Speakers Market: Technology Landscape
Based on the technology, the wireless speakers' segment is expected to witness a lucrative growth during the forecast period.
Speakers Market: Product Landscape
Based on the product, the stereo speakers segment is expected to witness growth during the forecast period.
Speakers Market: Geographic Landscape
By geography, APAC is going to witness a surge in growth during the forecast period. About 45% of the market's overall growth is expected to originate from APAC. China and Japan are the key markets for speakers in APAC. Rapid advances in technology, changing end-user preferences, increasing partnerships between smart speaker vendors and security service providers, and the rising adoption of music streaming services will facilitate the speakers market growth in APAC over the forecast period.