Technological progressions in various audio devices have changed the fashion in which music is played and appreciated. The audio industry has observed a shift to the rise in demands for wireless based audio devices such as portable bluetooth speakers, sound bars, headphones and microphones. End-user demand and adoption for portable Bluetooth speakers and other such devices are gaining traction. This factor is likely to drive the portable bluetooth speaker market.
MARKET DYNAMICS
Advancement in audio technology hailing and Growing number of smart homes is likely to drive the portable bluetooth speaker market. Also, threat of piracy hindering revenue growth of the portable Bluetooth speaker market. The customer need has changed to innovation. Key purchases of hi-fi systems in the recent past have been with Wi-Fi connection, Bluetooth, plug-in of various card reader types, USBs including supported files or even a mixture with disco lighting, and so on. However, change in taste of listening to music among consumers is likely to boost the portable bluetooth speaker market.
MARKET SCOPE
The "Global Portable Bluetooth Speaker Market Analysis to 2031" is a specialized and in-depth study of the portable bluetooth speaker market with a special focus on the global market trend analysis. The report aims to provide an overview of portable bluetooth speaker market with detailed market segmentation by usage type, and price range. The global portable bluetooth speaker market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading portable bluetooth speaker market player and offers key trends and opportunities in the Portable Bluetooth Speaker market.
MARKET SEGMENTATION
The global portable bluetooth speaker market is segmented on the basis of usage type, and price range. On the basis of usage type, market is segmented as bluetooth car speaker, outdoor bluetooth speaker, and bluetooth speaker for mobile phones. On the basis of price range, market is segmented as Low Range, mid-range, premium
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global portable bluetooth speaker market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Portable Bluetooth Speaker market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Portable Bluetooth Speaker market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Portable Bluetooth Speaker market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global portable bluetooth speaker market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Portable Bluetooth Speaker market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Portable Bluetooth Speaker market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Portable Bluetooth Speaker market in these regions.
MARKET PLAYERS
The reports cover key developments in the Portable Bluetooth Speaker market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Portable Bluetooth Speaker market are anticipated to lucrative growth opportunities in the future with the rising demand for portable bluetooth speaker market. Below mentioned is the list of few companies engaged in the portable bluetooth speaker market.
The report also includes the profiles of key portable bluetooth speaker market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Beats Electronics
- Bose Corporation
- Harman International Industries
- JVCKENWOOD Corporation
- LG Electronics Inc.
- Logitech International S.A
- Samsung Electronics
- Sony Corporation
- Sound United
- Yamaha Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Portable Bluetooth Speakers Market - By Usage Type
1.3.2 Portable Bluetooth Speakers Market - By Price Range
1.3.3 Portable Bluetooth Speakers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PORTABLE BLUETOOTH SPEAKERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PORTABLE BLUETOOTH SPEAKERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PORTABLE BLUETOOTH SPEAKERS MARKET - GLOBAL MARKET ANALYSIS
6.1. PORTABLE BLUETOOTH SPEAKERS - GLOBAL MARKET OVERVIEW
6.2. PORTABLE BLUETOOTH SPEAKERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PORTABLE BLUETOOTH SPEAKERS MARKET - REVENUE AND FORECASTS TO 2028 - USAGE TYPE
7.1. OVERVIEW
7.2. USAGE TYPE MARKET FORECASTS AND ANALYSIS
