Press release
Global Smart Speaker Market, Size, Share, Analysis Report & Forecast to 2026
The global smart speaker market is anticipated to grow at a CAGR of 20.2% during the forecast period. The major factors that are driving the growth of the market include the increasing trend of wireless connectivity and devices, growing demand for smart speaker display, increasing number of smart homes, and rising IoT demand. Various companies such as Google, Amazon, Apple, and Baidu have introduced a wide range of products, which provides different choices to the end-user. The number of smart electronic devices by the major players is keeping users connected to the internet and the network of connected devices in addition to smartphones. The features of these devices include social networking applications, gaming, weather information, e-book readers, music players, digital camera, and GPS navigation.Free Sample Copy @ https://www.omrglobal.com/request-sample/smart-speaker-market
The global smart speaker market is segmented based on product, technology, and end-user. Based on the type, the market is segmented into single room speakers and multi-room speakers. The multi-room speaker segment is expected to show a significant growth rate due to the increasing commercial use of smart speakers. Based on the technology, the market is segmented into Bluetooth, wi-fi, and other segments. Further, the other segment is classified into DLNA, airplay, and near field communication (NFC). Among the technology segment, Wi-Fi is expected to show the highest growth rate owing to the increasing use of the internet, the introduction of 4G & LTE technology in various regions, and increasing internet-based music applications. Based on the application, the market is segmented into commercial, residential, and other sectors.
A Full Report of Global Smart Speaker Market is Available at:
https://www.omrglobal.com/industry-reports/smart-speaker-market
The global smart speaker market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America region is growing significantly in the global smart speaker market during the forecast period. The factors that are driving the growth in the region include huge investment by private companies, the presence of major market players such as Apple, Amazon, Microsoft, and high adoption of the smart speaker in the region. Europe is also expected to show a significant growth rate.
Global Smart Speaker Market – Segmentation
by Product
Single Room Speakers
Multi-Room Speakers
by Technology
Bluetooth
Wi-Fi
Others (DLNA, Airplay, Nera Field Communication (NFC))
by Application
Commercial
Residential
Others (Automotive)
Global Smart Speaker Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Alibaba Group Holding Ltd.
Altec Lansing/AL Infinity, LLC
Amazon.Com, Inc.
Anker Technology (UK) Ltd,
Apple Inc.
Avalon Acoustics
Baidu, Inc.
Bose Corp.
Creative Technology Ltd.
Edifier International Ltd.
Google Inc.,
Harman International Industries, Inc. (JBL)
Koninklijke Philips N.V.
LG ElectronicsInc.
Logitech, Inc.
Matsushita Electric Industrial Co., Ltd. (Panasonic)
Qualcomm Technologies, Inc.
Samsung Electronics Co., Ltd.
Sonos Inc.
Sony Corp.
Terratec Electronic GmbH
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-speaker-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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