Portable Speakers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Mini, Pocket, Capsule, Others), By Connectivity (Bluetooth, Wi-Fi, Others), By Category (Mass, Premium), By Distribution Channel (Hypermarkets/Supermarkets, Multi-Branded Stores, Exclusive Stores, Others), By Region, By Competition, 2018-2028

Customization Enquiry

Buy Now

Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 6.74 Billion

CAGR (2023-2028)

11.9%

Fastest Growing Segment

Pocket

Largest Market

North America

 

Market Overview

Global Portable Speakers Market was valued at USD 6.74 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 11.9% through 2028. The portable speakers market is expected to continue to grow in the coming years, driven by the increasing popularity of streaming services, the growing adoption of smart speakers, and technological advancements. The market is also expected to benefit from the rising demand for smart speakers and the increasing popularity of outdoor activities. The rise of streaming services such as Spotify and Apple Music has made it easier for consumers to access their favorite music and podcasts on the go. This has led to an increased demand for portable speakers that can be used to listen to music and other audio content anywhere, anytime. Smart speakers such as Amazon Echo and Google Nest are becoming increasingly popular, as they offer a convenient way to control smart home devices and access information using voice commands. Many smart speakers also come with built-in speakers, but some consumers prefer to connect a separate portable speaker for better sound quality. Portable speakers are becoming more and more advanced, with features such as water resistance, dust resistance, and long battery life. This makes them ideal for use in a variety of environments, such as the beach, the pool, and the gym. The growing popularity of Bluetooth speakers among consumers is driving the need for portable speaker supplements. Many technical advancements are observed in the Bluetooth connectivity arena to further enhance quality and privacy. For example, Sonos changed its Bluetooth speaker in March 2022 and did away with the microphones on the original Sonos Roam speaker. This meant that the user could not utilize voice control or use it to control other smart home devices. Furthermore, the development of lithium-ion batteries, which provide longer playback without requiring regular charge, substantially aided the portable speaker business. By addressing charging issues and lightening the weight of speakers, power banks and quick charging technologies contributed to the increase in demand.

Key Market Drivers

Technological Advancements

Technological advancements have been a major driver of the portable speakers market. The evolution of technology in this sector has been remarkable, and it continues to push the boundaries of what portable speakers can achieve. One of the key technological advancements that have transformed the portable speaker industry is the miniaturization of components. Smaller and more powerful batteries, advanced audio drivers, and efficient amplifiers have made it possible for manufacturers to create smaller, more portable, and better-performing speakers. This miniaturization has also led to the development of true wireless speakers, which have become highly popular due to their convenience and portability.

Bluetooth technology is another crucial technological driver. Bluetooth speakers have become ubiquitous, and this wireless connectivity standard allows users to stream music from their devices seamlessly. Bluetooth has evolved over the years, offering better range, audio quality, and power efficiency. The adoption of Bluetooth Low Energy (BLE) has extended battery life, making it easier for users to enjoy music for longer periods on a single charge. Voice assistants have also made their way into portable speakers. Smart speakers equipped with virtual assistants like Amazon's Alexa and Google Assistant have gained immense popularity. These smart speakers offer not only audio playback but also voice-controlled convenience for tasks such as setting reminders, answering questions, and controlling other smart devices in the home.

The integration of AI and machine learning has further enhanced portable speakers' performance. These technologies enable devices to analyze the acoustic environment and optimize audio output, accordingly, creating a more immersive listening experience. AI-driven audio enhancements, such as noise cancellation and soundstage adjustments, have also become increasingly common.

Moreover, advancements in materials and design have improved the durability and sound quality of portable speakers. Water-resistant and ruggedized designs cater to outdoor and adventurous users, while high-quality materials contribute to better sound reproduction. In summary, technological advancements are a significant driver of the portable speakers market. Innovations in miniaturization, connectivity, voice assistants, AI, and materials have revolutionized the industry, offering consumers a wide range of choices and improved listening experiences.

Growing Demand for On-the-Go Audio

The growing demand for on-the-go audio has been a pivotal driver in the portable speakers market. As lifestyles become more mobile and people seek convenience in their everyday activities, portable speakers have become a must-have accessory for many. One of the key factors contributing to this demand is the rise in outdoor and recreational activities. People are increasingly engaging in activities like camping, hiking, picnicking, and beach trips, where traditional audio systems are impractical. Portable speakers offer a solution, providing a convenient way to enjoy music, podcasts, or audiobooks in outdoor settings.

