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Speakers Market

Speakers Market Forecasts to 2028 – Global Analysis By Product, Price, Size (Small, Medium, and Large), Sales Channel, Technology (Wired Speakers and Wireless Speakers), End User (Commercial and Personal) and By Geography

4.2 (73 reviews)
Published: May 2021 ID: SMRC20505
4.2 (73 reviews)
Published: May 2021 ID: SMRC20505

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Speakers Market is accounted for $49.38 billion in 2020 and is expected to reach $255.37 billion by 2028 growing at a CAGR of 22.8% during the forecast period. While the factors like rising in popularity of wireless streaming of audio content and increasing adoption of smart speakers are driving the market growth. However, data privacy and security concerns are hindering market growth.

Speakers are audio systems that convert electromagnetic waves into sound waves. It includes portable speakers, smart speakers, and home audio speakers. Some speakers are calculated to work exclusively with computers, while others can be hooked up to any type of sound system. Regardless of their design, the purpose of speakers is to produce audio output that can be heard by the listener.

Based on the end user, the commercial segment is estimated to have lucrative growth during the forecast period. This is attributed to the identification of benefits from speakers, especially smart speakers.

By geography, the Asia Pacific is going to have a huge demand due to factors such as the availability of the highest number of speaker users and increase in expenditure capacity of people. However, rapid advances in technology, changing end-user preferences, and the rising adoption of music streaming services will significantly drive speaker market growth in this region.

Some of the key players profiled in the Speakers Market include Xiaomi, Sony Corporation, Amazon.com, Fortune Grand Technology Inc., LG Electronics, Philips, Alphabet Inc, Guangzhou Merry Audio Equipment Co. Ltd, Google, Foster Electric Company Limited, Panasonic, Bose Corporation, Apple Inc, Guoguang Electric Co., Ltd., Samsung Electronics, and AAC Technologies Holdings Inc.
 
Products Covered:
• Home Audio Speakers
• Portable Speakers
• Smart Speakers
• Stereo Speakers/True Wireless Stereo (TWS)

Prices Covered:
• Less Than $50
• $50 to $100
• $100 to $200
• More Than $200

Sizes Covered:
• Small
• Medium
• Large

Sales Channels Covered:
• Online
• Offline

Technologies Covered:
• Wired Speakers
• Wireless Speakers

End Users Covered:
• Commercial
• Personal

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary            
             
2 Preface     
       
 2.1 Abstract           
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology           
  2.4.1 Data Mining           
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources          
  2.5.2 Secondary Research Sources          
  2.5.3 Assumptions          
             
3 Market Trend Analysis            
 3.1 Introduction           
 3.2 Drivers           
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats           
 3.6 Product Analysis           
 3.7 Technology Analysis           
 3.8 End User Analysis           
 3.9 Emerging Markets           
 3.10 Impact of Covid-19           
             
4 Porters Five Force Analysis            
 4.1 Bargaining power of suppliers           
 4.2 Bargaining power of buyers           
 4.3 Threat of substitutes           
 4.4 Threat of new entrants           
 4.5 Competitive rivalry           
             
5 Global Speakers Market, By Product            
 5.1 Introduction           
 5.2 Home Audio Speakers            
 5.3 Portable Speakers           
 5.4 Smart Speakers           
 5.5 Stereo Speakers/True Wireless Stereo (TWS)           
             
6 Global Speakers Market, By Price            

 6.1 Introduction           
 6.2 Less Than $50            
 6.3 $50 to $100           
 6.4 $100 to $200           
 6.5 More Than $200           
             
7 Global Speakers Market, By Size            

 7.1 Introduction           
 7.2 Small           
 7.3 Medium           
 7.4 Large            
             
8 Global Speakers Market, By Sales Channel            
 8.1 Introduction           
 8.2 Online           
 8.3 Offline           
             
9 Global Speakers Market, By Technology     
       
 9.1 Introduction           
 9.2 Wired Speakers           
 9.3 Wireless Speakers           
             
10 Global Speakers Market, By End User            
 10.1 Introduction           
 10.2 Commercial           
 10.3 Personal           
             
