Global Smart Home Speakers Market Growth 2024-2030

Global Smart Home Speakers Market Growth 2024-2030

A speaker is an audio system that converts electromagnetic waves into sound waves. Portable speakers can be categorized into two types on the basis of technology: wired and wireless portable speakers. Wired speakers connect to the source using a cable through which an audio signal is transferred. The quality and speed of data transfer are relatively fast compared with wireless speakers. The demand for wired speakers is fast declining.

The global Smart Home Speakers market size is projected to grow from US$ 4773.1 million in 2023 to US$ 28320 million in 2030; it is expected to grow at a CAGR of 29.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Smart Home Speakers Industry Forecast” looks at past sales and reviews total world Smart Home Speakers sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Home Speakers sales for 2024 through 2030. With Smart Home Speakers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Home Speakers industry.

This Insight Report provides a comprehensive analysis of the global Smart Home Speakers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Home Speakers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Home Speakers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Home Speakers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Home Speakers.

Wi-Fi-enabled smart home speakers work with both Wi-Fi and Bluetooth connectivity and provide high data transfer speed. The demand for Wi-Fi enabled speakers is influenced by the increase in internet penetration and smartphone adoption by the millennial population in the country. This is inducing all the major manufacturers to focus on launching smart home speakers with Wi-Fi connectivity.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Home Speakers market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Wi-Fi Enabled
Bluetooth Enabled

Segmentation by application
Sports
Leisure & Entertainments
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sony
Bose
Harman International
DTS Inc
Yamaha
LG
Samsung
Sharp
Lenovo
Panasonic
JVC
VOXX
Onkyo & Pioneer
Nortek
Vizio
Edifier
Nakamichi Corporation
Vistron Audio Equipment

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Home Speakers market?

What factors are driving Smart Home Speakers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Home Speakers market opportunities vary by end market size?

How does Smart Home Speakers break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.