Travel and tourism are also significant contributors to the demand for portable speakers. Whether it's a weekend getaway, a long road trip, or a vacation to a scenic destination, people want to take their music with them. Portable speakers are compact and easy to pack, making them a valuable companion for travelers. In addition to leisure activities, portable speakers have found their place in professional settings as well. Business professionals use them for presentations, conference calls, and meetings, as they provide a quick and easy way to amplify audio without the need for complicated setups.

Furthermore, the rise in remote work and e-learning has led to increased demand for portable speakers. Many people are working and studying from home, and a reliable audio setup is crucial for effective communication and learning. Portable speakers, often equipped with advanced microphone arrays, have become essential tools for remote workers and students. The demand for on-the-go audio has been further fueled by the popularity of music streaming services. With platforms like Spotify, Apple Music, and Amazon Music, people have access to vast libraries of music on their smartphones. Portable speakers serve as a bridge between these digital music libraries and listeners, enabling them to enjoy their favorite tracks wherever they go.

The growth of the gig economy and street performances has also given rise to a demand for portable amplification solutions. Musicians and street artists use portable speakers to amplify their performances, reaching larger audiences without the need for complex and heavy equipment. In conclusion, the increasing demand for on-the-go audio is a key driver in the portable speakers market. Factors such as outdoor activities, travel, remote work, e-learning, music streaming, and the gig economy contribute to the rising popularity of portable speakers as versatile and convenient audio companions.

 

Download Free Sample Report

Key Market Challenges

Intense Competition

One of the primary challenges in the portable speakers market is the intense competition among manufacturers and brands. The market has witnessed rapid proliferation, with numerous players vying for consumer attention. This competitive landscape poses several difficulties for businesses in the sector. First and foremost, competition exerts downward pressure on prices. As more manufacturers enter the market, they often engage in price wars to gain market share. While this benefits consumers by providing them with more affordable options, it can lead to lower profit margins for manufacturers and, in some cases, hinder their ability to invest in research and development or improve product quality.

Moreover, competition necessitates constant innovation. Manufacturers must stay ahead of the curve by introducing new features, designs, and technologies to differentiate themselves from their rivals. While this fosters innovation, it also increases the cost of development and can lead to a proliferation of features that may or may not be valuable to consumers. Market competition also leads to aggressive marketing and advertising efforts. Manufacturers invest heavily in advertising to stand out in a crowded field, which can be expensive. Smaller companies may struggle to compete on the same scale, making it challenging to establish brand recognition.

Another aspect of competition is the need for efficient distribution and channel management. Manufacturers must ensure that their products are readily available through various retail channels, both physical and online. This requires investments in logistics and partnerships with retailers, which can be complex and costly.

Counterfeiting is a significant issue in a competitive market. Some unscrupulous entities produce counterfeit products that imitate the appearance and branding of reputable brands. These counterfeit products may lack quality, potentially damaging the reputation of genuine manufacturers and posing a safety risk to consumers. In summary, intense competition is a major challenge in the portable speakers market, impacting pricing, innovation, marketing, distribution, and the proliferation of counterfeit products. Manufacturers must navigate this competitive landscape to thrive in the industry.

Shrinking Product Lifecycles

The rapidly shrinking product lifecycles in the portable speakers market present a significant challenge for manufacturers. Advances in technology and consumer demand for the latest features and designs contribute to this phenomenon. One of the primary reasons for shortened product lifecycles is the rapid pace of technological innovation. Manufacturers must continually develop new products to stay competitive, and this often leads to the obsolescence of existing models. For consumers, this means that the speaker they purchased just a few years ago may no longer be considered up-to-date in terms of features or performance.

Consumer expectations also play a role in this challenge. In a market characterized by constant innovation, consumers often expect the latest features and capabilities in their portable speakers. This can lead to a "churn and burn" mentality, where users replace their speakers frequently to keep up with technological advancements. As a result, older models become less desirable, impacting their resale value and leading to electronic waste. The emergence of trends and fads can have a significant impact on product lifecycles. A particular feature or design aesthetic may become fashionable for a short period, driving consumer demand for products that incorporate these trends. However, these trends can quickly wane, leaving manufacturers with unsold inventory and a need to pivot to new designs and features.

