Wireless and Multiroom Speakers
PurchasePortable speakers continue to drive the wireless speaker market, but wireless audio platforms will bring additional exposure to multiroom or networked speakers. The CAGR from 2015 to 2020 is anticipated to be 11.5% as new products like Google’s Chromecast Audio, which lowers the price point for streaming media adapters in the audio space, will help push both market awareness and demand. In addition, the continued shift toward streaming music services and more generous data plans are also contributing to the market potential of wireless speakers. This report considers the wireless and multiroom speaker market in the portable, networked, and soundbar categories.