The Global Bluetooth Speaker Market is valued at USD 1.74 billion in 2016 and is expected to reach a value of USD 17.69 billion by the end of 2022, growing at a projected CAGR of 39.28% during the forecast period of 2017 – 2022.
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One major limitation of a Bluetooth speaker market is that it has short range playback capacity; whenever the source device goes out the Bluetooth range, the connection breaks down and the speakers are unable to play the music, while other wireless technology such Wi-Fi and Airplay offer much wide range of streaming capacity.
Some of the major players mentioned in the report are Sony, Philips, Harman International Industries, Panasonic, Samsung and LG.
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Bluetooth speakers are used to play music using wireless technology. Bluetooth being a common technology among smart phones, tablets and other music devices makes the speaker compatible with most of the sources. These speakers are portable and small in size enabling users to create endless possibility for the speaker manufacturers.
Even though, some of these speakers are small in size but are loud enough and offer a decent 8 to 15 hours of playback time which makes them ideal not only for indoor application but also for outdoor applications. Some manufactures have also come out with wireless charging features as well as charging docks, making them completely wire free and moreover with decent battery size, they offer charging for mobiles or tablets docked over them.
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Table of Contents
- Executive Summary
- Market Overview
3.1 Market Segmentation
3.3 Industry Value Chain Analysis
3.4 Industry Attractiveness – Porter’s 5 Force Analysis
3.5 Industry Policies
- Market Dynamics
4.2.1 Need for Portable Speakers
4.2.2 Bluetooth as a Common Media Platform for different OS
4.3.1 Limited Battery Life
4.3.2 Limited Range Playing Capacity
4.3.3 Negative Health Effects
4.4 Technology Overview
4.4.1 Technology Snapshot
4.4.2 Ongoing research and development
- Market Segmentation and Forecast
5.1 Global Bluetooth Speaker Market by Charging Technology
5.1.1 AC Only
5.1.2 DC Only
5.1.4 Wireless Charging
5.2 Global Bluetooth Speaker Market by Application
- Vendor Market Share
- Company Profiles
7.1.2 Major Products and Services
7.1.4 Recent Developments
7.2.2 Major Products and Services
7.2.4 Recent Developments
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