Small speaker is a big move for Sonos

The newest speaker from Sonos, Roam, made its debut April 20 and has the potential to help the Santa Barbara smart-speaker company grow in 2021 and beyond. Roam is Sonos' first attempt into breaking into the portable Bluetooth speaker market, a market that is expected to see an annual growth rate of 11.71% from 2019 to 2025, according to a 2018 report by Grand View Research. That report estimated revenue for the portable Bluetooth speaker market at about $1.21 billion in 2018, projected to grow to around $2.6 billion in 2025.