The Business Research Company’s Smart Speakers Global Market Report 2021: COVID-19 Growth And Change To 2030
LONDON, GREATER LONDON , UK, March 22, 2021 /EINPresswire.com/ — According to the new market research report ‘Smart Global Market Report 2021: COVID-19 Growth And Change To 2030’ published by The Business Research Company, the smart speakers market is expected to $17.85 billion in 2025 at a CAGR of 26%. With increasing consumer preference for technologically advanced products there is a rise in penetration of smartphones and smart devices.
Request For A Sample For The Global Smart Speakers Market Report:
The smart speakers market consists of sales of smart speakers and related products that include Bluetooth, Wi-Fi-enabled and wireless devices which are integrated with virtual assistant device powered by artificial intelligence. The smart speakers market consists of revenue generated through the sales of speakers with virtual assistant intelligence such as Alexa, Google Assistant, Siri, and Cortana, among others which are distributed through online or offline channels to personal and commercial users for smart home, smart office, automotive, commercial and more applications. The companies involved in the smart speaker market are engaged in designing, manufacturing, producing artificial intelligence assisted speakers which are activated with one ‘hot word’ using voice recognition systems to perform wide range of wireless activities.
Trends In The Global Smart Speakers Market
Virtual assistant devices are powered by artificial intelligence which offer ultimate luxury to the owner. They keep on listening to the command, analyze the needs and performs the task when necessary. The Amazon Echo with smart assistant Alexa can be activated with voice command of one hot word “Alexa”. Siri, the Apple voice assistant provides hands-free activation with deep integration technology and high-quality virtual surround sound and exhibits features like setting timer, managing calendar events and more.
Global Smart Speakers Market Segments:
The global smart speakers market is further segmented based on intelligent virtual assistant, application, end user, distribution channel and geography.
By Intelligent Virtual Assistant: Amazon Alexa, Google Assistant, Siri, Cortana, Others.
By Application: Smart Home, Smart Office, Consumer, Others.
By End User: Personal, Commercial.
By Distribution Channel: Online, Offline.
By Geography: The global smart speaker market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Smart Speakers Market At:
Smart Speakers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides smart speakers market overviews, analyzes and forecasts market size and growth for the global smart speakers market, smart speakers market share, smart speakers market players, smart speakers market segments and geographies, smart speakers market’s leading competitors’ revenues, profiles and market shares. The smart speakers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Smart Speakers Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Smart Speakers Market Organizations Covered: Amazon, Inc., Apple, Inc., Xiaomi, Alibaba Group Holding Limited, Sonos. Inc., Harman International.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Smart Speakers Global Market Report 2021:
Wireless Speakers Global Market Report 2020-30: COVID-19 Growth And Change
Speaker Drivers Global Market Report 2021: COVID-19 Growth And Change
Audio Equipment Global Market Report 2021: COVID 19 Impact And Recovery To 2030