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Global Conference Speaker Market Overview

Conference Speaker Market Size Was Valued at USD 3.12 Billion in 2023 and is Projected to Reach USD 10.31 Billion by 2032, Growing at 14.2% From 2024-2032.

Speakers are transducers that reconstruct sound waves from electromagnetic waves. Conferencing especially video conferencing is taking the globe by storm. Moreover, to make video conferencing more efficient individuals, as well as companies, are incorporating the use of conference speakers thus supporting the growth of the conference speaker market in the period of forecast. Furthermore, with innovation in technology conference speakers have become portable. This means the user can swiftly transform the living or bedroom into the home office anytime and can be used anywhere outside efficiently. Additionally, speakers have hardware with built-in bass boosting drivers, sound amplifiers, and are available in all sizes to meet customer demand.

Moreover, developing technology and its use in manufacturing speakers has revolutionized the speaker industry, one such example is smart speakers. Smart speakers provide numerous features such as voice control and artificial intelligence. Bluetooth connectivity provides the user to have a wireless connection between speaker and mic further advancements in Lithium-ion battery technologies improve the efficiency of portable speakers. The growing demand for portable and Bluetooth speakers is propelling the conference speaker market expansion in the period of forecast. Other advantages of these Conference Speakers include hassle-free maintenance, increased durability, and good functionalities, and this will spur the growth of the global Conference Speakers market during the forecast period.

COVID-19 Impact on Conference Speaker Market

COVID-19 disease outbreak in 2020 has disrupted the functioning of various industries. Several government-imposed lockdowns to curb the spread of the Coronavirus. Restrictions were also imposed on the transportation of raw materials, components, and digital equipment required for the manufacturing of speakers. Restrictions were imposed on non-essential sectors which included Speaker manufacturing plants thus, negatively impacted the production and sales of speakers. Moreover, the unavailability of workers in manufacturing plants, the shutdown of retail outlets, and the decline in logistics operations have further restricted the market growth. Due to increasing living costs and uncertainty in the economy consumers will restrict their spending on non-essential products hence, recovery of the conference speakers market is expected to be slow in the period of forecast. The COVID-19 pandemic has affected the Conference Speaker market dramatically. There are significant disturbances to the demand for the Conference Speaker across different end-use industries with the global impact on the production for Conference Speakers and the manufacturers. The pandemic has resulted in impacting the global electronic industry. The COVID-19 pandemic led to a huge loss to the electronic industry. Due to the COVID-19, most main players are focused on numerous initiatives, including product innovation, strategic relations, and emerging technology launches. Moreover, due to the COVID-19 pandemic and the depleting import and export activities. This factor has enabled major players to invest heavily in exploration activities to raise the demand from various application industries.

Market Dynamics and Factors in Conference Speaker Market

Drivers:

The increasing threat of climate change and growing public consciousness. With the threat of climate change mounting in the public realization, businesses are progressively turning to use audio and video conference calls for meetings instead of taking unnecessary journeys by car, air, or rail. Further, many businesses work collaboratively in teams, which has significantly increased the demand for portable Conference Speakers. In addition to this, present situations of the outbreak, which gained a global pandemic status, have enforced companies to heavily rely on business conferencing tools as workers stop commuting to offices. In addition to this analyst discovered the demand is expected to increase post-pandemic period. as most of the employees could soon be heading back to the office. However, there is a good chance that a large number of offices will follow social distancing rules and all the meetings are likely to be held in larger rooms, around bigger tables, and with more spacing between employees. So, when it comes to making conference calls or video conferences during meetings, companies are going to need advanced Conference Speaker options. Plus, these speakers offer a more affordable mode of conversation that gives the edge to the Conference Speakers over telephones. These all factors are expected to boost the market growth during the forecast period

Business around the world is expanding at a rapid rate, new FDI policies by emerging countries providing better getaways to large scale as well as mid-sized companies to expand their business. However, the growing need for controlled business models has triggered the demand for better communications tools. Which has directly impacted the demand for Conference Speakers. Multinational companies are locating production facilities, service and sales outlets, regional headquarters, and training facilities all around the world, rather than concentrating on their home countries. Hence with the multitude of business operations, the number of meetings with sales, manufacturers, and buyers has increased significantly. Which is expected to lay a healthy growth rate of the market over the forecast period.

