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Smart Speaker Market Report Analyzes Statistics At The Regional And Country Levels and Forecast 2019-2031

Region:Global

Author(s):

Product Code:FG895

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Published on

August 2021

Total pages

175

Table of Content

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About the Report

About the Report

Market Overview

Smart speaker may be a wireless speaker enabled by Bluetooth, Wi-Fi, or other wireless protocols and powered by virtual assistant, which is driven by AI. it's the newest technological innovation dominating the buyer technology market and is activated by a voice command to perform different tasks like taking note of music, ordering food, and online shopping. It also performs other activities, like obtaining weather information, latest news, listing day-to-day activities, and integrating with the smart home appliances. These multiple features provide a foothold to smart speaker market over other substitute technological products and services.

Market Highlights

Smart Speaker Market is expected to project a notable CAGR in 2031

Smart Speaker Market to surpass USD XX.XX billion by 2030 from USD XX.XX billion in 2021 at a CAGR of XX.X% in the coming years, i.e., 2021-31. Alexa is predicted to carry a serious share of the Smart Speaker market during the forecast period

Smart Speaker Market: Segments

Amazon Alexa segment to grow with the highest CAGR during 2021-31

Smart Speaker market is segmented by Intelligent Virtual Assistant into Amazon Alexa, Google Assistant, Siri, Cortana, and Others. The Amazon Alexa segment had the largest market share in 2020. Amazon launched the Alexa IVA smart speaker Echo in 2014. Since then, the platform is employed in Amazon’s Echo device series and smart speakers offered by most companies.

Personal segment to grow with the highest CAGR during 2021-31

Smart Speaker market is segmented by End-User into Personal and Commercial. The Personal segment is augmenting the growth of the Smart Speaker market.

Smart Speaker Market: Key Players

  • Apple

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

  • Fitbit
  • Garmin
  • Lenovo
  • Samsung Electronics
  • Xiaomi
  • Adidas
  • Amiigo
  • AsusTek Computer
  • Atlas Wearables
  • Other Prominent Players

Smart Speaker Market: Regions

Smart Speaker Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. North American countries like the US, Canada, and Mexico are receptive to products enabled with advanced technologies. The penetration of smart speakers in North American countries, especially within the US, is high due to the presence of early adopters and key smart speaker providers.

Segmentation

  • By Intelligent Virtual Assistant
    • Amazon Alexa
    • Google Assistant
    • Siri
    • Cortana
    • Others
  • By End-User
    • Personal
    • Commercial
  • By Distribution Channel
    • Online
    • Offline
  • By Price
    • Low (Less than 100)
    • Mid ($101 to $200)
    • Premium (Above $200)
  • Smart Speaker Market Dynamics
  • Smart Speaker Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

Products

Table of Contents

Table of Contents

Contents          

  1. Executive Summary
  2. Smart Speaker Market
    1. Product Overview
    2. Market Definition
    3. Segmentation
    4. Assumptions and Acronyms
  3. Research Methodology
    1. Research Objectives
    2. Primary Research
    3. Secondary Research
    4. Forecast Model
    5. Market Size Estimation
  4. Average Pricing Analysis
  5. Macro-Economic Indicators
  6. Market Dynamics
    1. Growth Drivers
    2. Restraints
    3. Opportunity
    4. Trends
  7. Correlation & Regression Analysis
    1. Correlation Matrix
    2. Regression Matrix
  8. Recent Development, Policies & Regulatory Landscape
  9. Risk Analysis
    1. Demand Risk Analysis
    2. Supply Risk Analysis
  10. Smart Speaker Market Analysis
    1. Porters Five Forces
      1. Threat of New Entrants
      2. Bargaining Power of Suppliers
      3. Threat of Substitutes
      4. Rivalry
    2. PEST Analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
  11. Smart Speaker Market
    1. Market Size & forecast, 2020A-2030F
      1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
  12. Smart Speaker Market: Market Segmentation
    1. By Regions
      1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    2. By Intelligent Virtual Assistant: Market Share (2020-2030F)
      1. Amazon Alexa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Google Assistant, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      3. Siri, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      4. Cortana, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    3. By End-User: Market Share (2020-2030F)
      1. Personal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Commercial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    4. By Distribution Channel: Market Share (2020-2030F)
      1. Online, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Offline, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    5. By Price: Market Share (2020-2030F)
      1. Low (Less than 100), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Mid ($101 to $200), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      3. Premium (Above $200), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

  1. Apple
    1. Company Overview
    2. Company Total Revenue (Financials)
    3. Market Potential
    4. Global Presence
    5. Key Performance Indicators
    6. SWOT Analysis
    7. Product Launch
  2. Fitbit
  3. Garmin
  4. Lenovo
  5. Samsung Electronics
  6. Xiaomi
  7. Adidas
  8. Amiigo
  9. AsusTek Computer
  10. Atlas Wearables
  11. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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