Global Smart Speakers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Smart Speakers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A smart speaker is a type of loudspeaker and voice command device with an integrated virtual assistant that offers interactive actions and hands-free activation with the help of one "hot word" (or several "hot words"). Some smart speakers can also act as a smart device that utilizes Wi-Fi, Bluetooth and other protocol standards to extend usage beyond audio playback, such as to control home automation devices. This can include, but is not limited to, features such as compatibility across a number of services and platforms, peer-to-peer connection through mesh networking, virtual assistants, and others. Each can have its own designated interface and features in-house, usually launched or controlled via application or home automation software. Some smart speakers also include a screen to show the user a visual response.

A smart speaker with a touchscreen is known as a smart display. It is a smart Bluetooth device that integrates conversational user interface with display screens to augment voice interaction with images and video. They are powered by one of the common voice assistants and offer controls for smart home devices, feature streaming apps and web browsers with touch controls for selecting content.

According to our (Global Info Research) latest study, the global Smart Speakers market size was valued at US$ 15260 million in 2023 and is forecast to a readjusted size of USD 29720 million by 2030 with a CAGR of 10.1% during review period.

Amazon is the largest manufacturer of smart speakers in the world, has a market share of over 24%. Other key players include Google, Alibaba, Xiaomi and Apple, etc. Geographically speaking, North America and Asia-Pacific is the largest market, has a market share of over 70%. In terms of type, without displays is most popular and has a market share of about 70%. In terms of application, online sales is the dominant field and accounts for about 70% market share.

This report is a detailed and comprehensive analysis for global Smart Speakers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Smart Speakers market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Smart Speakers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Smart Speakers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Smart Speakers market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Smart Speakers

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Smart Speakers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Amazon, Google, Alibaba, Baidu, Xiaomi, Apple, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Smart Speakers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
with Displays
without Displays

Market segment by Application
Online
Offline

Major players covered
Amazon
Google
Alibaba
Baidu
Xiaomi
Apple

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Smart Speakers product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Smart Speakers, with price, sales quantity, revenue, and global market share of Smart Speakers from 2019 to 2024.

Chapter 3, the Smart Speakers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Smart Speakers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Smart Speakers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Speakers.

Chapter 14 and 15, to describe Smart Speakers sales channel, distributors, customers, research findings and conclusion.