Global Smart Speakers Market Forecast 2019-2027

KEY FINDINGS

The global CAGR of the smart speaker market is expected to be 24.91% during the forecasted period 2019-2027. Even though it is an emerging market, competition is rising rapidly as companies are coming up with new launches.

MARKET INSIGHTS

The global smart speaker market is segmented by an intelligent virtual assistant, end users and distribution channel. Intelligent virtual assistant is sub-divided into Alexa, google assistant, Siri and Cortana and others. The end-users segment of global smart speakers market includes personal and commercial. Distribution channel segment includes online and offline channels.

REGIONAL INSIGHTS

The global smart speaker market is geographically segmented as North America, Europe, Asia-pacific and the rest of the world. The regional structure of the smart speaker market is dominated by the North American region by capturing the largest market share in terms of revenue.

COMPETITIVE INSIGHTS

Prominent players in the global smart speaker market are Alibaba Group Holding Limited, Alphabet Inc., Amazon.Com Inc., Apple Inc., Bose Corporation, Lg Corporation, Panasonic Corporation, Pioneer Corporation, Plantronics Inc., Samsung Electronics Co. Ltd., Sonos and Xiaomi Corporation.

Table of Contents

1. RESEARCH SCOPE

• 1.1. STUDY GOALS
• 1.2. SCOPE OF THE MARKET STUDY
• 1.3. WHO WILL FIND THIS REPORT USEFUL?
• 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

• 2.1. SOURCES OF DATA
• 2.1.1. SECONDARY DATA
• 2.1.2. PRIMARY DATA
• 2.2. TOP DOWN APPROACH
• 2.3. BOTTOM-UP APPROACH
• 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

• 3.1. MARKET SUMMARY
• 3.2. KEY FINDINGS
• 3.2.1. DEVELOPMENTS IN THE SMART SPEAKERS MARKET
• 3.2.2. RISING COMPETITION TO CAPTURE GREATER MARKET SHARE
• 3.2.3. POPULAR LOCATIONS FOR SMART SPEAKERS USAGE
• 3.2.4. AMAZON ECHO COMMAND AROUND TWO-THIRDS OF THE MARKET
• 3.2.5. EMERGENCE OF VOICE COMMERCE

4. MARKET DYNAMICS

• 4.1. MARKET DEFINITION & SCOPE
• 4.2. MARKET DRIVERS
• 4.2.1. RAPID INCREASE IN THE USAGE OF SMART DEVICES AT HOME
• 4.2.2. MILLENNIALS ATTRACTION TOWARDS SMART HOMES
• 4.2.3. INCREASE IN ADOPTION OF MULTIFUNCTIONAL DEVICES BY SMALL, MEDIUM & LARGE ENTERPRISES
• 4.3. MARKET RESTRAINTS
• 4.3.1. SECURITY AND PRIVACY CHALLENGES
• 4.3.2. LANGUAGE SUPPORT IN VOICE ASSISTANTS
• 4.4. MARKET OPPORTUNITIES
• 4.4.1. DEMAND IS RISING RAPIDLY
• 4.4.2. SMART SPEAKER OWNERS USES 3RD-PARTY VOICE APPS
• 4.4.3. ADOPTION OF VOICE APPS, SMART HOME, CALLING AND MESSAGING HAVE ROOM FOR GROWTH
• 4.4.4. NEW DEVELOPMENTS
• 4.5. MARKET CHALLENGES
• 4.5.1. LACK OF KNOWLEDGE BASE
• 4.5.2. PRICING & TECHNOLOGICAL ADVANCEMENT RESTRICTING GROWTH OF THE MARKET

5. MARKET BY INTELLIGENT VIRTUAL ASSISTANT

• 5.1. ALEXA
• 5.2. GOOGLE ASSISTANT
• 5.3. SIRI
• 5.4. CORTANA
• 5.5. OTHERS

6. MARKET BY END USERS

• 6.1. PERSONAL USE
• 6.2. COMMERCIAL USE

7. MARKET BY DISTRIBUTION CHANNEL

• 7.1. ONLINE
• 7.2. OFFLINE

8. KEY ANALYTICS

• 8.1. PORTERS FIVE FORCES ANALYSIS
• 8.1.1. BARGAINING POWER OF BUYERS
• 8.1.2. BARGAINING POWER OF SUPPLIERS
• 8.1.3. THREAT OF NEW ENTRANTS
• 8.1.4. THREAT OF SUBSTITUTES
• 8.1.5. THREAT OF COMPETITIVE RIVALRY
• 8.2. OPPORTUNITY MATRIX
• 8.3. VENDOR LANDSCAPE

9. GEOGRAPHICAL ANALYSIS

• 9.1. NORTH AMERICA
• 9.1.1. UNITED STATES
• 9.1.2. CANADA
• 9.2. EUROPE
• 9.2.1. UNITED KINGDOM
• 9.2.2. FRANCE
• 9.2.3. ITALY
• 9.2.4. RUSSIA
• 9.2.5. SPAIN
• 9.2.6. GERMANY
• 9.2.7. REST OF EUROPE
• 9.3. ASIA PACIFIC
• 9.3.1. CHINA
• 9.3.2. INDIA
• 9.3.3. JAPAN
• 9.3.4. AUSTRALIA
• 9.3.5. SOUTH KOREA
• 9.3.6. REST OF ASIA PACIFIC
• 9.4. REST OF WORLD
• 9.4.1. LATIN AMERICA
• 9.4.2. MIDDLE EAST AND AFRICA

