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Speaker Market by Product Type (Smart Speakers, Home Audio Speakers, Portable Speakers, and True Wireless Stereo (TWS)), Size (Small, Medium, and Large), End Use (Personal and Commercial), and Sales Channel (Online and Offline), and Price (Less than $50, $50 to $100, $100 to $200, and More than $200): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06394
Pages: 360
Jun 2020 | 1307 Views
 
Author(s) : Rohit Sawant, Digvijay Pawar and Tanvi Pednekar
Tables: 204
Charts: 82
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Speaker Market Outlook - 2027

The global speaker market size is expected to reach $233,274.5.0 million in 2027, from $39,576.5 million in 2019, growing at a CAGR of 30.5% from 2020 to 2027. Speakers are utilized for converting electric audio signals into sound waves and are often termed as transducers. They enhance the volume and quality of the sound produced by utilizing speaker drivers, which boosts sound reproduction quality. Moreover, the report considers smart speakers, portable speakers, home audio speakers, and true wireless stereo (TWS) hearables, which integrate latest technologies including virtual assistants, Bluetooth connectivity, integration of Wi-Fi, and portability. Speaker technologies are constantly upgraded to enhance battery backup, portability, water resistance, Bluetooth, and Wi-fi connectivity.  The major players in the speaker industry are inclined toward the development of new products complying to change in consumer demands, as well as to provide high quality audio output.

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Products such as smart speakers, true wireless stereo (TWS), smart soundbars, and few portable speakers can work with virtual assistants, which function on artificial intelligent technologies. Virtual assistants such as Alexa by Amazon, Siri by Apple, Cortana by Microsoft, and Google Assistant by Alphabet, Inc. mainly provide a user-friendly platform and can perform thousands of functions from playing radio to integrating with home automation products. Virtual assistant technology developers keep on upgrading the features of their virtual assistant devices, which enables smart speakers to do more functions. These rapid advancements promote the demand for speakers with AI virtual assistant technologies, and thereby boosts growth of the speaker market. Moreover, batteries are an integral part of portable speakers and true wireless stereo (TWS). Development in battery technologies aid in enhancing product quality as well as reducing the price of the overall product. Portable speakers mainly include rechargeable lithium-ion batteries with an average battery backup of up to 8 hours. However, with advancements in battery technologies, major players in the industry are focused on developing high-end products with superior battery life. These battery related product upgrades foster the demand for portable speakers and TWS, which propels growth of the market. 

Speaker Market
By Product Type

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TWS segment is projected to grow at a significant CAGR

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However, artificial technologies, such as voice assistants, mainly capture data for analysis and renders it into information. This data is mainly stored on cloud storage, which is prone to cyber-attacks and creates threat of data thefts. Such instances hinder the adoption of smart speakers, which hampers the market growth. In addition, COVID-19, has directly impacted the global speakers market. The pandemic which originated in China and China being the largest exporter of the electronic goods globally, there was direct impact on production and sales of the speakers. Furthermore, due to the lockdown imposed by the China’s government, the production facilities of these electronics components were stopped, moreover there was unavailability of the workforce when the production was to begin. Also e-commerce companies had to discontinue the delivery of non-essential items like speakers to its consumers. Retail stores were also closed during certain period of time due to lockdown. This has affected the overall sales of speakers globally. However, recovery is likely to be slow as the consumers will restrict their spending on the electronic goods due to the uncertainty of the economy and possibility of a recession. 

Speaker Market
By Size

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Medium segment holds dominant position in 2019

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On the contrary, commercial applications such as use of speakers in healthcare centers, hotels, and commercial offices provide various opportunities for the implementation of smart speakers for daily operations. Numerous capabilities of smart speakers can assist healthcare providers to offer proper care to patients by scheduling their medications on the AI platform. In addition, patients in intensive care can call for assistance at any time by voice commands, which saves time in the treatment and may reduce accidental fatalities. These factors promote the use of smart speakers in commercial applications, thereby, creating lucrative opportunities for the growth of the speaker market.

Speaker Market
By End Use

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Personal segment holds dominant position in 2019

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The global speaker market is segmented into product type, size, end use, sales channel, price, and region. By product type, it is categorized into smart speakers, home audio speakers, portable speakers, and true wireless stereo (TWS). By size, it is classified into small, medium, and large. By end use, it is categorized into personal and commercial. By sales channel, it is bifurcated into online and offline. On the basis of price, the market is analyzed in the price range of less than $50, $50 to $100, $100 to $200, and more than $200. 

Speaker Market
By Sales Channel

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Online segment holds dominant position in 2019

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The global speaker market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific held the largest market share during 2019 and is expected to grow at the fastest rate throughout the forecast period.

Speaker Market
By Price

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$100 to $200 segment holds dominant position in 2019

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Competition Analysis

The key market players profiled in the report include 3nod Group, AAC Technologies Holdings Inc., Alphabet Inc., Amazon.com, Inc., Bose Corporation, Fortune Grand Technology Inc., Foster Electric Company, Limited, Guoguang Electric Company Limited, Koninklijke Philips N.V., Guangzhou Merry Audio Equipment Co. Ltd., Premium Sound Solutions, Samsung Electronics Co., Ltd., Sony Corporation, Tonly Electronics Holdings Limited, and Tymphany HK Limited. 