Moreover, the influence of user reviews and online communities can shorten product lifecycles. Negative reviews or feedback can quickly harm the reputation of a product, prompting manufacturers to address issues or discontinue the model. Positive reviews, on the other hand, can lead to surges in demand, but sustaining that demand is challenging as newer models are introduced. Shorter product lifecycles can lead to increased costs for manufacturers. They must invest more in research and development, design, marketing, and inventory management to keep up with the pace of change. Additionally, there is often a need to manage legacy products and provide customer support for discontinued models. In conclusion, the shrinking product lifecycles in the portable speakers market are driven by rapid technological innovation, evolving consumer expectations, trends, and online feedback. Manufacturers must adapt to this challenge by continually developing new products and managing the impact on their operations and resources.

Key Market Trends

Wireless Connectivity and Multi-Device Integration

Wireless connectivity and multi-device integration have become foundational trends in the portable speakers market. These trends are fueled by the need for convenient, flexible, and seamless audio solutions that align with modern consumers' connected lifestyles. A central driver of this trend is the widespread adoption of Bluetooth technology. Bluetooth-enabled portable speakers have become ubiquitous, allowing users to wirelessly connect their smartphones, tablets, and other devices. Bluetooth has evolved, offering improved range, stability, and power efficiency, making it easier for users to pair their devices with speakers effortlessly.

Furthermore, portable speakers are increasingly designed to function within larger multi-device ecosystems. Smart home setups frequently include portable speakers that can be seamlessly integrated with other smart devices. This integration enables users to control their speakers through voice commands or smartphone apps and synchronize audio playback across multiple rooms. Voice assistants play a pivotal role in multi-device integration. Smart speakers equipped with virtual assistants like Amazon's Alexa, Google Assistant, and Apple's Siri have gained immense popularity. These smart speakers serve as hubs for controlling various smart devices in the home. Users can use voice commands to play music, set reminders, control lighting, and interact with other connected devices, creating a more cohesive and interconnected living environment.

The integration of voice assistants has also led to the emergence of voice-activated portable speakers. These devices allow users to control music playback, access information, set reminders, and interact with other smart devices through voice commands, enhancing convenience and accessibility. Moreover, some portable speakers are designed for multi-room audio setups. Users can synchronize multiple speakers throughout their home, enabling a consistent audio experience in different rooms. This trend empowers users to create an immersive and flexible audio environment that caters to diverse listening preferences and activities.

Advanced Audio Technologies

The portable speakers market is experiencing a surge in advanced audio technologies, revolutionizing the industry by delivering superior sound quality and immersive audio experiences to consumers. One of the key advancements in this trend is the use of high-quality audio drivers. Portable speaker manufacturers are increasingly incorporating custom-designed drivers that offer clear, balanced sound with deep bass and crisp treble. Paired with efficient amplifiers, these drivers enable robust audio performance in compact speaker designs.

Furthermore, noise-canceling technology has had a significant impact on portable speakers. Active noise-canceling (ANC) speakers utilize advanced algorithms and built-in microphones to analyze ambient sounds and generate sound waves that cancel out noise, leading to a more immersive listening experience. ANC is particularly valuable for users seeking to enjoy music or podcasts in noisy environments, such as airplanes or crowded public spaces. To further enhance audio quality, many portable speakers are now equipped with aptX and LDAC audio codecs. These codecs ensure high-resolution audio streaming, offering greater detail and fidelity in music playback. Users with high-quality audio files and aptX or LDAC compatible devices can experience audio that is closer to the original recording.

Another notable trend is the integration of Artificial Intelligence (AI) and machine learning for audio optimization. Portable speakers equipped with AI can analyze the acoustic environment and adapt audio output in real-time to provide the best listening experience. This includes automatic adjustments to soundstage, equalization, and volume based on the speaker's location and surroundings. In addition, some portable speakers are designed with 360-degree sound dispersion, ensuring that audio is evenly distributed in all directions. This feature creates a more immersive and room-filling sound, making the speaker suitable for open spaces and social gatherings. High-resolution audio support is also gaining prominence in the market. Many portable speakers are now capable of reproducing high-definition audio formats, such as FLAC and DSD, delivering music with exceptional detail and clarity.

