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Market Research Report

Smart Speaker Market & Volume By Platform (Amazon Alexa, Google Assistant, Apple Siri, Others), Countries (USA, UK, Germany, China, Others), Regions (NA, LA, EE, WE, Asia-Pac, Middle East & Africa), Companies (Amazon, Apple, Google, Microsoft, Xiaomi)

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Smart Speaker Market & Volume By Platform (Amazon Alexa, Google Assistant, Apple Siri, Others), Countries (USA, UK, Germany, China, Others), Regions (NA, LA, EE, WE, Asia-Pac, Middle East & Africa), Companies (Amazon, Apple, Google, Microsoft, Xiaomi)
Published: May 24, 2019 Content info: 199 Pages
Description

Smart speaker is the newest hi-tech innovation in the field of audio systems, which has changed the way people use speakers. Smart speaker is a wireless speaker powered by artificial intelligence virtual assistant and is facilitated by Bluetooth, Wi-Fi or other wireless features. Smart speaker is the leading segment of today's audio systems as it performs different tasks including news reading, weather update, listening music, placing an order to a website, scheduling reminders, integrating smart home devices and so on, just on voice command. These smart features of a smart speaker offer an edge to dominate consumer technology market over other substitute products and services. Global Smart Speaker Market is expected to be more than USD 18 Billion by the end of year 2024.

Smart speaker is a key assimilation of improved microphones, automated speech recognition software and natural language processing (NLP), which help smart speaker to identify and process the voice command of the user with absolute precision. Growing smart home devices demand, penetration of artificial intelligence and consumer demand for easy, portable, convenient and smart devices are some of the major factors, which are driving the growth of smart speakers market globally. Besides, collaborations and partnerships among the smart homemakers and manufacturers of smart speakers further expected to boost the smart speakers market over the upcoming years. In contrary, the potential exploitation of consumers' data privacy by the manufacturers of smart speakers and the threat of illegitimate cyber-attacks are among the major issues that would hinder the growth of smart speakers market as smart speakers offer personalized service to their users by collecting and analyzing user's data.

Renub Research report titled "Smart Speaker Market & Volume By Platform (Amazon Alexa, Google Assistant, Apple Siri, Others), Countries (United States, United Kingdom, Germany, China, Others), Regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa), Companies (Amazon, Apple, Google, Microsoft, Xiaomi)" provides a complete analysis of global smart speaker market.

Amazon Alexa holds majority of Market in the Global Smart Speaker Segment

On the basis of platform, global smart speaker market is further segmented into Amazon Alexa, Google Assistant, Apple Siri, Others. Amazon Alexa holds majority of market share in the global smart speaker market.

North America is dominates Smart Speaker Market Globally

In this report, we have done comprehensive analysis of smart speaker volume and market by regions. The covered regions are; North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa. The demand of smart speaker in North America is quite huge and its sales are growing at rapid pace.

United States is the leading Country in Smart Speaker Market

Smart speaker market is growing across all parts of the world. Market growth rates varies in the countries covered in the report United States, United Kingdom, Germany, China, Others. United States is the leading country in smart speaker market globally.

Companies Analysis

Amazon, Apple, Google, Microsoft, Xiaomi are some of the top companies that are working in smart speaker market. All the companies have been studied from the following points.

  • Overview
  • Initiatives & Recent Developments
  • Sales

Segments - Global Smart Speaker Market & Volume

  • Smart Speaker Volume
  • Smart Speaker Market

Platforms - Global Smart Speaker Market & Volume

  • Amazon Alexa
  • Google Assistant
  • Apple Siri
  • Others

Countries - Global Smart Speaker Market & Volume

  • United States
  • United Kingdom
  • Germany
  • China
  • Others

Regions - Global Smart Speaker Market & Volume

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific
  • Middle East & Africa

Companies Covered

  • Amazon
  • Apple
  • Google
  • Microsoft
  • Xiaomi
Table of Contents

Table of Contents

1. Introduction

2. Research & Methodology

3. Growth Driver - Smart Speaker

  • 3.1. Growing Market of Smart Homes
  • 3.2. Growing GDP per Capita
  • 3.3. Rising Internet Penetration across the Globe

4. Challenges- Smart Speaker

  • 4.1. Issues related to Compatibility and Power
  • 4.2. Privacy and Security Concern
  • 4.3. Localization of Languages
  • 4.4. High Cost of the Devices

5. Opportunities - Smart Speaker

  • 5.1. Increasing Focus of Companies on Enhancing Customer Experience
  • 5.2. Establishment of 5G Infrastructure
  • 5.3. Advancement of Natural Language Processing (NLP)

6. Comparison of Products - Smart Speaker

7. Smart Speaker Volume & Market Analysis

  • 7.1. Smart Speaker Market
  • 7.2. Smart Speaker Volume

8. Market Share - Smart Speaker Analysis

  • 8.1. By Platform
  • 8.2. By Country
  • 8.3. By Regions

9. Volume Share - Smart Speaker Analysis

  • 9.1. By Platform
  • 9.2. By Country
  • 9.3. By Regions

10. Platform - Smart Speaker Market

  • 10.1. Amazon Alexa
  • 10.2. Google Assistant
  • 10.3. Apple Siri
  • 10.4. Others

11. Platform - Smart Speaker Volume

  • 11.1. Amazon Alexa
  • 11.2. Google Assistant
  • 11.3. Apple Siri
  • 11.4. Others

