The Smart Speaker market report is a scrupulous investigation of current scenario of the global market, which covers several market dynamics. The report also identifies and analyses the up-and-coming trends along with major drivers, challenges and opportunities in the ICT industry. Smart Speaker market research report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The data and information regarding the Smart Speaker industry are taken from trustworthy sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. It involves major manufacturers, suppliers, distributors, traders, customers, investors and major types, major applications.
This Smart Speaker market report provides explanation about the detailed market analysis with inputs from industry experts. The market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are kept at the centre while building this global Smart Speaker market report. The research studies involved in this Smart Speaker report helps to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. This global Smart Speaker market research analysis highlights a vast market place.
Leading Players of Global Smart Speaker Market are Amazon, Apple, Sonos, Inc., Alphabet Inc., Bose Corporation, Sony, Panasonic, Alibaba Group, Lenovo, Xiaomi Technology, HARMAN International, Panasonic USA, Pioneer Electronics, SK Telecom, Onkyo Corporation, Panasonic UK, Altec Lansing, Xiaomi USA, Anker Innovations LTD, Avnera, Baidu, Inc., Baidu USA, JD.COM, Deutsche Telekom, Orange, Telefónica, Tencent, Samsung Electronics, Jam Wireless Audio, Kakao Corp, Kondor Ltd, KT, Ultimate Ears
The Global Smart Speaker Market is expected to reach USD 12.8 billion by 2025, from USD 2.1 billion in 2017 growing at a CAGR of 36.9 % by the end of 2025.
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For instances, in 2018, Google Home and Home Mini has launched smart speakers in India which supports Google Play Music, YouTube, Netflix, Saavn and Gaana. It has dual band WiFi (2.4GHz/5GHz), Bluetooth (only on Home Mini), far field microphones and supports both Android and iOS devices. Furthermore, in 2018, Yandex launched $160 smart speakers for digital assistant ‘Alice’. It operates on mobile and desktop search, as well as on in-car navigation app. It used for music streaming, discounts on taxi rides and ad-free web TV.
The global smart speaker market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart speaker market for global, Europe, North America, Asia pacific and South America.
Smart speaker is defined as a smart audio playback and wireless device. It follows Bluetooth, Wi-Fi and other wireless protocol standards. Smart speaker controls home automation devices and control of common household tasks such as lighting, security monitoring, door lock, environmental control (thermostat), window shades, and more. It has various characteristics which include home assistance, voice control, music streaming music playback, compact size and many more. The benefits of using smart speakers are its good sound quality, flexible music listening, interaction with other devices and convenience to the user. It is mostly used in smart home, smart office and others. Example of smart speaker is Zettaly’s Avy is a bluetooth speaker with full Android capability.
Table of Contents: Global Smart Speaker Market
Scope/opportunities of the Report
Porter’s Five Forces Analysis
Business Decision Framework
Drivers And Challenges
Market Key Trends
Players Analysis……Continue… Get Full TOC for More Detailed Study
Market Segmentation: Global Smart Speaker Market
The global smart speaker market is segmented into Intelligent Virtual Assistant, Component, application, end user and by geography.
Based on intelligent virtual assistant, the market is segmented into Alexa, Google Assistant, Siri and Cortana.
Based on component, the market is segmented into hardware and software. hardware is further segmented into speaker driver, connectivity IC, processor, audio IC, memory, power IC and microphone.
On the basis of application, the market is classified into smart home, consumer and smart office.
Based on geography, the market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-pacific and, middle east & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, turkey, Russia, china, India, south Korea, japan, Australia, Singapore, Saudi Arabia, south Africa and, brazil among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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