The Best Bluetooth Speakers

Handiness of speakers is a top buying criteria among consumers from around the world, especially in countries such as Brazil and Mexico. A latest study published by Persistence Market Research cites that high-on-convenience factor is driving the sales of portable Bluetooth speakers in Latin America. Portable Bluetooth speakers are suitable for outdoor use, making them a hit among outdoorsy Latin Americans. Proliferation of wireless technologies, coupled with increasing penetration of smartphones & other smart devices, in Latin America is also expected to drive the demand for portable Bluetooth speakers. Through 2025, sales of portable Bluetooth speakers in Latin America are expected to soar rapidly, recording revenue growth at a speedy CAGR of 10.4%.

The report predicts that Latin America will be fastest-growing region in the global market for portable Bluetooth speakers. In 2017, the global portable Bluetooth speakers market is pegged to reach an estimated US$ 4 Bn value. Changing taste of music listeners will play a pivotal role in boosting the sales of portable Bluetooth speakers across the globe. By the end of 2025, the global portable Bluetooth speakers market is anticipated to bring in more than US$ 8.5 Bn in revenues, registering a value CAGR of 9.9%.It is very hard to chose best bluetooth speakers.

Factors Influencing the Sales of Portable Bluetooth Speakers

The report has assessed multiple indicators slated to impact the market's growth in the years to come. Among these, following factors are expected to have greater impact on global sales of portable Bluetooth speakers:

Vast subscriber base for cloud-hosted music streaming services

Rising presence of wireless broadcast & streaming services

Increasing disposable incomes of consumers, particularly among young and urban demographics

Compatibility of portable speakers in connecting with multiple smart devices, (in some instances, simultaneously)

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