Smart Home Speaker Market in US 2025-2029

Description

List of Tables

The smart home speaker market in us is forecasted to grow by USD 6,411.5 mn during 2024-2029, accelerating at a CAGR of 23.2% during the forecast period. The report on the smart home speaker market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapidly increasing unit sales of smart home speakers, partnerships increasing adoption of smart home speakers, and growing popularity of voice commerce.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	18.2%
CAGR	23.2%
Incremental Value	$6,411.5 mn

Technavio's smart home speaker market in us is segmented as below:

By Platform

Amazon alexa
Google assistant
Others

By Distribution Channel

Online
Offline

By Product Type

Standalone smart speakers
Smart displays
Soundbars with smart assistants

By Price

Budget
Mid-range
Premium

This study identifies the growing prominence of smart displays as one of the prime reasons driving the smart home speaker market in us growth during the next few years. Also, growing use of smart home speakers for music and digital content streaming and greater adoption of smart homes and smart connected devices will lead to sizable demand in the market.

The report on the smart home speaker market in us covers the following areas:

Smart Home Speaker Market in US sizing
Smart Home Speaker Market in US forecast
Smart Home Speaker Market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart home speaker market in us vendors that include Amazon.com Inc., Apple Inc., Bose Corp., Bowers and Wilkins, FABRIQ, Google LLC, Invoxia, JD.com Inc., Lenovo Group Ltd., LG Electronics Inc., Plantronics Inc., Samsung Electronics Co. Ltd., Sonos Inc., Sony Group Corp., and Xiaomi Inc.. Also, the smart home speaker market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR73806

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Platform
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by Price
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US: Year-over-year growth 2024-2029 (%)
- Data Table on US: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Smart Home Speaker Market in US 2019 - 2023
- Historic Market Size - Data Table on Smart Home Speaker Market in US 2019 - 2023 ($ million)
5.2 Platform segment analysis 2019 - 2023
- Historic Market Size - Platform Segment 2019 - 2023 ($ million)
5.3 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
5.4 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
5.5 Price segment analysis 2019 - 2023
- Historic Market Size - Price Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on smart home speaker market in US

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Platform

8.1 Market segments
- Chart on Platform - Market share 2024-2029 (%)
- Data Table on Platform - Market share 2024-2029 (%)
8.2 Comparison by Platform
- Chart on Comparison by Platform
- Data Table on Comparison by Platform
8.3 Amazon alexa - Market size and forecast 2024-2029
- Chart on Amazon alexa - Market size and forecast 2024-2029 ($ million)
- Data Table on Amazon alexa - Market size and forecast 2024-2029 ($ million)
- Chart on Amazon alexa - Year-over-year growth 2024-2029 (%)
- Data Table on Amazon alexa - Year-over-year growth 2024-2029 (%)
8.4 Google assistant - Market size and forecast 2024-2029
- Chart on Google assistant - Market size and forecast 2024-2029 ($ million)
- Data Table on Google assistant - Market size and forecast 2024-2029 ($ million)
- Chart on Google assistant - Year-over-year growth 2024-2029 (%)
- Data Table on Google assistant - Year-over-year growth 2024-2029 (%)
8.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Platform
- Market opportunity by Platform ($ million)
- Data Table on Market opportunity by Platform ($ million)

9 Market Segmentation by Distribution Channel

9.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)
9.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
9.3 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ million)
- Data Table on Online - Market size and forecast 2024-2029 ($ million)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)
9.4 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ million)
- Data Table on Offline - Market size and forecast 2024-2029 ($ million)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

10 Market Segmentation by Product Type

10.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
10.3 Standalone smart speakers - Market size and forecast 2024-2029
- Chart on Standalone smart speakers - Market size and forecast 2024-2029 ($ million)
- Data Table on Standalone smart speakers - Market size and forecast 2024-2029 ($ million)
- Chart on Standalone smart speakers - Year-over-year growth 2024-2029 (%)
- Data Table on Standalone smart speakers - Year-over-year growth 2024-2029 (%)
10.4 Smart displays - Market size and forecast 2024-2029
- Chart on Smart displays - Market size and forecast 2024-2029 ($ million)
- Data Table on Smart displays - Market size and forecast 2024-2029 ($ million)
- Chart on Smart displays - Year-over-year growth 2024-2029 (%)
- Data Table on Smart displays - Year-over-year growth 2024-2029 (%)
10.5 Soundbars with smart assistants - Market size and forecast 2024-2029
- Chart on Soundbars with smart assistants - Market size and forecast 2024-2029 ($ million)
- Data Table on Soundbars with smart assistants - Market size and forecast 2024-2029 ($ million)
- Chart on Soundbars with smart assistants - Year-over-year growth 2024-2029 (%)
- Data Table on Soundbars with smart assistants - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)

