Report ID : AMR1004215 | Industries : ICT | Published On :December 2023 | Page Count : 236
Global Portable Bluetooth Speaker Market Size, Trends, and Growth Opportunity, By Application (Commercial, Residential), By Distribution Channel (Online, Offline), By Region and forecast till 2030.
Global Portable Bluetooth Speaker Market
Global Portable Bluetooth Speaker Market was valued at USD 12.5 billion in 2022 and is slated to reach USD 26.5 billion by 2030 at a CAGR of 11.34% from 2023-2030.
Compact audio speakers known as portable bluetooth speakers are Bluetooth-enabled, enabling wireless connectivity to various devices including smartphones and tablets. They are perfect for outdoor activities, travel, and personal entertainment since they offer on-the-go audio playback. These speakers are well-liked for their usability and adaptability and available in a variety of sizes, shapes, and sound capacities. They provide high-quality sound and convenience.
Market Drivers
The rising need for mobile audio solutions is the main factor driving the global market for portable Bluetooth speakers. These speakers are preferred since they can be used outside and while traveling because of their wireless link to cellphones and tablets. Their popularity is also increased by improvements in Bluetooth technology, battery life, and sound quality. The market is growing as a result of the expanding popularity of wireless audio streaming and convenience, as well as an increase in outdoor recreational activities.
Market Restraints
Global portable bluetooth speaker sales are constrained by factors like potential sound quality restrictions brought on by their small size, which forces a compromise between portability and audio performance. Issues with compatibility and interference may arise with Bluetooth connectivity. Additionally, producers' profit margins may be impacted by market saturation and fierce rivalry. Sustainability issues are brought on by environmental issues relating to the disposal of batteries and technological trash.
Impact of COVID-19
The global market for portable bluetooth speakers has faced difficulties as a result of the COVID-19 outbreak. Product availability has been impacted by production capacity reductions and supply chain interruptions. Sales have been hurt by consumers' lower non-essential expenditure during economic uncertainty. Additionally, limitations on outdoor and travel activities have restricted the usage of portable speakers. Overall, the economic and social repercussions of the epidemic have slowed the market's expansion.
Recent Development
The JBL brand of HARMAN International debuted their portable Pulse 5 speakers in the United States in February 2023. The product offers adjustable 360° illumination that is linked with music. A 30 W woofer and a 10 W tweeter covering 58 Hz to 20 kHz are included in its sonic features. With a 27 Wh battery, it offers rapid charging, 12-hour playback, Bluetooth 5.3 for pairing with two devices, and PartyBoost for stereo or connected sound. Due to its dust- and water-resistance and IP67 rating, it is perfect for outdoor use.
Market Segmentation
Global Portable Bluetooth Speaker Market is segmented into application and distribution channel. By application such as commercial, residential. By distribution channel such as online, offline.
Regional Analysis
Global Portable Bluetooth Speaker Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to widespread consumer uptake and technological developments, North America and Europe lead the market. The demand for portable audio devices and rising smartphone adoption are driving the region's rapid growth. African and Latin American emerging economies have potential for market expansion but are constrained by their respective economies. Regional market dynamics are greatly influenced by geography, consumer preferences, and economic situations.
Key Players
This report includes a list of numerous Key Players, namely HARMAN International, Bose Corporation, Sony Group Corporation, Marshall Group AB, Apple Inc., Bang & Olufsen, Logitech, Plantronics Inc., VOXX International Corporation, and Fugoo.
Market Taxonomy
By Application
• Commercial
• Residential
By Distribution Channel
• Online
• Offline
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Inquiry Before Buying Request Free Sample Ask For Discount
Global Portable Bluetooth Speaker Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Portable Bluetooth Speaker Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Portable Bluetooth Speaker Market, By Application
5.1. Y-o-Y Growth Comparison, By Application
5.2. Global Portable Bluetooth Speaker Market Share Analysis, By Application
5.3. Global Portable Bluetooth Speaker Market Size and Forecast, By Application
5.3.1. Commercial
5.3.2. Residential
6. Global Portable Bluetooth Speaker Market, By Distribution Channel
6.1. Y-o-Y Growth Comparison, By Distribution Channel
6.2. Global Portable Bluetooth Speaker Market Share Analysis, By Distribution Channel
6.3. Global Portable Bluetooth Speaker Market Size and Forecast, By Distribution Channel
6.3.1. Online
6.3.2. Offline
7. Global Portable Bluetooth Speaker Market, By Region
7.1. Global Portable Bluetooth Speaker Market Share Analysis, By Region
7.2. Global Portable Bluetooth Speaker Market Share Analysis, By Region
7.3. Global Portable Bluetooth Speaker Market Size and Forecast, By Region
8. North America Portable Bluetooth Speaker Market Analysis and Forecast (2023-2030)
8.1. Introduction
8.2. North America Portable Bluetooth Speaker Market Share Analysis, By Application
8.3. North America Portable Bluetooth Speaker Market Share Analysis, By Distribution Channel
8.4. North America Portable Bluetooth Speaker Market Size and Forecast, By Country
8.4.1. U.S.
8.4.1.1. Market Size and Forecast, By Application
8.4.1.2. Market Size and Forecast, By Distribution Channel
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Application
8.4.2.2. Market Size and Forecast, By Distribution Channel
8.4.3. Mexico
8.4.3.1. Market Size and Forecast, By Application
8.4.3.2. Market Size and Forecast, By Distribution Channel
9. Europe Portable Bluetooth Speaker Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. Europe Portable Bluetooth Speaker Market Share Analysis, By Application
9.3. Europe Portable Bluetooth Speaker Market Share Analysis, By Distribution Channel
9.4. Europe Portable Bluetooth Speaker Market Size and Forecast, By Country
9.4.1. Germany
9.4.1.1. Market Size and Forecast, By Application
9.4.1.2. Market Size and Forecast, By Distribution Channel
9.4.2. France
9.4.2.1. Market Size and Forecast, By Application
9.4.2.2. Market Size and Forecast, By Distribution Channel
9.4.3. UK
9.4.3.1. Market Size and Forecast, By Application
9.4.3.2. Market Size and Forecast, By Distribution Channel
9.4.4. Russia
9.4.4.1. Market Size and Forecast, By Application
9.4.4.2. Market Size and Forecast, By Distribution Channel
9.4.5. Italy
9.4.5.1. Market Size and Forecast, By Application
9.4.5.2. Market Size and Forecast, By Distribution Channel
9.4.6. Spain
9.4.6.1. Market Size and Forecast, By Application
9.4.6.2. Market Size and Forecast, By Distribution Channel
9.4.7. Rest of Europe
9.4.7.1. Market Size and Forecast, By Application
9.4.7.2. Market Size and Forecast, By Distribution Channel
10. Asia Pacific Portable Bluetooth Speaker Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Asia Pacific Portable Bluetooth Speaker Market Share Analysis, By Application
10.3. Asia Pacific Portable Bluetooth Speaker Market Share Analysis, By Distribution Channel
10.4. Asia Pacific Portable Bluetooth Speaker Market Size and Forecast, By Country
10.4.1. China
10.4.1.1. Market Size and Forecast, By Application
10.4.1.2. Market Size and Forecast, By Distribution Channel
10.4.2. Japan
10.4.2.1. Market Size and Forecast, By Application
10.4.2.2. Market Size and Forecast, By Distribution Channel
10.4.3. India
10.4.3.1. Market Size and Forecast, By Application
10.4.3.2. Market Size and Forecast, By Distribution Channel
10.4.4. South Korea
10.4.4.1. Market Size and Forecast, By Application
10.4.4.2. Market Size and Forecast, By Distribution Channel
10.4.5. Australia
10.4.5.1. Market Size and Forecast, By Application
10.4.5.2. Market Size and Forecast, By Distribution Channel
10.4.6. New Zealand
10.4.6.1. Market Size and Forecast, By Application
10.4.6.2. Market Size and Forecast, By Distribution Channel
10.4.7. Singapore
10.4.7.1. Market Size and Forecast, By Application
10.4.7.2. Market Size and Forecast, By Distribution Channel
10.4.8. Malaysia
10.4.8.1. Market Size and Forecast, By Application
10.4.8.2. Market Size and Forecast, By Distribution Channel
10.4.9. Rest of Asia
10.4.9.1. Market Size and Forecast, By Application
10.4.9.2. Market Size and Forecast, By Distribution Channel
