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The speakers market is poised to grow by $115.46 bn during 2023-2027, accelerating at a CAGR of 30.5% during the forecast period. The report on the speakers market 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of smart speakers, the growing penetration of smart homes, and the popularity of wireless streaming of audio content.
The speakers market is segmented as below:
By Product
- Stereo speakers
- Smart speakers
By Technology
- Wireless speakers
- Wired speakers
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the speakers market covers the following areas:
- Speakers market sizing
- Speakers market forecast
- Speakers market industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global speakers market: 3nod Group, AAC Technologies Holdings Ltd., Alphabet Inc., Altec Lansing Inc., Amazon.com Inc., Apple Inc., Fortune Grand Technology Inc., Foster Electric Co. Ltd., Guangzhou Merry Audio Equipment Co. Ltd., Koninklijke Philips NV, Lenovo Group Ltd., LG Electronics Inc., Panasonic Holdings Corp., Pioneer India Electronics Pvt. Ltd., Premier Sound Solutions, Samsung Electronics Co. Ltd., Sony Group Corp., Bose Corp., Bowers and Wilkins, and Xiaomi Inc.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the popularity of multi-room streaming speakers.`
According to the report, one of the major drivers for this market is the increasing adoption of smart 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:
- 3nod Group
- AAC Technologies Holdings Ltd.
- Alphabet Inc.
- Altec Lansing Inc.
- Amazon.com Inc.
- Apple Inc.
- Fortune Grand Technology Inc.
- Foster Electric Co. Ltd.
- Guangzhou Merry Audio Equipment Co. Ltd.
- Koninklijke Philips NV
- Lenovo Group Ltd.
- LG Electronics Inc.
- Panasonic Holdings Corp.
- Pioneer India Electronics Pvt. Ltd.
- Premier Sound Solutions
- Samsung Electronics Co. Ltd.
- Sony Group Corp.
- Bose Corp.
- Bowers and Wilkins
- Xiaomi Inc.