Shibuya-ku, Tokyo, Japan, Japan, Feb 03, 2021, 07:02 /Comserve / -- The major vendors in the global market are: Bose, HARMAN International (Samsung), BEATS Electronics (Apple), Sony
This market research report on global Bluetooth Speaker market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (traditional speaker, waterproof speaker, and rugged speaker), by price range (low-end, mid-range, and premium), by end-user type (residential users and commercial users), by portability (fixed and portable), and by geography (APAC, Europe, North America, Latin America, and MEA).
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The major vendors in the global market are:
• Bose
• HARMAN International (Samsung)
• BEATS Electronics (Apple)
• Sony
Key Vendor Analysis
The global Bluetooth speaker market is moderately concentrated, and the leading players occupy more than 40% of market share. The key players are focusing on altering and refining their unique value proposition to sustain the competition in the global market. The top companies in the global market are competing on the basis of product or service extensions, technological innovations, and M&A activities. The development of innovative technology and regular product upgrades will allow vendors to gain a larger market share and gain new consumers. The increasing adoption of these products across US, China, South Korea, and the UK will encourage companies to expand their businesses in these regions in the global market. The focus on efficient production techniques that minimize production costs and mitigate associated risks will help players generate higher revenues in the global Bluetooth speaker market.
Bluetooth Speaker Market - Segmentation
This market research report includes a detailed segmentation of the market by products, price range, end-users, portability, and geography.
Bluetooth Speaker Market – By Product Type
Affordable prices of traditional speakers will boost the demand in the global Bluetooth speaker market during the forecast period
The global Bluetooth speaker market by product type is segmented into the traditional speaker, waterproof speaker, and rugged speaker. Traditional speakers dominated the market share in 2017, growing at a CAGR of more than 6% during the forecast period. The traditional speaker segment consists of products that are normal Bluetooth speakers with no added functionality such as water resistance and weather resistance. These are the most commonly used devices in the global market. The traditional speakers are gaining maturity especially in the developed nations in the global market. The vendors are focusing on offering product innovations to meet consumer demands and gain a larger market share. The low price range of these devices and mass market sales will attribute to the revenues of this segment in the global Bluetooth speaker market.
Bluetooth Speaker Market – By Portability
Portable speakers to occupy the largest global Bluetooth speaker market share during the forecast period
The portability segment in the global Bluetooth speaker market is classified into fixed and portable speakers. Portable speakers dominated the around 3/4th market share in 2017, growing at a CAGR of approximately 11% during the forecast period. Portable speakers can be carried anywhere, and these units are designed in such as way that the devices are AC powered or AC/DC powered in nature. Most of the speakers are available in the market are portable, and these devices offer the ease-of-convenience with respect to placement of speakers. These speakers come in very handy while traveling thereby, driving the demand for these products in the global market. The focus on developing and launching new models will help vendors generate higher revenues in the global Bluetooth speaker market during the forecast period.
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91334
"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."
Table of Content
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Price Range
4.3.3 Market Segmentation by End-user Type
4.3.4 Market Segmentation by Portability
4.3.5 Market Segmentation by Distribution Channel Type
4.3.6 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
Key market insights include
1. The analysis of global Bluetooth speaker market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global Bluetooth speaker market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of global Bluetooth speaker market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
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