Product Code: ETC012649 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines smart speaker market is expected to grow at a CAGR of 16.9% during the forecast period 2025-2031. The increasing demand for advanced technologies and connected devices in the country has been driving the growth of the Philippines smart speaker market, leading to rising sales figures. Additionally, developments such as AI integration with voice-enabled speakers are also helping in boosting the adoption rate among consumers. Moreover, significant investments by major players coupled with favorable government initiatives will further contribute to the expansion of this industry over the coming years
In recent years, there has been an increased focus on adopting advanced technologies across various industries in the Philippines due to improved efficiency levels and cost advantages associated with them. This growing trend is significantly contributing towards higher adoption rates of connected devices like home automation systems and mobile apps which can be operated using virtual assistants embedded within these products such as Alexa or Google Assistant found on smart speakers. This phenomenon is likely to help boost demand for these products in turn aiding market growth over time. Additionally, prominent manufacturers have been investing heavily into research & development activities related to artificial intelligence (AI) technology along with voice recognition software incorporated within their products that are used as virtual assistants inside their respective speakers, thereby allowing users more convenience features while using them such as uninterrupted music streaming or giving weather updates etc., Thus helping motivate potential customers from making purchases from retailers both online and offline leading to heightened revenue generation figures going forward.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Smart Speaker Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Smart Speaker Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Smart Speaker Market - Industry Life Cycle |
3.4 Philippines Smart Speaker Market - Porter's Five Forces |
3.5 Philippines Smart Speaker Market Revenues & Volume Share, By Intelligent Virtual Assistant, 2021 & 2031F |
3.6 Philippines Smart Speaker Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Philippines Smart Speaker Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.8 Philippines Smart Speaker Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Smart Speaker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Smart Speaker Market Trends |
6 Philippines Smart Speaker Market, By Types |
6.1 Philippines Smart Speaker Market, By Intelligent Virtual Assistant |
6.1.1 Overview and Analysis |
6.1.2 Philippines Smart Speaker Market Revenues & Volume, By Intelligent Virtual Assistant, 2021-2031F |
6.1.3 Philippines Smart Speaker Market Revenues & Volume, By Amazon Alexa, 2021-2031F |
6.1.4 Philippines Smart Speaker Market Revenues & Volume, By Google Assistant, 2021-2031F |
6.1.5 Philippines Smart Speaker Market Revenues & Volume, By Siri, 2021-2031F |
6.1.6 Philippines Smart Speaker Market Revenues & Volume, By Cortana, 2021-2031F |
6.1.7 Philippines Smart Speaker Market Revenues & Volume, By Others , 2021-2031F |
6.2 Philippines Smart Speaker Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Smart Speaker Market Revenues & Volume, By Personal, 2021-2031F |
6.2.3 Philippines Smart Speaker Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Philippines Smart Speaker Market, By Price |
6.3.1 Overview and Analysis |
6.3.2 Philippines Smart Speaker Market Revenues & Volume, By Low (Less than 100), 2021-2031F |
6.3.3 Philippines Smart Speaker Market Revenues & Volume, By Mid ($101 to $200), 2021-2031F |
6.3.4 Philippines Smart Speaker Market Revenues & Volume, By Premium (Above $200), 2021-2031F |
6.4 Philippines Smart Speaker Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Smart Speaker Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Philippines Smart Speaker Market Revenues & Volume, By Offline, 2021-2031F |
7 Philippines Smart Speaker Market Import-Export Trade Statistics |
7.1 Philippines Smart Speaker Market Export to Major Countries |
7.2 Philippines Smart Speaker Market Imports from Major Countries |
8 Philippines Smart Speaker Market Key Performance Indicators |
9 Philippines Smart Speaker Market - Opportunity Assessment |
9.1 Philippines Smart Speaker Market Opportunity Assessment, By Intelligent Virtual Assistant, 2021 & 2031F |
9.2 Philippines Smart Speaker Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Philippines Smart Speaker Market Opportunity Assessment, By Price, 2021 & 2031F |
9.4 Philippines Smart Speaker Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Smart Speaker Market - Competitive Landscape |
10.1 Philippines Smart Speaker Market Revenue Share, By Companies, 2024 |
10.2 Philippines Smart Speaker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |