UK Portable Bluetooth Speaker Market Size & Outlook
UK portable bluetooth speaker market, 2018-2030 (US$M)
Related Markets
UK portable bluetooth speaker market highlights
- The UK portable bluetooth speaker market generated a revenue of USD 522.8 million in 2023 and is expected to reach USD 1,016.3 million by 2030.
- The UK market is expected to grow at a CAGR of 10% 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 2023 | USD 522.8 million |
| Market revenue in 2030 | USD 1,016.3 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial, Residential |
| Key market players worldwide | Harman 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, UK accounted for 4.1% 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 Europe, UK portable bluetooth speaker market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,016.3 million by 2030.
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Portable Bluetooth Speaker Market Scope
Portable Bluetooth Speaker Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 72.21% in 2023. Horizon Databook has segmented the UK portable bluetooth speaker market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Driven by their passion for music, U.K. consumers prioritize speakers with top-notch audio performance and additional functionalities that cater to their musical inclinations. A premium sound system, alongside features like customizable sound profiles and seamless connectivity, enhances their music experience, aligning with their discerning preferences.
In July 2023, HARMAN International’s Harman Kardon brand launched three speakers in honor of its 70-year anniversary. The AuraStudio 4 offers a captivating combination of light and sound display. It integrates a 5.2-inch down-firing subwoofer and a six-speaker array with a 360-degree layout, producing omnidirectional sound.
Dual device pairing via Bluetooth allows versatile connectivity. With a two-way speaker system, it can be paired for a wider stereo image. The speaker is IP67-rated for dust and water resistance, and its rechargeable battery offers 12 hours of playback.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK portable bluetooth speaker market , including forecasts for subscribers. This country databook contains high-level insights into UK portable bluetooth speaker market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK portable bluetooth speaker market size, by application, 2018-2030 (US$M)
UK Portable Bluetooth Speaker Market Outlook Share, 2023 & 2030 (US$M)
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