Speaker Market in US – Industry Outlook and Forecast 2018-2023”
report has been added to ResearchAndMarkets.com’s
This market research report on US Bluetooth speaker market offers
analysis on market size & forecast, market share, industry trends,
growth drivers, and vendor analysis. The market study also includes
insights on segmentation by product (traditional speaker, waterproof
speaker, and rugged speaker), by price range (low-end, mid-range, and
premium), by end-user type (residential users and commercial users),
portability, and by distribution channel.
The increasing growth of the music industry and the introduction of
various streaming services such as Apple Music, Pandora, and Spotify is
contributing to the revenues in the US Bluetooth speaker market. The
rising adoption of subscription music services by end-users is
augmenting the growth of the US market. The growing investment in the
development of Bluetooth technology that helps vendors includes
additional features such as low power mode, HD data streaming, and
improvement in the range will boost the demand for these wireless
speakers in the US market. The introduction of industry grade
connectivity solutions, mesh networking technology, and rapid
advancements are some of the primary factors attributing to the growth
of US market.
The growing preference of connected and smart devices led to the
evolution of the market in the US. The leading vendors are leveraging
technologies to launch innovative products that offer features such as
waterproof and rugged devices to gain a larger US market share over the
next few years.
For more information about this report visit https://www.researchandmarkets.com/research/qtwb7s/bluetooth_speaker?w=4
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