Albany, NY -- (SBWIRE) -- 09/16/2017 -- A speaker is an audio system that converts electromagnetic waves into sound waves. Portable speakers can be categorized based on technology into two types: wired and wireless portable speakers. The demand for wired speakers is fast declining because they use wired technology. A cable is used to connect the speaker to the source. The audio signal is transferred through the cable. The quality and speed of data transfer are relatively fast compared with wireless speakers.
The global portable speaker market to grow at a CAGR of 11.14% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global portable speaker market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of portable speakers.
The market is divided into the following segments based on geography:
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Technavio's report, Global Portable Speaker Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Beats Electronics
- Samsung Electronics
Other prominent vendors
- Altec Lansing
- Creative Technology
- JVC KENWOOD
- LG Electronics
- Logitech International
- Koninklijke Philips
- Sennheiser Electronic
- Voxx International
- Increasing innovations in wireless technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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