Smart speaker size worldwide 2029

The global revenue in the 'Smart Speakers' segment of the consumer electronics market was forecast to continuously increase between 2024 and 2029 by in total 9.5 billion U.S. dollars (+47.08 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 29.65 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Smart Speakers' segment of the consumer electronics market was continuously increasing over the past years.

Find further information concerning the average revenue per capita in the 'Headphones' segment of the consumer electronics market in Canada and the revenue in the consumer electronics market in the United Kingdom.

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Smart speaker market revenue from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Smart speakers are a type of speaker that are connected to the internet and can be controlled using voice commands. They usually have built-in virtual assistants, such as Amazon Alexa or Google Assistant, that can be used to play music, control smart home devices, set reminders, and perform other tasks.

Additional information:

The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies such as Amazon, Apple and Google. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.

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