PUBLISHER: TechNavio | PRODUCT CODE: 1074709
PUBLISHER: TechNavio | PRODUCT CODE: 1074709
Technavio has been monitoring the portable speaker market and it is poised to grow by $ 16.36 bn during 2022-2026, accelerating at a CAGR of 18.28% during the forecast period. Our report on the portable speaker market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in the number of smart homes, increasing innovations in wireless technology, and increasing adoption of wireless audio systems.
The portable speaker market analysis includes distribution channel and technology segments and geographic landscape.
Technavio's portable speaker market is segmented as below:
By Distribution Channel
By Technology
By Geographical Landscape
This study identifies the growing popularity of multi-room streaming as one of the prime reasons driving the portable speaker market growth during the next few years. Also, high R and D investments and the advent of cloud-hosted music streaming services will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on portable speaker market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable speaker market vendors that include Aliph Brands LLC, Altec Lansing Inc., Apple Inc., Bose Corp., Creative Technology Ltd., Koninklijke Philips NV, LG Electronics Inc., Logitech International SA, Masimo Corp., Panasonic Corp., Pioneer Corp., Plantronics Inc., Samsung Electronics Co. Ltd., Sennheiser electronic GmbH and Co. KG, Shure Inc., Skyworks Solutions Inc., Sony Group Corp., Truvison Industries Pvt. Ltd., Yamaha Corp., and ZAGG Inc.. Also, the portable speaker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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