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Latest News: Smart Speaker Market | Sony, Xiaomi Technolog, Alibaba Group, Amazon, Apple, Avnera, Fabriq, Google, Lenovo, LG Electronics, Libratone, Sonos, Xiaomi Technology, Panasonic, Pioneer Electronics, Altec Lansing, Bose Corporation, JBL Professiona
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The recent trends of IoT and artificial intelligence have had a commendable impact on the development of smart speaker market. The robust proliferation of the internet has further aided smart speaker market growth in the last few years. Apart from the rising penetration of consumer electronics and high demand for wireless connectivity, technological interventions have also allowed manufacturers to introduce products that are not confined only to playing music, but have extended their applications to problem-solving, setting reminders, streaming of news and music with a single voice command. Integration of virtual assistant software has further played a pivotal role in reshaping the business model of prominent contenders. Google Home, for instance, powered by Google is profoundly considered one such technological breakthrough.
Latest Updated in Smart Speaker Market Top Key Companies are -
1. Alibaba Group
2. Amazon
3. Apple
4. Baidu, Inc.
5. Google
6. HARMAN International
7. Lenovo
8. LG Electronics
9. Panasonic
10. Pioneer Electronics
11. SK Telecom
12. Sonos, Inc.
13. Sony
14. Xiaomi Technology
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The smart speaker market size, by the end of the next few years is forecast to outpace all records by collecting a revenue of USD 30 billion. Primarily dominated by intelligent virtual assistants such as Siri, Google Assistant, Cortana, Alexa, and many others, this business space stands to gain appreciable proceeds through the efforts of established contenders and new entrants striving to bring innovative products to the fore. Google for instance, recently made it to the headlines for having announced its supposed launch of homegrown smart display later this year. The Google Home family, comprising the standard Home, the premium Home Max, and the affordable Home Mini, would indeed provide stiff competition to Amazon's Echo Show with this introduction.
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You can edit or delete your press release Latest News: Smart Speaker Market | Sony, Xiaomi Technolog, Alibaba Group, Amazon, Apple, Avnera, Fabriq, Google, Lenovo, LG Electronics, Libratone, Sonos, Xiaomi Technology, Panasonic, Pioneer Electronics, Altec Lansing, Bose Corporation, JBL Professiona here
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