11. Latin America Portable Bluetooth Speaker Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Latin America Portable Bluetooth Speaker Market Share Analysis, By Application
11.3. Latin America Portable Bluetooth Speaker Market Share Analysis, By Distribution Channel
11.4. Latin America Portable Bluetooth Speaker Market Size and Forecast, Country
11.4.1. Brazil
11.4.1.1. Market Size and Forecast, By Application
11.4.1.2. Market Size and Forecast, By Distribution Channel
11.4.2. Argentina
11.4.2.1. Market Size and Forecast, By Application
11.4.2.2. Market Size and Forecast, By Distribution Channel
11.4.3. Colombia
11.4.3.1. Market Size and Forecast, By Application
11.4.3.2. Market Size and Forecast, By Distribution Channel
11.4.4. Peru
11.4.4.1. Market Size and Forecast, By Application
11.4.4.2. Market Size and Forecast, By Distribution Channel
11.4.5. Chile
11.4.5.1. Market Size and Forecast, By Application
11.4.5.2. Market Size and Forecast, By Distribution Channel
11.4.6. Venezuela
11.4.6.1. Market Size and Forecast, By Application
11.4.6.2. Market Size and Forecast, By Distribution Channel
11.4.7. Rest of Latin America
11.4.7.1. Market Size and Forecast, By Application
11.4.7.2. Market Size and Forecast, By Distribution Channel
12. Middle East Portable Bluetooth Speaker Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Middle East Portable Bluetooth Speaker Market Share Analysis, By Application
12.3. Middle East Portable Bluetooth Speaker Market Size and Forecast, By Distribution Channel
12.4. Middle East Portable Bluetooth Speaker Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.1.1. Market Size and Forecast, By Application
12.4.1.2. Market Size and Forecast, By Distribution Channel
12.4.2. UAE
12.4.2.1. Market Size and Forecast, By Application
12.4.2.2. Market Size and Forecast, By Distribution Channel
12.4.3. Egypt
12.4.3.1. Market Size and Forecast, By Application
12.4.3.2. Market Size and Forecast, By Distribution Channel
12.4.4. Kuwait
12.4.4.1. Market Size and Forecast, By Application
12.4.4.2. Market Size and Forecast, By Distribution Channel
12.4.5. South Africa
12.4.5.1. Market Size and Forecast, By Application
12.4.5.2. Market Size and Forecast, By Distribution Channel
12.4.6. Rest of Middle East & Africa
12.4.6.1. Market Size and Forecast, By Application
12.4.6.2. Market Size and Forecast, By Distribution Channel
13. Competitive Analysis
13.1. Competition Dashboard
13.2. Market share Analysis of Top Vendors
13.3. Key Development Strategies
14. Company Profiles
14.1. HARMAN International
14.1.1. Offerings
14.1.2. Key Financials
14.1.3. Business Segment & Geographic Overview
14.1.4. Key Market Developments
14.1.5. Key Strategies
14.2. Bose Corporation
14.2.1. Overview
14.2.2. Offerings
14.2.3. Key Financials
14.2.4. Business Segment & Geographic Overview
14.2.5. Key Market Developments
14.2.6. Key Strategies
14.3. Sony Group Corporation
14.3.1. Overview
14.3.2. Offerings
14.3.3. Key Financials
14.3.4. Business Segment & Geographic Overview
14.3.5. Key Market Developments
14.3.6. Key Strategies
14.4. Marshall Group AB
14.4.1. Overview
14.4.2. Offerings
14.4.3. Key Financials
14.4.4. Business Segment & Geographic Overview
14.4.5. Key Market Developments
14.4.6. Key Strategies
14.5. Apple Inc.
14.5.1. Overview
14.5.2. Offerings
14.5.3. Key Financials
14.5.4. Business Segment & Geographic Overview
14.5.5. Key Market Developments
14.5.6. Key Strategies
14.6. Bang & Olufsen
14.6.1. Overview
14.6.2. Offerings
14.6.3. Key Financials
14.6.4. Business Segment & Geographic Overview
14.6.5. Key Market Developments
14.6.6. Key Strategies
14.7. Logitech
14.7.1. Overview
14.7.2. Offerings
14.7.3. Key Financials
14.7.4. Business Segment & Geographic Overview
14.7.5. Key Market Developments
14.7.6. Key Strategies
14.8. Plantronics Inc.
14.8.1. Overview
14.8.2. Offerings
14.8.3. Key Financials
14.8.4. Business Segment & Geographic Overview
14.8.5. Key Market Developments
14.8.6. Key Strategies
14.9. VOXX International Corporation
14.9.1. Overview
14.9.2. Offerings
14.9.3. Key Financials
14.9.4. Business Segment & Geographic Overview
14.9.5. Key Market Developments
14.9.6. Key Strategies
14.10. Fugoo
14.10.1. Overview
14.10.2. Offerings
14.10.3. Key Financials
14.10.4. Business Segment & Geographic Overview
14.10.5. Key Market Developments
14.10.6. Key Strategies
Inquiry Before Buying Request Free Sample Ask For Discount