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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Wireless Speakers Market Trends
Wireless speakers are a type of sound device that is connected wirelessly through the home network Bluetooth to the smartphone, tablet, or laptop. This allows the user to play music through a wide range of devices and removes the limitation of connectivity created by wired connections.
Rising Development of Smart Homes
Smart homes are increasing in prevalence in developed countries such as the United States, Canada, and United Kingdom, among others, and smart speakers are an important part of it. It allows the user to relay spoken commands and communicate with other devices, which is a key factor for the growth of the market.
Expanding Trend of Waterproof Speakers
Waterproof wireless speakers are increasingly being used by people for commercial use, at home, during travel, and for other applications. The rising demand has propelled market players to increase the development and distribution of these speakers, which can positively impact the growth of the market.
Wireless Speakers Market Report Snapshots
Wireless Speakers Market Trends
Wireless Speaker Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market for wireless speakers reached a size of USD 28.85 billion.
The market is expected to grow at a CAGR of 24.10% during the period 2024-2032.
The market is expected to reach a value of USD 201.36 billion.
The market is driven by the increasing application of wi-fi speakers and smart speakers for smart homes and the increasing demand for waterproof Bluetooth speakers.
The implementation of advanced AI in smart speakers to execute commands and manage multiple devices and the expansion of 5G network provide significant market growth opportunities.
The regional markets for the global market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The different products in the market include Bluetooth speakers, Wi-Fi speakers, and smart speakers.
The end-users in the market include indoor and outdoor.
The key players in the market include Bose Corporation, Harman International Industries, Incorporated, Sony Group Corporation, Apple, Inc., LG Electronics, and Sonos, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124