Smart Speaker Market Size, Trends & Growth Opportunity by End Use (Personal, and Commercial), Distribution Channel (Online and Offline) By Region and Forecast till 2027
Report ID : QR100677 | Industries : Semiconductors and Electronics | Published On :September 2020 | Page Count : 243Global Smart Speaker Market
Market Overview
Global Smart Speaker Market was valued at USD 6.9 billion in 2019 which is expected to reach USD 17.2 billion by 2027 at a CAGR 17.2%.
Smart Speaker is a type of wireless speaker which enabled by Wi-Fi, Bluetooth, and other wireless protocols and powered by assistance. These speakers are based on artificial intelligence technology. This is recent technological innovation, which activated by voice command of user to perform various tasks like listening music, online shopping, and ordering food.
Market Drivers
Increase in adoption of smart home technology is the key driving factors which are expected to boost the global smart speaker market growth. Furthermore, rise in popularity of smart speakers among customers will have positive impact on market growth. Moreover, continuous advancements in microphones, automated speech recognition, technology and natural language processing will help the speaker to identify the voice command of user will fuel the market growth. In addition to that, increase in consumer readiness to invest on latest technologies and rise in usage of smart devices which is expected to propel the global smart speaker market growth.
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Market Restraints
However, Issues related range, compatibility, and power are the major restraining factors which are expected to hamper the global smart speaker market growth.
Market Segmentation
Global Smart Speaker Market is segmented into intelligent virtual assistance such as Google Assistance, Amazon Alexa, Siri, Cortana, and Others, by end user such as Personal, and Commercial. Further, market is segmented into distribution channel such as Online and Offline.
Also, Global Smart Speaker Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as AMAZON, Alphabet, Alibaba, Apple, XIAOMI, Harman International, SONOS, BOSE, Lenovo, and Baidu.
Market Taxonomy
By Intelligence Virtual Assistance
- Google Assistance
- Amazon Alexa
- Siri
- Cortana
- Others
By End User
- Personal
- Commercial
By Distribution Channel
- Online
- Offline
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Smart Speaker Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Global Smart Speaker Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Speaker Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Speaker Market, By Intelligent Virtual Assistance
5.1 Y-o-Y Growth Comparison, By Intelligent Virtual Assistance
5.2 Global Smart Speaker Market Share Analysis, By Intelligent Virtual Assistance
5.3 Global Smart Speaker Market Size and Forecast, By Intelligent Virtual Assistance
5.3.1 Google Assistance
5.3.2 Amazon Alexa
5.3.3Siri
5.3.4Cortana
5.3.5 Others
6 Global Smart Speaker Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Smart Speaker Market Share Analysis, By End User
6.3 Global Smart Speaker Market Size and Forecast, By End User
6.3.1 Personal
6.3.2 Commercial
7 Global Smart Speaker Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Smart Speaker Market Share Analysis, By Distribution Channel
7.3 Global Smart Speaker Market Size and Forecast, By Distribution Channel
7.3.1Online
7.3.2 Offline
8Global Smart Speaker Market, By Region
8.1 Global Smart Speaker Market Share Analysis, By Region
8.2 Global Smart Speaker Market Share Analysis, By Region
8.3 Global Smart Speaker Market Size and Forecast, By Region
9 North America Smart Speaker Market Analysis and Forecast (2017 – 2027)
9.1 Introduction
9.2 North America Smart Speaker Market Share Analysis, By Intelligent Virtual Assistance
9.3 North America Smart Speaker Market Size and Forecast, By End User
9.4 North America Smart Speaker Market Size and Forecast, By Distribution Channel
9.5 North America Smart Speaker Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Smart Speaker Market Analysis and Forecast (2017 – 2027)
10.1 Introduction
10.2 Europe Smart Speaker Market Share Analysis, By Intelligent Virtual Assistance
10.3 Europe Smart Speaker Market Size and Forecast, By End User
10.4 Europe Smart Speaker Market Size and Forecast, By Distribution Channel
10.5 Europe Smart Speaker Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Smart Speaker Market Analysis and Forecast (2017 – 2027)
11.1 Introduction
11.2 Asia Pacific Smart Speaker Market Share Analysis, By Intelligent Virtual Assistance
11.3 Asia Pacific Smart Speaker Market Size and Forecast, By End User
11.4 Asia Pacific Smart Speaker Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Smart Speaker Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Smart Speaker Market Analysis and Forecast (2017 – 2027)
12.1 Introduction
12.2 Latin America Smart Speaker Market Share Analysis, By Intelligent Virtual Assistance
12.3 Latin America Smart Speaker Market Size and Forecast, By End User
12.4 Latin America Smart Speaker Market Size and Forecast, By Distribution Channel
12.5 Latin America Smart Speaker Market Size and Forecast, Country
13Middle East Smart Speaker Market Analysis and Forecast (2017 – 2027)
13.1 Introduction
13.2 Middle East Smart Speaker Market Share Analysis, By Intelligent Virtual Assistance
13.3 Middle East Smart Speaker Market Size and Forecast, By End User
13.4 Middle East Smart Speaker Market Size and Forecast, By Distribution Channel
13.5 Middle East Smart Speaker Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 AMAZON
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Alphabet
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Alibaba
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Apple
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 XIAOMI
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Harman International
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 SONOS
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 BOSE
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Lenovo
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Baidu
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies