Global Speakers Market- Featuring Alphabet Inc., Amazon.com Inc., and Apple Inc. Among Others

By Associated Press 01 December 2020, 12:00AM

LONDON--(BUSINESS WIRE)--Dec 1, 2020--

The speakers market is poised to grow by USD 29.28 billion during 2020-2024, progressing at a CAGR of over 13% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201201005108/en/

Technavio has announced its latest market research report titled Global Speakers Market 2020-2024 (Graphic: Business Wire)

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The report on the speakers market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the focus on AI-ready speakers.

The speakers market analysis includes technology segment and geography landscape. This study identifies the rising popularity of wireless streaming of audio content as one of the prime reasons driving the speakers market growth during the next few years.

This 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.

The speakers market covers the following areas:

Speakers Market Sizing

Speakers Market Forecast

Speakers Market Analysis

Companies Mentioned

  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Bose Corp.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Sony Corp.
  • Xiaomi Corp.

     

Related Reports on Communication Services Include:

Global Multimedia Speakers Market: The multimedia speakers market size has the potential to grow by USD 15.61 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Stereo speakers - Market size and forecast 2019-2024
  • Smart speakers - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • Wireless speakers - Market size and forecast 2019-2024
  • Wired speakers - Market size and forecast 2019-2024
  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Bose Corp.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Sony Corp.
  • Xiaomi Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201201005108/en/

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INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 12/01/2020 03:49 AM/DISC: 12/01/2020 03:49 AM

http://www.businesswire.com/news/home/20201201005108/en

By Associated Press 01 December 2020, 12:00AM

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