11 Global Speakers Market, By Geography            
 11.1 Introduction           
 11.2 North America           
  11.2.1 US          
  11.2.2 Canada          
  11.2.3 Mexico          
 11.3 Europe           
  11.3.1 Germany          
  11.3.2 UK          
  11.3.3 Italy          
  11.3.4 France          
  11.3.5 Spain          
  11.3.6 Rest of Europe          
 11.4 Asia Pacific           
  11.4.1 Japan          
  11.4.2 China          
  11.4.3 India          
  11.4.4 Australia          
  11.4.5 New Zealand          
  11.4.6 South Korea          
  11.4.7 Rest of Asia Pacific          
 11.5 South America           
  11.5.1 Argentina          
  11.5.2 Brazil          
  11.5.3 Chile          
  11.5.4 Rest of South America          
 11.6 Middle East & Africa           
  11.6.1 Saudi Arabia          
  11.6.2 UAE          
  11.6.3 Qatar          
  11.6.4 South Africa          
  11.6.5 Rest of Middle East & Africa          
             
12 Key Developments       
     
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures           
 12.2 Acquisitions & Mergers           
 12.3 New Product Launch           
 12.4 Expansions           
 12.5 Other Key Strategies           
             
13 Company Profiling             
 13.1 Xiaomi           
 13.2 Sony Corporation           
 13.3 Amazon.com           
 13.4 Fortune Grand Technology Inc.           
 13.5 LG Electronics           
 13.6 Philips           
 13.7 Alphabet Inc           
 13.8 Guangzhou Merry Audio Equipment Co. Ltd           
 13.9 Google           
 13.10 Foster Electric Company Limited           
 13.11 Panasonic           
 13.12 Bose Corporation           
 13.13 Apple Inc           
 13.14 Guoguang Electric Co., Ltd.           
 13.15 Samsung Electronics           
 13.16 AAC Technologies Holdings Inc.           


