Smart Speaker Market Report: Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Technology & Telecommunication / IT Consulting and Services
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in the global smart speaker market to 2024 by intelligent virtual assistant (alexa, google assistant, siri, aligenie, others( xiaowei, dueros, bixby, and cortana), end use industry (residential and commercial), component (hardware (speaker driver, connectivity IC, processor, audio IC, memory, power IC, microphone, and others) and software), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Report Features
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Methodology
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The future of the smart speaker market looks promising with opportunities in the residential and commercial industries. The global smart speaker market is expected to grow with a CAGR of 34% from 201

9 to 2024. The major drivers for this market are increasing number of smart homes, rising disposable income, rapid proliferation of multifunctional devices, and increasing need for personalize experience.

A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart speaker market report download the report brochure.

The study includes the smart speaker market size and forecast for the global smart speaker market through 2024, segmented by intelligent virtual assistant, end use industry, component, and region as follows:

By Intelligent Virtual Assistant [$M shipment analysis for 2013 – 2024]:

Alexa
Google Assistant
Siri
AliGenie
Others(Xiaowei, DuerOS, Bixby, and Cortana)

By End Use Industry[$M shipment analysis for 2013 – 2024]:

Residential
Commercial

By Component [$M shipment analysis for 2013 – 2024]:

Hardware(Speaker Driver, Connectivity IC, Processor, Audio IC, Memory, Power IC, Microphone, and Others)
Software

By Region [$M shipment analysis for 2013 – 2024]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
Asia Pacific
- China
- Japan
- India
RoW

Some of the Smart Speaker companies profiled in this report include Amazon, Harman International, Apple, Sonos, Alphabet, Bose, Sony, Onkyo, Panasonic, SK Telecom, and others.

Some of the features of this report:

Market size estimates: Smart speaker market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
Segmentation analysis: Market size by various segments such as by intelligent virtual assistant, end use industry, component, and region.
Regional analysis: Smart speaker market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for smart speaker in the smart speaker market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for, smart speaker in the smart speaker market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global smart speaker market by intelligent virtual assistant (alexa, google assistant, siri, aligenie, and others( xiaowei, dueros, bixby, and cortana)), end use industry (residential and commercial), component (hardware (speaker driver, connectivity IC, processor, audio IC, memory, power IC, microphone, and others), and software ), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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Smart Speaker Market Report: Trends, Forecast and Competitive Analysis

The future of the smart speaker market looks promising with opportunities in the residential and commercial industries. The global smart speaker market is expected to grow with a CAGR of 34% from 201

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