Lewes, DE -- (SBWIRE) -- 07/26/2016 -- Report forecast the global bluetooth speaker market to grow at a CAGR of 32.81% during the period 2016-2020.

Bluetooth speakers are wireless portable audio devices that receive audio signals over low-power radio waves instead of audio cables. For ideal exchange of data, the receiver should be within the defined range of wireless transfer capability of the speaker. The Bluetooth speaker market includes the following types of devices: AC-only Bluetooth speakers, DC-only Bluetooth speakers, and AC/DC Bluetooth speakers.

The report covers the present scenario and the growth prospects of the the global bluetooth speaker market for 2016-2020. To calculate the market size, the report considers the generated from the sales of bluetooth speakers.

The market is divided into the following segments based on geography:
- Americas
- EMEA
- APAC

According to the report, wireless streaming of audio content is one of the major factors driving the sale of Bluetooth speakers globally. Modern devices like laptops, smartphones, and tablets are equipped with Wi-Fi and Bluetooth connectivity enabling impressive streaming of content, which is another driving factor supporting the growth of the bluetooth speaker market.

Further, the report states that the easy availability of counterfeit products is a major challenge faced by leading manufacturers. APAC is considered as the hub for counterfeit products. Consumers are attracted towards counterfeit products because of their popularity, easy availability, low cost, and resemblance to big brands. These attributes are likely to intensify the competition in the bluetooth speaker market.

Global Bluetooth Speaker Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global bluetooth speaker market: Beats Electronics, Bose, Harman, Samsung, and Sony.

Other Prominent Vendors in the market are: Altec Lansing, Avnera, Braven, Cambridge SoundWorks, Creative Technology, Denon Electronics, Jawbone, JBL, JVC Kenwood, LG Electronics, Logitech, Panasonic, Koninklijke Philips, Pioneer, Plantronics, Sennheiser, Sharp, Shure, Sonos, Supersonic, Voxx, and Yamaha.

Market driver
- Wireless streaming of audio content
- For a full, detailed list, view our report

Market challenge
- Easy availability of counterfeit products
- For a full, detailed list, view our report

Market trend
- Growing popularity of multi-room streaming
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 55 pages and 30 Exhibit "Global Bluetooth Speaker Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market description, Share of global Bluetooth speaker market in global home audio equipment market, Buying criteria, Market segmentation by geography, Market attractiveness, Key leading country, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-bluetooth-speaker-market-2016-2020

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