Speaker Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and is expected to grow at a highest rate during the forecast period.

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Many competitors in the speaker market adopted product launch as their key developmental strategy to expand their product portfolio. For instance, in October 2019, the company Alphabet Inc., through its brand Google launched Nest Mini product in its smart speaker portfolio. The speaker is supported by Google Assistant and provides powerful sound at a lower price. Similarly, in May 2020, Samsung Electronics, Co., Ltd., through its brand JBL, launched the Flip 5 portable Bluetooth speaker, which is manufactured using recycled plastic. It is delivered in bio-degradable eco-friendly packaging to promote sales of the product.

Key Benefits For Stakeholders

  • The report provides an extensive speaker market analysis of the current and emerging global speaker market trends and dynamics.  

  • In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027. 

  • Extensive analysis of the market is conducted by following the key product positioning and monitoring of the top competitors within the market framework.

  • A comprehensive speaker market opportunity analysis of all the countries is also provided in the report.

  • The global speaker market forecast analysis from 2020 to 2027 is included in the report.

  • The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry. 

Global Speaker Market Segments

By Product Type

  • Smart speakers
  • Home audio speakers
  • Portable speakers
  • True wireless stereo (TWS)

By Size

  • Small
  • Medium
  • Large

By End Use

  • Personal
  • Commercial

By Sales Channel

  • Online
  • Offline

By Price

  • Less than $50
  • $50 to $100
  • $100 to $200
  • More than $200

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • 3nod Group
  • AAC Technologies Holdings Inc.
  • Alphabet Inc.
  • Amazon.com, Inc.
  • Bose Corporation
  • Fortune Grand Technology Inc.
  • Foster Electric Company Limited
  • Guoguang Electric Company Limited
  • Koninklijke Philips N.V.
  • Guangzhou Merry Audio Equipment Co. Ltd.
  • Premium Sound Solutions
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Tonly Electronics Holdings Limited
  • Tymphany HK Limited
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Key market players
1.5. Research methodology

1.5.1. Primary research
1.5.2. Secondary research
1.5.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the speaker market:
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter's five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Development in AI virtual assistant technologies
3.4.1.2. Advancements in battery technologies

3.4.2. Restraints

3.4.2.1. Data privacy and security concerns

3.4.3. Opportunity

3.4.3.1. Emergence of smart speakers in commercial applications

3.5. Cost breakdown and margin analysis (%, $)
3.6. Speaker testing cost breakdown between labor and software (%)
3.7. Top key speaker testing software and prices
3.8. Speaker testing software market share analysis 2019 (%)
3.9. Cost impact analysis
3.10. Component analysis

3.10.1. Smart displays

3.10.1.1. Amazon

3.10.1.1.1. Echo show 8
3.10.1.1.2. Echo show 10

3.10.1.2. Google

3.10.1.2.1. Nest Hub Max

3.10.1.3. Facebook

3.10.1.3.1. Portal
3.10.1.3.2. Portal +
3.10.1.3.3. Portal TV

3.10.2. Bluetooth portal speakers

3.10.2.1. JBL

3.10.2.1.1. JBL Charge 3
3.10.2.1.2. JBL Charge 4

3.10.2.2. Ultimate Ears

3.10.2.2.1. BOOM 3

3.10.2.3. Bose

3.10.2.3.1. Soundlink Mini

3.10.3. Virtual Reality Headsets

3.10.3.1. Oculus

3.10.3.1.1. Oculus Quest
3.10.3.1.2. Oculus Rift S
3.10.3.1.3. Oculus Go

3.10.3.2. Lenovo

3.10.3.2.1. Mirage Solo

3.10.3.3. Pico

3.10.3.3.1. Pico Goblin
3.10.3.3.2. Pico Neo

3.10.3.4. Xiaomi

3.10.3.4.1. Xiaomi MI VR

3.10.3.5. HTC

3.10.3.5.1. Vive Focus

3.10.4. Augmented Reality Headsets

3.10.4.1. Everysight

3.10.4.1.1. Raptor

3.10.4.2. Kopin

3.10.4.2.1. Solos

3.10.4.3. Vuzix

3.10.4.3.1. Blade

3.10.4.4. ThirdEye

3.10.4.4.1. X2

CHAPTER 4: SPEAKER MARKET, BY PRODUCT TYPE

4.1. Market overview

4.1.1. Market size and forecast, by product type

4.2. Smart speakers

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Home audio speakers

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. Portable Speakers

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. True wireless stereo

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

CHAPTER 5: SPEAKER MARKET, BY SIZE

5.1. Market overview

5.1.1. Market size and forecast, by size

5.2. Small

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. Medium

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. Large

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

CHAPTER 6: SPEAKER MARKET, BY END USE

6.1. Market overview

6.1.1. Market size and forecast, by end use

6.2. Personal

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country

6.3. Commercial

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country

CHAPTER 7: SPEAKER MARKET, BY SALES CHANNEL

7.1. Market overview

7.1.1. Market size and forecast, sales channel

7.2. Online

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis, by country

7.3. Offline

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis, by country

CHAPTER 8: SPEAKER MARKET, BY PRICE RANGE

8.1. Market overview

8.1.1. Market size and forecast, price range

8.2. Less than $50

8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market analysis, by country

