Philippines: speakers market segment revenue 2021

In 2020, the speakers market in the Philippines generated a revenue of 225 million. The Statista Technology Market Outlook estimates that 216 million dollars of this revenue was generated by the stereo speaker market segment, with only nine million being created by smart speakers.

Revenue of the speakers market in the Philippines 2021, by segment (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

Data provided by Statista Market Outlook are estimates
This section examines smart speakers which have an integrated virtual assistant, such as Amazon Echo, as well as single and multiple stereo loudspeaker devices. The Consumer Electronics market only includes retail sales.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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