DUBLIN--(BUSINESS WIRE)--Aug 13, 2019--

Smart Speaker market worldwide is projected to grow by US$14.4 Billion, guided by a compounded growth of 34.7%

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Alexa, one of the segments analyzed and sized in this study, displays the potential to grow at over 37.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.

Poised to reach over US$8.3 Billion by the year 2025, Alexa will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 41.6% growth momentum.

Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.2 Billion to the region's size and clout in the next 5 to 6 years. Over US$681.8 Million worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Alexa will reach a market size of US$481.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 31.8% over the next couple of years and add approximately US$2.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include

  • Alibaba Group Holding
  • Alphabet
  • Altec Lansing
  • Amazon.Com
  • Anker Innovations Limited
  • Apple
  • Avnera Corporation
  • Baidu
  • Bose Corporation
  • Fabriq
  • Harman International
  • Invoxia
  • Lg Electronics
  • Lenovo Group
  • Libratone A/S
  • Mobvoi Hk Limited
  • Onkyo Usa Corporation
  • Panasonic Corporation
  • Pioneer Electronics
  • Sk Telecom
  • Sonos
  • Sony Corporation
  • Ultimate Ears
  • Xiaomi

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Smart Speaker Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Global Competitor Market Shares by Segment
  • Hardware (Component) Global Competitor Market Share Positioning for 2019 & 2025
  • Software (Component) Market Share Breakdown of Key Players: 2019 & 2025
  • Alexa (Assistant) Competitor Revenue Share (in %): 2019 & 2025
  • Google (Assistant) Market Share Shift by Company: 2019 & 2025
  • Siri (Assistant) Global Competitor Market Share Positioning for 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Smart Speaker Market Share (in %) by Company: 2019 & 2025
  • Hardware (Component) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
  • Software (Component) Competitor Revenue Share (in %) in the US: 2019 & 2025
  • Alexa (Assistant) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025
  • Google (Assistant) Market in the US: Percentage Breakdown of Revenues by Company for 2019 & 2025
  • Siri (Assistant) Competitor Market Share Breakdown (in %) in the US for 2019 & 2025

EUROPE

  • Market Facts & Figures
  • European Smart Speaker Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Hardware (Component) Market Share (in %) by Company in Europe: 2019 & 2025
  • Software (Component) Market Share (in %) of Major Players in Europe: 2019 & 2025
  • Alexa (Assistant) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025
  • Google (Assistant) Market in Europe: Competitor Revenue Share Shift (in %) for 2019 & 2025
  • Siri (Assistant) Competitor Market Share (in %) Positioning in Europe for 2019 & 2025

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/6ji4fq

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD: NORTH AMERICA ASIA PACIFIC EUROPE SOUTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 08/13/2019 06:04 AM/DISC: 08/13/2019 06:04 AM

Copyright Business Wire 2019.

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