U.S. Portable Bluetooth Speaker Market Size & Outlook
U.S. Portable Bluetooth Speaker Market, 2018-2030 (US$M)
Global Market
Related Markets
U.S. portable bluetooth speaker market highlights
- The U.S. portable bluetooth speaker market generated a revenue of USD 3,042.3 million in 2023 and is expected to reach USD 5,953.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.1% 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.
Portable bluetooth speaker market data book summary
| Market revenue in 2023 | USD 3,042.3 million |
| Market revenue in 2030 | USD 5,953.7 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 23.6% of the global portable bluetooth speaker market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. portable bluetooth speaker market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,953.7 million by 2030.
The surging consumers’ music enthusiasm propels an upward trajectory in the portable Bluetooth speakers market, paralleled by a surge in subscriptions for music apps. For instance, as of 2023, Spotify has 365 million monthly active users, out of which 24% are from North America.
This interest also encourages consumers to seek location-specific devices that adapt to their surroundings, enhancing the atmosphere for outdoor activities such as picnics, beach vacations, and pool parties.
In September 2019, U.S.-based HARMAN International announced that its JBL brand had reached a milestone of 100 million portable speakers shipped worldwide. JBL has developed six additional formats of portable speakers. This lineup includes the JBL Charge, JBL Pulse, JBL Clip, JBL Xtreme, JBL GO, and Boombox
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Portable Bluetooth Speaker Market Scope
Portable Bluetooth Speaker Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Apple Inc | View profile | 161,000 | One Apple Park Way, Cupertino, CA, United States, 95014 | www.apple.com |
| Sony Group Corp | View profile | 113,000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | www.sony.com |
| Harman International | View profile | 10001+ | Stamford, Connecticut, United States, North America | www.harman.com |
| Logitech International SA | View profile | 7,300 | EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, Switzerland, 1015 | www.logitech.com |
| Bose Corporation | View profile | 5001-10000 | Framingham, Massachusetts, United States, North America | www.bose.com/en_us/index.html |
| Plantronics | View profile | - | Santa Cruz, California, United States, North America | www.plantronics.com/ |
| Bang & Olufsen A/S | View profile | 1,006 | Bang og Olufsen Alle 1, Struer, Denmark, DK-7600 | www.bang-olufsen.com |
| VOXX International Corp Class A | View profile | 911 | 2351 J. Lawson Boulevard, Orlando, FL, United States, 32824 | www.voxxintl.com |
| Fuyao Glass Industry Group Co Ltd Shs -H- Unitary 144A/Reg S | View profile | 32,721 | Fuyao Industrial Zone II, Fujian Province, Fuqing, China, People's Republic of, 350301 | www.fuyaogroup.com |
U.S. 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 Outlook will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 70.37% in 2023.
Horizon Databook has segmented the U.S. portable bluetooth speaker market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The surging consumers’ music enthusiasm propels an upward trajectory in the portable Bluetooth speakers market, paralleled by a surge in subscriptions for music apps. For instance, as of 2023, Spotify has 365 million monthly active users, out of which 24% are from North America.
This interest also encourages consumers to seek location-specific devices that adapt to their surroundings, enhancing the atmosphere for outdoor activities such as picnics, beach vacations, and pool parties.
In September 2019, U.S.-based HARMAN International announced that its JBL brand had reached a milestone of 100 million portable speakers shipped worldwide. JBL has developed six additional formats of portable speakers. This lineup includes the JBL Charge, JBL Pulse, JBL Clip, JBL Xtreme, JBL GO, and Boombox
- U.S. Portable Bluetooth Speaker Market Application Outlook (Revenue, USD Million , 2018-2030)
- Commercial
- Residential
- U.S. Portable Bluetooth Speaker Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
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U.S. Portable Bluetooth Speaker Market, 2018-2030 (US$M)
U.S. portable bluetooth speaker market statistics, by application, 2018-2030 (US$M)
