Astute Analytica’s recently published report on the Global Smart Speaker Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
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The Smart Speaker Market was valued at USD 8.90 billion in 2022 and is projected to reach USD 31.12 billion by 2031, showing a compound annual growth rate of 18.2% over the forecast period from 2023 to 2031. The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market.
The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
- Amazon
- Harman International
- Apple Inc
- Alibaba Group
- Alphabet Inc
- Altec Lansing
- Baidu
- Bose Corporation
- Lenovo Group Ltd
- LG Electronics
- Onkyo Corporation
- Panasonic Corporation
- Sony Corporation
- Samsung Electronics
- SK Telecom Co., Ltd.
- Sonos, Xiaomi Inc
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
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The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
Segmentation Overview
The Global Smart Speaker Market is segmented on the basis of components, Intelligent Virtual Assistants (IVA), and applications. These major market segments are further fragmented into numerous sub-segments to study the market in detail.
By Component:
- Hardware
- Microphone
- Power IC
- Memory
- Audio IC
- Processor
- Connectivity IC
- Speaker Driver
- Software
By Intelligent Virtual Assistant (IVA):
- Alexa
- Google Assistant
- SIRI
- DUEROS
- XIAO AI
- Others
By Application:
- Consumer
- Smart Office
- Smart Home
- Cloud services
- Others
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