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Speaker Market, Global Outlook and Forecast 2023-2030

The global Speaker market was valued at US$ 35940 million in 2022 and is projected to reach US$ 85790 million by 2029, at a CAGR of 13.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Speakers are audio systems that convert electromagnetic waves into sound waves. It includes portable speakers, smart speakers, and home audio speakers.
This report aims to provide a comprehensive presentation of the global market for Speaker, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Speaker. This report contains market size and forecasts of Speaker in global, including the following market information:

  • Global Speaker Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Speaker Market Sales, 2018-2023, 2024-2030, (K Units)
  • Global top five Speaker companies in 2022 (%)


Our industry research analysts have estimated that countries in the Americas will contribute the most to the growth of this market throughout the forecast period due to the significant demand for speakers in the region.
We surveyed the Speaker manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Speaker Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Speaker Market Segment Percentages, by Type, 2022 (%)

  • Portable Speaker
  • Stationary Speaker

Global Speaker Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Speaker Market Segment Percentages, by Application, 2022 (%)

  • Home Use
  • Commercial
  • Others

Global Speaker Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Speaker Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Speaker revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Speaker revenues share in global market, 2022 (%)
  • Key companies Speaker sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Speaker sales share in global market, 2022 (%)

Key players include:

  • Bose Corporation
  • Sony
  • Beats Inc
  • Harman International
  • Yamaha Corporation of America
  • Audiovox Corporation
  • Poineer
  • Logitech
  • Sennheiser
  • Polk Audio
  • Altec Lansing
  • Creative
  • Samsung
  • Philips
  • Panasonic
  • LG
  • Doss
  • Edifier
  • Bowers & Wilkins

Outline of Major Chapters:
Chapter 1: Introduces the definition of Speaker, market overview.
Chapter 2: Global Speaker market size in revenue and volume.
Chapter 3: Detailed analysis of Speaker manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Speaker in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Speaker capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.