A speaker module includes a first cavity body, a second cavity body disposed adjacent to the first cavity body and a vibration module disposed in the first cavity body and including a first diaphragm and a second diaphragm which are horizontally spaced apart. The first cavity body includes a first sub-cavity and a second sub-cavity which are respectively located on two opposite sides of the vibration module, and the second sub-cavity is communicated with the second cavity body.