The rapid expansion of business around the world

The rise in the population using video conferencing for daily meetings is driving the expansion of the conference speakers' market in the period of forecast. Moreover, several companies reported, video conferencing bridges the gap between physical locations and employees scattered worldwide further, it also enhances productivity and better work-life. A rise of 50% in productivity was seen due to video conferencing Furthermore, 90% of people find it easier to deliver their point across a video conferencing according to a report published by Digital in the Round. Additionally, 76% of employees use video conferencing for remote work globally hence all these factors promote the expansion of the conference speaker market in the duration of the forecast. Furthermore, speakers with Wi-Fi connectivity are gaining popularity among individuals hence, supporting the market growth in the period of forecast.

Restraints:

Low audio quality output with the additional connections

With the expansion of business demand for conferences, speakers are increasing. However, the quality of the device in terms of audio or video is always an issue that every company is facing today. This is mainly due to low noise reduction and connectivity. These factors affect personal relations when the client or other team members hear a colleague's voice in the background. remarks and jokes can be taken the wrong way or be offensive when the other members cannot see a caller's smile or facial expression. Another factor affecting the market growth is that the quality of the call declines as additional locations is added. When more than one party is involved, there are large chances of two of them talking at the same time and none of them will hear their thoughts. Such disadvantages with Conference Speakerphones may hamper the growth of the market during the forecast period.

Opportunities:

New product launch by major market players at an affordable price range

The pandemic period has significantly increased the frequency of conference calls and meeting through different platforms. However, the audio issues with telephones and smartphones still exist. With the tons of virtual meetings and video conferencing users are looking for a better audio experience. This has shifted users' focus to compact speakerphones to improve the overall audio experience. Moreover, with increasing frequencies of mobile meetings at any time and any location, demand for portable Conference Speakerphones is likely to increase. New portable Conference Speakerphone designed by major market players for mobile workers who need to set up unprepared conference calls at any time of the day and location, whether it's in the back of a taxi or a hotel room, is expected to propel the market growth. New features with better connectivity to the mobile phone, tablet, and PC will increase the use of speakerphones during the forecast period.

Even the current pandemic condition shrank the economy, the small-business startup rate stayed steady around the world. For instance, between May and June, over 930,000 new businesses were started in the US alone, which is slightly more than the second quarter of 2019 when the small-business launches stood at 910,000. The same situation can be seen in other emerging countries such as India and China. However, with the rising number of corporate operations throughout the world, the number of client calls, meetings, and discussions is expected to rise. In addition to this, increasing consciousness regarding environmental factors is expected to increase remote operations. which in turn will offer a better growth opportunity for the Conference Speakerphone market.

Challenges:

Growing inclination toward online conference platforms through smartphones

Most of the users carry smartphones or tablets nowadays and using different online platforms to connect with team meetings or client calls. The percentage of smartphone usage has increased since the pandemic conditions. With the increase in smartphone use for video or audio conferencing the demand for Conference Speakers may affect. However, smartphone use for video conferencing is expected to increase over the forecast period owing to better internet connectivity and convenience. These factors are the major challenges Conference Speakerphone manufacturers are facing.

Future Trend:

CR-10 Surround speakers allow the user to fine-tune sound according to the user's room and taste. Moreover, CR-10 provides the user with crystal clear sound with realistic immersive effects. LOUD Audio, LLC was having the highest share of shipments in 2020 followed by Klipsch Group, Inc.

Market Segmentation

Segmentation Analysis of Conference Speaker Market:

Based on Type, the conference speaker market is segmented into speakerphone and video bar. The speakerphone is expected to dominate the market in the period of forecast. Speakerphones are gaining popularity across the world and are popping up all over the place. The Covid19 pandemic has enforced the employees to work from home and this has led to an increase in the number of conference calls from various platforms. Speakerphones improve the audio experience and allow crystal clear communication in client meetings. It helps to make the conference calls smooth with superb sound quality, multiple connectivity options including Bluetooth, and intuitive interfaces. Speakerphones are available either as a portable device or as a central speakerphone for the office boardroom. A portable, personal USB speakerphone provides remote workers to have a professional conferencing experience in any room. All such factors are fostering the growth of the speakerphone segment in the market. In addition to this, the availability of compatible speakerphones with universal communications format is further spurring the market growth in this segment.

