Global Portable Bluetooth Speakers Market Significant Growth Foreseen by 2025
14-may-2019 The global portable bluetooth speakers market size is expected to reach USD 2.64 billion by 2025 recording a CAGR of 11.7%, according to a new report. Developments in home entertainment systems and advent of smart homes and AI- and Wi-Fi-enabled devices are projected to remain prominent trends in the market over the forecast years. Usage of streaming media and services on personal internet devices provide the convenience of music and videos on-the-go, which is also boosting the market for portable Bluetooth speakers. Shifting preference towards Wi-Fi-enabled devices owing to great compatibility is also expected to contribute to the growth. The technology provides clear sound through streaming media and internet radio. The emergence of devices with advanced features, such as multiple pairing of speakers over large connectivity range, is expected to promote the product. For instance, in August 2018, Sonos, Inc. launched its smart speaker. In January 2017, POLK AUDIO launc...