Dublin, Oct. 30, 2023 (GLOBE NEWSWIRE) -- The "Speakers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Speakers estimated at US$84.3 Billion in the year 2022, is projected to reach a revised size of US$525.4 Billion by 2030, growing at a CAGR of 25.7% over the analysis period 2022-2030.
True Wireless Stereo, one of the segments analyzed in the report, is projected to record 30% CAGR and reach US$294.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Smart Speakers segment is readjusted to a revised 24.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $22.5 Billion, While China is Forecast to Grow at 34.8% CAGR
The Speakers market in the U.S. is estimated at US$22.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$164.3 Billion by the year 2030 trailing a CAGR of 34.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.7% and 21.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.5% CAGR.
Select Competitors (Total 46 Featured) -
- 0W1 audio
- 10times
- 12speak!
- 33Seconds Ltd
- 3c Computer Italia Srl
- 3rd Power
- 4 Bagger Cornhole, LLC.
- 43Rumors
- 7Not.Pro
- a2z
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 296 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $84.3 Billion |
| Forecasted Market Value (USD) by 2030 | $525.4 Billion |
| Compound Annual Growth Rate | 25.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Speaker - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/h61dna
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