Global Wireless Speakers Market
Electrical And Electronics Manufacturing

Global Wireless Speakers Market Size, Drivers, Trends, Opportunities And Strategies – Includes Wireless Speakers Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032


The increase in preference for portable speakers are expected to drive innovation in wireless speakers manufacturing, thus driving the market during the forecast period.


The global wireless speakers market is expected to grow from $25.03 billion in 2022 to $30.93 billion in 2023 at a compound annual growth rate (CAGR) of 23.6%. The wireless speakers market is expected to grow from $72.1 billion in 2027 at a CAGR of 23.6%.


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Global Wireless Speakers Market Segments Include:

  • By Product:Bluetooth Speakers, Wifi-Speakers
  • By End User:Residential, Commercial
  • By Type:Fixed, Portable
  • By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global wireless speakers market in 2021.


Major Market Players in the wireless speakers market include Beats Electronics, Bose, Harman, Samsung, Sony, Panasonic, Plantronics, Skullcandy, Alphabet (Google), LG Electronics, and Logitech International.


Advanced technologies such as AI-assisted devices are an emerging trend in the wireless speakers market. This is mainly due to the ease of use of AI-enabled wireless speakers that provide features such as voice recognition, allowing users to control the functioning of the speakers using voice commands. The wireless speakers based on AI software use the cloud which offers a steady base for the storage of data and enables quick access to the data. Google Home Max, Amazon Echo Dot 3rd Gen and JBL Link 10 are some of the wireless smart speakers with AI technology. According to Gartner, Inc., the end-user spending on virtual personal assistant (VPA)-enabled wireless speakers is estimated to increase to $3.52 billion by 2021.


The Wireless Speakers Global Market Report 2023  provides a wireless speakers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wireless speakers market forecast analyzes wireless speakers market size, wireless speakers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.


A wireless speaker is defined as electrical equipment that receives sound signals in the form of radio frequency waves and amplifies the sound.


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