LONDON–(BUSINESS WIRE)–#GlobalSpeakersMarket–Technavio has been monitoring the speakers market and it is poised to grow by USD 43.55 bn during 2019-2023, progressing at a CAGR of 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Growing popularity of wireless streaming of audio content has been instrumental in driving the growth of the market. Request a free sample report
Speakers Market 2019-2023: Segmentation
Speakers Market is segmented as below:
- Smart Speakers
- Home Audio Speakers
- Portable Speakers
- North America
- South America
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Speakers Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our speakers market report covers the following areas:
- Speakers Market Size
- Speakers Market Trends
- Speakers Market Industry Analysis
This study identifies growing focus on AI-ready speakers as one of the prime reasons driving the speakers market growth during the next few years.
Speakers Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the speakers market, including some of the vendors such as Amazon.com Inc., Apple Inc., Bose Corp., Google LLC, Samsung Electronics Co. Ltd. and Sony Corp. Backed with competitive intelligence and benchmarking, our research reports on the speakers market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Speakers Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist speakers market growth during the next five years
- Estimation of the speakers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the speakers market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of speakers market vendors
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.