List of Tables             
1 Global Speakers Market Outlook, By Region (2019-2028) ($MN)            
2 Global Speakers Market Outlook, By Product (2019-2028) ($MN)            
3 Global Speakers Market Outlook, By Home Audio Speakers (2019-2028) ($MN)            
4 Global Speakers Market Outlook, By Portable Speakers (2019-2028) ($MN)            
5 Global Speakers Market Outlook, By Smart Speakers (2019-2028) ($MN)            
6 Global Speakers Market Outlook, By Stereo Speakers/True Wireless Stereo (TWS) (2019-2028) ($MN)            
7 Global Speakers Market Outlook, By Price (2019-2028) ($MN)            
8 Global Speakers Market Outlook, By Less Than $50 (2019-2028) ($MN)            
9 Global Speakers Market Outlook, By $50 to $100 (2019-2028) ($MN)            
10 Global Speakers Market Outlook, By $100 to $200 (2019-2028) ($MN)            
11 Global Speakers Market Outlook, By More Than $200 (2019-2028) ($MN)            
12 Global Speakers Market Outlook, By Size (2019-2028) ($MN)            
13 Global Speakers Market Outlook, By Small (2019-2028) ($MN)            
14 Global Speakers Market Outlook, By Medium (2019-2028) ($MN)            
15 Global Speakers Market Outlook, By Large (2019-2028) ($MN)            
16 Global Speakers Market Outlook, By Sales Channel (2019-2028) ($MN)            
17 Global Speakers Market Outlook, By Online (2019-2028) ($MN)            
18 Global Speakers Market Outlook, By Offline (2019-2028) ($MN)            
19 Global Speakers Market Outlook, By Technology (2019-2028) ($MN)            
20 Global Speakers Market Outlook, By Wired Speakers (2019-2028) ($MN)            
21 Global Speakers Market Outlook, By Wireless Speakers (2019-2028) ($MN)            
22 Global Speakers Market Outlook, By End User (2019-2028) ($MN)            
23 Global Speakers Market Outlook, By Commercial (2019-2028) ($MN)            
24 Global Speakers Market Outlook, By Personal (2019-2028) ($MN)            
25 North America Speakers Market Outlook, By Country (2019-2028) ($MN)            
26 North America Speakers Market Outlook, By Product (2019-2028) ($MN)            
27 North America Speakers Market Outlook, By Home Audio Speakers (2019-2028) ($MN)            
28 North America Speakers Market Outlook, By Portable Speakers (2019-2028) ($MN)            
29 North America Speakers Market Outlook, By Smart Speakers (2019-2028) ($MN)            
30 North America Speakers Market Outlook, By Stereo Speakers/True Wireless Stereo (TWS) (2019-2028) ($MN)            
31 North America Speakers Market Outlook, By Price (2019-2028) ($MN)            
32 North America Speakers Market Outlook, By Less Than $50 (2019-2028) ($MN)            
33 North America Speakers Market Outlook, By $50 to $100 (2019-2028) ($MN)            
34 North America Speakers Market Outlook, By $100 to $200 (2019-2028) ($MN)            
35 North America Speakers Market Outlook, By More Than $200 (2019-2028) ($MN)             
36 North America Speakers Market Outlook, By Size (2019-2028) ($MN)            
37 North America Speakers Market Outlook, By Small (2019-2028) ($MN)            
38 North America Speakers Market Outlook, By Medium (2019-2028) ($MN)            
39 North America Speakers Market Outlook, By Large (2019-2028) ($MN)            
40 North America Speakers Market Outlook, By Sales Channel (2019-2028) ($MN)            
41 North America Speakers Market Outlook, By Online (2019-2028) ($MN)            
42 North America Speakers Market Outlook, By Offline (2019-2028) ($MN)            
43 North America Speakers Market Outlook, By Technology (2019-2028) ($MN)            
44 North America Speakers Market Outlook, By Wired Speakers (2019-2028) ($MN)             
45 North America Speakers Market Outlook, By Wireless Speakers (2019-2028) ($MN)            
46 North America Speakers Market Outlook, By End User (2019-2028) ($MN)            
47 North America Speakers Market Outlook, By Commercial (2019-2028) ($MN)             
48 North America Speakers Market Outlook, By Personal (2019-2028) ($MN)            
49 Europe Speakers Market Outlook, By Country (2019-2028) ($MN)            
50 Europe Speakers Market Outlook, By Product (2019-2028) ($MN)            
