The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Wireless Speakers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Wireless Speakers Market:
https://www.thebusinessresearchcompany.com/report/wireless-speakers-global-market-report
According to The Business Research Company’s Wireless Speakers Global Market Report 2024, The wireless speakers market size has grown exponentially in recent years. It will grow from $30.43 billion in 2023 to $37.69 billion in 2024 at a compound annual growth rate (CAGR) of 23.9%. The growth in the historic period can be attributed to rising demand for portable audio solutions, growing connectivity needs, increasing disposable income, lifestyle changes, social trends and gatherings. The wireless speakers market size is expected to see exponential growth in the next few years. It will grow to $90.65 billion in 2028 at a compound annual growth rate (CAGR) of 24.5%.
The increasing demand for smartphones is expected to drive the growth of the wireless speakers market in the future. Smartphones, which offer various functionalities including internet access, multimedia capabilities, and app-based applications, serve as primary audio sources for wireless speakers. These speakers enable users to stream music and other content from their smartphones via Bluetooth or Wi-Fi connections. For example, Uswitch Limited reported that the UK witnessed a 3.8% increase in mobile connections in 2022, reaching 71.8 million, with an estimated 95% of the UK population (about 65 million people) projected to own smartphones by 2025. Therefore, the rising popularity of smartphones is fueling the expansion of the wireless speakers market.
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The wireless speakers market covered in this report is segmented –
1) By Product: Bluetooth Speakers, Wifi-Speakers
2) By Type: Fixed, Portable
3) By End User: Residential, Commercial
Top Major Players
Apple Inc.,
Alphabet,
Samsung Electronics Co. Ltd.,
Panasonic Corporation.,
Telefónica
The wireless speakers market report table of contents includes:
1. Executive Summary
- Wireless Speakers Market Characteristics
- Wireless Speakers Market Trends And Strategies
- Wireless Speakers Market – Macro Economic Scenario
- Global Wireless Speakers Market Size and Growth
- Wireless Speakers Market Segmentation
- Wireless Speakers Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Wireless Speakers Market
- Wireless Speakers Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Wireless Speakers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Wireless Speakers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Wireless Speakers Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Apple Inc. Financial Performance
Table 75: Alphabet Financial Performance
Table 76: Samsung Electronics Co. Ltd Financial Performance
Table 77: Panasonic Corporation. Financial Performance
Table 78: Telefónica Financial Performance
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