January 16, 2020 by Pradeep
Portable speakers are generally sold in a variety of colors and shapes such as capsule and pocket. Furthermore, market players go the extra mile to produce portable speakers with several patented technologies to create traction among consumers and survive in the competitive market. For instance, the Bose Sound link operates on technology where sound passes through an inbuilt tunnel for amplification and produces a deep and immersive sound. Moreover, manufacturers are producing portable speakers with high durability and resistance to water. Portable Speakers’ Market is projected to be valued at USD 16.91 Billion by 2025, registering a CAGR of 11.14% between 2019 and 2025.
Higher sound level than phone speakers and cost-effective as compared to AC-powered speakers.
Growth Opportunities in the Market
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