8.3. $50 to $100

8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market analysis, by country

8.4. $100 to $200

8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by region
8.4.3. Market analysis, by country

8.5. Above $200

8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by region
8.5.3. Market analysis, by country

CHAPTER 9: SPEAKER MARKET, BY REGION

9.1. Market overview

9.1.1. Market size and forecast, by region

9.2. North America

9.2.1. Key market trends, growth factors, and opportunities
9.2.2. North America Market size and forecast, by product type
9.2.3. North America Market size and forecast, by size
9.2.4. North America Market size and forecast, by end use
9.2.5. North America Market size and forecast, by sales channel
9.2.6. North America Market size and forecast, by price range
9.2.7. North America Market size and forecast, by country

9.2.7.1. U.S.

9.2.7.1.1. U.S. market size and forecast, by product type
9.2.7.1.2. U.S. market size and forecast, by size
9.2.7.1.3. U.S. market size and forecast, by end use
9.2.7.1.4. U.S. market size and forecast, by sales channel
9.2.7.1.5. U.S. market size and forecast, by price range

9.2.7.2. Canada

9.2.7.2.1. Canada market size and forecast, by product type
9.2.7.2.2. Canada market size and forecast, by size
9.2.7.2.3. Canada market size and forecast, by end use
9.2.7.2.4. Canada market size and forecast, by sales channel
9.2.7.2.5. Canada market size and forecast, by price range

9.2.7.3. Mexico

9.2.7.3.1. Mexico market size and forecast, by product type
9.2.7.3.2. Mexico market size and forecast, by size
9.2.7.3.3. Mexico market size and forecast, by end use
9.2.7.3.4. Mexico market size and forecast, by sales channel
9.2.7.3.5. Mexico market size and forecast, by price range

9.3. Europe

9.3.1. Key market trends, growth factors, and opportunities
9.3.2. Europe Market size and forecast, by product type
9.3.3. Europe Market size and forecast, by size
9.3.4. Europe Market size and forecast, by end use
9.3.5. Europe Market size and forecast, by sales channel
9.3.6. Europe Market size and forecast, by price range
9.3.7. Europe market size and forecast, by country

9.3.7.1. UK

9.3.7.1.1. UK market size and forecast, by product type
9.3.7.1.2. UK market size and forecast, by size
9.3.7.1.3. UK market size and forecast, by end use
9.3.7.1.4. UK market size and forecast, by sales channel
9.3.7.1.5. UK market size and forecast, by price range

9.3.7.2. Germany

9.3.7.2.1. Germany market size and forecast, by product type
9.3.7.2.2. Germany market size and forecast, by size
9.3.7.2.3. Germany market size and forecast, by end use
9.3.7.2.4. Germany market size and forecast, by sales channel
9.3.7.2.5. Germany market size and forecast, by price range

9.3.7.3. France

9.3.7.3.1. France market size and forecast, by product type
9.3.7.3.2. France market size and forecast, by size
9.3.7.3.3. France market size and forecast, by end use
9.3.7.3.4. France market size and forecast, by sales channel
9.3.7.3.5. France market size and forecast, by price range

9.3.7.4. Rest of Europe

9.3.7.4.1. Rest of Europe market size and forecast, by product type
9.3.7.4.2. Rest of Europe market size and forecast, by size
9.3.7.4.3. Rest of Europe market size and forecast, by end use
9.3.7.4.4. Rest of Europe market size and forecast, by sales channel
9.3.7.4.5. Rest of Europe market size and forecast, by price range

9.4. Asia-Pacific

9.4.1. Key market trends, growth factors, and opportunities
9.4.2. Asia-Pacific Market size and forecast, by product type
9.4.3. Asia-Pacific Market size and forecast, by size
9.4.4. Asia-Pacific Market size and forecast, by end use
9.4.5. Asia-Pacific Market size and forecast, by sales channel
9.4.6. Asia-Pacific Market size and forecast, by price range
9.4.7. Asia-Pacific market size and forecast, by country

9.4.7.1. China

9.4.7.1.1. China market size and forecast, by product type
9.4.7.1.2. China market size and forecast, by size
9.4.7.1.3. China market size and forecast, by end use
9.4.7.1.4. China market size and forecast, by sales channel
9.4.7.1.5. China market size and forecast, by price range

9.4.7.2. Japan

9.4.7.2.1. Japan market size and forecast, by product type
9.4.7.2.2. Japan market size and forecast, by size
9.4.7.2.3. Japan market size and forecast, by end use
9.4.7.2.4. Japan market size and forecast, by sales channel
9.4.7.2.5. Japan market size and forecast, by price range

9.4.7.3. India

9.4.7.3.1. India market size and forecast, by product type
9.4.7.3.2. India market size and forecast, by size
9.4.7.3.3. India market size and forecast, by end use
9.4.7.3.4. India market size and forecast, by sales channel
9.4.7.3.5. India market size and forecast, by price range

9.4.7.4. South Korea

9.4.7.4.1. South Korea market size and forecast, by product type
9.4.7.4.2. South Korea market size and forecast, by size
9.4.7.4.3. South Korea market size and forecast, by end use
9.4.7.4.4. South Korea market size and forecast, by sales channel
9.4.7.4.5. South Korea market size and forecast, by price range

