Global Smart Speakers Market Research Report- Forecast 2022

Global Smart Speakers Market Research Report- Forecast 2022

ID: MRFR/SEM/1679-HCRR | July, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Smart Speakers Market, By Product Type (Single-Speakers, Double-Speakers, Multi-Speakers), By Connectivity (Wi-Fi Enabled Speakers, Bluetooth Enabled Speakers, NFC Enabled Speakers), By Application (Personal, Commercial) - Forecast 2022

Market Synopsis of Global Smart Speakers Market:
Market Scenario:


Smart Speakers is type of speakers which is equipped with advance communication technologies such as Bluetooth, Wi-Fi and NFC and can be operated from any smart device such as smartphone, laptop and tablets. These speakers are similar in nature with a traditional speaker but provide different benefits which traditional speakers are not able to provide


The key drivers contributing to the growth of the global smart speakers market are rise in number of smart homes, increasing wireless streaming of audio content, speakers run on batteries, high durability, hassle free maintenance and high preference for wireless technology. The restraining factors towards the growth of the market are range, power and compatibility. The increase in number of smart homes driving the global smart speakers market.


There are various features such as compatibility with number of services and platforms, peer-to-peer connection through mesh networking, intelligent personal assistants among others are giving positive contribution in the market growth.


The global smart speakers market is expected to reach at USD ~9 billion with ~36% of compound annual growth rate.


 Study Objectives of Global Smart Speakers Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global smart speakers market.

  • To provide insights about factors affecting the market growth.

  • To analyze the global smart speakers market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment by product type, technology, application and region.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Smart Speakers market.




Global Smart Speakers Market:
Global Smart Speakers Market

Intended Audience:


  • Smart Speakers Manufacturers

  • Smart Speakers Distributors

  • Research/Consultancy firms

  • Vendors from various verticals such as Bose, Harman, Samsung among others

  • OEMs

  • Semiconductor Manufacturers

  • Stakeholders




Segments:



Global smart speakers market




The Global Smart Speakers Market has been segmented on the basis of product type, connectivity, application and region. By product type, the market has been bifurcated into single-speakers, double-speakers and multi-speaker. On the basis of connectivity, the market has been segmented into- Wi-Fi enabled speakers, Bluetooth enabled speakers, NFC enabled speakers among others. On the basis of application, the market includes- personal use and commercial use.


Key Players:


The key players of global smart speakers market report include Beats Electronics (U.S.), Bose Corporation (U.S.), Samsung Electronics Limited (Korea), Harman (U.S.), LG Electronics (South Korea), Altec Lansing (U.S.), Avnera Corporation (U.S.), Panasonic (Japan) , D&M Holdings, Inc (Japan),Sharp Corporation (Japan) and others.


Regional Analysis:


North America is dominating the market of smart speakers in where U.S. accounted for the largest market share due to various factors such as rise in smart homes market, high per capita income, changing lifestyle and high preference for wireless technology in the region. For instance, Amazon Echo smart speakers outpaced other speakers in the U.S. due to changing lifestyle and increasing disposable income.


Asian countries, especially Japan and Korea are growing at a fast pace majorly due to high demand for consumer electronics, high growth rate of the countries and the advancement in the IT industry. According to MRFR analysis, the consumption of smart electronics has increased in these countries over the last few years and companies have been investing billions of dollars into research & development sectors which are driving the growth of the global smart speakers market.  


TABLE OF CONTENTS

1. Executive Summary

2. Research Methodology

2.1 Scope of the study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3. Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4. Global Smart Speakers Market, by Product Type

