Insight - Q4 2024 Smart Speaker Results

Get the latest smart speaker market trends. TechInsights' Q4 2024 update shows a 4% YoY decline, driven by economic challenges and market saturation.

As per TechInsights latest Q4 2024 update, global smart speaker and display shipments reached 148M units in 2024, a year-over-year (YoY) drop of 4%. The decline in the smart speaker and displays market is attributed to several factors, including the global economic slowdown and inflation, which have impacted consumer spending. Market saturation in developed regions like the US and China as well as parts of Western Europe has also led to reduced demand.

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