Global Portable Bluetooth Speakers Market

Portable Bluetooth Speakers Market Size, Share, Growth Analysis, By Product(Mini, Pocket, Capsule, and Others), By Connectivity(Bluetooth, Hybrid, and Others), By Distribution channel(Online, Offline), By Application(Commercial, Residential), By Region - Industry Forecast 2024-2031

Report ID: SQMIG25E2116 | Region: Global | Published Date: July, 2027
Pages: 223 | Tables: 89 | Figures: 70

Portable Bluetooth Speakers Market News

In April 2023, Bose Corporation announced to divest the Bose Professional Division to Transom Capital Group, a private equity firm. Bose Professional’s commercial installation and conference activities will now be handled by Transom Capital Group. During this transition, Bose Professional will make dedicated efforts to address its professional audio customers and to further innovate and create new products and solutions for the professional audio market.
In February 2023, JBL, a company under HARMAN International, launched the Pulse 5 portable speakers in the U. S. The features of these speakers include 360° lighting that is in harmony with music and can be modified through an application. The audio section involves a 30 W woofer and a 10 W tweeter with a frequency response of 58 Hz to 20 kHz. The 27 Wh battery gives up to 12 hours of playback and is fast charge compatible.
September 2022: In China, the Meizu PANDER Elvis Presley-branded Bluetooth speaker was released. The Platinum Unicorn Cyber Speaker features two 48mm loudspeakers and a full-frequency ultra-thin audio unit. Deep bass is generated by the new Meizu-Elvis Presley Bluetooth speakers using passive diaphragm sensor technology.

Portable Bluetooth Speakers Market Report Snapshots

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Portable Bluetooth Speakers Market size was valued at USD 6.2 billion in 2022 and is poised to grow from USD 6.94 billion in 2023 to USD 17.19 billion by 2031, growing at a CAGR of 12% in the forecast period (2024-2031).

The global portable bluetooth speakers market features a highly competitive landscape characterized by a multitude of companies vying for market share. These companies are engaged in fierce competition driven by factors such as product innovation, pricing strategies, and distribution networks. 'Samsung Electronics', 'Harman Kardon and JBL (South Korea)', 'Tribitaudio (China)', 'Bose Corporation (US)', 'Polk Audio, LLC (US)', 'Sonos Inc. (US)', 'Boytone (US)', 'Marshall Amplification PLC (UK)', 'Sony Corporation (Japan)', 'Logitech Europe S.A. (Ultimate Ears) (Switzerland)', 'Bang & Olufsen (Denmark)', 'SoundWorks, Inc. (US)', 'Apple Inc. (Beats Electronics LLC) (US)', 'House of Marley, LLC (US)'

One major driver for the Global Portable Bluetooth Speakers Market is continuous technological advancements. Manufacturers are constantly innovating to enhance sound quality, connectivity options, and battery life. The integration of smart features, voice assistants, and rugged designs has been a driving force, attracting consumers looking for versatile and high-quality audio solutions.

Voice Assistant Integration : Manufacturers are increasingly incorporating virtual assistants like Amazon's Alexa and Google Assistant into their speakers. This trend reflects the growing demand for smart and connected devices, enabling users to control their speakers, access information, and perform various tasks through voice commands. Voice assistant integration enhances user convenience and positions these speakers at the forefront of the smart home ecosystem, contributing to market growth.

North America stands out as the dominating region in the Global Portable Bluetooth Speakers Market. This dominance can be attributed to its mature consumer electronics market, higher disposable incomes, and a strong penchant for technological innovations. Leading companies are headquartered in North America, contributing to a robust distribution network and brand recognition. Moreover, consumers in this region are quick to adopt new tech trends, driving consistent demand for portable Bluetooth speakers.

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Portable Bluetooth Speakers Market Size, Share, Growth Analysis, By Product(Mini, Pocket, Capsule, and Others), By Connectivity(Bluetooth, Hybrid, and Others), By Distribution channel(Online, Offline), By Application(Commercial, Residential), By Region - Industry Forecast 2024-2031

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