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Global Smart Speakers Market Research Report 2024
Synopsis
A smart speaker is a type of loudspeaker and voice command device with an integrated virtual assistant that offers interactive actions and hands-free activation with the help of one "hot word" (or several "hot words"). Some smart speakers can also act as a smart device that utilizes Wi-Fi, Bluetooth and other protocol standards to extend usage beyond audio playback, such as to control home automation devices. This can include, but is not limited to, features such as compatibility across a number of services and platforms, peer-to-peer connection through mesh networking, virtual assistants, and others. Each can have its own designated interface and features in-house, usually launched or controlled via application or home automation software. Some smart speakers also include a screen to show the user a visual response.
A smart speaker with a touchscreen is known as a smart display. It is a smart Bluetooth device that integrates conversational user interface with display screens to augment voice interaction with images and video. They are powered by one of the common voice assistants and offer controls for smart home devices, feature streaming apps and web browsers with touch controls for selecting content.
The global Smart Speakers market was valued at US$ 10970 million in 2023 and is anticipated to reach US$ 26770 million by 2030, witnessing a CAGR of 10.3% during the forecast period 2024-2030.
Amazon is the largest manufacturer of smart speakers in the world, has a market share of over 24%. Other key players include Google, Alibaba, Xiaomi and Apple, etc. Geographically speaking, North America and Asia-Pacific is the largest market, has a market share of over 70%. In terms of type, without displays is most popular and has a market share of about 70%. In terms of application, online sales is the dominant field and accounts for about 70% market share.
This report aims to provide a comprehensive presentation of the global market for Smart Speakers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Speakers.
Report Scope
The Smart Speakers market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Speakers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Speakers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Amazon
Google
Alibaba
Baidu
Xiaomi
Apple
Segment by Type
with Displays
without Displays
Segment by Application
Online
Offline
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Smart Speakers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Smart Speakers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
A smart speaker is a type of loudspeaker and voice command device with an integrated virtual assistant that offers interactive actions and hands-free activation with the help of one "hot word" (or several "hot words"). Some smart speakers can also act as a smart device that utilizes Wi-Fi, Bluetooth and other protocol standards to extend usage beyond audio playback, such as to control home automation devices. This can include, but is not limited to, features such as compatibility across a number of services and platforms, peer-to-peer connection through mesh networking, virtual assistants, and others. Each can have its own designated interface and features in-house, usually launched or controlled via application or home automation software. Some smart speakers also include a screen to show the user a visual response.
A smart speaker with a touchscreen is known as a smart display. It is a smart Bluetooth device that integrates conversational user interface with display screens to augment voice interaction with images and video. They are powered by one of the common voice assistants and offer controls for smart home devices, feature streaming apps and web browsers with touch controls for selecting content.
The global Smart Speakers market was valued at US$ 10970 million in 2023 and is anticipated to reach US$ 26770 million by 2030, witnessing a CAGR of 10.3% during the forecast period 2024-2030.
Amazon is the largest manufacturer of smart speakers in the world, has a market share of over 24%. Other key players include Google, Alibaba, Xiaomi and Apple, etc. Geographically speaking, North America and Asia-Pacific is the largest market, has a market share of over 70%. In terms of type, without displays is most popular and has a market share of about 70%. In terms of application, online sales is the dominant field and accounts for about 70% market share.
This report aims to provide a comprehensive presentation of the global market for Smart Speakers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Speakers.
Report Scope
The Smart Speakers market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Speakers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Speakers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Amazon
Alibaba
Baidu
Xiaomi
Apple
Segment by Type
with Displays
without Displays
Segment by Application
Online
Offline
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Smart Speakers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Smart Speakers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Smart Speakers Market Overview
1.1 Product Overview and Scope of Smart Speakers
1.2 Smart Speakers Segment by Type
1.2.1 Global Smart Speakers Market Value Comparison by Type (2024-2030)
1.2.2 with Displays
1.2.3 without Displays
1.3 Smart Speakers Segment by Application
1.3.1 Global Smart Speakers Market Value by Application: (2024-2030)
1.3.2 Online
1.3.3 Offline
1.4 Global Smart Speakers Market Size Estimates and Forecasts
1.4.1 Global Smart Speakers Revenue 2019-2030
1.4.2 Global Smart Speakers Sales 2019-2030