9.4.7.5. Rest of Asia-Pacific

9.4.7.5.1. Rest of Asia-Pacific market size and forecast, by product type
9.4.7.5.2. Rest of Asia-Pacific market size and forecast, by size
9.4.7.5.3. Rest of Asia-Pacific market size and forecast, by end use
9.4.7.5.4. Rest of Asia-Pacific market size and forecast, by sales channel
9.4.7.5.5. Rest of Asia-Pacific market size and forecast, by price range

9.5. LAMEA

9.5.1. Key market trends, growth factors, and opportunities
9.5.2. LAMEA Market size and forecast, by product type
9.5.3. LAMEA Market size and forecast, by size
9.5.4. LAMEA Market size and forecast, by end use
9.5.5. LAMEA Market size and forecast, by sales channel
9.5.6. LAMEA Market size and forecast, by price range
9.5.7. LAMEA market size and forecast, by country

9.5.7.1. Latin America

9.5.7.1.1. Latin America market size and forecast, by product type
9.5.7.1.2. Latin America market size and forecast, by size
9.5.7.1.3. Latin America market size and forecast, by end use
9.5.7.1.4. Latin America market size and forecast, by sales channel
9.5.7.1.5. Latin America market size and forecast, by price range

9.5.7.2. Middle East

9.5.7.2.1. Middle East market size and forecast, by product type
9.5.7.2.2. Middle East market size and forecast, by size
9.5.7.2.3. Middle East market size and forecast, by end use
9.5.7.2.4. Middle East market size and forecast, by sales channel
9.5.7.2.5. Middle East market size and forecast, by price range

9.5.7.3. Africa

9.5.7.3.1. Africa market size and forecast, by product type
9.5.7.3.2. Africa market size and forecast, by size
9.5.7.3.3. Africa market size and forecast, by end use
9.5.7.3.4. Africa market size and forecast, by sales channel
9.5.7.3.5. Africa market size and forecast, by price range

CHAPTER 10: COMPETITIVE LANDSCAPE

10.1. Introduction

10.1.1. Market player positioning, 2019

10.2. Top winning strategies

10.2.1. Top winning strategies, by year
10.2.2. Top winning strategies, by development
10.2.3. Top winning strategies, by company

10.3. Key developments

10.3.1. Product Launch
10.3.2. Business expansion
10.3.3. Acquisition
10.3.4. Partnership
10.3.5. Joint Venture

CHAPTER 11: COMPANY PROFILES

11.1. 3NOD GROUP

11.1.1. Company overview
11.1.2. Key Executive
11.1.3. Company snapshot
11.1.4. Product portfolio

11.2. AAC TECHNOLOGIES HOLDINGS INC.

11.2.1. Company overview
11.2.2. Key Executives
11.2.3. Company snapshot
11.2.4. Operating business segments
11.2.5. Product portfolio
11.2.6. R&D Expenditure
11.2.7. Business performance
11.2.8. Key strategic moves and developments

11.3. ALPHABET INC.

11.3.1. Company overview
11.3.2. Key Executives
11.3.3. Company snapshot
11.3.4. Operating business segments
11.3.5. Product portfolio
11.3.6. R&D Expenditure
11.3.7. Business performance
11.3.8. Key strategic moves and developments

11.4. Amazon.com, Inc.

11.4.1. Company overview
11.4.2. Key Executives
11.4.3. Company snapshot
11.4.4. Operating business segments
11.4.5. Product portfolio
11.4.6. Business performance
11.4.7. Key strategic moves and developments

11.5. Bose Corporation

11.5.1. Company overview
11.5.2. Key Executives
11.5.3. Company snapshot
11.5.4. Product portfolio
11.5.5. Key strategic moves and developments

11.6. Fortune Grand Technology Inc.

11.6.1. Company overview
11.6.2. Key Executive
11.6.3. Company snapshot
11.6.4. Operating product categories
11.6.5. Product portfolio
11.6.6. Key strategic moves and developments

11.7. FOSTER ELECTRIC COMPANY, LIMITED

11.7.1. Company overview
11.7.2. Key Executives
11.7.3. Company snapshot
11.7.4. Operating business segments
11.7.5. Product portfolio
11.7.6. Business performance

11.8. GUOGUANG ELECTRIC COMPANY LIMITED (GGEC)

11.8.1. Company overview
11.8.2. Key Executives
11.8.3. Company snapshot
11.8.4. Operating product categories
11.8.5. Product portfolio

11.9. KONINKLIJKE PHILIPS N.V.

11.9.1. Company overview
11.9.2. Key Executives
11.9.3. Company snapshot
11.9.4. Operating business segments
11.9.5. Product portfolio
11.9.6. R&D Expenditure
11.9.7. Business performance
11.9.8. Key strategic moves and developments

11.10. GUANGZHOU MERRY AUDIO EQUIPMENT CO. LTD.

11.10.1. Company overview
11.10.2. Company snapshot
11.10.3. Product portfolio

11.11. PREMIUM SOUND SOLUTIONS

11.11.1. Company overview
11.11.2. Key Executives
11.11.3. Company snapshot
11.11.4. Operating product category
11.11.5. Product portfolio

