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Smart Speaker Market

  • ID: 5239253
  • Report
  • January 2021
  • Region: Global
  • 33 Pages
  • BCC Research
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FEATURED COMPANIES

  • Alibaba Group
  • Amazon.com Inc.
  • Baidu Inc.
  • Facebook
  • Harman International
  • LG Electronics
  • MORE

The report provides an overview of the global smart speaker market including display-equipped smart speakers and analyzes market trends. Using 2019 as the base year, the report provides estimated market data for the forecast period 2020 through 2025.

Revenue forecasts for this period are segmented based on IVA, application, and geography. It also focuses on the major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for smart speakers in 2019 and provides projections of the expected market size through 2025. This report also considers the economic slowdown caused by lockdowns globally due to the COVID-19 pandemic.

Report Includes:

  • An overview of the global market for smart speakers
  • Estimation of the market size and analyses of market trends, with data from 2019, 2020, estimates for 2021 to 2025 with projections of compound annual growth rates (CAGRs) through 2025
  • Identification of market drivers, restraints, and other forces impacting the global market
  • Evaluation of current market trends, market size, market forecast, and technological advancements within the industry
  • Impact analysis of COVID-19 on the smart speaker market
  • Coverage of evolution and major developments in smart speaker market and discussion on the effect of digitalisation on the entertainment industry
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alibaba Group
  • Amazon.com Inc.
  • Baidu Inc.
  • Facebook
  • Harman International
  • LG Electronics
  • MORE

Chapter 1 Introduction

  • Overview
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst’s Credentials
  • Related Reports

Chapter 2 Summary and Highlights

  • Overview

Chapter 3 Market and Technology Background

  • Introduction
  • Impact of COVID-19 on the Smart Speaker Market
  • Market Dynamics Drivers
  • Rising Demand for Smart Speakers in Automotive and Commercial Applications
  • Growing Trend of Display-Equipped Smart Speakers
  • Surging Demand for AI-Powered and IoT-Enabled Smart Home Devices
  • Market Restraint
  • Threat to Data Security and Privacy
  • Market Opportunity
  • Increasing Popularity of Voice Commerce

Chapter 4 Market Breakdown by IVA Brand

  • Overview
  • Amazon Alexa
  • Google Assistant
  • Siri
  • Baidu
  • AliGenie
  • Xiao AI
  • Others

Chapter 5 Market Breakdown by Application Sector

  • Introduction
  • Residential Applications
  • Commercial Applications

Chapter 6 Market Breakdown by Region

  • Overview
  • Analysis of the Global Market for Smart Speaker by Region
  • North American Smart Speaker Market
  • Asia-Pacific Smart Speaker Market
  • European Smart Speaker Market
  • Rest of the World Smart Speaker Market

Chapter 7 Company Profiles

  • Alibaba Group
  • Alphabet Inc.
  • Amazon.Com Inc.
  • Apple Inc.
  • Baidu Inc.
  • Bose Corp.
  • Facebook
  • Harman International
  • Lenovo Group Ltd.
  • LG Electronics
  • Sonos Inc.

List of Tables
Summary Table: Global Market for Smart Speaker, by Region, Through 2025
Table 1: Global Market for Smart Speaker, by Intelligent Virtual Assistant Brand, Through 2025
Table 2: Global Market for Smart Speaker, by Application Sector, Through 2025
Table 3: Global Market for Smart Speaker, by Region, Through 2025
Table 4: Alibaba: Net Revenue, 2019 and 2020
Table 5: Alphabet: Net Revenue, 2018 and 2019
Table 6: Amazon: Net Revenue, 2018 and 2019
Table 7: Apple: Net Revenue, 2019 and 2020
Table 8: Baidu: Net Revenue, 2018 and 2019

List of Figures
Summary Figure: Global Market for Smart Speaker, by Region, 2019-2025
Figure 1: Global Market for Smart Speaker, by Intelligent Virtual Assistant Brand, 2019-2025
Figure 2: Smart Speaker Market, by Application Sector
Figure 3: Global Market for Smart Speaker, by Application Sector, 2019-2025
Figure 4: Global Market for Smart Speaker, by Region, 2019-2025
Figure 5: Alibaba: Sales Share, by Segment, 2020
Figure 6: Alphabet: Sales Share, by Segment, 2019
Figure 7: Alphabet: Sales Share, by Region/Country, 2019
Figure 8: Amazon: Sales Share, by Business Segment, 2019
Figure 9: Apple: Sales Share, by Segment, 2020
Figure 10: Apple: Sales Share, by Region/Country, 2019
Figure 11: Baidu: Sales Share, by Segment, 2019

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alibaba Group
  • Amazon.com Inc.
  • Baidu Inc.
  • Facebook
  • Harman International
  • LG Electronics
  • MORE

A smart speaker is a type of wireless electronic device with an integrated virtual assistant that offers interactive actions and hands-free activation. It is an internet-enabled speaker that is controlled by spoken commands and is capable of streaming audio content, relaying information and communicating with other devices.

Smart speakers utilize wireless community protocols such as Wi-Fi and Bluetooth and can also act as a smart device to control home automation devices. Amazon, Google and Apple are some of the most popular brands of smart speakers globally. Most brands have their own voice-recognition technology; for example, Amazon has Alexa, Google has Google Assistant and Apple has Siri. Moreover, there are other brands such as Sonos and Bose that integrate another brand’s virtual assistant in their smart speakers. Baidu, Alibaba and Xiaomi are leading the way in the Chinese smart speaker market and are giving stiff competition to brands such as Amazon and Google.

The global smart speaker market has been segment based on intelligent virtual assistant (IVA), application and geography. Based on IVA, the smart speaker market has been segmented into Alexa, Google Assistant, DuerOS, AliGenie, Siri, Xiao AI and Others. Based on application, the smart speaker market has been segmented into residential and commercial. Geographical coverage of the report includes North America, Europe, Asia-Pacific and Rest of the World (RoW; South America, Middle East and Africa).

Note: Product cover images may vary from those shown
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  • Alibaba Group
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Baidu Inc.
  • Bose Corp.
  • Facebook
  • Google
  • Harman International
  • Lenovo Group Ltd.
  • LG Electronics
  • Sonos Inc.
  • Xiao
Note: Product cover images may vary from those shown
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