1.4.3 Global Smart Speakers Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Smart Speakers Market Competition by Manufacturers
2.1 Global Smart Speakers Sales Market Share by Manufacturers (2019-2024)
2.2 Global Smart Speakers Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Smart Speakers Average Price by Manufacturers (2019-2024)
2.4 Global Smart Speakers Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Smart Speakers, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Smart Speakers, Product Type & Application
2.7 Smart Speakers Market Competitive Situation and Trends
2.7.1 Smart Speakers Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Smart Speakers Players Market Share by Revenue
2.7.3 Global Smart Speakers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Smart Speakers Retrospective Market Scenario by Region
3.1 Global Smart Speakers Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Smart Speakers Global Smart Speakers Sales by Region: 2019-2030
3.2.1 Global Smart Speakers Sales by Region: 2019-2024
3.2.2 Global Smart Speakers Sales by Region: 2025-2030
3.3 Global Smart Speakers Global Smart Speakers Revenue by Region: 2019-2030
3.3.1 Global Smart Speakers Revenue by Region: 2019-2024
3.3.2 Global Smart Speakers Revenue by Region: 2025-2030
3.4 North America Smart Speakers Market Facts & Figures by Country
3.4.1 North America Smart Speakers Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Smart Speakers Sales by Country (2019-2030)
3.4.3 North America Smart Speakers Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Smart Speakers Market Facts & Figures by Country
3.5.1 Europe Smart Speakers Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Smart Speakers Sales by Country (2019-2030)
3.5.3 Europe Smart Speakers Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Smart Speakers Market Facts & Figures by Country
3.6.1 Asia Pacific Smart Speakers Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Smart Speakers Sales by Country (2019-2030)
3.6.3 Asia Pacific Smart Speakers Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Smart Speakers Market Facts & Figures by Country
3.7.1 Latin America Smart Speakers Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Smart Speakers Sales by Country (2019-2030)
3.7.3 Latin America Smart Speakers Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Smart Speakers Market Facts & Figures by Country
3.8.1 Middle East and Africa Smart Speakers Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Smart Speakers Sales by Country (2019-2030)
3.8.3 Middle East and Africa Smart Speakers Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Smart Speakers Sales by Type (2019-2030)
4.1.1 Global Smart Speakers Sales by Type (2019-2024)
4.1.2 Global Smart Speakers Sales by Type (2025-2030)
4.1.3 Global Smart Speakers Sales Market Share by Type (2019-2030)
4.2 Global Smart Speakers Revenue by Type (2019-2030)
4.2.1 Global Smart Speakers Revenue by Type (2019-2024)
4.2.2 Global Smart Speakers Revenue by Type (2025-2030)
4.2.3 Global Smart Speakers Revenue Market Share by Type (2019-2030)
4.3 Global Smart Speakers Price by Type (2019-2030)
5 Segment by Application
5.1 Global Smart Speakers Sales by Application (2019-2030)
5.1.1 Global Smart Speakers Sales by Application (2019-2024)
5.1.2 Global Smart Speakers Sales by Application (2025-2030)
5.1.3 Global Smart Speakers Sales Market Share by Application (2019-2030)
5.2 Global Smart Speakers Revenue by Application (2019-2030)
5.2.1 Global Smart Speakers Revenue by Application (2019-2024)
5.2.2 Global Smart Speakers Revenue by Application (2025-2030)
5.2.3 Global Smart Speakers Revenue Market Share by Application (2019-2030)
5.3 Global Smart Speakers Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Amazon
6.1.1 Amazon Corporation Information
6.1.2 Amazon Description and Business Overview
6.1.3 Amazon Smart Speakers Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Amazon Smart Speakers Product Portfolio
6.1.5 Amazon Recent Developments/Updates
6.2 Google
6.2.1 Google Corporation Information
6.2.2 Google Description and Business Overview
6.2.3 Google Smart Speakers Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Google Smart Speakers Product Portfolio
6.2.5 Google Recent Developments/Updates
6.3 Alibaba
6.3.1 Alibaba Corporation Information
6.3.2 Alibaba Description and Business Overview
6.3.3 Alibaba Smart Speakers Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Alibaba Smart Speakers Product Portfolio
6.3.5 Alibaba Recent Developments/Updates
6.4 Baidu
6.4.1 Baidu Corporation Information
6.4.2 Baidu Description and Business Overview
6.4.3 Baidu Smart Speakers Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Baidu Smart Speakers Product Portfolio
6.4.5 Baidu Recent Developments/Updates
6.5 Xiaomi
6.5.1 Xiaomi Corporation Information
6.5.2 Xiaomi Description and Business Overview
6.5.3 Xiaomi Smart Speakers Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Xiaomi Smart Speakers Product Portfolio
6.5.5 Xiaomi Recent Developments/Updates
6.6 Apple
6.6.1 Apple Corporation Information
6.6.2 Apple Description and Business Overview
6.6.3 Apple Smart Speakers Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Apple Smart Speakers Product Portfolio
6.6.5 Apple Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Smart Speakers Industry Chain Analysis
7.2 Smart Speakers Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Smart Speakers Production Mode & Process
7.4 Smart Speakers Sales and Marketing
7.4.1 Smart Speakers Sales Channels
7.4.2 Smart Speakers Distributors
7.5 Smart Speakers Customers
8 Smart Speakers Market Dynamics
8.1 Smart Speakers Industry Trends
8.2 Smart Speakers Market Drivers
8.3 Smart Speakers Market Challenges
8.4 Smart Speakers Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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