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The smart home speaker market in the US is forecasted to grow by USD 6.41 billion during 2024-2029, accelerating at a CAGR of 23.2% during the forecast period. The report on the smart home speaker market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapidly increasing unit sales of smart home speakers, partnerships increasing adoption of smart home speakers, and growing popularity of voice commerce.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The smart home speaker market in the US is segmented as below:
By Platform
- Amazon alexa
- Google assistant
- Others
By Distribution Channel
- Online
- Offline
By Product Type
- Standalone smart speakers
- Smart displays
- Soundbars with smart assistants
By Price
- Budget
- Mid-range
- Premium
The report on the smart home speaker market in the US covers the following areas:
- Smart Home Speaker Market in the US sizing
- Smart Home Speaker Market in the US forecast
- Smart Home Speaker Market in the US industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Platform
9 Market Segmentation by Distribution Channel
10 Market Segmentation by Product Type
11 Market Segmentation by Price
12 Customer Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the smart home speaker market in us: Amazon.com Inc., Apple Inc., Bose Corp., Bowers and Wilkins, FABRIQ, Google LLC, Invoxia, JD.com Inc., Lenovo Group Ltd., LG Electronics Inc., Plantronics Inc., Samsung Electronics Co. Ltd., Sonos Inc., Sony Group Corp., and Xiaomi Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing prominence of smart displays."
According to the report, one of the major drivers for this market is the rapidly increasing unit sales of smart home speakers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon.com Inc.
- Apple Inc.
- Bose Corp.
- Bowers and Wilkins
- FABRIQ
- Google LLC
- Invoxia
- JD.com Inc.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Plantronics Inc.
- Samsung Electronics Co. Ltd.
- Sonos Inc.
- Sony Group Corp.
- Xiaomi Inc.
