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 Bluetooth speakers or wireless speakers are the loudspeakers or ear pods/air dopes, which are connected wirelessly through Bluetooth (radio frequency waves). Bluetooth speakers, such as such as Alexa, Google Assistance, and Apple Home Pod, have helped people make their life effortless. These Bluetooth speakers are portable and provide ease to human life. Consumers are attracted toward Bluetooth speakers as they offer convenience and majority of consumers are shifting their interest toward Bluetooth speaker segment from wired speaker segment. The Bluetooth speakers are in demand not only by individual users but also by commercial users, as it is hassle-free and time saving gadget. These speakers have been proven clever and helped boost productivity. Distribution channels also played vital role in achieving market growth of Bluetooth speakers as it is easily available on online shopping platforms and digital stores. Bluetooth speakers are a key trend in the market as they are cheaper than Wi-Fi speakers.
 COVID-19 Impact Analysis
Innovation in Bluetooth speakers
 To serve an innovation in Bluetooth speakers, the key players focusing toward continuous R&D to enhance experience of consumers and come up with solution of fast charging technology in Bluetooth speakers. Consumers prefer blue tooth speakers over Wi-Fi or wired speakers as they support fast charging and get easily charged using power bank, laptops, or using any USB ports. This is one of the most important factors that drives the growth of the Bluetooth speaker market.Â
Attractive designs and offering of ease of connect
 Bluetooth speakers are available in different shapes and sleek designs such as sound bars and tube. They are easy to connect and supportable to smart television and offer new experience of smart homes and home theaters to its consumers. Bluetooth speakers are trendy in design and wireless in nature, which drive the growth of the Bluetooth speaker market.
Increase in popularity of wireless technology and product durability
Sudden increase in demand of wireless technology is a significant factor that fuels the growth of the Bluetooth speaker market. Bluetooth speakers are also a part of wireless technology, wired speakers such as earplugs wear out quickly as compared to Bluetooth air dopes/air pods, which increase durability of products. Furthermore, water resistance Bluetooth speakers are also available in the market that possess higher durability than wired speakers. This drives the growth of the Bluetooth speaker market.
Key Benefits of Report-
Questions Answered in the Report
Bluetooth Speaker Market Report Highlights
Aspects | Details |
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By Price Point |
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By End User |
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Key Market Players | Samsung Electronics Co.Ltd., Xiaomi Corp., OnePlus Technology Co. Ltd, LG Electronics Inc., Marshall Amplification PLC, Sony Group Corporation, Beats Electronics LLC, Imagine Marketing Services Pvt. Ltd.(boat)., Panasonic Corporation, Apple Inc |
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