Wireless Speakers Market

Global Wireless Speakers Market Size, Trends & Analysis - Forecasts to 2029 By Connectivity Type (Bluetooth, Wi-Fi, and Smart Speakers), By Product Type (Standard, Soundbars, and Smart), By Price Range (Low, Medium, and Premium), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on June 17 2024 with the latest and most recent market numbers

Global Wireless Speakers Market Size

The global wireless speakers market is expected to grow at a CAGR of 25.0% from 2024 to 2029. Wireless speakers mainly use the same frequency signal as cordless phones i.e. 900 MHz. Increasing investment in the smart home is creating demand for portable speakers, this in turn augmenting market growth. Most wireless speakers are affordable and easy to use. In recent years, manufacturers have shifted towards wireless technology owing to the growing demand for advanced technology.

Most market vendors initially target millennial users who enjoy carrying their speakers around with them while listening to music. Companies such as Google and Amazon are increasingly targeting this audience. Vendors in the market are offering additional features like splash-resistant, water-resistant, etc. to attract more customers.

Vendors such as Sonos have launched a new streaming radio experience called Sonos Radio which is free and ad-supported in April 2020. This streaming radio brings over 60,000 stations from all over the world into the sound system which is driving the demand for wireless speakers. Some of the wireless smart speakers are Google Home Max, Amazon Echo Dot, JBL Link 3rd Gen, and AI-enabled smart speakers such as Google Home Max. In 2023, it was expected that the market for virtual personal assistant-enabled wireless speakers would cross USD 3.5 billion. Dixon Technologies in January 2022 signed a contract with Imagine Marketing, the well-known wearable electronics developer. Dixon will produce twin wireless speakers at its manufacturing plant in Noida in Uttar Pradesh.

global wireless speakers market

Global Wireless Speakers Market: By Connectivity Type

Based on connectivity type, the market is segmented into Bluetooth, Wi-Fi, and smart speakers. The Bluetooth segment is projected to hold the largest share of the market during the forecast period. Bluetooth speakers have been in high demand over the last few years due to the growing popularity of wireless speakers. This is attributed to their affordable price, as well as the consumer’s preference for smart and portable devices. TWS (True Wireless Connectivity) is a growing trend that allows two Bluetooth speakers to be connected at the same time, doubling the output. This is one of the main reasons why Bluetooth speakers are in high demand among millennial.

However, the Wi-Fi is expected to be the fastest-growing segment. Ongoing innovations in voice-first and complementing technologies are expected to fuel the Wi-Fi speaker segment growth. On the other hand, smart speakers are witnessing huge growth, owing to the increasing demand for smart speakers among end users all over the world. Smart speakers offer multiple connectivity options and thus provide choices to the end user.

Global Wireless Speakers Market: By Product Type

Based on product type, the market is segmented into standard, soundbars, and smart. In 2022, the standard speakers accounted for the largest market share and is expected to retain its dominance during the forecast period. The growth of the segment has been driven by high demand from Asia Pacific and Latin America region.

However, smart speakers are becoming increasingly popular due to their ease of access and affordability, as well as the presence of a number of domestic vendors. The popularity of smart speakers has also cannibalized the standard sound devices' market share. The first-party smart speaker is the most popular among the end users in China, South Korea, North America, and Europe. Many original equipment manufacturers (OEMs) in these regions have integrated voice assistants into their speakers. The popularity of the smart speaker has been driven by the growth and importance of vendors like Baidu (Baidu), Xiaomi (Xiaomi), Amazon (Amazon), Apple (Apple), and Google (Google).

Global Wireless Speakers Market: By Price Range

Based on price range, the market is segmented into low, medium, and premium. In 2022, the low segment has dominated the market and is expected to retain its dominance during the forecast period. However, as these devices are priced at a low price in the market, the overall revenue generation is less despite high unit shipment. Wireless speakers are portable and offer excellent sound quality. The low price of these models is expected to attract more consumers from the residential segment since these models are easy to use.