11.12. Samsung Electronics Co., Ltd.

11.12.1. Company overview
11.12.2. Key Executives
11.12.3. Company snapshot
11.12.4. Operating business segments
11.12.5. Product portfolio
11.12.6. R&D Expenditure
11.12.7. Business performance
11.12.8. Key strategic moves and developments

11.13. SONY CORPORATION

11.13.1. Company overview
11.13.2. Key Executives
11.13.3. Company snapshot
11.13.4. Operating business segments
11.13.5. Product portfolio
11.13.6. R&D Expenditure
11.13.7. Business performance
11.13.8. Key strategic moves and developments

11.14. Tonly Electronics Holdings Limited

11.14.1. Company overview
11.14.2. Key Executives
11.14.3. Company snapshot
11.14.4. Product portfolio
11.14.5. R&D Expenditure
11.14.6. Business performance

11.15. TYMPHANY HK LIMITED

11.15.1. Company overview
11.15.2. Key Executives
11.15.3. Company snapshot
11.15.4. Product portfolio

LIST OF TABLES

TABLE 01. COST BREAKDOWN AND MARGIN ANALYSIS
TABLE 02. KEY SPEAKER TESTING SOFTWARE AND PRICES
TABLE 03. COST IMPACT ANALYSIS
TABLE 04. ECHO SHOW 8 COMPONENT ANALYSIS
TABLE 05. ECHO SHOW 10 COMPONENT ANALYSIS
TABLE 06. NEST HUB MAX COMPONENT ANALYSIS
TABLE 07. PORTAL COMPONENT ANALYSIS
TABLE 08. PORTAL + COMPONENT ANALYSIS
TABLE 09. PORTAL TV COMPONENT ANALYSIS
TABLE 10. JBL CHARGE 3 COMPONENT ANALYSIS
TABLE 11. JBL CHARGE 4 COMPONENT ANALYSIS
TABLE 12. BOOM 3 COMPONENT ANALYSIS
TABLE 13. SOUNDLINK MINI COMPONENT ANALYSIS
TABLE 14. OCULUS QUEST COMPONENT ANALYSIS
TABLE 15. OCULUS RIFT S COMPONENT ANALYSIS
TABLE 16. OCULUS GO COMPONENT ANALYSIS
TABLE 17. MIRAGE SOLO COMPONENT ANALYSIS
TABLE 18. PICO GOBLIN COMPONENT ANALYSIS
TABLE 19. PICO NEO COMPONENT ANALYSIS
TABLE 20. XIAOMI MI VR COMPONENT ANALYSIS
TABLE 21. VIVE FOCUS COMPONENT ANALYSIS
TABLE 22. RAPTOR COMPONENT ANALYSIS
TABLE 23. SOLOS COMPONENT ANALYSIS
TABLE 24. BLADE COMPONENT ANALYSIS
TABLE 25. X2 COMPONENT ANALYSIS
TABLE 26. SPEAKER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 27. SPEAKER MARKET REVENUE FOR SMART SPEAKERS, BY REGION, 2019–2027 ($MILLION)
TABLE 28. SPEAKER MARKET REVENUE FOR HOME AUDIO SPEAKERS, BY REGION, 2019–2027 ($MILLION)
TABLE 29. SPEAKER MARKET REVENUE FOR PORTABLE SPEAKERS, BY REGION, 2019–2027 ($MILLION)
TABLE 30. SPEAKER MARKET REVENUE FOR TRUE WIRELESS STEREO, BY REGION, 2019–2027 ($MILLION)
TABLE 31. SPEAKER MARKET REVENUE, BY SIZE, 2019–2027 ($MILLION)
TABLE 32. SPEAKER MARKET REVENUE FOR SMALL SIZE, BY REGION, 2019–2027 ($MILLION)
TABLE 33. SPEAKER MARKET REVENUE FOR MEDIUM SIZE, BY REGION, 2019–2027 ($MILLION)
TABLE 34. SPEAKER MARKET REVENUE FOR LARGE SIZE, BY REGION, 2019–2027 ($MILLION)
TABLE 35. SPEAKER MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 36. SPEAKER MARKET REVENUE FOR PERSONAL, BY REGION, 2019–2027 ($MILLION)
TABLE 37. SPEAKER MARKET REVENUE FOR COMMERCIAL, BY REGION, 2019–2027 ($MILLION)
TABLE 38. SPEAKER MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 39. SPEAKER MARKET REVENUE FOR ONLINE, BY REGION, 2019–2027 ($MILLION)
TABLE 40. SPEAKER MARKET REVENUE FOR OFFLINE, BY REGION, 2019–2027 ($MILLION)
TABLE 41. SPEAKER MARKET REVENUE, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 42. SPEAKER MARKET REVENUE FOR LESS THAN $50, BY REGION, 2019–2027 ($MILLION)
TABLE 43. SPEAKER MARKET REVENUE FOR $50 TO $100, BY REGION, 2019–2027 ($MILLION)
TABLE 44. SPEAKER MARKET REVENUE FOR $100 TO $200, BY REGION, 2019–2027 ($MILLION)
TABLE 45. SPEAKER MARKET REVENUE FOR ABOVE $200, BY REGION, 2019–2027 ($MILLION)
TABLE 46. SPEAKER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 47. NORTH AMERICA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 48. NORTH AMERICA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 49. NORTH AMERICA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 50. NORTH AMERICA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 51. NORTH AMERICA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 52. NORTH AMERICA SPEAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 53. U.S. SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 54. U.S. SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 55. U.S. SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 56. U.S. SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 57. U.S. SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 58. CANADA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 59. CANADA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 60. CANADA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 61. CANADA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 62. CANADA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 63. MEXICO SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 64. MEXICO SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 65. MEXICO SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 66. MEXICO SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 67. MEXICO SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 68. EUROPE SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 69. EUROPE SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 70. EUROPE SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 71. EUROPE SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 72. EUROPE SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 73. EUROPE SPEAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 74. UK SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 75. UK SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 76. UK SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 77. UK SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 78. UK SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 79. GERMANY SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 80. GERMANY SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 81. GERMANY SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 82. GERMANY SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 83. GERMANY SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 84. FRANCE SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 85. FRANCE SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 86. FRANCE SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 87. FRANCE SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 88. FRANCE SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 89. REST OF EUROPE SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 90. REST OF EUROPE SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 91. REST OF EUROPE SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 92. REST OF EUROPE SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 93. REST OF EUROPE SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 94. ASIA-PACIFIC SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 95. ASIA-PACIFIC SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 96. ASIA-PACIFIC SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 97. ASIA-PACIFIC SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 98. ASIA-PACIFIC SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 99. ASIA-PACIFIC SPEAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 100. CHINA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 101. CHINA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 102. CHINA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 103. CHINA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 104. CHINA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 105. JAPAN SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 106. JAPAN SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 107. JAPAN SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 108. JAPAN SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 109. JAPAN SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 110. INDIA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 111. INDIA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 112. INDIA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 113. INDIA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 114. INDIA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 115. SOUTH KOREA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 116. SOUTH KOREA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 117. SOUTH KOREA SPEAKER MARKET, BY END USE TYPE, 2019–2027 ($MILLION)
TABLE 118. SOUTH KOREA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 119. SOUTH KOREA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 120. REST OF ASIA-PACIFIC SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 121. REST OF ASIA-PACIFIC SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 122. REST OF ASIA-PACIFIC SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 123. REST OF ASIA-PACIFIC SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 124. REST OF ASIA-PACIFIC SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 125. LAMEA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 126. LAMEA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 127. LAMEA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 128. LAMEA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 129. LAMEA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 130. LAMEA SPEAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 131. LATIN AMERICA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 132. LATIN AMERICA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 133. LATIN AMERICA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 134. LATIN AMERICA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 135. LATIN AMERICA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 136. MIDDLE EAST SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 137. MIDDLE EAST SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 138. MIDDLE EAST SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 139. MIDDLE EAST SPEAKER MARKET, BY SALES CHANNEL 2019–2027 ($MILLION)
TABLE 140. MIDDLE EAST SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 141. AFRICA SPEAKER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 142. AFRICA SPEAKER MARKET, BY SIZE, 2019–2027 ($MILLION)
TABLE 143. AFRICA SPEAKER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 144. AFRICA SPEAKER MARKET, BY SALES CHANNEL, 2019–2027 ($MILLION)
TABLE 145. AFRICA SPEAKER MARKET, BY PRICE RANGE, 2019–2027 ($MILLION)
TABLE 146. KEY PRODUCT DEVELOPMENTS, (2019)
TABLE 147. KEY BUSINESS EXPANSION, (2017–2020)
TABLE 148. KEY ACQUISITION, (2017–2020)
TABLE 149. KEY PARTNERSHIP, (2017–2020)
TABLE 150. KEY JOINT VENTURE, (2017–2020)
TABLE 151. 3NOD GROUP: KEY EXECUTIVE
TABLE 152. 3NOD GROUP: COMPANY SNAPSHOT
TABLE 153. 3NOD GROUP: PRODUCT PORTFOLIO
TABLE 154. AAC TECHNOLOGIES HOLDINGS INC.: KEY EXECUTIVES
TABLE 155. AAC TECHNOLOGIES HOLDINGS INC.: COMPANY SNAPSHOT
TABLE 156. AAC TECHNOLOGIES HOLDINGS INC.: OPERATING SEGMENTS
TABLE 157. AAC TECHNOLOGIES HOLDINGS INC.: PRODUCT PORTFOLIO
TABLE 158. ALPHABET INC.: KEY EXECUTIVES
TABLE 159. ALPHABET INC.: COMPANY SNAPSHOT
TABLE 160. ALPHABET INC.: OPERATING SEGMENTS
TABLE 161. ALPHABET INC.: PRODUCT PORTFOLIO
TABLE 162. AMAZON.COM, INC.: KEY EXECUTIVES
TABLE 163. AMAZON.COM, INC.: COMPANY SNAPSHOT
TABLE 164. AMAZON.COM, INC.: OPERATING SEGMENTS
TABLE 165. AMAZON.COM, INC.: PRODUCT PORTFOLIO
TABLE 166. BOSE CORPORATION: KEY EXECUTIVES
TABLE 167. BOSE CORPORATION: COMPANY SNAPSHOT
TABLE 168. BOSE CORPORATION: PRODUCT PORTFOLIO
TABLE 169. FORTUNE GRAND TECHNOLOGY INC.: KEY EXECUTIVE
TABLE 170. FORTUNE GRAND TECHNOLOGY INC.: COMPANY SNAPSHOT
TABLE 171. FORTUNE GRAND TECHNOLOGY INC.: OPERATING PRODUCT CATEGORIES
TABLE 172. FORTUNE GRAND TECHNOLOGY INC.: PRODUCT PORTFOLIO
TABLE 173. FOSTER ELECTRIC COMPANY, LIMITED: KEY EXECUTIVES
TABLE 174. FOSTER ELECTRIC COMPANY, LIMITED: COMPANY SNAPSHOT
TABLE 175. FOSTER ELECTRIC COMPANY, LIMITED: OPERATING SEGMENTS
TABLE 176. FOSTER ELECTRIC COMPANY, LIMITED: PRODUCT PORTFOLIO
TABLE 177. GUOGUANG ELECTRIC COMPANY LIMITED (GGEC): KEY EXECUTIVES
TABLE 178. GUOGUANG ELECTRIC COMPANY LIMITED (GGEC): COMPANY SNAPSHOT
TABLE 179. GUOGUANG ELECTRIC COMPANY LIMITED (GGEC): OPERATING PRODUCT CATEGORIES
TABLE 180. GUOGUANG ELECTRIC COMPANY LIMITED (GGEC): PRODUCT PORTFOLIO
TABLE 181. KONINKLIJKE PHILIPS N.V.: KEY EXECUTIVES
TABLE 182. KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
TABLE 183. KONINKLIJKE PHILIPS N.V.: OPERATING SEGMENTS
TABLE 184. KONINKLIJKE PHILIPS N.V.: PRODUCT PORTFOLIO
TABLE 185. GUANGZHOU MERRY AUDIO EQUIPMENT CO. LTD.: COMPANY SNAPSHOT
TABLE 186. GUANGZHOU MERRY AUDIO EQUIPMENT CO. LTD.: PRODUCT PORTFOLIO
TABLE 187. PREMIUM SOUND SOLUTIONS: KEY EXECUTIVES
TABLE 188. PREMIUM SOUND SOLUTIONS: COMPANY SNAPSHOT
TABLE 189. PREMIUM SOUND SOLUTIONS: OPERATING SEGMENTS
TABLE 190. PREMIUM SOUND SOLUTIONS: PRODUCT PORTFOLIO
TABLE 191. SAMSUNG ELECTRONICS CO., LTD.: KEY EXECUTIVES
