Smart Speaker Market Growing Popularity and Emerging Trends | Apple, Alphabet, Bose, Sony,JBL

Jan, 08 2020 | Media & Entertainment
Smart Speaker Market Growing Popularity and Emerging Trends | Apple, Alphabet, Bose, Sony,JBL

 

Smart speakers are the modern way of controlling the music. They also act as personal assistant for the controlling of smart devices. Smart speaker are involved in many functions such as reciting calendar events, remembering the to-do list and are also used for controlling smart home devices. The smart speaker functions for various online services such as Amazon, Google and many more. They are used for controlling online orders and also for specific smart devices.

Smart speaker is a wireless speaker enabled by Bluetooth, Wi-Fi, or other wireless protocols and powered by virtual assistant, which is driven by artificial intelligence.  By using   latest technology smart speaker, is activated by a voice command to perform different tasks such as listening to music, ordering food, and online shopping. Along with that, it also performs other activities, such as obtaining weather information, latest news, listing day to day activities, and integrating with the smart home appliances. And because of these multiple features smart speaker market takes over the other substitute technological products and services.

With advance, smart speaker has automated speech recognition technology, and natural language processing (NLP) that helps the smart speaker to identify and process the voice command of the user with utmost precision.

With the added features like, Amazon Echo powered by virtual assistant known as Alexa and Google provides Google Home powered by virtual Google assistant; these products lead the smart speaker market in terms of value and volume.

Scope of the Report:

The worldwide market for Smart Speakers is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to study.

This report focuses on the Smart Speakers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers Apple, Sony Corporation,JBL, Sonos, Bose, Riva Concert, Samsung Electronics,  Bluesound,  Alphabet (Google), Panasonic Corporation, Polk Audio

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type covers Programmable, Not Programmable

Market Segment by Applications, can be divided into

Commercial

Household

 

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