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The speakers market is forecasted to grow by USD 325.8 billion during 2023-2028, accelerating at a CAGR of 47.81% during the forecast period. The report on the speakers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 increasing adoption of smart speakers, growing penetration of smart homes, and popularity of wireless streaming of audio content.
The speakers market is segmented as below:
By Product
- Stereo speakers
- Smart speakers
By Technology
- Wireless speakers
- Wired speakers
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the speakers market covers the following areas:
- Speakers market sizing
- Speakers market forecast
- Speakers market industry analysis
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 report 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global speakers market: 3nod Group, AAC Technologies Holdings Ltd., Alphabet Inc., Altec Lansing Inc., Amazon.com Inc., Apple Inc., Bose Corp., Bowers and Wilkins, Fortune Grand Technology Inc., Foster Electric Co. Ltd., Guangzhou Merry Audio Equipment Co. Ltd., Koninklijke Philips N.V., Lenovo Group Ltd., LG Electronics Inc., Panasonic Holdings Corp., Pioneer India Electronics Pvt. Ltd., Premier Sound Solutions, Samsung Electronics Co. Ltd., Sony Group Corp., and Xiaomi Communications Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is popularity of multi-room streaming speakers."
According to the report, one of the major drivers for this market is the increasing adoption of smart speakers.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3nod Group
- AAC Technologies Holdings Ltd.
- Alphabet Inc.
- Altec Lansing Inc.
- Amazon.com Inc.
- Apple Inc.
- Bose Corp.
- Bowers and Wilkins
- Fortune Grand Technology Inc.
- Foster Electric Co. Ltd.
- Guangzhou Merry Audio Equipment Co. Ltd.
- Koninklijke Philips N.V.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Panasonic Holdings Corp.
- Pioneer India Electronics Pvt. Ltd.
- Premier Sound Solutions
- Samsung Electronics Co. Ltd.
- Sony Group Corp.
- Xiaomi Communications Co. Ltd.
