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Europe Smart Speaker Market Forecast 2019-2027

Europe Smart Speaker Market Forecast 2019-2027

KEY FINDINGS

The CAGR of the European smart speaker market between 2019 and 2027, is expected to be 25.38%. The European smart speaker market will continue to escalate in terms of revenue and is projected to reach $ xx million by 2027.

MARKET INSIGHTS

The overall network infrastructure for the growth of smart speakers in Europe is favorable for the smart speaker market. The average internet penetration of the total population in European countries is quite high while the penetration of smart home devices is moderate. The potential for the growth of adoption of smart speakers is huge in the United Kingdom. Consumers in the European Union, however, have relatively higher concerns regarding the privacy of data as compared to the UK, considering the recent data privacy scandals that have happened.

COMPETITIVE INSIGHTS

Prominent companies involved in the European smart speaker market are Alphabet Inc., Sonos, Lg Corporation, Panasonic Corporation, Pioneer Corporation, Bose Corporation, Amazon.Com Inc., Apple Inc. Xiaomi Corporation Plantronics Inc., Samsung Electronics Co. Ltd. and Alibaba Group Holding Limited.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.3.1. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Developments In The Smart Speakers Market
3.2.2. Competition Is Rising Quickly To Capture Greater Market Share.
3.2.3. Popular Locations For Smart Speakers Usage
3.2.4. Amazon Echo Command About Two-thirds Of The Market
3.2.5. Emergence Of Voice Commerce
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Rapid Increase In Usage Of Smart Devices At Home
4.2.2. Millennials Attraction Towards Smart Homes
4.2.3. Increase In Adoption Of Multifunctional Devices By Small, Medium & Large Enterprises
4.3. Market Restraints
4.3.1. Security And Privacy Challenges
4.3.2. Language Support In Voice Assistants
4.4. Market Opportunities
4.4.1. Demand Is Rising Rapidly
4.4.2. Smart Speaker Owners Uses 3rd-party Voice Apps
4.4.3. Adoption Of Voice Apps, Smart Home, Calling And Messaging Have Room For Growth
4.4.4. New Developments
4.5. Market Challenges
4.5.1. Lack Of Knowledge Base
4.5.2. Pricing & Technological Advancement Restricting Growth Of The Market
5. Market By Intelligent Virtual Assistant
5.1. Alexa
5.2. Google Assistant
5.3. Siri
5.4. Cortana
5.5. Others
6. Market By End Users
6.1. Personal Use
6.2. Commercial Use
7. Market By Distribution Channel
7.1. Online
7.2. Offline
8. Key Analytics
8.1. Porters Five Forces Analysis
8.1.1. Bargaining Power Of Buyers
8.1.2. Bargaining Power Of Suppliers
8.1.3. Threat Of New Entrants
8.1.4. Threat Of Substitutes
8.1.5. Threat Of Competitive Rivalry
8.2. Opportunity Matrix
8.3. Vendor Landscape
9. Geographical Analysis
9.1. Europe
9.1.1. United Kingdom
9.1.2. France
9.1.3. Italy
9.1.4. Russia
9.1.5. Spain
9.1.6. Germany
9.1.7. Rest Of Europe
10. Company Profiles
10.1. Alibaba Group Holding Limited
10.2. Alphabet Inc.
10.3. Amazon.Com, Inc.
10.4. Apple Inc.
10.5. Bose Corporation
10.6. Lg Corporation
10.7. Panasonic Corporation
10.8. Pioneer Corporation
10.9. Plantronics, Inc.
10.10. Samsung Electronics Co., Ltd.
10.11. Sonos
10.12. Xiaomi Corporation
List Of Tables
Table 1. Europe Smart Speaker Market, By Country 2019-2027 ($ Millions)
Table 2. Europe Smart Speaker Market, By Intelligent Virtual Assistant, 2019-2027 (In $ Million)
Table 3. Europe Smart Speaker Market, By End Users, 2019-2027 (In $ Million)
Table 4. Europe Smart Speaker Market, By Distribution Channel, 2019-2027 (In $ Million)
Table 5. Opportunity Matrix
Table 6. Vendor Landscape
Table 7. Europe Smart Speakers Market, By Country, 2019-2027 (In $ Million)
List Of Figures
Figure 1. Europe Smart Speaker Market, By Intelligent Virtual Assistant, 2018 & 2027 (In $millions)
Figure 2. Europe Smart Speakers Market By Alexa, 2019-2027 (In $ Million)
Figure 3. Europe Smart Speaker Market By Google Assistant, 2019-2027 (In $ Million)
Figure 4. Europe Smart Speaker Market By Siri, 2019-2027 (In $ Million)
Figure 5. Europe Smart Speakers Market By Cortana, 2019-2027 (In $ Million)
Figure 6. Europe Smart Speakers Market By Others, 2019-2027 (In $ Million)
Figure 7. Europe Smart Speakers Market By Personal Use, 2019-2027 (In $ Million)
Figure 8. Europe Smart Speakers Market By Commercial Use, 2019-2027 (In $ Million)
Figure 9. Europe Smart Speakers Market By Online Distribution, 2019-2027 (In $ Million)
Figure 10. Europe Smart Speakers Market By Offline Distribution, 2019-2027 (In $ Million)
Figure 11. Europe Smart Speaker Market, Regional Outlook, 2018 & 2027 (In %)
Figure 12. United Kingdom Smart Speakers Market, 2019-2027 (In $ Million)
Figure 13. France Smart Speakers Market, 2019-2027 (In $ Million)
Figure 14. Italy Smart Speakers Market, 2019-2027 (In $ Million)
Figure 15. Russia Smart Speakers Market, 2019-2027 (In $ Million)
Figure 16. Spain Smart Speakers Market, 2019-2027 (In $ Million)
Figure 17. Germany Smart Speakers Market, 2019-2027 (In $ Million)
Figure 18. Rest Of Europe Smart Speakers Market, 2019-2027 (In $ Million)
Figure 19. Smart Speaker Penetration In Households In Rest Of European Countries

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