TABLE 192. SAMSUNG ELECTRONICS CO., LTD.: COMPANY SNAPSHOT
TABLE 193. SAMSUNG ELECTRONICS CO., LTD.: OPERATING SEGMENTS
TABLE 194. SAMSUNG ELECTRONICS CO., LTD.: PRODUCT PORTFOLIO
TABLE 195. SONY CORPORATION: KEY EXECUTIVES
TABLE 196. SONY CORPORATION: COMPANY SNAPSHOT
TABLE 197. SONY CORPORATION: OPERATING SEGMENTS
TABLE 198. SONY CORPORATION: PRODUCT PORTFOLIO
TABLE 199. TONLY ELECTRONICS HOLDINGS LIMITED: KEY EXECUTIVES
TABLE 200. TONLY ELECTRONICS HOLDINGS LIMITED: COMPANY SNAPSHOT
TABLE 201. TONLY ELECTRONICS HOLDINGS LIMITED: PRODUCT PORTFOLIO
TABLE 202. TYMPHANY HK LIMITED: KEY EXECUTIVES
TABLE 203. TYMPHANY HK LIMITED: COMPANY SNAPSHOT
TABLE 204. TYMPHANY HK LIMITED: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. GLOBAL SPEAKER MARKET, 2020–2027
FIGURE 03. GLOBAL SPEAKER MARKET, BY COUNTRY, 2020–2027
FIGURE 04. GLOBAL SPEAKER MARKET: KEY PLAYERS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07. LOW TO MODERATE BARGAINING POWER OF BUYERS
FIGURE 08. MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 09. LOW TO MODERATE THREAT OF NEW ENTRANTS
FIGURE 10. MODERATE INTENSITY OF RIVALRY
FIGURE 11. SPEAKER TESTING COST BREAKDOWN BETWEEN LABOR AND SOFTWARE
FIGURE 12. SPEAKER TESTING SOFTWARE MARKET SHARE ANALYSIS 2019 (%)
FIGURE 13. GLOBAL SPEAKER MARKET, BY PRODUCT TYPE, 2020–2027
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR SMART SPEAKERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR HOME AUDIO SPEAKERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR PORTABLE SPEAKERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR TRUE WIRELESS STEREO, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18. GLOBAL SPEAKER MARKET, BY SIZE, 2019–2027
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR SMALL SIZE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR MEDIUM SIZE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR LARGE SIZE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22. GLOBAL SPEAKER MARKET, BY END USE, 2019–2027
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR PERSONAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR COMMERCIAL, BY COUNTRY,  2019 & 2027 (%)
FIGURE 25. GLOBAL SPEAKER MARKET, SALES CHANNEL, 2020–2027
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR ONLINE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR OFFLINE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28. GLOBAL SPEAKER MARKET, PRICE RANGE, 2020–2027
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR LESS THAN $50, BY COUNTRY,  2019 & 2027 (%)
FIGURE 30. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR $50 TO $100, BY COUNTRY, 2019 & 2027 (%)
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR $100 TO $200, BY COUNTRY,  2019 & 2027 (%)
FIGURE 32. COMPARATIVE SHARE ANALYSIS OF SPEAKER MARKET FOR ABOVE $200, BY COUNTRY, 2019 & 2027 (%)
FIGURE 33. SPEAKER MARKET, BY REGION, 2019–2027
FIGURE 34. U.S. SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35. CANADA SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36. MEXICO SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37. UK SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38. GERMANY SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39. FRANCE SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40. REST OF EUROPE SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41. CHINA SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 42. JAPAN SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 43. INDIA SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 44. SOUTH KOREA SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 45. REST OF ASIA-PACIFIC SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 46. LATIN AMERICA SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 47. MIDDLE EAST SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 48. AFRICA SPEAKER MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 49. MARKET PLAYER POSITIONING, 2019
FIGURE 50. TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 51. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 52. TOP WINNING STRATEGIES, BY COMPANY, 2017–2020
FIGURE 53. COMPANY SNAPSHOT
FIGURE 54. AAC TECHNOLOGIES HOLDINGS INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 55. AAC TECHNOLOGIES HOLDINGS INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 56. AAC TECHNOLOGIES HOLDINGS INC.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 57. AAC TECHNOLOGIES HOLDINGS INC.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 58. ALPHABET INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 59. ALPHABET INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 60. ALPHABET INC.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 61. ALPHABET INC.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 62. AMAZON.COM, INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 63. AMAZON.COM, INC.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 64. AMAZON.COM, INC.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 65. FOSTER ELECTRIC COMPANY, LIMITED: NET SALES, 2017–2019 ($MILLION)
FIGURE 66. FOSTER ELECTRIC COMPANY, LIMITED: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 67. KONINKLIJKE PHILIPS N.V.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 68. KONINKLIJKE PHILIPS N.V.: NET SALES, 2017–2019 ($MILLION)
FIGURE 69. KONINKLIJKE PHILIPS N.V.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 70. KONINKLIJKE PHILIPS N.V.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 71. SAMSUNG ELECTRONICS CO., LTD.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 72. SAMSUNG ELECTRONICS CO., LTD.: NET SALES, 2017–2019 ($MILLION)
FIGURE 73. SAMSUNG ELECTRONICS CO., LTD.: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 74. SAMSUNG ELECTRONICS CO., LTD.: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 75. SONY CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 76. SONY CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 77. SONY CORPORATION: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 78. SONY CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 79. TONLY ELECTRONICS HOLDINGS LIMITED: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 80. TONLY ELECTRONICS HOLDINGS LIMITED: NET SALES, 2017–2019 ($MILLION)
FIGURE 81. TONLY ELECTRONICS HOLDINGS LIMITED: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 82. TONLY ELECTRONICS HOLDINGS LIMITED: REVENUE SHARE, BY REGION, 2019 (%)

