Bluetooth Speakers Market Business Overview, Challenges by 2024 Bluetooth Speakers Market Business Overview 2024 | Page 2

Bluetooth Speakers Market
Rising need for mobile infotainment systems is a key driver for growing Bluetooth speakers market globally. The
rising disposable income, advancing wireless technology and rising smartphone penetration pushed the demand
for Bluetooth audio devices. Bluetooth speakers provide wireless audio streaming. These devices play media
from a content source (tablet, laptop, smartphone, or any Bluetooth enabled device). Most portable Bluetooth
devices include a rechargeable lithium polymer battery. These speakers are portable, easy to use & carry, and
install.
Based on type, Bluetooth speakers have been classified into portable and fixed. Portable speakers recorded large
volume sales globally, owing to its ergonomic design and advancement in audio technology. Also, improvement
in lithium-ion battery used in portable speakers provide long playback time, which has supported the demand
for these speakers. Growth of wireless connectivity and adoption of smartphones across the globe, also
contributed to the increased popularity of portable Bluetooth speakers.
Copyright © P&S Market Research