The global revenue in the 'Smart Speakers' segment of the consumer electronics market was forecast to continuously increase between 2024 and 2029 by in total 9.5 billion U.S. dollars (+47.08 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 29.65 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Smart Speakers' segment of the consumer electronics market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
Smart speakers are a type of speaker that are connected to the internet and can be controlled using voice commands. They usually have built-in virtual assistants, such as Amazon Alexa or Google Assistant, that can be used to play music, control smart home devices, set reminders, and perform other tasks.
Additional information:
The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies such as Amazon, Apple and Google. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
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Statista Consumer Market Insights. (June 28, 2024). Smart speaker market revenue from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/forecasts/1367973/smart-speaker-market-revenue-worldwide
Statista Consumer Market Insights. "Smart speaker market revenue from 2019 to 2029 (in billion U.S. dollars)." Chart. June 28, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/forecasts/1367973/smart-speaker-market-revenue-worldwide
Statista Consumer Market Insights. (2024). Smart speaker market revenue from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/forecasts/1367973/smart-speaker-market-revenue-worldwide
Statista Consumer Market Insights. "Smart Speaker Market Revenue from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/forecasts/1367973/smart-speaker-market-revenue-worldwide
Statista Consumer Market Insights, Smart speaker market revenue from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1367973/smart-speaker-market-revenue-worldwide (last visited October 31, 2024)
Smart speaker market revenue from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Consumer Market Insights, June 28, 2024. [Online]. Available: https://www.statista.com/forecasts/1367973/smart-speaker-market-revenue-worldwide