Mid-range models priced at USD 50–200 are witnessing increased adoption in the commercial and residential sectors. Portable mid-range Bluetooth speakers are not only limited to home but also during celebrations and festivities in backyards, pools, beaches, and parks. These devices can also be used for sports and other leisure activities. Premium wireless speakers are witnessing growth on account of consistency in sound, uniformity in coverage, built-in speakerphones, along with water-resistant and dust-resistant features, thereby increasing their popularity among consumers.

asia pacific wireless speakers market

Global Wireless Speakers Market: By Region

North America is expected to be the largest region in the global wireless speakers market. Technological advances have made wireless speakers more accurate in a variety of applications. Moreover, the region accounts for the early adoption of advanced technology which is again fostering market growth. According to the RIA (Recording Industry Association of America), paid subscription streaming music revenues in the United States recently rose to 82 million, up 13% from 73 million in 2021. The U.S. Census Bureau reported in January 2022 that smartphones in the United States sold for an additional USD 1.7 billion in fiscal year 2022, bringing the total sales value to USD 74.7 billion. This development in smartphones may further stimulate regional market growth.

Asia Pacific is expected to witness the fastest growth during the forecast period, owing to the expanding e-commerce market. E-commerce in China accounts for almost 50% of global transactions. E-commerce sales for portable Bluetooth speakers are expected to increase in China. The Japan market is projected to hold the highest CAGR over the forecast period.

Global Wireless Speakers Market Share and Competitor Analysis

Key players operating in the global wireless speakers market include Bose Corporation, Samsung Electronics Co. Ltd (Harman International Industries Inc.), Sonos Inc., Sony Corporation, Amazon.com Inc., Beats Electronics LLC (Apple Inc.), Koninklijke Philips NV, Logitech International, Panasonic Corporation, Pioneer Electronics Inc., Bang & Olufsen, LG Electronics Inc., Google LLC, Baidu Inc., and Xiaomi Corporation, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Wireless Speakers Market: Recent Developments

In July 2022, Sony Electronics Inc. announced the expansion of its portable speaker range with three new models: the powerful and high-performance SRS- XG300, the SRS- XE300, and the more spacious SRS- xE200.

In July 2022, Samsung Electronics Australia launched the “party audio” category with the introduction of its multi-purpose speaker range, the Sound Tower series. The three products in the range are the MX-ST 90B, the MX-ST 50B, and the MX-ST 40B. The Sound Tower is the perfect entertainment hub for casual gathering, karaoke night, and garden parties. Its bi-directionally sound disperses evenly and includes LED lights while still being portable.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL WIRELESS SPEAKERS MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2           Adjacent Market Opportunities

3.1.3           Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1           Market Drivers: Impact Analysis

3.2.2           Market Restraints: Impact Analysis

3.2.3           Market Opportunities: Impact Analysis

3.2.4           Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1           Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2           SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL WIRELESS SPEAKERS MARKET, BY CONNECTIVITY TYPE