10. COMPANY PROFILES

• 10.1. ALIBABA GROUP HOLDING LIMITED
• 10.2. ALPHABET INC.
• 10.3. AMAZON.COM, INC.
• 10.4. APPLE INC.
• 10.5. BOSE CORPORATION
• 10.6. LG CORPORATION
• 10.7. PANASONIC CORPORATION
• 10.8. PIONEER CORPORATION
• 10.9. PLANTRONICS, INC.
• 10.10. SAMSUNG ELECTRONICS CO., LTD.
• 10.11. SONOS
• 10.12. XIAOMI CORPORATION

LIST OF TABLES

• TABLE 1. GLOBAL SMART SPEAKERS MARKET, BY GEOGRAPHY 2019-2027 ($ MILLIONS)
• TABLE 2. GLOBAL SMART SPEAKERS MARKET, BY INTELLIGENT VIRTUAL ASSISTANT, 2019-2027 (IN $ MILLION)
• TABLE 3. GLOBAL ALEXA MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 4. GLOBAL GOOGLE ASSISTANT MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 5. GLOBAL SIRI MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 6. GLOBAL CORTANA MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 7. GLOBAL OTHERS MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 8. GLOBAL SMART SPEAKERS MARKET, BY END USERS, 2019-2027 (IN $ MILLION)
• TABLE 9. GLOBAL PERSONAL MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 10. GLOBAL COMMERCIAL MARKET, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 11. GLOBAL SMART SPEAKERS MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ MILLION)
• TABLE 12. GLOBAL ONLINE DISTRIBUTION, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 13. GLOBAL OFFLINE DISTRIBUTION, BY GEOGRAPHY, 2019-2027 ($ MILLIONS)
• TABLE 14. OPPORTUNITY MATRIX
• TABLE 15. VENDOR LANDSCAPE
• TABLE 16. GLOBAL SMART SPEAKERS MARKET, BY GEOGRAPHY, 2019-2027 ($MILLIONS)
• TABLE 17. NORTH AMERICA SMART SPEAKERS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
• TABLE 18. EUROPE SMART SPEAKERS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
• TABLE 19. ASIA PACIFIC SMART SPEAKERS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
• TABLE 20. REST OF WORLD SMART SPEAKERS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

• FIGURE 1. GLOBAL SMART SPEAKERS MARKET, BY INTELLIGENT VIRTUAL ASSISTANT, 2018 & 2027 (IN $MILLIONS)
• FIGURE 2. GLOBAL SMART SPEAKERS MARKET BY ALEXA, 2019-2027 (IN $ MILLION)
• FIGURE 3. GLOBAL SMART SPEAKER MARKET BY GOOGLE ASSISTANT, 2019-2027 (IN $ MILLION)
• FIGURE 4. GLOBAL SMART SPEAKER MARKET BY SIRI, 2019-2027 (IN $ MILLION)
• FIGURE 5. GLOBAL SMART SPEAKERS MARKET BY CORTANA, 2019-2027 (IN $ MILLION)
• FIGURE 6. GLOBAL SMART SPEAKERS MARKET BY OTHERS, 2019-2027 (IN $ MILLION)
• FIGURE 7. GLOBAL SMART SPEAKERS MARKET BY PERSONAL USE, 2019-2027 (IN $ MILLION)
• FIGURE 8. GLOBAL SMART SPEAKERS MARKET BY COMMERCIAL USE, 2019-2027 (IN $ MILLION)
• FIGURE 9. GLOBAL SMART SPEAKERS MARKET BY ONLINE DISTRIBUTION, 2019-2027 (IN $ MILLION)
• FIGURE 10. GLOBAL SMART SPEAKERS MARKET BY OFFLINE DISTRIBUTION, 2019-2027 (IN $ MILLION)
• FIGURE 11. GLOBAL SMART SPEAKERS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
• FIGURE 12. UNITED STATES SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 13. CANADA SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 14. UNITED KINGDOM SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 15. FRANCE SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 16. ITALY SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 17. RUSSIA SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 18. SPAIN SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 19. GERMANY SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 20. REST OF EUROPE SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 21. SMART SPEAKER PENETRATION IN HOUSEHOLDS IN REST OF EUROPEAN COUNTRIES
• FIGURE 22. CHINA SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 23. INDIA SMART SPEAKERS MARKET, 2019-2027 ($MILLIONS)
• FIGURE 24. JAPAN SMART SPEAKERS MARKET, 2019-2027 (IN $ MILLION)
• FIGURE 25. AUSTRALIA SMART SPEAKERS MARKET, 2019-2027 ($MILLIONS)
• FIGURE 26. SOUTH KOREA SMART SPEAKERS MARKET, 2019-2027 ($MILLIONS)
• FIGURE 27. REST OF APAC SMART SPEAKERS MARKET 2019-2027 ($MILLIONS)
• FIGURE 28. LATIN AMERICA SMART SPEAKERS MARKET 2019-2027 ($MILLIONS)
• FIGURE 29. MIDDLE EAST AND AFRICA SMART SPEAKERS MARKET 2019-2027 ($MILLIONS)