Global Smart Speaker and Screen Vendor & OS Value Market Share by Region: Q1 2023
Global smart speaker and smart display wholesale revenues fell by 3% year-on-year in Q1 2023 to reach just over $2 billion. This compares to a 7% drop in shipment volumes as the average wholesale price climbed by 4% to reach $61. The rise in average selling price is largely a result of new premium product introductions in the quarter (Apple HomePod 2 and Sonos Era 300) and the retirement of mid-range models such as Bose's Smart Speaker 300. TechInsights forecasts a return to market growth for calendar year 2023 as global economies start to show signs of recovery while supply chain market dynamics will shift back in favor of low margin, low cost hardware production which we expect will lead to more product portfolio refreshes through the year. This report is updated quarterly and provides regional smart speaker and smart display wholesale market revenues and ASP metrics by region for 29 smart speaker OEMs and 15 voice operating systems from Q4 2014 through Q1 2023, with a forecast by quarter through Q1 2024. Regions covered include North America, Western Europe, Asia Pacific, Central & Latin America, Central & Eastern Europe and Africa & Middle East.
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