4.1   Introduction

4.2   Wireless Speakers Market: Connectivity Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Bluetooth

4.4.1           Bluetooth Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Wi-Fi

4.6.1           Wi-Fi Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Smart Speakers

4.7.1           Smart Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL WIRELESS SPEAKERS MARKET, BY PRODUCT TYPE

5.1   Introduction

5.2   Wireless Speakers Market: Product Type Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Standard

5.4.1           Standard Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Soundbars

5.5.1           Soundbars Market Estimates and Forecast, 2021-2029 (USD Million)

5.6   Smart

5.6.1           Smart Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL WIRELESS SPEAKERS MARKET, BY PRICE RANGE

6.1   Introduction

6.2   Wireless Speakers Market: Price Range Scope Key Takeaways

6.3   Revenue Growth Analysis, 2023 & 2029

6.4   Low

6.4.1           Low Market Estimates and Forecast, 2021-2029 (USD Million)

6.5   Medium

6.5.1           Medium Market Estimates and Forecast, 2021-2029 (USD Million)

6.6   Premium

6.6.1           Premium Market Estimates and Forecast, 2021-2029 (USD Million)

7          GLOBAL WIRELESS SPEAKERS MARKET, BY REGION

7.1   Introduction

7.2   North America Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.1        By Connectivity Type

7.2.2        By Product Type

7.2.3        By Price Range

7.2.4        By Country

7.2.4.1     U.S. Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.4.1.1        By Connectivity Type  

7.2.4.1.2        By Product Type

7.2.4.1.3        By Price Range

7.2.4.2     Canada Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.4.2.1        By Connectivity Type  

7.2.4.2.2        By Product Type

7.2.4.2.3        By Price Range

7.2.4.3     Mexico Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.4.3.1        By Connectivity Type  

7.2.4.3.2        By Product Type

7.2.4.3.3        By Price Range

7.3   Europe Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.1        By Connectivity Type  

7.3.2        By Product Type

7.3.3        By Price Range

7.3.4        By Country

7.3.4.1     Germany Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.1.1        By Connectivity Type  

7.3.4.1.2        By Product Type

7.3.4.1.3        By Price Range

7.3.4.2     U.K. Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.2.1        By Connectivity Type  

7.3.4.2.2        By Product Type

7.3.4.2.3        By Price Range

7.3.4.3     France Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.3.1        By Connectivity Type  

7.3.4.3.2        By Product Type

7.3.4.3.3        By Price Range

7.3.4.4     Italy Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.4.1        By Connectivity Type  

7.3.4.4.2        By Product Type

7.2.4.4.3        By Price Range

7.3.4.5     Spain Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.5.1        By Connectivity Type  

7.3.4.5.2        By Product Type

7.2.4.5.3        By Price Range

7.3.4.6     Netherlands Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.6.1        By Connectivity Type  

7.3.4.6.2        By Product Type

7.2.4.6.3        By Price Range

7.3.4.7     Rest of Europe Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.7.1        By Connectivity Type  

7.3.4.7.2        By Product Type

7.2.4.7.3        By Price Range

7.4   Asia Pacific Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.1        By Connectivity Type  

7.4.2        By Product Type

7.4.3        By Price Range

7.4.4        By Country

7.4.4.1     China Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.1.1        By Connectivity Type  

7.4.4.1.2        By Product Type

7.4.4.1.3        By Price Range

7.4.4.2     Japan Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.2.1        By Connectivity Type  

7.4.4.2.2        By Product Type

7.4.4.2.3        By Price Range

7.4.4.3     India Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.3.1        By Connectivity Type  

7.4.4.3.2        By Product Type

7.4.4.3.3        By Price Range

7.4.4.4     South Korea Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.4.1        By Connectivity Type  

7.4.4.4.2        By Product Type

7.4.4.4.3        By Price Range

7.4.4.5     Singapore Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.5.1        By Connectivity Type  

7.4.4.5.2        By Product Type

7.4.4.5.3        By Price Range

7.4.4.6     Malaysia Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.6.1        By Connectivity Type  

7.4.4.6.2        By Product Type

7.4.4.6.3        By Price Range

7.4.4.7     Thailand Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.7.1        By Connectivity Type  

7.4.4.7.2        By Product Type

7.4.4.7.3        By Price Range

7.4.4.8     Indonesia Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.8.1        By Connectivity Type  

7.4.4.8.2        By Product Type

7.4.4.8.3        By Price Range

7.4.4.9     Vietnam Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.9.1        By Connectivity Type  

7.4.4.9.2        By Product Type

7.4.4.9.3        By Price Range

7.4.4.10  Taiwan Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.10.1 By Connectivity Type  

7.4.4.10.2 By Product Type

7.4.4.10.3 By Price Range

7.4.4.11  Rest of Asia Pacific Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.11.1 By Connectivity Type  

7.4.4.11.2 By Product Type

7.4.4.11.3 By Price Range

7.5   Middle East and Africa Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.1        By Connectivity Type  

7.5.2        By Product Type

7.5.3        By Price Range

7.5.4        By Country

7.5.4.1     Saudi Arabia Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.1.1        By Connectivity Type  

7.5.4.1.2        By Product Type

7.5.4.1.3        By Price Range

7.5.4.2     U.A.E. Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.2.1        By Connectivity Type  

7.5.4.2.2        By Product Type

7.5.4.2.3        By Price Range

7.5.4.3     Israel Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.3.1        By Connectivity Type  

7.5.4.3.2        By Product Type

7.5.4.3.3        By Price Range

7.5.4.4     South Africa Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.4.1        By Connectivity Type  

7.5.4.4.2        By Product Type

7.5.4.4.3        By Price Range

7.5.4.5     Rest of Middle East and Africa Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.5.1        By Connectivity Type  

