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Growing deployment of smart home systems, rising demand for high-resolution audio, and burgeoning popularity of wireless speakers are some of the prominent drivers influencing the growth of the North America speaker market. There has been a noticeable trend towards wireless speakers, resulting in less hassle of wires. Bluetooth speakers, specifically, have experienced increased expansion owing to their portability and ability to connect with various mobile devices.
North America Speaker Market Size
North America Speaker Market Growth
North America Speaker Market Trends
North America Speaker Market Share
North America Speaker Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 11.1 billion.
The market is estimated to grow at a CAGR of 6.20% between 2024 and 2032.
The North America speaker market is estimated to witness a healthy growth during 2024-2032 to reach around USD 19.07 billion by 2032.
The market is being driven due to growing deployment of smart home systems, rising demand for high-resolution audio, and the burgeoning popularity of wireless speakers.
The key trends aiding the market include the incorporation of modular speaker designs, the expansion of the e-commerce sector, and the development of high-audio-resolution speakers.
Countries considered in the market are the United States and Canada.
Based on type, market segmentations include wired speaker and wireless speaker.
Various applications are consumer electronics, professional audio, and automotive, among others.
The major players in the market are Sony Corporation, Samsung Electronics Co. Ltd., Bose Corporation, Sonos, Inc., LG Corporation, Panasonic Holdings Corporation, Apple, Inc., Amazon.com Inc., Alphabet Inc., and Marshall Group AB, among others.
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