India Portable Bluetooth Speaker Market Size & Outlook

The portable bluetooth speaker market in India is expected to reach a projected revenue of US$ 2,567.4 million by 2030. A compound annual growth rate of 13.9% is expected of India portable bluetooth speaker market from 2024 to 2030.

Revenue, 2023 (US$M)
$1,033.9
Forecast, 2030 (US$M)
$2,567.4
CAGR, 2024 - 2030
13.9%
Report Coverage
India

India portable bluetooth speaker market highlights

  • The India portable bluetooth speaker market generated a revenue of USD 1,033.9 million in 2023 and is expected to reach USD 2,567.4 million by 2030.
  • The India market is expected to grow at a CAGR of 13.9% 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 2023USD 1,033.9 million
Market revenue in 2030USD 2,567.4 million
Growth rate13.9% (CAGR from 2023 to 2030)
Largest segmentResidential
Fastest growing segmentCommercial
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCommercial, Residential
Key market players worldwideHarman 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, India accounted for 8.0% 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 Asia Pacific, China portable bluetooth speaker market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,567.4 million by 2030.

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Portable Bluetooth Speaker Market Scope

Portable Bluetooth Speaker Market Companies

Name Profile # Employees HQ Website

India 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 will help companies and investors design strategic landscapes.


Residential was the largest segment with a revenue share of 71.91% in 2023. Horizon Databook has segmented the India portable bluetooth speaker market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.


In response to the surge in innovations and the growing popularity of gaming and camping among young consumers, market participants are catering to these trends by introducing products tailored for these outdoor activities. 


In September 2021, Realme announced the launch of its first portable Bluetooth speakers, Pocket Bluetooth Speaker and Cobble Bluetooth Speaker. Both the speakers are a part of the Realme TechLife ecosystem, which is a line of non-mobile products by the company. 


The Cobble Bluetooth Speaker has a lanyard that glows in the dark so that it can be easily located. It is equipped with a powerful 5W Dynamic Bass Boost driver and features the advanced 88mm Super Low Latency for gaming. The speaker uses Bluetooth 5.0 for seamless wireless connectivity. The device features three equalizer presets, accessible via a dedicated button.

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Horizon Databook provides a detailed overview of country-level data and insights on the India portable bluetooth speaker market , including forecasts for subscribers. This country databook contains high-level insights into India portable bluetooth speaker market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India portable bluetooth speaker market size, by application, 2018-2030 (US$M)

India Portable Bluetooth Speaker Market Outlook Share, 2023 & 2030 (US$M)

India portable bluetooth speaker market size, by application, 2018-2030 (US$M)

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