Press release
Smart Speaker Market Size 2018: Comprehensive Study Discovers Huge Growth And Know The Approaches Accepted By Players To Stay Ahead In Competition - Dominated By Amazon, Apple, Alphabet Inc.,Lenovo, Sony, Sonos, Inc., Alibaba.com, Bose Corporation
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 % during the forecast period of 2018 to 2025.
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Top Key Players:
• Amazon
• Apple
• Alphabet Inc
• Lenovo
• Sony
• Sonos, Inc.
• Pioneer Electronics
• Alibaba.com
• Bose Corporation
• Panasonic
• Xiaomi Technology
Table of Contents:
1 Introduction
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Smart Speaker Market
8 Smart Speaker Market, By Service
9 Smart Speaker Market, By Deployment Type
10 Smart Speaker Market, By Organization Size
11 Smart Speaker Market Analyses, By Vertical
12 Geographic Analyses
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
13 Competitive Landscapes
14 Detailed Company Profiles
15 Related Reports
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Competitive Analysis: Global Smart Speaker Market
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.
Global Smart Speaker Market, By Intelligent Virtual Assistant (Alexa, Google Assistant, Siri, Cortana), By Component (Hardware (Speaker Driver, Connectivity IC, Processor, Audio IC, Memory, Power IC, Microphone) and Software), By Application (Smart Home, Consumer, Smart Office), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Complete report on Global Smart Speaker Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Smart Speaker Market
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.
For instances, in 2018, Google Home and Home Mini has launched smart speakers in India whichsupports 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.
Major Market Drivers:
• Growing number of smart homes
• Rising disposable income
• Rapid proliferation of multifunctional devices
• Growing trend of personalization
• Issues related to connectivity range, compatibility, and power.
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Customize report of "Global Smart Speaker Market" as per customers requirement also available.
Market Segmentations:
Global Smart Speaker Market is segmented on the basis of
• Intelligent Virtual Assistant
• Component
• Application
• Geography
Market Segmentations in Details:
By Intelligent Virtual Assistant
• Alexa
• Google Assistant
• Siri
• Cortana
By Component
• Hardware
• Software
By Application
• Smart Home
• Consumer
• Smart Office
By Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
What Reports Provides.
• Full in-depth analysis of the parent Smart Speaker market
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Important changes in Smart Speaker Industry dynamics
• Market share analysis
• Key strategies of major players In
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the Smart Speaker market.
Customization of the Report:
This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Email: sopan.gedam@databridgemarketresearch.com
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