Global Wireless Speaker Market Price Trends, Industry Overview, Growth and Forecast till 2023


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Feb 03, 2021, 06:59 EST


Shibuya-ku, Tokyo, Japan, Japan, Feb 03, 2021, 06:59 /Comserve / -- The major vendors in the global market are: Alibaba Group, Alphabet (Google), Amazon.com, BEATS Electronics (Apple), Bose, HARMAN International (Samsung), Sonos, Sony

This market research report on global wireless 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 connectivity type (Bluetooth speaker and wifi-speakers), by price range (low-end, mid-range, and premium), by end users (residential and commercial end-users), by distribution (retail and online), and by geography (North America, Europe, APAC, Latin America, and MEA).

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91336

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The major vendors in the global market are:


• Alibaba Group
• Alphabet (Google)
• Amazon.com
• BEATS Electronics (Apple)
• Bose
• HARMAN International (Samsung)
• Sonos
• Sony

Key Vendor Analysis

The global wireless speaker market is highly concentrated, and the leading vendors control more than 60% of market share. The players are focusing on technological innovations, product upgrades, and refining the unique value proposition to sustain the intense competition in the global market. The companies are offering products with high functionality and designs to gain larger market share and attract new consumers. The increasing on focus on expanding businesses and distribution networks to emerging nations will result in higher revenues in the global wireless speaker market during the forecast period. The players in the market are competing on the basis of product or service extensions, technological innovations, and M&A activities.

Wireless Speaker Market - Segmentation

This market research report includes a detailed segmentation of the market by connectivity type, price range, end-user type, distribution channels, and geography.

Wireless Speaker Market – By Connectivity Type
Introduction of smart Wi-Fi speakers will revolutionize the global wireless speaker market during the forecast period

The global wireless speaker market by connectivity type is segmented into (Bluetooth speaker (traditional Bluetooth speaker, waterproof Bluetooth speaker, and rugged Bluetooth speaker) and Wi-Fi speaker (Wi-Fi only speaker, hybrid speaker, smart speakers, non-smart speakers, singleroom speaker, and multiroom speaker). The Wi-Fi speaker segment dominated largest market share in 2017, growing at a CAGR of around 20% during the forecast period. The growing demand for the smart speaker is boosting the growth of this segment both in terms of unit shipment as well as revenue in the global market. The increasing popularity of multiroom speakers will augment the growth of the wifi wireless speakers in the global market. Various futuristic inventions in the mainstream voice-first and complementary technologies are expected boost investors’ confidence and boost VC funding in the global market during the forecast period. The leading vendors are focusing on integrating advanced features and developing their product portfolio with upgrades to gain a larger global wireless speaker market size over the next few years.

Wireless Speaker Market – By End-Users
Commercial end-users to adopt multi-room speakers in the global wireless speaker market during the forecast period

The end-user segment in the global wireless speaker market is categorized into residential and commercial end-users. Commercial end-user segment occupied a significant portion of the market share in 2017, growing at a CAGR of around 9% during the forecast period. The extensive use of these speakers by various offices, small retail stores, home offices, educational institutions, and others is contributing to revenues in this segment in the global market. The use of these devices is gaining immense popularity among smart offices, small home offices, and educational institutions in the global market. The top companies are adopting innovative technologies to reduce price range of these speakers in the global market. These speakers are designed to have a high battery backup to attract new consumers in the global wireless speaker market.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91336

"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 Connectivity Type
4.3.2 Market Segmentation by End-user Type
4.3.3 Market Segmentation by Distribution Channel Type
4.3.4 Market Segmentation by Price Range
4.3.5 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 wireless 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 for the global wireless 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 wireless 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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