US Bluetooth Speaker Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2017 at a CAGR of XX%.
Bluetooth speaker market is segmented by type, distribution channel, and end user. Based on the type, Bluetooth speaker market is divided by the portable and fixed. Portable Bluetooth speaker is estimated to hold the largest share of the market during the forecast period due to battery backup is improved as lithium-ion battery is used for portable speakers, advancements in audio sound, rising demand for the wireless connectivity, increasing usage of the smartphones, and rise in technological advancements. On the basis of the distribution channel, Bluetooth speaker market is classified by online and offline.
Online is estimated to hold the largest share of the market during the forecast period due to online retailing provides more discounts and wider options to purchase, the online platform becomes popular owing to that it provides the delivery to the doorstep by order of products. According to end user, Bluetooth speaker market is segmented by residential and commercial. Residential speaker is expected to hold the largest share of the market during the forecast period due to rising the usage of smart technology, number of innovative speakers are available in the market, increased trend of smart home, and it’s features as wireless connectivity and connect with PC’s and smart phones.
Major driving factors of the market are advancements in audio sound, rising demand for the wireless connectivity, increasing usage of the smartphones, rise in technological advancements, raised demand for the electronics products as mobile phones, music system, and others, manufactures are investing in R&D for improve cost and performance, rising need of indoor and outdoor speakers, and increasing wireless technology adoption. Increasing economy and increasing purchasing power will contribute to the increase in purchase and usage of electronic gadgets in the US market. Rising trend usage of devices and connected devices in homes.
The innovation of speakers with better integration with smartphones, sleek designs, and innovative models to give luxurious appeal will help in the development of the US Bluetooth speaker market. Key player’s studies, analysed, profiled and benchmarked in Bluetooth speaker market are Bose, HARMAN International, Beats, Sony, Altec Lansing, Anker Innovations, AOMAIS, Axess Products, Bang & Olufsen, Braven, Creative Technology, DOSS, and D&M Holdings.
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Scope of the Report Bluetooth Speaker Market
By Type
• Portable
• Fixed
By Distribution Channel
• Online
• Offline
By End User
• Residential
• Commercial
Key Players, US Bluetooth Speaker Market
• Bose
• HARMAN International
• Beats
• Sony
• Altec Lansing
• Anker Innovations
• AOMAIS
• Axess Products
• Bang & Olufsen
• Braven
• Creative Technology
• DOSS
• D&M Holdings
This Report Is Submitted By @Maximize Market Research Company
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