Smart Home Speaker Market in US 2024-2028

Smart Home Speaker Market In US 2024-2028


The smart home speaker market in us is forecasted to grow by USD 4641.7 mn during 2023-2028, accelerating at a CAGR of 20.6% 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.

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 Geographical Landscape
  • North America
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 Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Apple Inc., Baidu Inc., Bose Corp., Bowers and Wilkins, FABRIQ, 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 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 and vendor landscape in addition to an analysis of the key vendors.
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.


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 Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Smart Home Speaker Market in US 2018 - 2022
Historic Market Size - Data Table on Smart Home Speaker Market in US 2018 - 2022 ($ million)
4.2 Platform segment analysis 2018 - 2022
Historic Market Size - Platform Segment 2018 - 2022 ($ million)
4.3 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Platform
6.1 Market segments
Chart on Platform - Market share 2023-2028 (%)
Data Table on Platform - Market share 2023-2028 (%)
6.2 Comparison by Platform
Chart on Comparison by Platform
Data Table on Comparison by Platform
6.3 Amazon alexa - Market size and forecast 2023-2028
Chart on Amazon alexa - Market size and forecast 2023-2028 ($ million)
Data Table on Amazon alexa - Market size and forecast 2023-2028 ($ million)
Chart on Amazon alexa - Year-over-year growth 2023-2028 (%)
Data Table on Amazon alexa - Year-over-year growth 2023-2028 (%)
6.4 Google assistant - Market size and forecast 2023-2028
Chart on Google assistant - Market size and forecast 2023-2028 ($ million)
Data Table on Google assistant - Market size and forecast 2023-2028 ($ million)
Chart on Google assistant - Year-over-year growth 2023-2028 (%)
Data Table on Google assistant - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Platform
Market opportunity by Platform ($ million)
Data Table on Market opportunity by Platform ($ million)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
7.3 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ million)
Data Table on Online - Market size and forecast 2023-2028 ($ million)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
7.4 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ million)
Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Alphabet Inc.
Alphabet Inc. - Overview
Alphabet Inc. - Business segments
Alphabet Inc. - Key offerings
Alphabet Inc. - Segment focus
11.4 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
11.5 Apple Inc.
Apple Inc. - Overview
Apple Inc. - Business segments
Apple Inc. - Key news
Apple Inc. - Key offerings
Apple Inc. - Segment focus
11.6 Bowers and Wilkins
Bowers and Wilkins - Overview
Bowers and Wilkins - Product / Service
Bowers and Wilkins - Key offerings
11.7 JD.com Inc.
JD.com Inc. - Overview
JD.com Inc. - Business segments
JD.com Inc. - Key offerings
JD.com Inc. - Segment focus
11.8 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
11.9 LG Electronics Inc.
LG Electronics Inc. - Overview
LG Electronics Inc. - Product / Service
LG Electronics Inc. - Key offerings
11.10 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
11.11 Sonos Inc.
Sonos Inc. - Overview
Sonos Inc. - Product / Service
Sonos Inc. - Key news
Sonos Inc. - Key offerings
11.12 Xiaomi Inc
Xiaomi Inc - Overview
Xiaomi Inc - Business segments
Xiaomi Inc - Key news
Xiaomi Inc - Key offerings
Xiaomi Inc - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Platform
Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Smart Home Speaker Market in US 2018 - 2022 ($ million)
Exhibits18: Historic Market Size - Platform Segment 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Platform - Market share 2023-2028 (%)
Exhibits28: Data Table on Platform - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Platform
Exhibits30: Data Table on Comparison by Platform
Exhibits31: Chart on Amazon alexa - Market size and forecast 2023-2028 ($ million)
Exhibits32: Data Table on Amazon alexa - Market size and forecast 2023-2028 ($ million)
Exhibits33: Chart on Amazon alexa - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Amazon alexa - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Google assistant - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Google assistant - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Google assistant - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Google assistant - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits40: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits41: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits43: Market opportunity by Platform ($ million)
Exhibits44: Data Table on Market opportunity by Platform ($ million)
Exhibits45: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits46: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits47: Chart on Comparison by Distribution Channel
Exhibits48: Data Table on Comparison by Distribution Channel
Exhibits49: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits57: Market opportunity by Distribution Channel ($ million)
Exhibits58: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits60: Impact of drivers and challenges in 2023 and 2028
Exhibits61: Overview on criticality of inputs and factors of differentiation
Exhibits62: Overview on factors of disruption
Exhibits63: Impact of key risks on business
Exhibits64: Companies covered
Exhibits65: Matrix on companies position and classification
Exhibits66: Alphabet Inc. - Overview
Exhibits67: Alphabet Inc. - Business segments
Exhibits68: Alphabet Inc. - Key offerings
Exhibits69: Alphabet Inc. - Segment focus
Exhibits70: Amazon.com Inc. - Overview
Exhibits71: Amazon.com Inc. - Business segments
Exhibits72: Amazon.com Inc. - Key news
Exhibits73: Amazon.com Inc. - Key offerings
Exhibits74: Amazon.com Inc. - Segment focus
Exhibits75: Apple Inc. - Overview
Exhibits76: Apple Inc. - Business segments
Exhibits77: Apple Inc. - Key news
Exhibits78: Apple Inc. - Key offerings
Exhibits79: Apple Inc. - Segment focus
Exhibits80: Bowers and Wilkins - Overview
Exhibits81: Bowers and Wilkins - Product / Service
Exhibits82: Bowers and Wilkins - Key offerings
Exhibits83: JD.com Inc. - Overview
Exhibits84: JD.com Inc. - Business segments
Exhibits85: JD.com Inc. - Key offerings
Exhibits86: JD.com Inc. - Segment focus
Exhibits87: Lenovo Group Ltd. - Overview
Exhibits88: Lenovo Group Ltd. - Business segments
Exhibits89: Lenovo Group Ltd. - Key news
Exhibits90: Lenovo Group Ltd. - Key offerings
Exhibits91: Lenovo Group Ltd. - Segment focus
Exhibits92: LG Electronics Inc. - Overview
Exhibits93: LG Electronics Inc. - Product / Service
Exhibits94: LG Electronics Inc. - Key offerings
Exhibits95: Samsung Electronics Co. Ltd. - Overview
Exhibits96: Samsung Electronics Co. Ltd. - Business segments
Exhibits97: Samsung Electronics Co. Ltd. - Key news
Exhibits98: Samsung Electronics Co. Ltd. - Key offerings
Exhibits99: Samsung Electronics Co. Ltd. - Segment focus
Exhibits100: Sonos Inc. - Overview
Exhibits101: Sonos Inc. - Product / Service
Exhibits102: Sonos Inc. - Key news
Exhibits103: Sonos Inc. - Key offerings
Exhibits104: Xiaomi Inc - Overview
Exhibits105: Xiaomi Inc - Business segments
Exhibits106: Xiaomi Inc - Key news
Exhibits107: Xiaomi Inc - Key offerings
Exhibits108: Xiaomi Inc - Segment focus
Exhibits109: Inclusions checklist
Exhibits110: Exclusions checklist
Exhibits111: Currency conversion rates for US$
Exhibits112: Research methodology
Exhibits113: Information sources
Exhibits114: Data validation
Exhibits115: Validation techniques employed for market sizing
Exhibits116: Data synthesis
Exhibits117: 360 degree market analysis
Exhibits118: List of abbreviations

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