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Global Bluetooth Speaker Market 2016-2020

About Bluetooth Speakers

Bluetooth speakers are wireless portable audio devices that receive audio signals over low-power radio waves instead of audio cables. For ideal exchange of data, the receiver should be within the defined range of wireless transfer capability of the speaker. The Bluetooth speaker market includes the following types of devices: AC-only Bluetooth speakers, DC-only Bluetooth speakers, and AC/DC Bluetooth speakers

Technavio’s analysts forecast the global bluetooth speaker market to grow at a CAGR of 32.81% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the the global bluetooth speaker market for 2016-2020. To calculate the market size, the report considers the generated from the sales of bluetooth speakers.The market is divided into the following segments based on geography:

  • Americas
  • EMEA
  • APAC
Technavio's report, Global Bluetooth Speaker Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Beats Electronics
  • Bose
  • Harman
  • Samsung
  • Sony
Other prominent vendors
  • Altec Lansing
  • Avnera
  • Braven
  • Cambridge SoundWorks
  • Creative Technology
  • Denon Electronics
  • Jawbone
  • JBL
  • JVC Kenwood
  • LG Electronics
  • Logitech International
  • Panasonic
  • Koninklijke Philips
  • Pioneer
  • Plantronics
  • Sennheiser
  • Sharp
  • Shure
  • Sonos
  • Supersonic
  • Voxx International
  • Yamaha
Market driver
  • Wireless streaming of audio content
  • For a full, detailed list, view our report
Market challenge
  • Easy availability of counterfeit products
  • For a full, detailed list, view our report
Market trend
  • Growing popularity of multi-room streaming
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bluetooth Speaker Market 2016-2020

Technavio recognizes the following companies as the key players in the global bluetooth speaker market:

Beats Electronics, Bose, Harman, Samsung, and Sony.

Other Prominent Vendors in the market are:

Altec Lansing, Avnera, Braven, Cambridge SoundWorks, Creative Technology, Denon Electronics, Jawbone, JBL, JVC Kenwood, LG Electronics, Logitech, Panasonic, Koninklijke Philips, Pioneer, Plantronics, Sennheiser, Sharp, Shure, Sonos, Supersonic, Voxx, and Yamaha.

Commenting on the report, an analyst from Technavio’s team said: “Growing popularity of multi-room streaming is a key trend in this market. The advent of networked audio means the removal of much of the efforts, expense, and time, as all the audio devices are wirelessly connected with technologies such as Bluetooth, Wi-Fi, or AirPlay. These technologies help separate a system’s physical and logical connections, which further means that a single network carries multiple channels, making it possible to make infrastructure changes relatively cheaply, quickly and inexpensively. The growing trend of maintaining speakers in all the rooms is expediting the growth of the Bluetooth speakers market.”

According to the report, wireless streaming of audio content is one of the major factors driving the sale of Bluetooth speakers globally. Modern devices like laptops, smartphones, and tablets are equipped with Wi-Fi and Bluetooth connectivity enabling impressive streaming of content, which is another driving factor supporting the growth of the bluetooth speaker market.

Further, the report states that the easy availability of counterfeit products is a major challenge faced by leading manufacturers. APAC is considered as the hub for counterfeit products. Consumers are attracted towards counterfeit products because of their popularity, easy availability, low cost, and resemblance to big brands. These attributes are likely to intensify the competition in the bluetooth speaker market.



Companies Mentioned

Beats Electronics, Bose, Harman, Samsung, Sony, Altec Lansing, Avnera, Braven, Cambridge SoundWorks, Creative Technology, Denon Electronics, Jawbone, JBL, JVC Kenwood, LG Electronics, Logitech, Panasonic, Koninklijke Philips, Pioneer, Plantronics, Sennheiser, Sharp, Shure, Sonos, Supersonic, Voxx, Yamaha.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • End-user segment
    • Base year
    • Vendor segmentation
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Home audio equipment market
      • Table Advantages and disadvantages of Bluetooth technology
  • Market landscape
    • Market overview
      • Table Overview of global Bluetooth speaker market
    • Product life cycle
      • Table Product life cycle of Bluetooth speakers 2015
    • Market size and forecast
      • Table Global Bluetooth speaker market 2015-2020 ($ billions)
      • Table Global Bluetooth speaker market 2015-2020 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Share of global Bluetooth speaker market in global home audio equipment market
    • Table Share of global Bluetooth speaker market in global home audio equipment market 2015
    • Table Market share growth comparison of global Bluetooth speaker market vs global home audio equipment market 2015-2020
  • Buying criteria
    • Table Buying criteria for Bluetooth speakers
  • Market segmentation by geography
    • Global Bluetooth speaker market by geography
      • Table Global Bluetooth speaker market by geography 2015 (% revenue)
      • Table Global Bluetooth speaker market by geography 2015 (% shipment)
      • Table Global Bluetooth speaker market by geography 2015-2020 (% revenue)
      • Table Global Bluetooth speaker market by geography 2015-2020 (% shipment)
    • Bluetooth speaker market in Americas
      • Table Bluetooth speaker market in Americas 2015-2020 ($ billions)
      • Table Bluetooth speaker market in Americas 2015-2020 (millions of units)
    • Bluetooth speaker market in EMEA
      • Table Bluetooth speaker market in EMEA 2015-2020 ($ billions)
      • Table Bluetooth speaker market in EMEA 2015-2020 (millions of units)
    • Bluetooth speaker market in APAC
      • Table Bluetooth speaker market in APAC 2015-2020 ($ billions)
      • Table Bluetooth speaker market in APAC 2015-2020 (millions of units)
  • Market attractiveness
    • Market attractiveness by geography
  • Key leading country
    • US
      • Table Bluetooth market in US 2016-2020 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Evolution of Bluetooth technology
  • Vendor landscape
    • Competitive scenario
    • Key leading vendors
      • Table ASP comparison of key leading vendors 2015
      • Table Harman International: Business segmentation
      • Table Samsung Electronics: Business segmentation
      • Table Sony: Business segmentation
    • Key highlights
      • Table Key highlights of leading vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviation
  • Explore Technavio

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