|01-07-2019 02:39 PM CET - IT, New Media & Software||
Smart Speaker Market 2019: Analysed by Business Growth, Development Factors and Future Prospects By Dominated Players Amazon, Apple, Alphabet Inc.,Lenovo, Sony, Sonos, Inc., Pioneer Electronics, Alibaba.com, Bose Corporation, Panasonic, Xiaomi Technology
Press release from: Data Bridge Market Research
Smart Speaker Market report provides an outlook for current market value as well as the expected growth of Smart Speaker during 2019-2025. The whole supply chain of Smart Speaker has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Smart Speaker, together with the recent developments have been given here to provide an exhaustive picture of this market.
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.com Inc.
• Apple Inc.
• Sonos. Inc.
• Bose Corporation.
• Altec Lansing/AL Infinity, LLC.
• SK TELECOM CO., LTD.
• among others.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: PIPELINE ANALYSIS
• Pipeline analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing
• Market size and forecast
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 08: MARKET SEGMENTATION
• Market opportunity
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• North America
• South America
• Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
• Landscape disruption
PART 15: VENDOR ANALYSIS
• Vendors covered
• Vendor classification
• Market positioning of vendors
PART 16: APPENDIX
• List of abbreviations
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
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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.
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global Smart Speaker market
• Analyze and forecast the Smart Speaker market on the basis of applications and reactor type
• Trends of key regional and country-level markets for applications and reactor type
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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Global Smart Speaker Market is segmented on the basis of
• Intelligent Virtual Assistant
Market Segmentations in Details:
By Intelligent Virtual Assistant
• Google Assistant
• Smart Home
• Smart Office
• North America
• South America
• Middle East & Africa
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.
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