Daniel Slotta
Research expert covering Greater China
Speakers - statistics & facts
Nowadays, no party is a proper party without a good speaker. As consumer demand for speakers continues to increase, the industry is set to grow steadily. The speaker market offers a wide range of products, including both home theater systems that provide an encompassing listening experience, as well as wireless speakers that can play your favorite song wherever you like. Furthermore, in an era dominated by artificial intelligence (AI) and smart technology, the growth of the industry is also driven by the increasing popularity of smart speakers, that is, speakers with an embedded voice assistant that work as a smart home hub and can perform a vast array of activities, from playing music and movies to answering questions and writing a shopping list.