12. Regions - Smart Speaker Market

  • 12.1. North America
  • 12.2. Latin America
  • 12.3. Eastern Europe
  • 12.4. Western Europe
  • 12.5. Asia Pacific
  • 12.6. Middle East & Africa

13. Regions - Smart Speaker Volume

  • 13.1. North America
  • 13.2. Latin America
  • 13.3. Eastern Europe
  • 13.4. Western Europe
  • 13.5. Asia Pacific
  • 13.6. Middle East & Africa

14. Country - Smart Speaker Market

  • 14.1. United States
  • 14.2. United Kingdom
  • 14.3. Germany
  • 14.4. China
  • 14.5. Others

15. Country - Smart Speaker Volume

  • 15.1. United States
  • 15.2. United Kingdom
  • 15.3. Germany
  • 15.4. China
  • 15.5. Others

16. Investments

17. Companies Covered

  • 17.1. Amazon
  • 17.2. Apple
  • 17.3. Google
  • 17.4. Microsoft
  • 17.5. Xiaomi

List of Figures:

  • Figure-01: Global - Smart Speaker Market (Million US$), 2018 & 2024
  • Figure-02: Global - Smart Speaker Volume (Million Unit), 2018 & 2024
  • Figure-03: Global - Smart Home Market (Billion US$), 2016 - 2024
  • Figure-04: Comparison of Smart Speakers
  • Figure-05: Global - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-06: Global - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-07: Global - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-08: Global - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-09: Global - Smart Speaker Market Share by Platform (Percent), 2017 - 2018
  • Figure-10: Global - Forecast for Smart Speaker Market Share by Platform (Percent), 2019 - 2024
  • Figure-11: Smart Speaker Market Share by Country (Percent), 2017 - 2018
  • Figure-12: Forecast for Smart Speaker Market Share by Country (Percent), 2019 - 2024
  • Figure-13: Smart Speaker Market Share by Regions (Percent), 2017 - 2018
  • Figure-14: Forecast for Smart Speaker Market Share by Regions (Percent), 2019 - 2024
  • Figure-15: Global - Smart Speaker Volume Share by Platform (Percent), 2017 - 2018
  • Figure-16: Global - Forecast for Smart Speaker Volume Share by Platform (Percent), 2019 - 2024
  • Figure-17: Smart Speaker Volume Share by Country (Percent), 2017 - 2018
  • Figure-18: Forecast for Smart Speaker Volume Share by Country (Percent), 2019 - 2024
  • Figure-19: Smart Speaker Volume Share by Regions (Percent), 2017 - 2018
  • Figure-20: Forecast for Smart Speaker Volume Share by Regions (Percent), 2019 - 2024
  • Figure-21: Amazon Alexa - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-22: Amazon Alexa - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-23: Google Assistant - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-24: Google Assistant - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-25: Apple Siri - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-26: Apple Siri - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-27: Other Platform - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-28: Other Platform - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-29: Amazon Alexa - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-30: Amazon Alexa - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-31: Google Assistant - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-32: Google Assistant - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-33: Apple Siri - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-34: Apple Siri - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-35: Other Platform - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-36: Other Platform - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-37: North America - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-38: North America - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-39: Latin America - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-40: Latin America - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-41: Eastern Europe - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-42: Eastern Europe - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-43: Western Europe - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-44: Western Europe - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-45: Asia Pacific - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-46: Asia Pacific - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-47: Middle East & Africa - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-48: Middle East & Africa - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-49: North America - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-50: North America - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-51: Latin America - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-52: Latin America - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-53: Eastern Europe - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-54: Eastern Europe - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-55: Western Europe - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-56: Western Europe - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-57: Asia Pacific - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-58: Asia Pacific - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-59: Middle East & Africa - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-60: Middle East & Africa - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-61: United States - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-62: United States - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-63: United Kingdom - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-64: United Kingdom - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-65: Germany - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-66: Germany - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-67: China - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-68: China - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-69: Others - Smart Speaker Market (Million US$), 2017 - 2018
  • Figure-70: Others - Forecast for Smart Speaker Market (Million US$), 2019 - 2024
  • Figure-71: United States - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-72: United States - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-73: United Kingdom - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-74: United Kingdom - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-75: Germany - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-76: Germany - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-77: China - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-78: China - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-79: Others - Smart Speaker Volume (Million), 2017 - 2018
  • Figure-80: Others - Forecast for Smart Speaker Volume (Million), 2019 - 2024
  • Figure-81: Investments by VC firms and Others
  • Figure-82: Amazon - Global Sales (Million US$), 2013 - 2018
  • Figure-83: Amazon - Forecast for Global Sales (Million US$), 2019 - 2024
  • Figure-84: Apple - Global Sales (Million US$), 2013 - 2018
  • Figure-85: Apple - Forecast for Global Sales (Million US$), 2019 - 2024
  • Figure-86: Google - Global Sales (Million US$), 2014 - 2018
  • Figure-87: Google - Forecast for Global Sales (Million US$), 2019 - 2024
  • Figure-88: Microsoft - Global Sales (Million US$), 2014 - 2018
  • Figure-89: Microsoft - Forecast for Global Sales (Million US$), 2019 - 2024
  • Figure-90: Xiaomi - Global Sales (Million US$), 2015 - 2018
  • Figure-91: Xiaomi - Forecast for Global Sales (Million US$), 2019 - 2024
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