Segmental Insights

Type Insights

The Portable Speakers market segmentation, based on product, includes a mini, pocket, capsule, and others. The mini segment dominated the market and is expected to show a significant rise in CAGR due to convenience of use and carrying while traveling. Other than this, the capsule and pocket segment are expected to rise since it is easily portable and comes in capsule sizes that are pocket friendly.

Connectivity Insights

Based on connectivity, the market is segmented into Bluetooth, Wi-Fi, Others. Amon which Bluetooth speakers are the most popular type of portable speaker, accounting for the largest share of the market. This is because Bluetooth speakers offer a convenient way to connect to smartphones and other devices. Bluetooth speakers are also available in a wide range of prices and features, making them accessible to a wide range of consumers.

Download Free Sample Report

Regional Insights

The North American Portable Speakers market area will dominate this market, owing to higher demand for music streaming in major countries like US and Canada. The growing rate of sales of products like smartphones, tablets, laptops, and other portable devices is enhancing the regional market of this Region. North America has a relatively high disposable income, which means that consumers have more money to spend on discretionary items such as portable speakers. North America is typically among the first regions to adopt new technologies, and portable speakers are no exception. This is due to a number of factors, including the high level of education and the widespread availability of broadband internet. The growing popularity of outdoor activities in North America is leading to an increased demand for portable speakers that can be used outdoors. These speakers are typically water-resistant and dust-resistant, making them ideal for use in a variety of environments.

Recent Developments

In 2023 - Bose Corporation declared its intention to sell the Bose Professional Division to the private equity company Transom Capital Group. Transom Capital Group will assume control of Bose Professional's conference and commercial installation operations. During this shift, Bose Professional will get concentrated attention to support its professional audio customers and continue to develop innovative products and innovations for the market.

In 2022 - With the release of WONDERBOOM 3, Logitech's Ultimate Ears brand announced that its product portfolio will be expanding. Constructed with 100% recyclable polyester fabric—which includes a significant 31% post-consumer recycled plastic—this speaker offers a circular soundstage with 14 hours of full-stereo boom and deep bass. It is dustproof, waterproof, and has an IP67 classification, which allows it to float in a swimming pool.

Key Market Players

  • Polk Audio, LLC
  • Sonos Inc.
  • HARMAN International
  • Bose Corporation
  • Sony Group Corporation
  • Marshall Group AB
  • SoundWorks, Inc.
  • Logitech Europe, Inc.
  • Plantronics Inc.
  • VOXX International Corporation

 By Type

By Connectivity

By Category

By Distribution Channel

By Region
  • Mini
  • Pocket
  • Capsule
  • Others

 
  • Bluetooth
  • Wi-Fi
  • Others
  • Mass
  • Premium
  • Hypermarkets/Supermarkets
  • Multi-Branded Stores
  • Exclusive Stores
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Portable Speakers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Portable Speakers Market, By Type:

o   Mini

o   Pocket

o   Capsule

o   Others

  • Portable Speakers Market, By Connectivity:

o   Bluetooth

o   Wi-Fi

o   Others

  • Portable Speakers Market, By Category:

o   Mass

o   Premium

  • Portable Speakers Market, By Distribution Channel:

o   Hypermarkets/Supermarkets

o   Multi-Branded Stores

o   Exclusive Stores

o   Others

  • Portable Speakers Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Portable Speakers Market.

Available Customizations:

Global Portable Speakers market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Portable Speakers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decisions

4.3.  Challenges Faced

5.    Global Portable Speakers Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Mini, Pocket, Capsule, Others)

5.2.2.    By Connectivity Market Share Analysis (Bluetooth, Wi-Fi, Others)

5.2.3.    By Category Market Share Analysis (Mass, Premium)

5.2.4.    By Distribution Channel Market Share Analysis (Hypermarkets/Supermarkets, Multi-Branded Stores, Exclusive Stores, Others)

5.2.5.    By Regional Market Share Analysis

5.2.5.1.        North America Market Share Analysis

5.2.5.2.        South America Market Share Analysis

5.2.5.3.        Middle East & Africa Market Share Analysis

5.2.5.4.        Europe Market Share Analysis

5.2.5.5.        Asia-Pacific Market Share Analysis

5.2.6.    By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Portable Speakers Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Connectivity Market Mapping & Opportunity Assessment

5.3.3.    By Category Market Mapping & Opportunity Assessment

5.3.4.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.5.    By Region Channel Market Mapping & Opportunity Assessment

