Press Release
Press Release
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
According to a new report by EMR titled, 'Global Portable Bluetooth speakers Market Report and Forecast 2021-2026', the global market for portable Bluetooth speakers is aided by the global smart speaker market, which is expected to grow at a CAGR of 20% in the forecast period of 2021-2026 to attain USD 27 billion by 2026.
The market growth of portable Bluetooth speakers is driven by the development of smart homes in developed countries like the United States and Canada. In a smart home, consumer electronic devices, and various media and entertainment gadgets are connected to each other via a home network and can interact with each other. These connected smart devices help the consumer control and play music from distant locations and permit consumers to play music of their choice in different rooms by adding additional streaming devices. The aforementioned features are predicted to enhance the adoption rate of portable Bluetooth speakers in the North America region, consequently boosting the market growth over the forecast period.
The market is further aided by the introduction of new products to the product portfolio of the key industry players of portable Bluetooth speakers like Sony Corporation (NYSE: SNE) and Koninklijke Philips NV. In May 2020, Sony Corporation released three new portable Bluetooth speakers. SRS-XB23, which is the least expensive portable Bluetooth speaker, is a new design released this year. All the models are available in multiple colour options and are IP67 waterproof as well as rustproof and dustproof. The company launches new models with enhanced features every year. The ongoing innovation and advancement in the industry are expected to bolster the market growth over the forecast period.
Market Analysis by Type, Sales Channel, Price Range, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Bose Corporation, Harman International, Beats by Dr. Dre, Sony Corporation, Koninklijke Philips NV, LG Electronics, and Yamaha Corporation, among others are the key players in the global portable Bluetooth speakers market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Contact Us:
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.