51 Europe Speakers Market Outlook, By Home Audio Speakers (2019-2028) ($MN)            
52 Europe Speakers Market Outlook, By Portable Speakers (2019-2028) ($MN)            
53 Europe Speakers Market Outlook, By Smart Speakers (2019-2028) ($MN)            
54 Europe Speakers Market Outlook, By Stereo Speakers/True Wireless Stereo (TWS) (2019-2028) ($MN)            
55 Europe Speakers Market Outlook, By Price (2019-2028) ($MN)            
56 Europe Speakers Market Outlook, By Less Than $50 (2019-2028) ($MN)             
57 Europe Speakers Market Outlook, By $50 to $100 (2019-2028) ($MN)            
58 Europe Speakers Market Outlook, By $100 to $200 (2019-2028) ($MN)            
59 Europe Speakers Market Outlook, By More Than $200 (2019-2028) ($MN)             
60 Europe Speakers Market Outlook, By Size (2019-2028) ($MN)            
61 Europe Speakers Market Outlook, By Small (2019-2028) ($MN)            
62 Europe Speakers Market Outlook, By Medium (2019-2028) ($MN)            
63 Europe Speakers Market Outlook, By Large (2019-2028) ($MN)            
64 Europe Speakers Market Outlook, By Sales Channel (2019-2028) ($MN)            
65 Europe Speakers Market Outlook, By Online (2019-2028) ($MN)            
66 Europe Speakers Market Outlook, By Offline (2019-2028) ($MN)            
67 Europe Speakers Market Outlook, By Technology (2019-2028) ($MN)            
68 Europe Speakers Market Outlook, By Wired Speakers (2019-2028) ($MN)            
69 Europe Speakers Market Outlook, By Wireless Speakers (2019-2028) ($MN)            
70 Europe Speakers Market Outlook, By End User (2019-2028) ($MN)            
71 Europe Speakers Market Outlook, By Commercial (2019-2028) ($MN)            
72 Europe Speakers Market Outlook, By Personal (2019-2028) ($MN)             
73 Asia Pacific Speakers Market Outlook, By Country (2019-2028) ($MN)            
74 Asia Pacific Speakers Market Outlook, By Product (2019-2028) ($MN)            
75 Asia Pacific Speakers Market Outlook, By Home Audio Speakers (2019-2028) ($MN)             
76 Asia Pacific Speakers Market Outlook, By Portable Speakers (2019-2028) ($MN)            
77 Asia Pacific Speakers Market Outlook, By Smart Speakers (2019-2028) ($MN)            
78 Asia Pacific Speakers Market Outlook, By Stereo Speakers/True Wireless Stereo (TWS) (2019-2028) ($MN)            
79 Asia Pacific Speakers Market Outlook, By Price (2019-2028) ($MN)            
80 Asia Pacific Speakers Market Outlook, By Less Than $50 (2019-2028) ($MN)            
81 Asia Pacific Speakers Market Outlook, By $50 to $100 (2019-2028) ($MN)            
82 Asia Pacific Speakers Market Outlook, By $100 to $200 (2019-2028) ($MN)            
83 Asia Pacific Speakers Market Outlook, By More Than $200 (2019-2028) ($MN)            
84 Asia Pacific Speakers Market Outlook, By Size (2019-2028) ($MN)            
85 Asia Pacific Speakers Market Outlook, By Small (2019-2028) ($MN)            
86 Asia Pacific Speakers Market Outlook, By Medium (2019-2028) ($MN)            
87 Asia Pacific Speakers Market Outlook, By Large (2019-2028) ($MN)            
88 Asia Pacific Speakers Market Outlook, By Sales Channel (2019-2028) ($MN)            
89 Asia Pacific Speakers Market Outlook, By Online (2019-2028) ($MN)            
90 Asia Pacific Speakers Market Outlook, By Offline (2019-2028) ($MN)            
91 Asia Pacific Speakers Market Outlook, By Technology (2019-2028) ($MN)            
92 Asia Pacific Speakers Market Outlook, By Wired Speakers (2019-2028) ($MN)            
93 Asia Pacific Speakers Market Outlook, By Wireless Speakers (2019-2028) ($MN)            
94 Asia Pacific Speakers Market Outlook, By End User (2019-2028) ($MN)            
95 Asia Pacific Speakers Market Outlook, By Commercial (2019-2028) ($MN)            
96 Asia Pacific Speakers Market Outlook, By Personal (2019-2028) ($MN)            
97 South America Speakers Market Outlook, By Country (2019-2028) ($MN)            
98 South America Speakers Market Outlook, By Product (2019-2028) ($MN)            
99 South America Speakers Market Outlook, By Home Audio Speakers (2019-2028) ($MN)            