4.1 Introduction

4.2 Single-Speakers

4.3 Double-Speakers

4.4 Multi-Speakers

5. Global Smart Speakers Market, by Connectivity

5.1 Introduction

5.2 Bluetooth

5.3 Wi-Fi

5.5 NFC

5.5 Others

6. Global Smart Speakers Market, By Application

6.1 Introduction

6.2 Personal Use

6.3 Commercial Use

7. Regional Market Analysis

7.1 Introduction

7.2 North America

7.2.1 U.S.

7.2.2 Canada

7.3 Europe

7.3.1 U.K.

7.3.2 France

7.3.3 Germany

7.3.4 Russia

7.3.5 Rest of Europe

7.4 Asia-Pacific

7.4.1 China

7.4.2 Japan

7.4.3 India

7.4.5 South Korea

7.4.7 Rest of Asia-Pacific

7.5 Rest of the World

8. Competition Analysis

8.1 Introduction

8.2 Competitive Scenario

8.2.1 Market Share Analysis

8.3 Beats Electronics

8.3.1 Overview

8.3.2 Product/Service Offering

8.3.3 Strategy

8.4 Bose Corporation

8.4.1 Overview

8.4.2 Product/Service Offering

8.4.3 Strategy

8.5 Samsung Electronics Limited

8.5.1 Overview

8.5.2 Product/Service Offering

8.5.3 Strategy

8.6 Harman

8.6.1 Overview

8.6.2 Product/Service Offering

8.6.3 Strategy

8.7 LG Electronics

8.7.1 Overview

8.7.2 Product/Service Offering

8.7.3 Strategy

8.8 Altec Lansing

8.8.1 Overview

8.8.2 Product/Service Offering

8.8.3 Strategy

8.9 Avnera Corporation

8.9.1 Overview

8.9.2 Product/Service Offering

8.9.3 Strategy

8.10 Panasonic

8.10.1 Overview

8.10.2 Product/Service Offering

8.10.3 Strategy

8.11 D&M Holdings

8.11.1 Overview

8.11.2 Product/Service Offering

8.11.3 Strategy

8.12 Sharp Corporation

8.12.1 Overview

8.12.2 Product/Service Offering

8.12.3 Strategy

8.13 Others





LIST OF TABLES

TABLE 1 GLOBAL SMART SPEAKERS MARKET, BY PRODUCT TYPE

TABLE 2 GLOBAL SMART SPEAKERS MARKET, BY APPLICATION

TABLE 3 GLOBAL SMART SPEAKERS MARKET, BY CONNECTIVITY

TABLE 4 GLOBAL SMART SPEAKERS MARKET, BY REGIONS

TABLE 5 NORTH AMERICA SMART SPEAKERS MARKET, BY COUNTRY

TABLE 6 NORTH AMERICA SMART SPEAKERS MARKET, BY PRODUCT TYPE

TABLE 7 NORTH AMERICA SMART SPEAKERS MARKET, BY APPLICATION

TABLE 8 NORTH AMERICA SMART SPEAKERS MARKET, BY CONNECTIVITY

TABLE 9 EUROPE SMART SPEAKERS MARKET, BY COUNTRY

TABLE 10 EUROPE SMART SPEAKERS MARKET, BY PRODUCT TYPE

TABLE 11 EUROPE SMART SPEAKERS MARKET, BY APPLICATION

TABLE 12 EUROPE SMART SPEAKERS MARKET, BY CONNECTIVITY

TABLE 13 ASIA-PACIFIC SMART SPEAKERS MARKET, BY COUNTRY

TABLE 14 ASIA-PACIFIC SMART SPEAKERS MARKET, BY PRODUCT TYPE

TABLE 15 ASIA-PACIFIC SMART SPEAKERS MARKET, BY APPLICATION

TABLE 16 ASIA-PACIFIC SMART SPEAKERS MARKET, BY CONNECTIVITY

TABLE 17 REST OF THE WORLD SMART SPEAKERS MARKET, BY PRODUT TYPE

TABLE 18 REST OF THE WORLD SMART SPEAKERS MARKET, BY APPLICATION

TABLE 19 REST OF THE WORLD SMART SPEAKERS MARKET, BY CONNECTIVITY





LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL SMART SPEAKERS MARKET: BY PRODUCT TYPE (%)

FIGURE 3 GLOBAL SMART SPEAKERS MARKET: BY APPLICATION (%)

FIGURE 4 GLOBAL SMART SPEAKERS MARKET: BY CONNECTIVITY (%)

FIGURE 5 GLOBAL SMART SPEAKERS MARKET: BY REGION

FIGURE 7 NORTH AMERICA SMART SPEAKERS MARKET, BY PRODUCT TYPE (%)

FIGURE 8 NORTH AMERICA SMART SPEAKERS MARKET, BY APPLICATION (%)

FIGURE 9 NORTH AMERICA SMART SPEAKERS MARKET, BY CONNECTIVITY (%)

FIGURE 9 NORTH AMERICA SMART SPEAKERS MARKET, BY COUNTRIES (%)

FIGURE 10 EUROPE SMART SPEAKERS MARKET, BY PRODUCT TYPE (%)

FIGURE 11 EUROPE SMART SPEAKERS MARKET, BY APPLICATION (%)

FIGURE 12 EUROPE SMART SPEAKERS MARKET, BY CONNECTIVITY (%)

FIGURE 13 EUROPE SMART SPEAKERS MARKET, BY COUNTRIES (%)

FIGURE 14 ASIA-PACIFIC SMART SPEAKERS MARKET, BY PRODUCT TYPE (%)

FIGURE 15 ASIA-PACIFIC SMART SPEAKERS MARKET, BY APPLICATION (%)

FIGURE 16 ASIA-PACIFIC SMART SPEAKERS MARKET, BY CONNECTIVITY (%)

FIGURE 17 ASIA-PACIFIC SMART SPEAKERS MARKET, BY COUNTRIES (%)

FIGURE 18 ROW SMART SPEAKERS MARKET, BY PRODUCT TYPE (%)

FIGURE 19 ROW SMART SPEAKERS MARKET, BY APPLICATION (%)

FIGURE 20 ROW SMART SPEAKERS MARKET, BY CONNECTIVITY (%)

FIGURE 21 ROW SMART SPEAKERS MARKET, BY COUNTRIES (%)