11 Market Segmentation by Price

11.1 Market segments
- Chart on Price - Market share 2024-2029 (%)
- Data Table on Price - Market share 2024-2029 (%)
11.2 Comparison by Price
- Chart on Comparison by Price
- Data Table on Comparison by Price
11.3 Budget - Market size and forecast 2024-2029
- Chart on Budget - Market size and forecast 2024-2029 ($ million)
- Data Table on Budget - Market size and forecast 2024-2029 ($ million)
- Chart on Budget - Year-over-year growth 2024-2029 (%)
- Data Table on Budget - Year-over-year growth 2024-2029 (%)
11.4 Mid-range - Market size and forecast 2024-2029
- Chart on Mid-range - Market size and forecast 2024-2029 ($ million)
- Data Table on Mid-range - Market size and forecast 2024-2029 ($ million)
- Chart on Mid-range - Year-over-year growth 2024-2029 (%)
- Data Table on Mid-range - Year-over-year growth 2024-2029 (%)
11.5 Premium - Market size and forecast 2024-2029
- Chart on Premium - Market size and forecast 2024-2029 ($ million)
- Data Table on Premium - Market size and forecast 2024-2029 ($ million)
- Chart on Premium - Year-over-year growth 2024-2029 (%)
- Data Table on Premium - Year-over-year growth 2024-2029 (%)
11.6 Market opportunity by Price
- Market opportunity by Price ($ million)
- Data Table on Market opportunity by Price ($ million)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 Amazon.com Inc.
- Amazon.com Inc. - Overview
- Amazon.com Inc. - Business segments
- Amazon.com Inc. - Key news
- Amazon.com Inc. - Key offerings
- Amazon.com Inc. - Segment focus
- SWOT
15.5 Apple Inc.
- Apple Inc. - Overview
- Apple Inc. - Business segments
- Apple Inc. - Key news
- Apple Inc. - Key offerings
- Apple Inc. - Segment focus
- SWOT
15.6 Bose Corp.
- Bose Corp. - Overview
- Bose Corp. - Product / Service
- Bose Corp. - Key news
- Bose Corp. - Key offerings
- SWOT
15.7 Bowers and Wilkins
- Bowers and Wilkins - Overview
- Bowers and Wilkins - Product / Service
- Bowers and Wilkins - Key offerings
- SWOT
15.8 FABRIQ
- FABRIQ - Overview
- FABRIQ - Product / Service
- FABRIQ - Key offerings
- SWOT
15.9 Google LLC
- Google LLC - Overview
- Google LLC - Product / Service
- Google LLC - Key news
- Google LLC - Key offerings
- SWOT
15.10 Invoxia
- Invoxia - Overview
- Invoxia - Product / Service
- Invoxia - Key offerings
- SWOT
15.11 JD.com Inc.
- JD.com Inc. - Overview
- JD.com Inc. - Business segments
- JD.com Inc. - Key offerings
- JD.com Inc. - Segment focus
- SWOT
15.12 Lenovo Group Ltd.
- Lenovo Group Ltd. - Overview
- Lenovo Group Ltd. - Business segments
- Lenovo Group Ltd. - Key news
- Lenovo Group Ltd. - Key offerings
- Lenovo Group Ltd. - Segment focus
- SWOT
15.13 LG Electronics Inc.
- LG Electronics Inc. - Overview
- LG Electronics Inc. - Product / Service
- LG Electronics Inc. - Key offerings
- SWOT
15.14 Plantronics Inc.
- Plantronics Inc. - Overview
- Plantronics Inc. - Product / Service
- Plantronics Inc. - Key offerings
- SWOT
15.15 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
- SWOT
15.16 Sonos Inc.
- Sonos Inc. - Overview
- Sonos Inc. - Product / Service
- Sonos Inc. - Key news
- Sonos Inc. - Key offerings
- SWOT
15.17 Sony Group Corp.
- Sony Group Corp. - Overview
- Sony Group Corp. - Business segments
- Sony Group Corp. - Key offerings
- Sony Group Corp. - Segment focus
- SWOT
15.18 Xiaomi Inc.
- Xiaomi Inc. - Overview
- Xiaomi Inc. - Business segments
- Xiaomi Inc. - Key news
- Xiaomi Inc. - Key offerings
- Xiaomi Inc. - Segment focus
- SWOT

16 Appendix

16.1 Scope of the report
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations