Bluetooth Speakers Market in Europe to Grow Substantially with the Driving Demand until 2021

Published on : Feb 10, 2017

Albany, New York, February 10, 2017: One of the amazing innovations in wireless sound technology known as “Bluetooth speakers” is the focus of a new report added to the wide database of Market Research Hub (MRH). This study, titled “Europe Bluetooth Speakers Market Report 2017” provides an in-depth analysis of the Europe market, with a prime focus on some key regions including the UK, France, Italy, Germany, Spain, Russia and Benelux. Forecast period considered in the report is 2011 to 2021.

According to the study, there are a lot of factors and market trends which have been analyzed that are expected to expand the market growth with a double-digit CAGR in the coming few years. At present, growing obligation for mobility, rising demand of infotainment services, developments in technologies and growth in global population are some of the growth drivers boosting the market demand. Also, consumers in the above regions, continue to demand the ability to wirelessly transfer audio content from smartphones and additional devices via Bluetooth, which is the biggest driver for the European market.

Primarily, the report begins with the brief overview of Bluetooth speakers along with its scope, classification and applications. Bluetooth speakers are external speakers that can be used with the phone, mp3 player and even with your laptop and PC. Basically, they are different from Wi-Fi-based audio solutions. Additionally, they work on wireless technology that lets the user to send & receive archives and data without wire. Some of the major advantages of Bluetooth speakers are-

  • Bluetooth speakers are portable device, therefore, easy to use and can carry anywhere.
  • Bluetooth speakers usually consume very low power.
  • No installation issue.

Furthermore, the report has been categorized the Bluetooth speakers into Single speakers, Double-speakers and Multi-speakers. All of these offers several benefits which makes them popular among consumers. Nowadays, these speakers can also be used for entertainment purposes like parties and other celebrations. Considering its features and its efficiency, this kind of speaker is popular in the market and also the sales are increasing day by day.

In terms of geography, the report aims to provide information related to its price, revenue, sales and market share for every market player in the above-mentioned countries for the period of 2011 to 2016. Moreover, manufacturing cost analysis, industrial chain, marketing strategy analysis are also carried out in the report.

Click here to get more info with TOC in a PDF Format:

At present, the market players which have maintained a leading position in the market by providing best features within the Bluetooth speakers include:

  • Philips
  • JBL
  • Logitech
  • ViewSonic
  • NEC
  • Terratec
  • Edifier
  • Pioneer
  • BOSE

All of the primary players are trying to overcome the markets in evolving economies and are also adopting various strategies to increase their market share.

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