 
 

The global speaker market accounts for high potential in the true wireless stereo (TWS) and smart speaker segment. These products are relatively new and feature numerous functions including voice control, portability, high-definition audio, and others. The manufacturing giants in the industry, including Amazon.com, Inc. and Apple, Inc. have a strong foothold and provide high contribution in the smart speaker and TWS product industries respectively.

Moreover, use of artificial intelligence through virtual assistants is changing the speaker industry by making these products more feasible for personal use. The application of speakers has been diversified and the technologies are constantly upgraded for inclusion of new programs, better audio quality, and high-end battery backup. For instance, the Amazon Echo product featuring Alexa virtual assistant can perform thousands of functions and is available in varied price ranges including less than $50, $50 to $100, and even more than $200 for the high-end models with better sound qualities. This consumer-based product development promotes growth of speakers with smart technologies, which, in turn, drives the growth of the speaker market globally.

Key players in the market focus on product launch and product development to strengthen their foothold in the speaker industry. For instance, in April 2020, Harman International, a subsidiary of Korea based Samsung Electronics, launched JBL Flip 5 Eco portable speaker, on the occasion of International Mother Earth day. The speaker is manufactured using 90% recycled plastic parts and is packed using environment friendly material. In addition, it also includes a protective case constructed using biodegradable materials. Such factors surge the popularity of these products and propel the growth of speaker industry.

 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The speaker market size was $39,576.5 million in 2019 and is projected to reach $233,274.5 million in 2027, growing at a CAGR of 30.5% from 2020 to 2027.

A. The forecast period considered for the speaker market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. The base year considered in the speaker market is 2019.

A. No, the report does not provide valve chain analysis. However, it includes the market share analysis of top speaker testing software companies.

A. On the basis of product type, the true wireless stereo (TWS) segment is expected to be the most influencing segment growing in the speaker market report.

A. Based on the end use, in 2019, the personal segment generated the highest revenue, accounting for 99.0% of the market, and is projected to grow at a CAGR of 30.6% from 2020 to 2027.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The market value of speaker market is $36,183.8 million in 2020.

A. High population growth, and increasing disposable income of people is driving the demand for speakers in the Asia-Pacific region. Also, the growing popularity for smart speakers foster the growth of overall speaker industry.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

 

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