6.    North America Portable Speakers Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Connectivity Market Share Analysis

6.2.3.    By Category Market Share Analysis

6.2.4.    By Distribution Channel Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Portable Speakers Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value & Volume

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type Market Share Analysis

6.3.1.2.2.           By Connectivity Market Share Analysis

6.3.1.2.3.           By Category Market Share Analysis

6.3.1.2.4.           By Distribution Channel Market Share Analysis

6.3.2.    Canada Portable Speakers Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value & Volume

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type Market Share Analysis

6.3.2.2.2.           By Connectivity Market Share Analysis

6.3.2.2.3.           By Category Market Share Analysis

6.3.2.2.4.           By Distribution Channel Market Share Analysis

6.3.3.    Mexico Portable Speakers Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value & Volume

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type Market Share Analysis

6.3.3.2.2.           By Connectivity Market Share Analysis

6.3.3.2.3.           By Category Market Share Analysis

6.3.3.2.4.           By Distribution Channel Market Share Analysis

7.    Europe Portable Speakers Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Connectivity Market Share Analysis

7.2.3.    By Category Market Share Analysis

7.2.4.    By Distribution Channel Market Share Analysis

7.3.  Europe: Country Analysis

7.3.1.    Germany Portable Speakers Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type Market Share Analysis

7.3.1.2.2.           By Connectivity Market Share Analysis

7.3.1.2.3.           By Category Market Share Analysis

7.3.1.2.4.           By Distribution Channel Market Share Analysis

7.3.2.    United Kingdom Portable Speakers Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type Market Share Analysis

7.3.2.2.2.           By Connectivity Market Share Analysis

7.3.2.2.3.           By Category Market Share Analysis

7.3.2.2.4.           By Distribution Channel Market Share Analysis

7.3.3.    Italy Portable Speakers Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value & Volume

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Type Market Share Analysis

7.3.3.2.2.           By Connectivity Market Share Analysis

7.3.3.2.3.           By Category Market Share Analysis

7.3.3.2.4.           By Distribution Channel Market Share Analysis

7.3.4.    France Portable Speakers Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type Market Share Analysis

7.3.4.2.2.           By Connectivity Market Share Analysis

7.3.4.2.3.           By Category Market Share Analysis

7.3.4.2.4.           By Distribution Channel Market Share Analysis

7.3.5.    Spain Portable Speakers Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type Market Share Analysis

7.3.5.2.2.           By Connectivity Market Share Analysis

7.3.5.2.3.           By Category Market Share Analysis

7.3.5.2.4.           By Distribution Channel Market Share Analysis

8.    Asia-Pacific Portable Speakers Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Connectivity Market Share Analysis

8.2.3.    By Category Market Share Analysis

8.2.4.    By Distribution Channel Market Share Analysis

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Portable Speakers Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type Market Share Analysis

8.3.1.2.2.           By Connectivity Market Share Analysis

8.3.1.2.3.           By Category Market Share Analysis

8.3.1.2.4.           By Distribution Channel Market Share Analysis

8.3.2.    India Portable Speakers Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type Market Share Analysis

8.3.2.2.2.           By Connectivity Market Share Analysis

8.3.2.2.3.           By Category Market Share Analysis

8.3.2.2.4.           By Distribution Channel Market Share Analysis

8.3.3.    Japan Portable Speakers Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type Market Share Analysis

8.3.3.2.2.           By Connectivity Market Share Analysis

8.3.3.2.3.           By Category Market Share Analysis

8.3.3.2.4.           By Distribution Channel Market Share Analysis

8.3.4.    South Korea Portable Speakers Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value & Volume

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type Market Share Analysis

8.3.4.2.2.           By Connectivity Market Share Analysis

8.3.4.2.3.           By Category Market Share Analysis

8.3.4.2.4.           By Distribution Channel Market Share Analysis

8.3.5.    Australia Portable Speakers Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value & Volume

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type Market Share Analysis

8.3.5.2.2.           By Connectivity Market Share Analysis

8.3.5.2.3.           By Category Market Share Analysis

8.3.5.2.4.           By Distribution Channel Market Share Analysis

9.    South America Portable Speakers Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Connectivity Market Share Analysis

9.2.3.    By Category Market Share Analysis

9.2.4.    By Distribution Channel Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Portable Speakers Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type Market Share Analysis