7.5.4.5.2        By Product Type

7.5.4.5.2        By Price Range

7.6   Central and South America Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.1        By Connectivity Type  

7.6.2        By Product Type

7.6.3        By Price Range

7.6.4        By Country

7.6.4.1     Brazil Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.1.1        By Connectivity Type  

7.6.4.1.2        By Product Type

7.6.4.1.3        By Price Range

7.6.4.2     Argentina Eaporative Air Cooler Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.2.1        By Connectivity Type  

7.6.4.2.2        By Product Type

7.6.4.2.3        By Price Range

7.6.4.3     Chile Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.3.1        By Connectivity Type  

7.6.4.3.2        By Product Type

7.6.4.3.3        By Price Range

7.6.4.4     Rest of Central & South America Wireless Speakers Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.4.1        By Connectivity Type  

7.6.4.4.2        By Product Type

7.6.4.4.3        By Price Range

8          COMPETITIVE LANDCAPE

8.1   Company Market Share Analysis

8.2   Four Quadrant Positioning Matrix

8.2.1        Market Leaders

8.2.2        Market Visionaries

8.2.3        Market Challengers

8.2.4        Niche Market Players

8.3   Vendor Landscape

8.3.1        North America

8.3.2        Europe

8.3.3        Asia Pacific

8.3.4        Rest of the World

8.4   Company Profiles  

8.4.1        Bose Corporation

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2        Samsung Electronics Co. Ltd

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3        Sonos Inc.

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4        Sony Corporation

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5        Amazon.com Inc.

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6        Beats Electronics LLC (Apple Inc.)

8.4.6.1 Business Description & Financial Analysis

8.4.6.2 SWOT Analysis

8.4.6.3 Products & Services Offered

8.4.6.4 Strategic Alliances between Business Partners

8.4.7        Koninklijke Philips NV  

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8        Logitech International

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9        Panasonic Corporation

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10       Pioneer Electronics Inc.

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11      Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9          RESEARCH METHODOLOGY

9.1   Market Introduction

9.1.1        Market Definition

9.1.2           Market Scope & Segmentation

9.2   Information Procurement

9.2.1        Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2        Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3        Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4        Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3   Market Estimation

9.3.1        Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2        Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4   Data Triangulation

