Ultra-Portable Speakers Market Segmented By Bluetooth, Wi-Fi Technology for Residential and Commercial in Organized retail, Unorganized retail, Online and ecommerce
Ultra-Portable Speakers Market
In 2022, the market for ultra-portable speakers was estimated to be worth US$ 2,211.5 million; by the end of 2033, it is anticipated to be worth US$ 9,065.0 million. From 2023 to 2033, the ultra-portable speaker market is anticipated to develop at a CAGR of 13.8%, valued at US$ 2,481.3 Mn in 2023.
An ultra-portable speaker is a kind of battery-powered audio device. These speakers are portable and light enough for consumers to carry. Many important reasons, such as changing customer preferences, technical development and innovation, and rising smartphone usage, are propelling the global ultra-portable speaker market. Consumers are increasingly adopting these speakers as a fashion or style statement, especially young adults. Due to its potent sound and straightforward connectivity, ultra-portable speakers’ market will keep growing in the future.
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Ultra-Portable Speakers Market Size (2023) |
US$ 2,481.3 Mn |
Projected Market Value (2033) |
US$ 9,065.0 Mn |
Global Market Growth Rate (2023-2033) |
13.8% |
Bluetooth Ultra-Portable Speakers Segment Market Share (2022) |
42.8% |
India Market Growth Rate (2022) |
14.7% |
Organized Retail Sales of Ultra-Portable Speakers Segment Market Share (2022) |
38.3% |
Key Takeaways from Market Study
“Technological innovations are expected to play a crucial role in the development of smart ultra-portable speakers and influence overall market stance,” says a Persistence Market Research analyst.
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Competitive Landscape
The global market for ultra-portable speakers has some major players that dominate the overall landscape, but the market still has a lot of untapped potential, which new players in the industry can focus on and gain recognition.
Some of the key market players included in the report are Anker Innovations Limited, Beats Electronics LLC, Bose Corporation, Harman International Industries, Klipsch Group Inc., Sony Corporation, Xmi Pte. Ltd., Koninklijke Philips N.V., Samsung Electronics, and ULTIMATE EARS.
The aforementioned key players have a notable contribution to the industry in terms of sales and revenue share.
Key Segments of Ultra-Portable Speakers Market Research
By Technology:
By Distribution Channel:
By End User:
By Region:
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services.
Jun 16, 2023
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