9.3.1.2.2.           By Connectivity Market Share Analysis

9.3.1.2.3.           By Category Market Share Analysis

9.3.1.2.4.           By Distribution Channel Market Share Analysis

9.3.2.    Argentina Portable Speakers Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type Market Share Analysis

9.3.2.2.2.           By Connectivity Market Share Analysis

9.3.2.2.3.           By Category Market Share Analysis

9.3.2.2.4.           By Distribution Channel Market Share Analysis

9.3.3.    Colombia Portable Speakers Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type Market Share Analysis

9.3.3.2.2.           By Connectivity Market Share Analysis

9.3.3.2.3.           By Category Market Share Analysis

9.3.3.2.4.           By Distribution Channel Market Share Analysis

10. Middle East and Africa Portable Speakers Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Connectivity Market Share Analysis

10.2.3. By Category Market Share Analysis

10.2.4. By Distribution Channel Market Share Analysis

10.3.             MEA: Country Analysis

10.3.1. South Africa Portable Speakers Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type Market Share Analysis

10.3.1.2.2.         By Connectivity Market Share Analysis

10.3.1.2.3.         By Category Market Share Analysis

10.3.1.2.4.         By Distribution Channel Market Share Analysis

10.3.2. Saudi Arabia Portable Speakers Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type Market Share Analysis

10.3.2.2.2.         By Connectivity Market Share Analysis

10.3.2.2.3.         By Category Market Share Analysis

10.3.2.2.4.         By Distribution Channel Market Share Analysis

10.3.3. UAE Portable Speakers Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type Market Share Analysis

10.3.3.2.2.         By Connectivity Market Share Analysis

10.3.3.2.3.         By Category Market Share Analysis

10.3.3.2.4.         By Distribution Channel Market Share Analysis

10.3.4. Turkey Portable Speakers Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value & Volume

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type Market Share Analysis

10.3.4.2.2.         By Connectivity Market Share Analysis

10.3.4.2.3.         By Category Market Share Analysis

10.3.4.2.4.         By Distribution Channel Market Share Analysis

10.3.5. Egypt Portable Speakers Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value & Volume

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type Market Share Analysis

10.3.5.2.2.         By Connectivity Market Share Analysis

10.3.5.2.3.         By Category Market Share Analysis

10.3.5.2.4.         By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Market Trends & Developments

13. SWOT Analysis

13.1.            Strength

13.2.            Weakness

13.3.            Opportunity

13.4.            Threat

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. Polk Audio, LLC

14.1.1.1.     Company Details

14.1.1.2.     Products & Services

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Sonos Inc.

14.1.2.1.     Company Details

14.1.2.2.     Products & Services

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. HARMAN International

14.1.3.1.     Company Details

14.1.3.2.     Products & Services

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Bose Corporation

14.1.4.1.     Company Details

14.1.4.2.     Products & Services

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Sony Group Corporation

14.1.5.1.     Company Details

14.1.5.2.     Products & Services

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Marshall Group AB

14.1.6.1.     Company Details

14.1.6.2.     Products & Services

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. SoundWorks, Inc.

14.1.7.1.     Company Details

14.1.7.2.     Products & Services

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Logitech Europe, Inc.

14.1.8.1.     Company Details

14.1.8.2.     Products & Services

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Plantronics Inc.

14.1.9.1.     Company Details

14.1.9.2.     Products & Services

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              VOXX International Corporation

14.1.10.1.  Company Details

14.1.10.2.  Products & Services

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations

15.1.            Key Focus Areas

15.2.            Target Type

15.3.            Target Distribution Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Global Portable Speakers Market was estimated to be USD 6.74 billion in 2022.

down-arrow

The mini segment dominated the market and is expected to show a significant rise in CAGR due to convenience of use and carrying while traveling.

down-arrow

North America dominated the market with a revenue share in 2022, owing to higher demand for music streaming in major countries like US and Canada. The growing rate of sales of portable devices is enhancing the regional market of this Region

down-arrow

Widespread availability of online streaming services, increasingly convenient for consumers to utilize portable speakers are the major drivers for the Global Portable Speakers Market.

Related Reports

profile

Parvati Sharma

Account Manager BD
Press Release

Portable Speakers Market to Grow with a CAGR of 11.9% Globally through to 2028

Dec, 2023

Rising demand for smart speakers and the increasing popularity of outdoor activities are factors driving the global portable speakers market in the forecast period 2024-2028.

Why Choose Us