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Global Voice Assistant Speaker Market - Strategic Assessment and Forecast 2017-2022NEW YORK, June 20, 2017 /PRNewswire/ -- Global smart voice assistant speaker market is likely to grow at a CAGR of 43.68% in terms of shipment during 2016–2022 Smart Voice Assistant Speaker Market – Trends, Drivers, and Restraints Increasing popularity of voice-first technology, rising investment on IoT by vendors, and growing push for digital economy in developing economies are a few emerging trends described in the report. Further, the report includes a detailed study of emerging trends, factors driving the growth, and expected challenges of the market during the period 2017–2022. Similarly, increased instances of voice searches, penetration of broadband and internet connections, and increased adoption of smart homes are among the major factors that are expected to drive the growth of the global voice assistant speaker market. The report also includes Porter's Five Forces analysis and its impact on the market. Smart Voice Assistant Speaker Market – Geographical Analysis The report includes the market analysis of different regions such as North America, Latin America, APAC, MEA, and Europe. It outlines the major market shareholders and the market size analysis of all regions. North America was the largest market for global smart voice assistant speaker, in 2016, both in terms of unit shipment and value. It is expected to remain the market leader in 2022. The US was the only market in North America where these devices were launched officially in May 2017. However, Google Home is set to release in the Canadian market in the second half of 2017. Europe can be termed as the second largest market after North America. Europe was led by Germany and the UK where Amazon launched Echo in September 2016. Connected devices are witnessing a high popularity in the European market, and smart voice assistant speakers are also gaining popularity. Europe is likely to account for a double-digit market share both in terms of revenue and unit shipment in 2022. Smart Voice Assistant Speaker Market –Key Vendors and Market Share The global smart voice assistant speaker market has high growth potential. Vendors are increasingly indulging in distribution and forming conglomerates to cash on several opportunities. The profitability potential is driving vendors to invest in the market. The report profiles major companies in the global market and provides the competitive landscape and market share of the leading players. It covers the entire market outlook regarding the value chain operating in the market. • Alphabet (Google) • Amazon The other prominent vendors included in the report are Beijing LingLong, Fabriq, Jam Audio, HARMAN, Invoxia, Lenovo, Mattel, Mycroft, NVIDIA, Sony. Other emerging vendors are Swan Solutions, Cubic Robotics, Silk Labs, Protonet, Interactive Voice, SPACO. Why Should You Buy The Report? The report provides answers to the following questions related to the global smart voice assistant speaker market. 1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years? 2. What are the various factors that can affect the market over the next few years? 3. What are the major emerging trends and challenges for the market over the next five years? 4. What is the market size and market forecast for each product segment and end-user type? 5. Which region is expected to witness the highest market share and what are the factors driving the growth in that region? 6. What is the sale growth rate in key geographies? 7. Which are the major countries in terms of market size and market forecast? 8. Which are the key vendors in the market? 9. What are the main strategies implemented by the leading vendors to increase growth opportunities? 10. Which are the key emerging vendors in the market? Read the full report: http://www.reportlinker.com/p04951683/Global-Voice-Assistant-Speaker-Market-Strategic-Assessment-and-Forecast.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-voice-assistant-speaker-market---strategic-assessment-and-forecast-2017-2022-300476986.html SOURCE Reportlinker |