
which impact the purchasing decisions of consumers. A wide variety of models offered
by a particular brand is visible on a single platform, which is driving the popularity of e-
commerce sales channels. Moreover, e-commerce companies run several offers online
to bolster sales. For instance, Amazon offers year-end deals including clearance sales,
overstocks, and markdowns at low prices to consumers. There is also a growing
preference for purchasing products online due to the convenience and one-stop
purchase benefits. Online channels also offer regular discounts and installment
schemes.
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Portable Speakers Market Research Report- Forecast to 2025
Application & Major Players in this Research:
Portable Speakers Market Prominent Players:
Bose Corporation (US)
Samsung Electronics, (Harman Kardon and JBL) (South Korea)
Tribitaudio (China)
Sony Corporation (Japan)
Logitech Europe S.A. (Ultimate Ears) (Switzerland)
Bang & Olufsen (Denmark)
SoundWorks, Inc. (US)
Apple Inc. (Beats Electronics LLC) (US)
Anker Technology Ltd (UK)
Polk Audio, LLC (US)
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Portable Speakers Market Research Report- Forecast to 2025
Portable Speakers Market Segmented on the basis of
By Product Type Bluetooth
Mini Hybrid
Pocket others
Capsule
others By Category
Premium
By Connectivity Type Mass-Market
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