North America Portable Bluetooth Speaker Market Size & Outlook
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North America portable bluetooth speaker market highlights
- The North America portable bluetooth speaker market generated a revenue of USD 3,813.2 million in 2023.
- The market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,813.2 million |
| Market revenue in 2030 | USD 7,621.2 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial, Residential |
| Key market players worldwide | Harman International, Bose Corporation, Sony Group Corp, Apple Inc, Bang & Olufsen A/S, Logitech International SA, Plantronics, VOXX International Corp Class A, Fuyao Glass Industry Group Co Ltd Shs -H- Unitary 144A/Reg S |
Other key industry trends
- In terms of revenue, North America region accounted for 29.5% of the global portable bluetooth speaker market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,285.4 million by 2030.
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Portable Bluetooth Speaker Market Scope
Portable Bluetooth Speaker Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fuyao Glass Industry Group Co Ltd Shs -H- Unitary 144A/Reg S | View profile | 32721 | Fuyao Industrial Zone II, Fujian Province, Fuqing, China, People's Republic of, 350301 | https://www.fuyaogroup.com |
| VOXX International Corp Class A | View profile | 911 | 2351 J. Lawson Boulevard, Orlando, FL, United States, 32824 | https://www.voxxintl.com |
| Bang & Olufsen A/S | View profile | 1006 | Bang og Olufsen Alle 1, Struer, Denmark, DK-7600 | http://www.bang-olufsen.com |
| Plantronics | View profile | - | Santa Cruz, California, United States, North America | http://www.plantronics.com/ |
| Bose Corporation | View profile | 5001-10000 | Framingham, Massachusetts, United States, North America | https://www.bose.com/en_us/index.html |
| Logitech International SA | View profile | 7300 | EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, Switzerland, 1015 | https://www.logitech.com |
| Harman International | View profile | 10001+ | Stamford, Connecticut, United States, North America | http://www.harman.com |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
North America portable bluetooth speaker market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to portable bluetooth speaker market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 70.52% in 2023. Horizon Databook has segmented the North America portable bluetooth speaker market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing adoption of Bluetooth-enabled devices in the region can be attributed to their versatile adaptability and convenient portability features. This trend is leading market players in the region to increasingly choose Bluetooth-enabled devices as their preferred offerings for the local consumer base.
The Bluetooth Special Interest Group (SIG) is a non-profit trade organization responsible for supervising Bluetooth technology. It caters to prominent companies within the industry worldwide. With its headquarters in Kirkland, Washington, U.S., the organization collaborates with its member companies to refine and enhance the technology.
As innovation and technology advancements continue to rise in devices, market players are introducing portable Bluetooth devices that harness sophisticated technological capabilities. These features are highly appealing to consumers, effectively capturing their interest.
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Our clientele includes a mix of portable bluetooth speaker market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America portable bluetooth speaker market , including forecasts for subscribers. This continent databook contains high-level insights into North America portable bluetooth speaker market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America portable bluetooth speaker market size, by country, 2018-2030 (US$M)
North America Portable Bluetooth Speaker Market Outlook Share, 2023 & 2030 (US$M)
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