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Base Year
Historical Year
Forecast Year
The speaker market in North America reached approximately USD 11.1 billion in 2023. The market is projected to grow at a CAGR of 6.20% between 2024 and 2032, reaching a value of around USD 19.07 billion by 2032.
North America Speaker Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 11.1 |
Market Size 2032 | USD Billion | 19.1 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.2% |
CAGR 2024-2032 - Market by Region | Canada | 6.6% |
CAGR 2024-2032 - Market by Region | United States | XX% |
CAGR 2024-2032 - Market by Type | Wireless Speaker | 6.8% |
CAGR 2024-2032 - Market by Application | Automotive | 6.8% |
Market Share by Region | Canada | XX% |
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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