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North America Smart Speaker Market Forecast 2019-2027

North America Smart Speaker Market Forecast 2019-2027

KEY FINDINGS

The North American smart speakers market is poised to grow at a CAGR of 23.69% during the forecasted period, i.e. 2019-2027. The North American market will continue to escalate in terms of revenue and is expected to reach $ xx million by the end of 2027.

MARKET INSIGHTS

The North American smart speaker market is the most dominant regional market in the world in terms of market share. This growth is primarily due to the increased technology adoption in the US. Also, the country is updated with the latest technology whose penetration is the highest in North America. The increased spending capability of the US population is likely to support the revenue inflow of the smart speaker market in this region.

COMPETITIVE INSIGHTS

Top market players in the North American smart speaker market are Amazon.Com Inc., Bose Corporation, Apple Inc., Pioneer Corporation, Plantronics Inc., Alibaba Group Holding Limited, Sonos, Alphabet Inc., Lg Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd. and Xiaomi Corporation.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. 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. North America
9.1.1. United States
9.1.2. Canada
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. North America Smart Speaker Market, By Country 2019-2027 ($ Millions)
Table 2. North America Smart Speaker Market, By Intelligent Virtual Assistant, 2019-2027 (In $ Million)
Table 3. North America Smart Speaker Market, By End Users, 2019-2027 (In $ Million)
Table 4. North America Smart Speaker Market, By Distribution Channel, 2019-2027 (In $ Million)
Table 5. Opportunity Matrix
Table 6. Vendor Landscape
Table 7. North America Smart Speakers Market, By Country, 2019-2027 (In $ Million)
List Of Figures
Figure 1. North America Smart Speaker Market, By Intelligent Virtual Assistant, 2018 & 2027 (In $millions)
Figure 2. North America Smart Speakers Market By Alexa, 2019-2027 (In $ Million)
Figure 3. North America Smart Speaker Market By Google Assistant, 2019-2027 (In $ Million)
Figure 4. North America Smart Speaker Market By Siri, 2019-2027 (In $ Million)
Figure 5. North America Smart Speakers Market By Cortana, 2019-2027 (In $ Million)
Figure 6. North America Smart Speakers Market By Others, 2019-2027 (In $ Million)
Figure 7. North America Smart Speakers Market By Personal Use, 2019-2027 (In $ Million)
Figure 8. North America Smart Speakers Market By Commercial Use, 2019-2027 (In $ Million)
Figure 9. North America Smart Speakers Market By Online Distribution, 2019-2027 (In $ Million)
Figure 10. North America Smart Speakers Market By Offline Distribution, 2019-2027 (In $ Million)
Figure 11. North America Smart Speaker Market, Regional Outlook, 2018 & 2027 (In %)
Figure 12. United States Smart Speakers Market, 2019-2027 (In $ Million)
Figure 13. Canada Smart Speakers Market, 2019-2027 (In $ Million)

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