Press release
Ring Main Unit Market 2019 Size, Growth Analysis Report, Forecast to 2025
The smart speaker market size is expected to grow by 17% per annum, from $7.1 billion in 2020 to $15.6 billion in 2025. The growth of the market can be attributed to the growing demand for smart speaker displays, the increase in smart homes, the increase in disposable income and the rapid proliferation of multifunctional devices. Increasing focus of enterprises on increasing customer experience and consumer preferences for products that are technologically advanced compared to existing products is expected to provide opportunities for players in the smart speaker ecosystem.A full report of Smart Speaker Market is available at: https://www.orionmarketreports.com/smart-speaker-market/26260/
Google Assistant occupies the largest share of the smart speaker market during the forecast period
Google Assistant is supported by data generated by web search engines. It provides context-sensitive information and generally provides longer and informative answers. In addition, the Google Assistant works with Google's online services and quotes the source website while providing information.
Software segment expected to grow at the highest CAGR over the forecast period
Various IVA platforms such as Alexa from Amazon, Google Assistant from Google, and Siri from Apple support smart speakers. Other IVAs such as XiaoAI, DuerOS, Bixby and AliGenie are also starting to gain traction as the demand for voice-enabled platforms for smart devices increases.
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.
Smart Speaker Market: Segmentation
Market, By Intelligent Virtual Assistant
• Alexa
• Google Assistant
• Siri
• Cortana
• Others
Market, By Application
• Personal
• Professional
• Commercial
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Speaker Market Report
• What was the Smart Speaker Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Smart Speaker Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Smart Speaker Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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