7.3. BLUETOOTH CAR SPEAKER
7.3.1. Overview
7.3.2. Bluetooth Car Speaker Market Forecast and Analysis
7.4. OUTDOOR BLUETOOTH SPEAKER
7.4.1. Overview
7.4.2. Outdoor Bluetooth Speaker Market Forecast and Analysis
7.5. BLUETOOTH SPEAKER FOR MOBILE PHONES
7.5.1. Overview
7.5.2. Bluetooth Speaker for Mobile Phones Market Forecast and Analysis
8. PORTABLE BLUETOOTH SPEAKERS MARKET - REVENUE AND FORECASTS TO 2028 - PRICE RANGE
8.1. OVERVIEW
8.2. PRICE RANGE MARKET FORECASTS AND ANALYSIS
8.3. LOW RANGE
8.3.1. Overview
8.3.2. Low Range Market Forecast and Analysis
8.4. MID RANGE
8.4.1. Overview
8.4.2. Mid Range Market Forecast and Analysis
8.5. PREMIUM
8.5.1. Overview
8.5.2. Premium Market Forecast and Analysis
9. PORTABLE BLUETOOTH SPEAKERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Portable Bluetooth Speakers Market Overview
9.1.2 North America Portable Bluetooth Speakers Market Forecasts and Analysis
9.1.3 North America Portable Bluetooth Speakers Market Forecasts and Analysis - By Usage Type
9.1.4 North America Portable Bluetooth Speakers Market Forecasts and Analysis - By Price Range
9.1.5 North America Portable Bluetooth Speakers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Portable Bluetooth Speakers Market
9.1.5.1.1 United States Portable Bluetooth Speakers Market by Usage Type
9.1.5.1.2 United States Portable Bluetooth Speakers Market by Price Range
9.1.5.2 Canada Portable Bluetooth Speakers Market
9.1.5.2.1 Canada Portable Bluetooth Speakers Market by Usage Type
9.1.5.2.2 Canada Portable Bluetooth Speakers Market by Price Range
9.1.5.3 Mexico Portable Bluetooth Speakers Market
9.1.5.3.1 Mexico Portable Bluetooth Speakers Market by Usage Type
9.1.5.3.2 Mexico Portable Bluetooth Speakers Market by Price Range
9.2. EUROPE
9.2.1 Europe Portable Bluetooth Speakers Market Overview
9.2.2 Europe Portable Bluetooth Speakers Market Forecasts and Analysis
9.2.3 Europe Portable Bluetooth Speakers Market Forecasts and Analysis - By Usage Type
9.2.4 Europe Portable Bluetooth Speakers Market Forecasts and Analysis - By Price Range
9.2.5 Europe Portable Bluetooth Speakers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Portable Bluetooth Speakers Market
9.2.5.1.1 Germany Portable Bluetooth Speakers Market by Usage Type
9.2.5.1.2 Germany Portable Bluetooth Speakers Market by Price Range
9.2.5.2 France Portable Bluetooth Speakers Market
9.2.5.2.1 France Portable Bluetooth Speakers Market by Usage Type
9.2.5.2.2 France Portable Bluetooth Speakers Market by Price Range
9.2.5.3 Italy Portable Bluetooth Speakers Market
9.2.5.3.1 Italy Portable Bluetooth Speakers Market by Usage Type
9.2.5.3.2 Italy Portable Bluetooth Speakers Market by Price Range
9.2.5.4 United Kingdom Portable Bluetooth Speakers Market
9.2.5.4.1 United Kingdom Portable Bluetooth Speakers Market by Usage Type
9.2.5.4.2 United Kingdom Portable Bluetooth Speakers Market by Price Range
9.2.5.5 Russia Portable Bluetooth Speakers Market
9.2.5.5.1 Russia Portable Bluetooth Speakers Market by Usage Type
9.2.5.5.2 Russia Portable Bluetooth Speakers Market by Price Range
9.2.5.6 Rest of Europe Portable Bluetooth Speakers Market
9.2.5.6.1 Rest of Europe Portable Bluetooth Speakers Market by Usage Type
9.2.5.6.2 Rest of Europe Portable Bluetooth Speakers Market by Price Range
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Portable Bluetooth Speakers Market Overview
9.3.2 Asia-Pacific Portable Bluetooth Speakers Market Forecasts and Analysis
9.3.3 Asia-Pacific Portable Bluetooth Speakers Market Forecasts and Analysis - By Usage Type
9.3.4 Asia-Pacific Portable Bluetooth Speakers Market Forecasts and Analysis - By Price Range
9.3.5 Asia-Pacific Portable Bluetooth Speakers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Portable Bluetooth Speakers Market
9.3.5.1.1 Australia Portable Bluetooth Speakers Market by Usage Type
9.3.5.1.2 Australia Portable Bluetooth Speakers Market by Price Range
9.3.5.2 China Portable Bluetooth Speakers Market
9.3.5.2.1 China Portable Bluetooth Speakers Market by Usage Type
9.3.5.2.2 China Portable Bluetooth Speakers Market by Price Range
9.3.5.3 India Portable Bluetooth Speakers Market
9.3.5.3.1 India Portable Bluetooth Speakers Market by Usage Type
