Smart home growth to create opportunities for Bluetooth speaker market
The Technavio research group (www.technavio.com) forecasts that the Bluetooth speaker market will grow at a compound annual growth rate of 33% through 2020.
One of the major factors driving the sale of Bluetooth speakers globally is its ability to stream audio content wirelessly and easily. Modern devices like laptops, smartphones, and tablets are equipped with Wi-Fi and Bluetooth connectivity enabling impressive streaming of content, which is another driving factor supporting the growth of the Bluetooth speaker market.
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