9.4.1        Data Collection

9.4.2           Time Series, Cross Sectional & Panel Data Analysis

9.4.3        Cluster Analysis

9.5   Analysis and Output

9.5.1           Inhouse AI Based Real Time Analytics Tool

9.5.2           Output From Desk & Primary Research

9.6   Research Assumptions & Limitations

9.7.1        Research Assumptions

9.7.2        Research Limitations

LIST OF TABLES

1 Global Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Mllion)

2 Bluetooth Market, By Region, 2021-2029 (USD Mllion)        

3 Wi-Fi Market, By Region, 2021-2029 (USD Mllion)     

4 Smart Speakers Market, By Region, 2021-2029 (USD Mllion)            

5 Global Wireless Speakers Market, By Product Type, 2021-2029 (USD Mllion)       

6 Standard Market, By Region, 2021-2029 (USD Mllion)

7 Soundbars Market, By Region, 2021-2029 (USD Mllion)

8 Smart Market, By Region, 2021-2029 (USD Mllion)

9 Global Wireless Speakers Market, By Price Range, 2021-2029 (USD Mllion)

10 Low Market, By Region, 2021-2029 (USD Mllion)       

11 Medium Market, By Region, 2021-2029 (USD Mllion)               

12 Premium Market, By Region, 2021-2029 (USD Mllion)

13 Regional Analysis, 2021-2029 (USD Mllion)

14 North America Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

15 North America Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

16 North America Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

17 North America Wireless Speakers Market, By Country, 2021-2029 (USD Million)

18 U.S Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

19 U.S Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

20 U.S Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

21 Canada Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

22 Canada Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

23 Canada Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

24 Mexico Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

25 Mexico Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

26 Mexico Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

27 Europe Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

28 Europe Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

29 Europe Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

30 Europe Wireless Speakers Market, By country, 2021-2029 (USD Million)

31 Germany Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

32 Germany Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

33 Germany Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

34 U.K. Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

35 U.K. Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

36 U.K. Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

37 France Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

38 France Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

39 France Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

40 Italy Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

41 Italy Wireless Speakers Market, By End Use , 2021-2029 (USD Million)

42 Italy Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

43 Spain Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

44 Spain Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

45 Spain Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

46 Rest Of Europe Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

47 Rest Of Europe Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

48 Rest of Europe Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

49 Asia Pacific Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

50 Asia Pacific Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

51 Asia Pacific Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

52 Asia Pacific Wireless Speakers Market, By Country, 2021-2029 (USD Million)

53 China Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

54 China Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

55 China Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

56 India Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

57 India Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

58 India Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

59 Japan Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

60 Japan Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

61 Japan Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

62 South Korea Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

63 South Korea Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

64 South Korea Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

65 Middle East and Africa Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

66 Middle East and Africa Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

67 Middle East and Africa Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

68 Middle East and Africa Wireless Speakers Market, By Country, 2021-2029 (USD Million)

69 Saudi Arabia Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

70 Saudi Arabia Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

71 Saudi Arabia Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

72 UAE Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

73 UAE Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

74 UAE Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

75 Central and South America Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

76 Central and South America Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

77 Central and South America Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

78 Central and South America Wireless Speakers Market, By Country, 2021-2029 (USD Million)

79 Brazil Wireless Speakers Market, By Connectivity Type , 2021-2029 (USD Million)

80 Brazil Wireless Speakers Market, By Product Type, 2021-2029 (USD Million)

81 Brazil Wireless Speakers Market, By Price Range, 2021-2029 (USD Million)

82 Bose Corporation: Products & Services Offering

83 Samsung Electronics Co. Ltd: Products & Services Offering         

84 Sonos Inc.: Products & Services Offering  

85 Sony Corporation: Products & Services Offering 

86 Amazon.com Inc.: Products & Services Offering    

87 BEATS ELECTRONICS LLC (APPLE INC.): Products & Services Offering               

88 Koninklijke Philips NV : Products & Services Offering       

89 Logitech International: Products & Services Offering      

90 Panasonic Corporation, Inc: Products & Services Offering           

91  Pioneer Electronics Inc.: Products & Services Offering  

92 Other Companies: Products & Services Offering    

LIST OF FIGURES

1 Global Wireless Speakers Market Overview

2 Global Wireless Speakers Market Value From 2021-2029 (USD Mllion)

3 Global Wireless Speakers Market Share, By Connectivity Type  (2023)

4 Global Wireless Speakers Market Share, By Product Type (2023)

5 Global Wireless Speakers Market Share, By Price Range (2023)

6 Global Wireless Speakers Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Wireless Speakers Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Wireless Speakers Market