9.3.5.3.2 India Portable Bluetooth Speakers Market by Price Range
9.3.5.4 Japan Portable Bluetooth Speakers Market
9.3.5.4.1 Japan Portable Bluetooth Speakers Market by Usage Type
9.3.5.4.2 Japan Portable Bluetooth Speakers Market by Price Range
9.3.5.5 South Korea Portable Bluetooth Speakers Market
9.3.5.5.1 South Korea Portable Bluetooth Speakers Market by Usage Type
9.3.5.5.2 South Korea Portable Bluetooth Speakers Market by Price Range
9.3.5.6 Rest of Asia-Pacific Portable Bluetooth Speakers Market
9.3.5.6.1 Rest of Asia-Pacific Portable Bluetooth Speakers Market by Usage Type
9.3.5.6.2 Rest of Asia-Pacific Portable Bluetooth Speakers Market by Price Range
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Portable Bluetooth Speakers Market Overview
9.4.2 Middle East and Africa Portable Bluetooth Speakers Market Forecasts and Analysis
9.4.3 Middle East and Africa Portable Bluetooth Speakers Market Forecasts and Analysis - By Usage Type
9.4.4 Middle East and Africa Portable Bluetooth Speakers Market Forecasts and Analysis - By Price Range
9.4.5 Middle East and Africa Portable Bluetooth Speakers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Portable Bluetooth Speakers Market
9.4.5.1.1 South Africa Portable Bluetooth Speakers Market by Usage Type
9.4.5.1.2 South Africa Portable Bluetooth Speakers Market by Price Range
9.4.5.2 Saudi Arabia Portable Bluetooth Speakers Market
9.4.5.2.1 Saudi Arabia Portable Bluetooth Speakers Market by Usage Type
9.4.5.2.2 Saudi Arabia Portable Bluetooth Speakers Market by Price Range
9.4.5.3 U.A.E Portable Bluetooth Speakers Market
9.4.5.3.1 U.A.E Portable Bluetooth Speakers Market by Usage Type
9.4.5.3.2 U.A.E Portable Bluetooth Speakers Market by Price Range
9.4.5.4 Rest of Middle East and Africa Portable Bluetooth Speakers Market
9.4.5.4.1 Rest of Middle East and Africa Portable Bluetooth Speakers Market by Usage Type
9.4.5.4.2 Rest of Middle East and Africa Portable Bluetooth Speakers Market by Price Range
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Portable Bluetooth Speakers Market Overview
9.5.2 South and Central America Portable Bluetooth Speakers Market Forecasts and Analysis
9.5.3 South and Central America Portable Bluetooth Speakers Market Forecasts and Analysis - By Usage Type
9.5.4 South and Central America Portable Bluetooth Speakers Market Forecasts and Analysis - By Price Range
9.5.5 South and Central America Portable Bluetooth Speakers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Portable Bluetooth Speakers Market
9.5.5.1.1 Brazil Portable Bluetooth Speakers Market by Usage Type
9.5.5.1.2 Brazil Portable Bluetooth Speakers Market by Price Range
9.5.5.2 Argentina Portable Bluetooth Speakers Market
9.5.5.2.1 Argentina Portable Bluetooth Speakers Market by Usage Type
9.5.5.2.2 Argentina Portable Bluetooth Speakers Market by Price Range
9.5.5.3 Rest of South and Central America Portable Bluetooth Speakers Market
9.5.5.3.1 Rest of South and Central America Portable Bluetooth Speakers Market by Usage Type
9.5.5.3.2 Rest of South and Central America Portable Bluetooth Speakers Market by Price Range
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PORTABLE BLUETOOTH SPEAKERS MARKET, KEY COMPANY PROFILES
11.1. BEATS ELECTRONICS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BOSE CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HARMAN INTERNATIONAL INDUSTRIES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JVCKENWOOD CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LG ELECTRONICS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LOGITECH INTERNATIONAL S.A
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SAMSUNG ELECTRONICS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SONY CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SOUND UNITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YAMAHA CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Beats Electronics
2. Bose Corporation
3. Harman International Industries
4. JVCKENWOOD Corporation
5. LG Electronics Inc.
6. Logitech International S.A
7. Samsung Electronics
8. Sony Corporation
9. Sound United
10. Yamaha Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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