openPR Logo
Press release

Smart Speaker Market 2030: Business Recovery Ideas and Experts Suggestions After COVID-19 Pandemic From Amazon.com, Inc., Apple, Inc., Alibaba Group, Alphabet Inc. (Google Inc.), Sonos, Inc., Bose Corporation, Xiaomi, Samsung Electronics Co. Ltd., Baidu I

05-08-2020 11:37 AM CET | Media & Telecommunications

Press release from: Allied Market Research

Smart Speaker Market 2030: Business Recovery Ideas and Experts

The proliferation of smart home devices, rising disposable income, and greater inclination toward technological products among millennials have boosted the growth of the global smart speaker market. However, privacy & security concern and localization of languages hamper the market growth. On the contrary, the establishment of natural language processing (NLP) is expected to create lucrative opportunities in the near future.

According to the report, the global smart speaker market was pegged at $4.36 billion in 2017 and is estimated to $23.32 billion by 2025, registering a CAGR of 23.4% from 2018 to 2025.

The global smart speaker market is divided on the basis of an intelligent virtual assistant, end user, distribution channel, price, and region. Based on an intelligent virtual assistant, the market is segmented in Amazon Alexa, Google Assistant, Siri, Cortana, and others. The Amazon Alexa segment dominated the market in 2017, accounting for nearly three-fifths of the total market. However, the Siri segment is estimated to manifest the fastest CAGR of 27.9% during the forecast period.

Download Report Sample (Tables, Figures with Insights): https://www.alliedmarketresearch.com/request-sample/5017

Key Benefits of Research:
The report provides a qualitative and quantitative analysis of the current Smart Speaker Market trends, forecasts, and market size from 2020 to 2030 to determine the prevailing opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market report also provides an understanding of the current position of the market players active in the industry.

On the basis of the end user, the market is bifurcated into personal and commercial. The personal segment held the largest share in 2017, contributing more than four-fifths of the total market. However, the commercial segment is estimated to portray the fastest CAGR of 24.7% through 2025.

Based on the distribution channel, the market is categorized into online and offline. The online segment held the largest share in 2017, garnering more than four-fifths of the market and is expected to register the fastest CAGR of 23.6% from 2018 to 2025.

Get detailed COVID-19 impact analysis on Smart Speaker Market: https://www.alliedmarketresearch.com/request-for-customization/5017?reqfor=covid

On the basis of price, the market is divided into low, mid, and premium. The low segment held the lion's share in 2017. However, the premium segment is estimated to register the fastest CAGR of 24.6% during the forecast period.

The market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the North America region held the largest share, contributing more than one-third of the market. However, the market across the Asia-Pacific region is estimated to register the fastest CAGR of 24.9% during the study period.

The global smart speaker market report provides analysis of the major market players such as Apple, Inc., Amazon.com, Inc., Alphabet Inc. (Google Inc.), Alibaba Group, Bose Corporation, Sonos, Inc., Samsung Electronics Co. Ltd., Xiaomi, Baidu Inc., and Plantronics, Inc. (Altec Lansing/AL Infinity, LLC).

Interested to Procure the Data? Enquire Here: https://www.alliedmarketresearch.com/purchase-enquiry/5017

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Speaker Market 2030: Business Recovery Ideas and Experts Suggestions After COVID-19 Pandemic From Amazon.com, Inc., Apple, Inc., Alibaba Group, Alphabet Inc. (Google Inc.), Sonos, Inc., Bose Corporation, Xiaomi, Samsung Electronics Co. Ltd., Baidu I here

News-ID: 2038940 • Views: 408

More Releases from Allied Market Research

Crystal Oscillator Market 2020–2027: Latest Trends, Market Share, Growth Oppor …
Allied Market Research published a new report, titled, "Crystal Oscillator Market By Technology (AT Cut, BT Cut, and SC Cut), Type (Voltage-Controlled Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), Mounting Scheme (Surface Mount and Thru-Hole), and Industry Vertical (Electronics, IT & Telecommunication, Military & Defense, Automotive & Transport, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global crystal
Machine Learning Chip Market 2020-2027: Market Share, Current Trends, Top Impact …
Allied Market Research published a new report, titled, "Machine Learning Chip Market By Chip Type (GPU, ASIC, FPGA, CPU, and Others), Technology (System-on-chip, System-in-package, Multi-chip module, and Others), and Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global machine learning chip market covering a number of important
At 14.4% CAGR, Europe Travel Insurance Market Anticipated to Reach $10.39 Billio …
Allied Market Research published a new report, titled, "Europe Travel Insurance Market By Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Regional Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global Europe travel insurance market
E-passport Market 2020-2027: Latest Trends, Growth Opportunities, Top Impacting …
Allied Market Research published a new report, titled, "E-passport Market By Technology (Radio Frequency Identification (RFID) and Biometrics) and Application (Leisure Travel and Business Travel) - Global Opportunity Analysis and Industry Forecast, 2020-2027”. The report provides a detailed study of the global e-passport market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent trends, changing dynamics, and vibrant forces of the industry from 2019

All 5 Releases


More Releases for CAGR

Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020