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Smart Speakers Market - Forecasts from 2019 to 2024

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  • 90 Pages
  • September 2019
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 4849639
UP TO OFF until Jun 30th 2023
Smart speakers market is projected to grow at a CAGR of 8.24% during the forecast period, reaching a total market size of US$5.922 billion in 2024 from US$3.683 billion in 2018. Smart speakers are wireless, voice-enabled devices with built-in virtual assistants that are capable of streaming audio content, relaying information, and communicating with other devices. The rising demand for smart home devices will boost the demand for these devices during the given forecast period. Additionally, rising disposable income has increased the ability of the consumers to invest in new technology and devices, thus, augmenting the growth of the market through to 2024. However, security concerns regarding the private data of the consumers might restrict the growth of the smart speakers market during the given time frame.

The “Smart Speakers Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyses key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyses the market through comprehensive market segmentation by component and geography.

The smart speakers market has been segmented based on component and geography. Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyses 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries presents for the manufacturers.

Major players in the smart speakers market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the smart speakers market.


By Component
  • Hardware
  • Software

By Geography

North America
  • USA
  • Canada
  • Mexico
South America
  • Brazil
  • Argentina
  • Others
  • United Kingdom
  • Germany
  • France
  • Spain
  • Others
Middle East and Africa
  • Israel
  • Saudi Arabia
  • Others
Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Others

Table of Contents

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. Research methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Smart Speakers Market by Component
5.1. Hardware
5.2. Software
6. Smart Speakers Market by Geography
6.1. North America
6.1.1. USA
6.1.2. Canada
6.1.3. Mexico
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. Germany
6.3.2. France
6.3.3. United Kingdom
6.3.4. Spain
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Israel
6.4.2. Saudi Arabia
6.4.3. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. South Korea
6.5.5. Others
7. Competitive intelligence
7.1. Market Positioning Matrix and Ranking
7.2. Strategies of Key Players
7.3. Recent Investments and Deals
8. Company Profiles
8.1. Amazon
8.2. Google
8.3. Baidu
8.4. Xiaomi
8.5. Sony
8.6. Bose
8.7. Sonos
8.8. Apple
8.9. Panasonic
8.10. Alibaba

Companies Mentioned

  • Amazon
  • Google
  • Baidu
  • Xiaomi
  • Sony
  • Bose
  • Sonos
  • Apple
  • Panasonic
  • Alibaba