How big is the Bluetooth speaker market?

How big is the Bluetooth speaker market?

The global portable bluetooth speakers market size was estimated at USD 1.31 billion in 2019 and is expected to reach USD 1.44 billion in 2020….

Report Attribute Details
Market size value in 2020 USD 1.44 billion
Revenue forecast in 2025 USD 2.63 billion
Growth Rate CAGR of 11.7% from 2019 to 2025

How big is the speaker market?

According to Verified Market Research, the Global Smart Speaker Market size was valued at USD 6.42 Billion in 2020 and is projected to reach USD 61.87 Billion by 2028, growing at a CAGR of 32.75% from 2021 to 2028.

How many Bluetooth speakers are sold per year?

71 million
Smart wireless speakers, which are usually both Bluetooth- and Wi-Fi-enabled, are projected to gain greater market share – of the 71 million wireless speakers forecast to be sold in 2019, around 44 million of them will be smart speakers….

Characteristic Factory level sales in million U.S. dollars

Who is the target market for Bluetooth speakers?

Target Audience of Bluetooth Speaker Market: – Traders, Distributors, Wholesalers, Retailers, Importers, and Exporters. – Association and government bodies.

How could the market for a wireless music sound system be segmented?

The Wireless Audio Device Market is Segmented by Technology (Bluetooth, Airplay, Wi-Fi), Product (Sound Bars, Wireless Speakers, Wireless Headsets and Microphones), Application (Consumer, Commercial, Automotive,) and Geography.

How large is the smart speaker market?

The global smart home market size is expected to reach USD 152 billion by 2026 growing at a CAGR of 18% over the forecast period. The global smart sensors market is expected to grow at a CAGR of around 19.5% from 2020 to 2027 and expected to reach the market value of around US$ 88.9 Bn by 2027.

What is the market for speaker?

Speaker Market Size And Forecast. Speaker Market size was valued at USD 6.93 Billion in 2020 and is projected to reach USD 25.55 Billion by 2028, growing at a CAGR of 17.40% from 2021 to 2028.

How many smart speakers sold 2021?

In terms of smart speaker design in the U.S. market, there were about 14 million smart speakers with a display shipped in 2021, down from about 17.5 million in 2020.

What company sells the most speakers?

Amazon is the leading vendor in the global smart speaker market, having a market share of 26.4 percent in the third quarter of 2021.

Are smart speakers still popular?

The prevalence of these smart speaker devices in households worldwide has been growing steadily in line with the rising popularity of smart home technology. By 2021 the number of global smart speaker shipments was projected to reach 186 million, with shipments likely to surpass 200 million annually in 2022 or 2023.

How many speakers are sold in a year?

According to the Consumer Technology Association, wireless speaker sales in the United States increased from 17.75 million units in 2015 to 71.11 million units in 2019, which was a considerable rise.

How popular are smart speakers?