Industry Insight
The global waterproof Bluetooth speakers market analysis 2020 offers a steady compound annual growth rate (CAGR) from 2017 to 2023 of 23%, which is the forecast period. Market Research Future estimates the figures and reveals that the market will witness high growth prospects in the coming years with a valuation of USD 1.6 billion during the same period of years.
Top Impacting Factors
The capability of Bluetooth speakers to stream audio content wirelessly is one of the key factors driving the global demand for such speakers in the current time. With this, Bluetooth speakers are wireless and need minimal space, as compared to home theatres, which is also a reason why consumers are tending towards buying Bluetooth speakers. As Bluetooth speakers run on batteries, these are ideal for outdoor purposes. Other advantages of these speakers include increased durability, hassle-free maintenance, and useful functionalities, and this will spur the growth of the global waterproof bluetooth speakers market size in the period from 2017 to 2023.
The growing popularity of multi-room streaming and waterproof is a trend that is likely to stay and shall enhance the growth of the global waterproof Bluetooth speakers market. The introduction of waterproof networked audio devices has enabled most modern-day speakers to stream audio via Bluetooth. In fact, the mounting demand for having waterproof speakers everywhere has possibilities to drive the growth prospects of the waterproof Bluetooth speakers market in the future.
Vendors from all over the world in the waterproof bluetooth speakers market size are offering waterproof speakers that are well-suited with multiple operating systems such as iOS and Android operating systems. Multiple operating system compatibility capitalizes the sales revenue and expands the product variants globally. Also, supported by technological advancements, consumers can use smartphones and other internet-enabled electronic gadgets to control various utilities without limited by the operating system of the device. The growth of the waterproof speakers market is supported by the factor of compatibility of speakers with multiple operating systems the most that has increased revenue over the forecast period.
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Segmentation of Market: Waterproof Bluetooth Speakers
From the viewpoint of segmental analysis of global waterproof Bluetooth speakers, it has been included segments such as charging technology and application.
The charging technology segment is bifurcated among DC only, AC only, wireless charging, and AC/DC.
The application-based segment comprises educational, retail, offices, institutional, leisure, homes, and others. Smart classes are gradually gaining traction, owing to which demand for such Bluetooth speakers is on the rise in the educational sector. Also, the rise in the number of people with disposable income has a knock-on effect on the sale of Bluetooth speakers in homes and leisure section.
Regional Outlook
The global waterproof Bluetooth speaker market has studied among the regions of Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is currently spearheading the market with its sales. The growing number of smart homes in the U.S. and Canada has triggered the sale of Bluetooth speakers. Also, many manufacturers are based out of this region, and people here are open to adopting the latest technologies.
Europe has the second-largest market as the region is well equipped with well-structured industries and is advanced in terms of technology.
Even, the APAC region is anticipated to record the fastest growth rate. Countries like India and China with an enormous population base with a disposable income can spur the demand for the waterproof Bluetooth speaker during the estimated period.
Top Market Players
The top market players competing in the market are listed as AmazonBasics (U.S.), Skullcandy, Inc. (U.S.), Altec Lansing (U.S.), Ultimate Ears (U.S.), Logitech International SA (Switzerland), Braven (U.S.), JBL (U.S.), Sharkk (New Jersey), Fugoo Sport (U.S.) and Scosche (U.S.).
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About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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A new market study, titled “Global Waterproof Bluetooth Speakers Market Size, Status and Forecast to 2027” has been featured on Market Research Future.
The market research report evaluates its current value, size, performance, statistics and top impacting factors of Waterproof Bluetooth Speakers.
The global Waterproof Bluetooth Speakers market analysis 2020 offers a steady compound annual growth rate (CAGR) from 2017 to 2023 of 23%, which is the forecast period.The capability of Bluetooth speakers to stream audio content wirelessly is one of the key factors driving the global demand for such speakers in the current time.
Other advantages of these speakers include increased durability, hassle-free maintenance, and useful functionalities, and this will spur the growth of the global waterproof Bluetooth speakers market in the period from 2017 to 2023.
The mounting demand for having waterproof speakers everywhere has possibilities to drive the growth prospects of the waterproof Bluetooth speakers market in the future.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/3508Vendors from all over the world in the waterproof Bluetooth speakers market are offering waterproof speakers that are well-suited with multiple operating systems such as iOS and Android operating systems.
The top market players competing in the market are listed as AmazonBasics (U.S.), Skullcandy, Inc. (U.S.), Altec Lansing (U.S.), Ultimate Ears (U.S.), Logitech International SA (Switzerland), Braven (U.S.), JBL (U.S.), Sharkk (New Jersey), Fugoo Sport (U.S.) and Scosche (U.S.).Segmentation- Waterproof Bluetooth Speakers MarketSegmented by Charging Technology:DC onlyAC onlyWireless chargingAC/DCSegmented by Application: EducationalRetailOfficesInstitutionalLeisureHomes, and othersThe growing popularity of multi-room streaming and waterproof is a trend that is likely to stay and shall enhance the growth of the global waterproof Bluetooth speakers market.
Here are some of the best waterproof Bluetooth speakers.JBL Flip 5JBL Flip 5 is an excellent waterproof Bluetooth speaker available in the market.
It has a wide variety of colors and delivers excellent sound quality.
You can buy this powerful Bluetooth speaker for USD 120.Bose Soundlink ColorBose Soundlink Color is one of the best compact waterproof Bluetooth speakers.
It comes in six different colors and has a playtime of eight hours on a fully charged battery.
You can get this waterproof Bluetooth speaker for USD 130.COMISO Mini Pocket SpeakerThe COMISO Mini Pocket Speaker is another excellent waterproof Bluetooth speaker that can deliver great sound quality.
It comes with IPX5-level waterproofing and produces 5W sound.
Global Waterproof Bluetooth Speakers Market was conducted across a variety of businesses in various regions to produce a worthy report for our clientele.
The advanced report offers details on current and future growth trends as well as information on regions across the geographical landscape of the Waterproof Bluetooth Speakersmarket.
The study features estimates in terms of sales revenue and consumption from 2019 to 2024.
The report highlights key market expansions, industry and competitors’ challenges in gap analysis and new opportunities and key trends in the market.Some of the existing and emerging players being profiled are specified in this report including: Ultimate Ears (Logitech), Altec Lansing, Apple, Bose, Samsung (JBL), Denon, Sony, Yamaha, LG Electronics, Fugoo, Sharkk, Skullcandy, BravenDOWNLOAD FREE SAMPLE REPORT: https://www.mrinsights.biz/report-detail/194244/request-sampleThe report reveals comprehensive details regarding the supply and demand analysis, participation by major industry players and market share growth statistics of the business sphere.
The report contains an exhaustive analysis of this business space, along with a succinct overview of its various market segments.
A basic overview of the Waterproof Bluetooth Speakers market has been offered with respect to its present position and the industry size, based on revenue and volume.
Waterproof Speakers Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/8806 UpMarketResearch offers a latest published report on “Global Waterproof Speakers Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
