Retail volume sales of portable players in Singapore are forecast to rise at a CAGR of 8% over the forecast period, reaching 517,000 units by 2030. With sales of other portable media players also expected to become insignificant, this growth is expected to be driven solely by increasing demand for wireless speakers, which are becoming an essential component in smart home setups.
Technological advancements in wireless speakers are expected to accelerate in Singapore, with AI and voice control emerging as key features. LG introduced its XBOOM by will.
Innovation in portable players within Singapore is forecast to focus on the integration of smart features and design improvements. Wireless speakers is likely to see new product launches that highlight voice assistant integration, touchless controls, and compatibility with emerging smart home standards.
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Understand the latest market trends and future growth opportunities for the Portable Players industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Portable Players industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Portable Players
This report originates from Passport, our Portable Players research and analysis database.
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