LONDON--(BUSINESS WIRE)--Technavio has been monitoring the speakers market and it is poised to grow by USD 43.55 billion during 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Amazon.com Inc., Apple Inc., Bose Corp., Google LLC, Samsung Electronics Co. Ltd., and Sony Corp. are some of the major market participants. The popularity of wireless streaming will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Popularity of wireless streaming has been instrumental in driving the growth of the market.
Speakers Market 2019-2023: Segmentation
Speakers market is segmented as below:
-
Product
- Smart Speakers
- Home Audio Speakers
- Portable Speakers
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Speakers Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our speakers market report covers the following areas:
- Speakers Market Size
- Speakers Market Trends
- Speakers Market Industry Analysis
This study identifies focus on AI-ready speakers as one of the prime reasons driving the speakers market growth during the next few years.
Speakers Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the speakers market, including some of the vendors such as Amazon.com Inc., Apple Inc., Bose Corp., Google LLC, Samsung Electronics Co. Ltd., and Sony Corp. Backed with competitive intelligence and benchmarking, our research reports on the speakers market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Speakers Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist speakers market growth during the next five years
- Estimation of the speakers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the speakers market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of speakers market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
- Market segmentation by technology
- Comparison by technology
- Wireless speakers - Market size and forecast 2018-2023
- Wired speakers - Market size and forecast 2018-2023
- Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Smart speakers - Market size and forecast 2018-2023
- Home audio speakers - Market size and forecast 2018-2023
- Portable speakers - Market size and forecast 2018-2023
- Market opportunity by product
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Popularity of multi-room streaming speakers
- Advent of cloud-hosted music streaming services
- Focus on AI-ready speakers
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Amazon.com Inc.
- Apple Inc.
- Bose Corp.
- Google LLC
- Samsung Electronics Co. Ltd.
- Sony Corp.
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.