Based on Application, the group segment is expected to have the highest market share. Most of the businesses including IT, healthcare, and several others have an expansion of business in several locations. Conference calls and meeting plays a vital role in keeping the business running in such circumstances. Group speakerphones offer simple connection and unmatched audio clarity to multiple devices that are used in conference rooms, huddle spaces, and executive offices. In large room meetings, the speaker allows to group the conference meetings for rooms that seat around 14 to 20 people. The speakerphones for group use are easy to plug-and-play and comes with numerous features such as Bluetooth connectivity, convenient controls, expansion mics, and are certified for businesses. Conference Speakers for group use eliminate the requirement of expensive and large tabletop conference phones in conference rooms and offices. These beneficial features of Conference Speakers have led to a surge in its adoption for group use thereby fueling the growth of the market.

Based on the Feature, one mic Conference Speaker is generally recommended for small meeting rooms where a maximum of 3 to 4 participants can talk. For short office spaces with limited users, one mic speakers become an ideal choice as a requirement for noise cancellation is less. One mic speaker can be used individually or by more than one user. New designs and features offered by many manufacturers have increased its sale for individual use and in startups. Besides. the improved sound quality in the latest products also contributing to segment growth in the overall market. After one mic smart conference speakers are expected to have significant growth in the period of forecast.

Regional Analysis of Conference Speaker Market:

The conference speaker market is segmented into five regions that are North America, Middle East, and Africa, Asia, Europe, and South America.

The North American market for Conference Speaker holds a substantial share in the global market. The growth factors include well-established industries, rising disposable income of end-users, state-of-the-art infrastructure, and increasing purchasing power of the customers. The presence of many prominent companies aided in the increase in the market share of the regional Conference Speaker market. For instance, users can make clear conference calls from anywhere with the portable Philips WeCall. It comes with four microphones and advanced echo cancellation for smooth conversations, while the LED indicators and Bluetooth connectivity offer the utmost convenience. Moreover, the rapid new product launches, innovations, and product line extensions are causing a breakthrough in the North American Conference Speaker market. For instance, In September 2019, Amazon introduced an all-new line-up of Echo devices to access Alexa at home with the all-new Echo, Echo Flex, Echo Dot with clock, and Echo Show 8. Echo Studio is considered Amazon's best-sounding Echo and the first smart speaker to bring an immersive, three-dimensional audio experience, along with Dolby Atmos. Thus, with the above-mentioned factors, the Conference Speaker market is expected to grow at a high rate during the forecast period in North America

The increasing inclination towards digital platform usage among end-users, establishment of wireless 5G infrastructure, and advancements in Natural Language Processing (NLP) are significant factors for the growth of the Conference Speaker industry in the European region. Several prominent players are focused on deploying newer techniques and producing awareness to expand their existing clientele base. For instance, in December 2018, Deutsche Telekom, a German telecommunications company, and Orange, a French multinational telecommunications corporation, revealed their joint smart speaker product at the ShowHello event in Paris. Developed as part of the European AI Alliance, the Djingo smart speaker by Orange and Deutsche Telekom is voice-controlled and is the optimal interface for all Orange services. It becomes a telephone to make hands-free calls at home and can be used to interact with Orange TV and to control all the connected home services. Such high-end technology help in generating awareness and increasing the market growth

The rising population base, upcoming local companies, increasing number of suppliers, increase in demand for multifunctional devices, favorable purchasing power parities, and low labor costs account for an increase in the growth of the Conference Speaker market in these Asian and Pacific countries. Also, technological advancements in microphones, automatic speech recognition technology, boost the market growth in this region. Moreover, the increasing strategic activities employed by Asian companies, such as China, Japan, India, South Korea, fuel the market growth for the region in the forecast period. For instance, in December 2019, Baidu, a Chinese multinational technology company concentrating on Internet-related services and products, along with artificial intelligence, announced its latest Xiaodu Smart Display X8 smart speaker for the Chinese market. The new smart home device offers an 8-inch full-view touchscreen display with 1280Ɨ800 resolution. It also comprises a robust four-microphone range to ease far-field voice communications. The X8 supports various biometric modalities, including face and gesture recognition. Such steps meet the anticipated Furthermore, one of the major speaker companies, Sony Corp., based in Japan provides top-notch products in the segment of entertainment and sound. The company's key offerings in the smart speaker division include S50G Google Assistant Built-in Wireless Speaker and XB501G EXTRA BASS Google Assistant built-in Bluetooth Speaker. Such products are very helpful in various aspects of video and audio conferencing and thus increase the demand rate in the region