11 Impact Of Challenges On The Global Wireless Speakers Market

12 Porter’s Five Forces Analysis

13 Global Wireless Speakers Market: By Connectivity Type  Scope Key Takeaways

14 Global Wireless Speakers Market, By Connectivity Type  Segment: Revenue Growth Analysis

15 Bluetooth Market, By Region, 2021-2029 (USD Mllion)

16 Wi-Fi Market, By Region, 2021-2029 (USD Mllion)

17 Smart Speakers Market, By Region, 2021-2029 (USD Mllion)

18 Global Wireless Speakers Market: By Product Type Scope Key Takeaways

19 Global Wireless Speakers Market, By Product Type Segment: Revenue Growth Analysis

20 Standard Market, By Region, 2021-2029 (USD Mllion)

21 Soundbars Market, By Region, 2021-2029 (USD Mllion)

22 Smart Market, By Region, 2021-2029 (USD Mllion)

23 Global Wireless Speakers Market: By Price Range Scope Key Takeaways

24 Global Wireless Speakers Market, By Price Range Segment: Revenue Growth Analysis

25 Low Market, By Region, 2021-2029 (USD Mllion)        

26 Premium Market, By Region, 2021-2029 (USD Mllion)

27 Medium Market, By Region, 2021-2029 (USD Mllion)

28 Regional Segment: Revenue Growth Analysis

29 Global Wireless Speakers Market: Regional Analysis

30 North America Wireless Speakers Market Overview

31 North America Wireless Speakers Market, By Connectivity Type  

32 North America Wireless Speakers Market, By Product Type

33 North America Wireless Speakers Market, By Price Range

34 North America Wireless Speakers Market, By Country

35 U.S. Wireless Speakers Market, By Connectivity Type  

36 U.S. Wireless Speakers Market, By Product Type

37 U.S. Wireless Speakers Market, By Price Range

38 Canada Wireless Speakers Market, By Connectivity Type  

39 Canada Wireless Speakers Market, By Product Type

40 Canada Wireless Speakers Market, By Price Range

41 Mexico Wireless Speakers Market, By Connectivity Type  

42 Mexico Wireless Speakers Market, By Product Type

43 Mexico Wireless Speakers Market, By Price Range

44 Four Quadrant Positioning Matrix

45 Company Market Share Analysis

46 Bose Corporation: Company Snapshot

47 Bose Corporation: SWOT Analysis

48 Bose Corporation: Geographic Presence

49 Samsung Electronics Co. Ltd: Company Snapshot

50 Samsung Electronics Co. Ltd: SWOT Analysis

51 Samsung Electronics Co. Ltd: Geographic Presence

52 Sonos Inc.: Company Snapshot

53 Sonos Inc.: SWOT Analysis

54 Sonos Inc.: Geographic Presence

55 Sony Corporation: Company Snapshot

56 Sony Corporation: Swot Analysis

57 Sony Corporation: Geographic Presence

58 Amazon.com Inc.: Company Snapshot

59 Amazon.com Inc.: SWOT Analysis

60 Amazon.com Inc.: Geographic Presence

61 Beats Electronics LLC (Apple Inc.): Company Snapshot

62 Beats Electronics LLC (Apple Inc.): SWOT Analysis

63 Beats Electronics LLC (Apple Inc.): Geographic Presence

64 Koninklijke Philips NV : Company Snapshot

65 Koninklijke Philips NV : SWOT Analysis

66 Koninklijke Philips NV : Geographic Presence

67 Logitech International: Company Snapshot

68 Logitech International: SWOT Analysis

69 Logitech International: Geographic Presence

70 Panasonic Corporation, Inc.: Company Snapshot

71 Panasonic Corporation, Inc.: SWOT Analysis

72 Panasonic Corporation, Inc.: Geographic Presence

73 Pioneer Electronics Inc.: Company Snapshot

74 Pioneer Electronics Inc.: SWOT Analysis

75 Pioneer Electronics Inc.: Geographic Presence

76 Other Companies: Company Snapshot

77 Other Companies: SWOT Analysis

78 Other Companies: Geographic Presence

The Global Wireless Speakers Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Wireless Speakers Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Wireless Speakers Market.

Wireless Speakers Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Wireless Speakers Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Wireless Speakers Market Share

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Frequently Asked Questions

The global Wireless Speakers market is expected to grow at a CAGR of 25.0% from 2024 to 2029.
Key players operating in the global Wireless Speakers market include Bose Corporation, Samsung Electronics Co. Ltd (Harman International Industries Inc.), Sonos Inc., Sony Corporation, Amazon.com Inc., Beats Electronics LLC (Apple Inc.), Koninklijke Philips NV, Logitech International, Panasonic Corporation, Pioneer Electronics Inc., Bang & Olufsen, LG Electronics Inc., Google LLC, Baidu Inc., and Xiaomi Corporation, among others.
The global market is expected to gain opportunities due to the increasing demand for smart speakers among the end users all over the world. Moreover, smart speakers are becoming increasingly popular due to their ease of access and affordability.
The growth drivers of the wireless speakers market include increasing investment in the smart home, growing preferences for portable speaker and technological advancements in the wireless speakers.

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