Smart Speakers Market Size, Share, Opportunities, And Trends by Component (Hardware, Software), And by Geography - Forecast from 2025 to 2030
- Published : Jan 2025
- Report Code : KSI061613008
- Pages : 146
The smart speakers market is projected to grow at a CAGR of 17.37% between 2025 to 2030.
Smart speakers are wireless, voice-enabled devices with built-in virtual assistants that are capable of streaming audio content, relaying information, and communicating with other devices.
Smart Speakers Market Trends:
The rising demand for smart home devices will boost the demand for these devices during the given forecast period. Additionally, rising disposable income has increased the ability of consumers to invest in new technology and devices, thus, augmenting the growth of the market through 2024. However, security concerns regarding the private data of consumers might restrict the growth of the smart speakers market during the given time frame.
The “Smart Speakers Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyses key opportunities in regional markets and the current technology penetration through lifecycle analysis. The report also analyses the market through comprehensive market segmentation by component and geography.
The smart speakers market has been segmented based on components and geography. Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The report also analyses 15 countries across these regions with a thorough analysis and forecast along with prevailing market trends and opportunities that each of these countries presents for the manufacturers.
Major players in the smart speakers market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along the recent developments of these important players in the smart speakers market.
Smart Speakers Market Segmentation:
- By Component
- Hardware
- Software
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Others
- Middle East and Africa
- Saudi Arabia
- South Africa
- Others
- Asia Pacific
- China
- Japan
- India
- Others
- North America
Updated on: Jan 6, 2025
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