New product launches, renewed marketing campaigns, and superior brand availability has led to intensely changing attitudes and demand for more premium products in South American countries. For instance, in November 2019, Alphabet Inc's Google announced that the organization will launch the latest version of its Google Nest Mini smart speaker, with tactics to start selling it in major online and brick-and-mortar retailers in Brazil. Similarly, in late 2019, US e-commerce firm Amazon presented its Alexa virtual assistant to customers in Brazil, along with the availability of three different gadgets. Such promising elements are set to increase the overall growth for the Conference Speaker in the region over the forecast period. South American countries are considered high growth countries in the sound and entertainment sector. In light of this, the rising investment carried out by speaker manufacturing organizations in South American countries, such as Brazil, Chile, Argentina, is immense. Such investments are directed towards sustaining and expanding their presence in the market, and ultimately the growth of the Conference Speaker market.

The Middle Eastern and African region offers high opportunities for investing companies. In light of this, many major local and international companies have taken this leverage and established offices and subsidiaries through strategic alliances to expand their presence. Such untapped countries have immense potential and the rapid tapping of these regions by major players in the Conference Speaker industry is sure to propel the growth rate of the Middle East and African Conference Speaker market shortly. Many companies are keen on increasing their customer base by launching several applications, products, and services that are related to smart speakers. For instance, in June 2021, Amazon provided Alexa Skills Kit and Alexa Voice Services to developers in Saudi Arabia and UAE. The Alexa Skills Kit is a combination of tools and programs intended to reconstruct the formation of Alexa skills for developers. Such tactics aid in the generation of availability of different types of speakers for professional and personal use in the Middle Eastern and African countries. Such a strategy for the promotion of the comprehensive product portfolio of the performers fuels the market growth.

Players Covered in Conference Speaker Market are:

Key Industry Development in Conference Speaker Market

  • In January 2021, Logitech is setting the bar high in the video conferencing industry with next-generation appliances and PC-based solutions that support today's leading video conferencing solutions such as Microsoft Teams and Zoom. The latest Logitech Rally Bar will revamp meetings with cinema-quality video and unbreakable, clear audio in an all-in-one design.
  • In October 2020, Plantronics Inc. announced the arrival of the new Poly Sync Family, a new series of smart, Bluetooth and USB conference speakerphones. These conference speakerphones are manufactured to ensure today's need to work from anywhere, whether that's a remote work destination at the conference room in the office or home. Poly Sync speakerphone's Bluetooth and USB connectivity options provide flexibility, moreover, its intelligent microphones can easily detect voices throughout the room to enable crisp and clear audio quality for both entertainment and work.
  • In February 2020, Bose Corporation has launched Bose Video bar VB1, an all-in-one USB conferencing product that brings superior quality audio and video to meeting areas, from crowded spaces to medium-sized rooms, and allows users to be crystal clear seen and fully understood on video conference calls. The six beam-steering microphones progressively focus on voices in the room and cancel outside noise.
  • In June 2021, Yamaha Corporation has unveiled a new line of Sound Bar "ESB-1090". A next-in-line product of Yamaha's Enterprise Sound Bar, ESB-1090, the ESB-1080 resolves common problems in sound output to create a rich, superior sound experience. Each speaker is made up of two tweeters, two subwoofers, and two middle-range speakers to produce optimized sound for collaboration or video playback.

Conference Speaker Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 3.32 Bn.

Forecast Period 2024-32 CAGR:

14.2%

Market Size in 2032:

USD 10.31 Bn.

Segments Covered:

By Type

  • Speakerphone
  • Video Bar

By Application

  • Group
  • Personal

By Feature

  • Mic {One, Two, And Multi}
  • Smart {Bluetooth Connectivity, Wi-Fi Connectivity, Virtual Assistance}
  • Portability

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Rapid Expansion of Business Around the World

Key Market Restraints:

  • Low Audio Quality Output With the Additional Connections

Key Opportunities:

  • New Product Launch by Major Market Players at an Affordable Price Range

Companies Covered in the report:

  • Logitech (Switzerland), Phoenix Audio Technologies (US), GN Netcom (JABRA)(Denmark), Plantronics Inc. (US), Bose Corporation US), and Other Major Players

Chapter 1: Introduction
ā€ƒ1.1 Research Objectives
ā€ƒ1.2 Research Methodology
ā€ƒ1.3 Research Process
ā€ƒ1.4 Scope and Coverage
ā€ƒā€ƒ1.4.1 Market Definition
ā€ƒā€ƒ1.4.2 Key Questions Answered
ā€ƒ1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
ā€ƒ3.1 By Type
ā€ƒ3.2 By Application
ā€ƒ3.3 By Feature

