Ultra-Portable Speakers Market: Wi-Fi Based Portable Speakers in High Demand Owing to the Advent of Artificial Intelligence Assistants

Published on : Nov 28, 2018

Albany, New York, November 28, 2018: A paradigm shift in technology through innovation along with the ubiquitous embracement of smartphones has invigorated the global ultra-portable speaker market. Nevertheless, ultra-portable speakers got a major boost by the ever-changing consumer preference. The introduction of high-resolution audio has further fuelled the market already boosted by the sale of waterproof speakers. Moreover, dynamic features such as high-resolution audio, compatibility with other devices, long battery backup and smaller size have made consumers to stream music at any place and at any time. These assimilations are according to the report titled “Global Market Study on Ultra-Portable Speakers: Residential Sector Expected to Remain Largest End User during the Forecast Period 2018-2026,” which has lately been included in the repository of Market Research Hub (MRH). The report delves into the coherent analysis on the ultra-portable speakers market.

The advent of Artificial Intelligence has had its impact in the ultra-portable speakers market.  AI assistants such as Amazon Alexa, Google’s Assistant Microsoft’s Cortana and Apple’s Siri have spurred the demand for Wi-Fi based portable speakers.

The huge prospect associated with the ultra-portable speakers market has caught the attention of eminent players in the market. May 2018 witnessed the launch of JBL GO2 by Harman International Industries. The novel product has next-generation audio quality, Bluetooth connectivity, is fully water proof.

Ultra-Portable Speakers Market: Report Content

The report delineates an in-depth analysis on the ultra-portable speakers market. In addition, the report focuses on the drivers of ultra-portable speakers market, restraints, opportunities and trends of the market.

The report incorporates a thorough analysis on aspects such as applications and developments of ultra-portable speakers. Further, the report peruses into the stakeholders’ strategies and imperatives for exceling in the business. Further, the market has been segmented on the basis of technology, end-user, distribution channel and region. With regards to technology, the market has been fragmented into Wi-Fi, Bluetooth and others. With respect to end-user, the market is segmented into residential and commercial. On the basis of distribution channel, the report covers organized retail, unorganized retail and online/e-commerce.

Regionally, the report includes North America, Latin America, Europe, South East Asia and other APAC countries, Japan, China and MEA. The final section has been dedicated to the competitive landscape to furnish clients with a dashboard view based on the value chain and industry portfolio. Besides, some of the prominent players in the market are Sony Corporation, Klipsch Group, Xmi Pte Ltd, to name a few.

The report begins with the executive summary followed by market introduction. Further, the report delves into macroeconomic factors, value chain and market size projections on the basis of Y-o-Y projections and absolute dollar opportunity analysis.

Ultra-Portable Speakers Market: Research Methodology

An exhaustive research methodology has been embraced with regards to providing a research approach incorporating of secondary and primary research. The insights in the report is the result of an in-depth secondary research, primary interviews and in-house reviews by panel of experts. One of the unique features of this report is that analysis has been done on the basis of absolute dollar opportunity which is often shunned while projecting the market.

The secondary research incorporates company websites, SEC filings and presentations by investors, industry white paper and statistical database. The primary research embodies face to face interviews, phonic interviews and e-mail interaction. To provide the readers with authentic report, a panel of expert analyzes the data collected from various sources.

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