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Market Research Report
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909037

Smart Speaker

Published: | Global Industry Analysts, Inc. | 147 Pages | Delivery time: 1-2 business days

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Smart Speaker
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 147 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

Abstract:

Global Smart Speaker Market to Reach $19 Billion by 2027

Amid the COVID-19 crisis, the global market for Smart Speaker estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$19 Billion by 2027, growing at a CAGR of 31.9% over the analysis period 2020-2027. Alexa, one of the segments analyzed in the report, is projected to record a 34.2% CAGR and reach US$10.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Google segment is readjusted to a revised 32.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $825.4 Million, While China is Forecast to Grow at 30.8% CAGR

The Smart Speaker market in the U.S. is estimated at US$825.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 30.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.6% and 27.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 22.3% CAGR.

Siri Segment to Record 28.2% CAGR

In the global Siri segment, USA, Canada, Japan, China and Europe will drive the 28.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$388.8 Million in the year 2020 will reach a projected size of US$2.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.3 Billion by the year 2027.

Select Competitors (Total 47 Featured) -

  • Alibaba (China) Co., Ltd.
  • Alphabet, Inc.
  • Altec Lansing
  • Amazon.com, Inc.
  • Anker Innovations Ltd.
  • Apple, Inc.
  • Avnera Corporation
  • Baidu, Inc.
  • Bose Corporation
  • Fabriq
  • HARMAN International
  • Invoxia
  • Lenovo Group Ltd.
  • LG Electronics Inc.
  • Libratone A/S
  • Mobvoi HK Limited
  • ONKYO USA Corporation
  • Panasonic Corporation
  • Pioneer Electronics (USA) Inc.
  • SK Telecom Co., Ltd.
  • Sonos, Inc.
  • Sony Corporation
  • Ultimate Ears
  • Xiaomi, Inc.
Table of Contents
Product Code: MCP14850

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Impact of Covid-19 and a Looming Global Recession
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Current & Future Analysis for Smart Speaker by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 2: World 7-Year Perspective for Smart Speaker by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
    • TABLE 3: World Current & Future Analysis for Alexa by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 4: World 7-Year Perspective for Alexa by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 5: World Current & Future Analysis for Google by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 6: World 7-Year Perspective for Google by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 7: World Current & Future Analysis for Siri by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 8: World 7-Year Perspective for Siri by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 9: World Current & Future Analysis for Other Assistants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 10: World 7-Year Perspective for Other Assistants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 11: World Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 12: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 13: World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 14: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS

  • UNITED STATES
    • TABLE 15: USA Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 16: USA 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 17: USA Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 18: USA 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • CANADA
    • TABLE 19: Canada Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 20: Canada 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 21: Canada Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 22: Canada 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • JAPAN
    • TABLE 23: Japan Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 24: Japan 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 25: Japan Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 26: Japan 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • CHINA
    • TABLE 27: China Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 28: China 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 29: China Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 30: China 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • EUROPE
    • TABLE 31: Europe Current & Future Analysis for Smart Speaker by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 32: Europe 7-Year Perspective for Smart Speaker by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
    • TABLE 33: Europe Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 34: Europe 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 35: Europe Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 36: Europe 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • FRANCE
    • TABLE 37: France Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 38: France 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 39: France Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 40: France 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • GERMANY
    • TABLE 41: Germany Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 42: Germany 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 43: Germany Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 44: Germany 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • ITALY
    • TABLE 45: Italy Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 46: Italy 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 47: Italy Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 48: Italy 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • UNITED KINGDOM
    • TABLE 49: UK Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 50: UK 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 51: UK Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 52: UK 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • REST OF EUROPE
    • TABLE 53: Rest of Europe Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 54: Rest of Europe 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 55: Rest of Europe Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 56: Rest of Europe 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • ASIA-PACIFIC
    • TABLE 57: Asia-Pacific Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 58: Asia-Pacific 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 59: Asia-Pacific Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 60: Asia-Pacific 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027
  • REST OF WORLD
    • TABLE 61: Rest of World Current & Future Analysis for Smart Speaker by Assistant - Alexa, Google, Siri and Other Assistants - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 62: Rest of World 7-Year Perspective for Smart Speaker by Assistant - Percentage Breakdown of Value Sales for Alexa, Google, Siri and Other Assistants for the Years 2020 & 2027
    • TABLE 63: Rest of World Current & Future Analysis for Smart Speaker by Component - Hardware and Software - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 64: Rest of World 7-Year Perspective for Smart Speaker by Component - Percentage Breakdown of Value Sales for Hardware and Software for the Years 2020 & 2027

IV. COMPETITION

  • Total Companies Profiled: 47