Chapter 4: Market Landscape
ā€ƒ4.1 Porter's Five Forces Analysis
ā€ƒā€ƒ4.1.1 Bargaining Power of Supplier
ā€ƒā€ƒ4.1.2 Threat of New Entrants
ā€ƒā€ƒ4.1.3 Threat of Substitutes
ā€ƒā€ƒ4.1.4 Competitive Rivalry
ā€ƒā€ƒ4.1.5 Bargaining Power Among Buyers
ā€ƒ4.2 Industry Value Chain Analysis
ā€ƒ4.3 Market Dynamics
ā€ƒā€ƒ4.3.1 Drivers
ā€ƒā€ƒ4.3.2 Restraints
ā€ƒā€ƒ4.3.3 Opportunities
ā€ƒā€ƒ4.5.4 Challenges
ā€ƒ4.4 Pestle Analysis
ā€ƒ4.5 Technological Roadmap
ā€ƒ4.6 Regulatory Landscape
ā€ƒ4.7 SWOT Analysis
ā€ƒ4.8 Price Trend Analysis
ā€ƒ4.9 Patent Analysis
ā€ƒ4.10 Analysis of the Impact of Covid-19
ā€ƒā€ƒ4.10.1 Impact on the Overall Market
ā€ƒā€ƒ4.10.2 Impact on the Supply Chain
ā€ƒā€ƒ4.10.3 Impact on the Key Manufacturers
ā€ƒā€ƒ4.10.4 Impact on the Pricing

Chapter 5: Conference Speaker Market by Type
ā€ƒ5.1 Conference Speaker Market Overview Snapshot and Growth Engine
ā€ƒ5.2 Conference Speaker Market Overview
ā€ƒ5.3 Speakerphone
ā€ƒā€ƒ5.3.1 Introduction and Market Overview
ā€ƒā€ƒ5.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.3.4 Speakerphone: Grographic Segmentation
ā€ƒ5.4 Video Bar
ā€ƒā€ƒ5.4.1 Introduction and Market Overview
ā€ƒā€ƒ5.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.4.4 Video Bar: Grographic Segmentation

Chapter 6: Conference Speaker Market by Application
ā€ƒ6.1 Conference Speaker Market Overview Snapshot and Growth Engine
ā€ƒ6.2 Conference Speaker Market Overview
ā€ƒ6.3 Group
ā€ƒā€ƒ6.3.1 Introduction and Market Overview
ā€ƒā€ƒ6.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.3.4 Group: Grographic Segmentation
ā€ƒ6.4 Personal
ā€ƒā€ƒ6.4.1 Introduction and Market Overview
ā€ƒā€ƒ6.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.4.4 Personal: Grographic Segmentation
ā€ƒ6.5 Enterprise
ā€ƒā€ƒ6.5.1 Introduction and Market Overview
ā€ƒā€ƒ6.5.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.5.4 Enterprise: Grographic Segmentation
ā€ƒ6.6 Government
ā€ƒā€ƒ6.6.1 Introduction and Market Overview
ā€ƒā€ƒ6.6.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.6.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.6.4 Government: Grographic Segmentation
ā€ƒ6.7 Other
ā€ƒā€ƒ6.7.1 Introduction and Market Overview
ā€ƒā€ƒ6.7.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.7.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.7.4 Other: Grographic Segmentation

