Smart Speaker Market

Electronics, Semiconductors, and ICT
January 2018
Report Id : REP-AS-661
Status : Ongoing
Category : Electronics,
Semiconductors, and ICT
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Smart Speaker Market
Smart Speaker Market: Global Industry Analysis 2012 – 2016 and
Opportunity Assessment; 2017 – 2027
Smart Speakers are a wireless device that provides a different kind of connectivity’s
to add more function than existing speakers. These additional features are provided
for ease of use for customers and to connect. The smart speakers offer features like
voice assistant, make the to-do list, set alarms, and provide real time information
and much more. A wide range of products are included in smart speakers like boom
boxes, LED smart speakers etcetera.
The most trending smart speakers are the ones integrated with Google Home and
Amazon Echo which can automate digital tasks along with playing high-quality
sound. The smart speakers can work equivalently to the smartphones. Siri and
Cortana are also now included in smart speakers.
A sample of this report is available upon request @
https://www.futuremarketinsights.com/reports/sample/rep-gb-5023
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Smart Speaker Market
Smart Speaker: Drivers and Restraints
The factors driving the market of smart speakers are the advancement in audio
technology, growing number of smart homes, Growth in wireless technology and
rising penetration of smartphones and smart devices and product innovation with
the integration of new technologies and services.
The factors impeding the growth of smart speakers are the threat to privacy, an
explosion in the system, compatibility issues with all smartphones and other devices
and lack of standardization.
5
Smart Speaker Market
Smart Speaker: Competitive Landscape
The key players of the smart speaker market are Amazon.com, Inc., Google Inc.,
Apple Inc., Harman International Industries, Panasonic Corporation, Sonos Inc., Sony
Corporation, LG Electronics Inc., Logitech International S.A. and Samsung Electronics.
Regional Overview
North America is expected to the largest market of smart speakers. The majority of
smart speaker vendors such as Google Inc., Apple Inc. are based in North America
region itself, and they are also investing in the field of smart speakers in the local
market. Several other companies like Panasonic Corporation and Samsung
Electronics are also expanding their offering in Asia Pacific region thus the smart
speaker market in this region is also elevating.
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Smart Speakers are a wireless device that provides a different kind of connectivity’s to add more function than existing speakers. These additional features are provided for ease of use for customers and to connect.