100 South America Speakers Market Outlook, By Portable Speakers (2019-2028) ($MN)            
101 South America Speakers Market Outlook, By Smart Speakers (2019-2028) ($MN)            
102 South America Speakers Market Outlook, By Stereo Speakers/True Wireless Stereo (TWS) (2019-2028) ($MN)            
103 South America Speakers Market Outlook, By Price (2019-2028) ($MN)            
104 South America Speakers Market Outlook, By Less Than $50 (2019-2028) ($MN)            
105 South America Speakers Market Outlook, By $50 to $100 (2019-2028) ($MN)            
106 South America Speakers Market Outlook, By $100 to $200 (2019-2028) ($MN)            
107 South America Speakers Market Outlook, By More Than $200 (2019-2028) ($MN)            
108 South America Speakers Market Outlook, By Size (2019-2028) ($MN)            
109 South America Speakers Market Outlook, By Small (2019-2028) ($MN)            
110 South America Speakers Market Outlook, By Medium (2019-2028) ($MN)            
111 South America Speakers Market Outlook, By Large (2019-2028) ($MN)            
112 South America Speakers Market Outlook, By Sales Channel (2019-2028) ($MN)            
113 South America Speakers Market Outlook, By Online (2019-2028) ($MN)            
114 South America Speakers Market Outlook, By Offline (2019-2028) ($MN)            
115 South America Speakers Market Outlook, By Technology (2019-2028) ($MN)            
116 South America Speakers Market Outlook, By Wired Speakers (2019-2028) ($MN)            
117 South America Speakers Market Outlook, By Wireless Speakers (2019-2028) ($MN)            
118 South America Speakers Market Outlook, By End User (2019-2028) ($MN)            
119 South America Speakers Market Outlook, By Commercial (2019-2028) ($MN)            
120 South America Speakers Market Outlook, By Personal (2019-2028) ($MN)            
121 Middle East & Africa Speakers Market Outlook, By Country (2019-2028) ($MN)            
122 Middle East & Africa Speakers Market Outlook, By Product (2019-2028) ($MN)            
123 Middle East & Africa Speakers Market Outlook, By Home Audio Speakers (2019-2028) ($MN)            
124 Middle East & Africa Speakers Market Outlook, By Portable Speakers (2019-2028) ($MN)            
125 Middle East & Africa Speakers Market Outlook, By Smart Speakers (2019-2028) ($MN)            
126 Middle East & Africa Speakers Market Outlook, By Stereo Speakers/True Wireless Stereo (TWS) (2019-2028) ($MN)            
127 Middle East & Africa Speakers Market Outlook, By Price (2019-2028) ($MN)            
128 Middle East & Africa Speakers Market Outlook, By Less Than $50 (2019-2028) ($MN)            
129 Middle East & Africa Speakers Market Outlook, By $50 to $100 (2019-2028) ($MN)            
130 Middle East & Africa Speakers Market Outlook, By $100 to $200 (2019-2028) ($MN)            
131 Middle East & Africa Speakers Market Outlook, By More Than $200 (2019-2028) ($MN)            
132 Middle East & Africa Speakers Market Outlook, By Size (2019-2028) ($MN)            
133 Middle East & Africa Speakers Market Outlook, By Small (2019-2028) ($MN)            
134 Middle East & Africa Speakers Market Outlook, By Medium (2019-2028) ($MN)            
135 Middle East & Africa Speakers Market Outlook, By Large (2019-2028) ($MN)            
136 Middle East & Africa Speakers Market Outlook, By Sales Channel (2019-2028) ($MN)            
137 Middle East & Africa Speakers Market Outlook, By Online (2019-2028) ($MN)            
138 Middle East & Africa Speakers Market Outlook, By Offline (2019-2028) ($MN)            
139 Middle East & Africa Speakers Market Outlook, By Technology (2019-2028) ($MN)            
140 Middle East & Africa Speakers Market Outlook, By Wired Speakers (2019-2028) ($MN)            
141 Middle East & Africa Speakers Market Outlook, By Wireless Speakers (2019-2028) ($MN)            
142 Middle East & Africa Speakers Market Outlook, By End User (2019-2028) ($MN)            
143 Middle East & Africa Speakers Market Outlook, By Commercial (2019-2028) ($MN)            
144 Middle East & Africa Speakers Market Outlook, By Personal (2019-2028) ($MN)            

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