Chapter 7: Conference Speaker Market by Feature
ā€ƒ7.1 Conference Speaker Market Overview Snapshot and Growth Engine
ā€ƒ7.2 Conference Speaker Market Overview
ā€ƒ7.3 Mic {One
ā€ƒā€ƒ7.3.1 Introduction and Market Overview
ā€ƒā€ƒ7.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.3.4 Mic {One: Grographic Segmentation
ā€ƒ7.4 Two
ā€ƒā€ƒ7.4.1 Introduction and Market Overview
ā€ƒā€ƒ7.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.4.4 Two: Grographic Segmentation
ā€ƒ7.5 Multi}
ā€ƒā€ƒ7.5.1 Introduction and Market Overview
ā€ƒā€ƒ7.5.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.5.4 Multi}: Grographic Segmentation
ā€ƒ7.6 Smart {Bluetooth Connectivity
ā€ƒā€ƒ7.6.1 Introduction and Market Overview
ā€ƒā€ƒ7.6.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.6.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.6.4 Smart {Bluetooth Connectivity: Grographic Segmentation
ā€ƒ7.7 Wi-Fi Connectivity
ā€ƒā€ƒ7.7.1 Introduction and Market Overview
ā€ƒā€ƒ7.7.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.7.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.7.4 Wi-Fi Connectivity: Grographic Segmentation
ā€ƒ7.8 Virtual Assistance}
ā€ƒā€ƒ7.8.1 Introduction and Market Overview
ā€ƒā€ƒ7.8.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.8.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.8.4 Virtual Assistance}: Grographic Segmentation
ā€ƒ7.9 Portability
ā€ƒā€ƒ7.9.1 Introduction and Market Overview
ā€ƒā€ƒ7.9.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.9.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.9.4 Portability: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
ā€ƒ8.1 Competitive Landscape
ā€ƒā€ƒ8.1.1 Competitive Positioning
ā€ƒā€ƒ8.1.2 Conference Speaker Sales and Market Share By Players
ā€ƒā€ƒ8.1.3 Industry BCG Matrix
ā€ƒā€ƒ8.1.4 Ansoff Matrix
ā€ƒā€ƒ8.1.5 Conference Speaker Industry Concentration Ratio (CR5 and HHI)
ā€ƒā€ƒ8.1.6 Top 5 Conference Speaker Players Market Share
ā€ƒā€ƒ8.1.7 Mergers and Acquisitions
ā€ƒā€ƒ8.1.8 Business Strategies By Top Players
ā€ƒ8.2 LOGITECH
ā€ƒā€ƒ8.2.1 Company Overview
ā€ƒā€ƒ8.2.2 Key Executives
ā€ƒā€ƒ8.2.3 Company Snapshot
ā€ƒā€ƒ8.2.4 Operating Business Segments
ā€ƒā€ƒ8.2.5 Product Portfolio
ā€ƒā€ƒ8.2.6 Business Performance
ā€ƒā€ƒ8.2.7 Key Strategic Moves and Recent Developments
ā€ƒā€ƒ8.2.8 SWOT Analysis
ā€ƒ8.3 PHOENIX AUDIO TECHNOLOGIES
ā€ƒ8.4 GN NETCOM
ā€ƒ8.5 PLANTRONICS INC.
ā€ƒ8.6 BOSE CORPORATION
ā€ƒ8.7 YAMAHA CORPORATION
ā€ƒ8.8 CLEARONE INC.
ā€ƒ8.9 AHUJA RADIOS
ā€ƒ8.10 ARTIS
ā€ƒ8.11 I-BALL
ā€ƒ8.12 CODA AUDIO
ā€ƒ8.13 AUDIO-TECHNICA
ā€ƒ8.14 SHURE EUROPE
ā€ƒ8.15 SONY CORPORATION
ā€ƒ8.16 DOLBY LABORATORIES INC.
ā€ƒ8.17 BOSCH
ā€ƒ8.18 REVOLABS
ā€ƒ8.19 HARMAN INTERNATIONAL
ā€ƒ8.20 OTHER MAJOR PLAYERS

Chapter 9: Global Conference Speaker Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ9.1 Market Overview
ā€ƒ9.2 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ9.2.1 Speakerphone
ā€ƒā€ƒ9.2.2 Video Bar
ā€ƒ9.3 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ9.3.1 Group
ā€ƒā€ƒ9.3.2 Personal
ā€ƒā€ƒ9.3.3 Enterprise
ā€ƒā€ƒ9.3.4 Government
ā€ƒā€ƒ9.3.5 Other
ā€ƒ9.4 Historic and Forecasted Market Size By Feature
ā€ƒā€ƒ9.4.1 Mic {One
ā€ƒā€ƒ9.4.2 Two
ā€ƒā€ƒ9.4.3 Multi}
ā€ƒā€ƒ9.4.4 Smart {Bluetooth Connectivity
ā€ƒā€ƒ9.4.5 Wi-Fi Connectivity
ā€ƒā€ƒ9.4.6 Virtual Assistance}
ā€ƒā€ƒ9.4.7 Portability

Chapter 10: North America Conference Speaker Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ10.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.2 Impact of Covid-19
ā€ƒ10.3 Key Players
ā€ƒ10.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ10.4.1 Speakerphone
ā€ƒā€ƒ10.4.2 Video Bar
ā€ƒ10.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ10.5.1 Group
ā€ƒā€ƒ10.5.2 Personal
ā€ƒā€ƒ10.5.3 Enterprise
ā€ƒā€ƒ10.5.4 Government
ā€ƒā€ƒ10.5.5 Other
ā€ƒ10.6 Historic and Forecasted Market Size By Feature
ā€ƒā€ƒ10.6.1 Mic {One
ā€ƒā€ƒ10.6.2 Two
ā€ƒā€ƒ10.6.3 Multi}
ā€ƒā€ƒ10.6.4 Smart {Bluetooth Connectivity
ā€ƒā€ƒ10.6.5 Wi-Fi Connectivity
ā€ƒā€ƒ10.6.6 Virtual Assistance}
ā€ƒā€ƒ10.6.7 Portability
ā€ƒ10.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ10.7.1 U.S.
ā€ƒā€ƒ10.7.2 Canada
ā€ƒā€ƒ10.7.3 Mexico

Chapter 11: Europe Conference Speaker Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ11.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.2 Impact of Covid-19
ā€ƒ11.3 Key Players
ā€ƒ11.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ11.4.1 Speakerphone
ā€ƒā€ƒ11.4.2 Video Bar
ā€ƒ11.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ11.5.1 Group
ā€ƒā€ƒ11.5.2 Personal
ā€ƒā€ƒ11.5.3 Enterprise
ā€ƒā€ƒ11.5.4 Government
ā€ƒā€ƒ11.5.5 Other
ā€ƒ11.6 Historic and Forecasted Market Size By Feature
ā€ƒā€ƒ11.6.1 Mic {One
ā€ƒā€ƒ11.6.2 Two
ā€ƒā€ƒ11.6.3 Multi}
ā€ƒā€ƒ11.6.4 Smart {Bluetooth Connectivity
ā€ƒā€ƒ11.6.5 Wi-Fi Connectivity
ā€ƒā€ƒ11.6.6 Virtual Assistance}
ā€ƒā€ƒ11.6.7 Portability
ā€ƒ11.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ11.7.1 Germany
ā€ƒā€ƒ11.7.2 U.K.
ā€ƒā€ƒ11.7.3 France
ā€ƒā€ƒ11.7.4 Italy
ā€ƒā€ƒ11.7.5 Russia
ā€ƒā€ƒ11.7.6 Spain
ā€ƒā€ƒ11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Conference Speaker Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ12.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.2 Impact of Covid-19
ā€ƒ12.3 Key Players
ā€ƒ12.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ12.4.1 Speakerphone
ā€ƒā€ƒ12.4.2 Video Bar
ā€ƒ12.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ12.5.1 Group
ā€ƒā€ƒ12.5.2 Personal
ā€ƒā€ƒ12.5.3 Enterprise
ā€ƒā€ƒ12.5.4 Government
ā€ƒā€ƒ12.5.5 Other
ā€ƒ12.6 Historic and Forecasted Market Size By Feature
ā€ƒā€ƒ12.6.1 Mic {One
ā€ƒā€ƒ12.6.2 Two
ā€ƒā€ƒ12.6.3 Multi}
ā€ƒā€ƒ12.6.4 Smart {Bluetooth Connectivity
ā€ƒā€ƒ12.6.5 Wi-Fi Connectivity
ā€ƒā€ƒ12.6.6 Virtual Assistance}
ā€ƒā€ƒ12.6.7 Portability
ā€ƒ12.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ12.7.1 China
ā€ƒā€ƒ12.7.2 India
ā€ƒā€ƒ12.7.3 Japan
ā€ƒā€ƒ12.7.4 Singapore
ā€ƒā€ƒ12.7.5 Australia
ā€ƒā€ƒ12.7.6 New Zealand
ā€ƒā€ƒ12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Conference Speaker Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ13.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.2 Impact of Covid-19
ā€ƒ13.3 Key Players
ā€ƒ13.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ13.4.1 Speakerphone
ā€ƒā€ƒ13.4.2 Video Bar
ā€ƒ13.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ13.5.1 Group
ā€ƒā€ƒ13.5.2 Personal
ā€ƒā€ƒ13.5.3 Enterprise
ā€ƒā€ƒ13.5.4 Government
ā€ƒā€ƒ13.5.5 Other
ā€ƒ13.6 Historic and Forecasted Market Size By Feature
ā€ƒā€ƒ13.6.1 Mic {One
ā€ƒā€ƒ13.6.2 Two
ā€ƒā€ƒ13.6.3 Multi}
ā€ƒā€ƒ13.6.4 Smart {Bluetooth Connectivity
ā€ƒā€ƒ13.6.5 Wi-Fi Connectivity
ā€ƒā€ƒ13.6.6 Virtual Assistance}
ā€ƒā€ƒ13.6.7 Portability
ā€ƒ13.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ13.7.1 Turkey
ā€ƒā€ƒ13.7.2 Saudi Arabia
ā€ƒā€ƒ13.7.3 Iran
ā€ƒā€ƒ13.7.4 UAE
ā€ƒā€ƒ13.7.5 Africa
ā€ƒā€ƒ13.7.6 Rest of MEA

Chapter 14: South America Conference Speaker Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ14.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.2 Impact of Covid-19
ā€ƒ14.3 Key Players
ā€ƒ14.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ14.4.1 Speakerphone
ā€ƒā€ƒ14.4.2 Video Bar
ā€ƒ14.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ14.5.1 Group
ā€ƒā€ƒ14.5.2 Personal
ā€ƒā€ƒ14.5.3 Enterprise
ā€ƒā€ƒ14.5.4 Government
ā€ƒā€ƒ14.5.5 Other
ā€ƒ14.6 Historic and Forecasted Market Size By Feature
ā€ƒā€ƒ14.6.1 Mic {One
ā€ƒā€ƒ14.6.2 Two
ā€ƒā€ƒ14.6.3 Multi}
ā€ƒā€ƒ14.6.4 Smart {Bluetooth Connectivity
ā€ƒā€ƒ14.6.5 Wi-Fi Connectivity
ā€ƒā€ƒ14.6.6 Virtual Assistance}
ā€ƒā€ƒ14.6.7 Portability
ā€ƒ14.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ14.7.1 Brazil
ā€ƒā€ƒ14.7.2 Argentina
ā€ƒā€ƒ14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Conference Speaker Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 3.32 Bn.

Forecast Period 2024-32 CAGR:

14.2%

Market Size in 2032:

USD 10.31 Bn.

Segments Covered:

By Type

  • Speakerphone
  • Video Bar

By Application

  • Group
  • Personal

By Feature

  • Mic {One, Two, And Multi}
  • Smart {Bluetooth Connectivity, Wi-Fi Connectivity, Virtual Assistance}
  • Portability

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Rapid Expansion of Business Around the World

Key Market Restraints:

  • Low Audio Quality Output With the Additional Connections

Key Opportunities:

  • New Product Launch by Major Market Players at an Affordable Price Range

Companies Covered in the report:

  • Logitech (Switzerland), Phoenix Audio Technologies (US), GN Netcom (JABRA)(Denmark), Plantronics Inc. (US), Bose Corporation US), and Other Major Players
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Frequently Asked Questions :

What would be the forecast period in the Conference Speaker Market research report?

The forecast period in the Conference Speaker Market research report is 2024-2030.

Who are the key players in Conference Speaker Market?

Logitech (Switzerland), Phoenix Audio Technologies (US), GN Netcom (JABRA)(Denmark), Plantronics Inc. (US), Bose Corporation US), Yamaha Corporation (Japan), ClearOne Inc. (US),AHUJA RADIOS (India), Artis (US), I-ball (India), CODA AUDIO (US), Audio-Technica (India), Shure Europe (US), Sony Corporation (Japan), Dolby Laboratories Inc. (US), Bosch (Germany), Revolabs (US), HARMAN International (US), and Other Major Players.

What are the segments of Conference Speaker Market?

Conference Speaker Market is segmented into Type, Application, Feature and region. By Type, the market is categorized into Speakerphone, Video Bar. By Application, the market is categorized into Group, Personal, Enterprise, Government, Other. By Feature, the market is categorized into Mic {One, Two, Multi}, Smart {Bluetooth Connectivity, Wi-Fi Connectivity, Virtual Assistance}, Portability. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Conference Speaker Market?

Speakers are transducers that reconstruct sound waves from electromagnetic waves. Conferencing especially video conferencing is taking the globe by storm. Moreover, to make video conferencing more efficient individuals, as well as companies, are incorporating the use of conference speakers thus supporting the growth of the conference speaker market in the period of forecast.

How big is Conference Speaker Market?

Conference Speaker Market Size Was Valued at USD 3.12 Billion in 2023 and is Projected to Reach USD 10.31 Billion by 2032, Growing at 14.2% From 2024-2032.