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According to the new market research report, the smart speaker market was valued at USD 2.68 billion in 2018 and is expected to be worth USD 11.79 billion by 2023, growing at a CAGR of 34.44%NEW YORK, Jan. 23, 2018 /PRNewswire/ -- Smart speaker market projected to grow at a CAGR of 34.44% during forecast period Smart speaker market in RoW expected to grow at highest CAGR between 2018 and 2023 This report covers the following regions: North America, Europe, APAC, and RoW. The market in RoW is expected to grow at the highest CAGR between 2018 and 2023. The Middle East accounts for a substantial share of the smart speaker market in RoW. People in the Middle Eastern countries, especially the UAE and Saudi Arabia, are among the early adopters of smart devices that are convenient and easy to use, thus fueling the demand for smart speakers in RoW. BREAKDOWN OF PROFILES OF PRIMARY PARTICIPANTS • By Company Type: Tier 1—55%, Tier 2—25%, and Tier 3—20% • By Designation: Directors—50%, Managers—20%, Vice Presidents—25%, and Others—5% • By Region: North America—40%, APAC—15%, Europe—35%, and RoW—10% Companies profiled in the report are Amazon (US), Harman International (US), Apple (US), Sonos (US), Alphabet (US), Bose (US), Sony (Japan), Onkyo (Japan), Panasonic (Japan), Alibaba (China), Pioneer (Japan), Altec Lansing (US), Lenovo (US), Xioami (China), and SK Telecom (South Korea). This report also covers the following key innovators: Invoxia (France), Avnera (US), Fabriq (US), D&M Holdings (Japan), and Anker (US). Research Coverage Smart speakers are mainly used in smart home, smart office, consumer, commercial, and automotive applications. On the basis of components, this market has been segmented into hardware and software. This report also covers the following IVAs: Alexa, Google Assistant, Siri, Cortana, and others. The market is divided on the basis of regions into North America, Europe, APAC, and RoW. Reasons to Buy the Report • This report includes the market statistics pertaining to IVA, application, component, and region, along with their respective revenues. • The value chain analysis is provided with an in-depth insight into the smart speaker market. • Major drivers, restraints, challenges, and opportunities pertaining to the smart speaker market are detailed in this report. • Illustrative segmentation, analysis, and forecast for the smart speaker market based on application, IVA, component, and geography are conducted to provide an overall view of the smart speaker market. • A detailed competitive landscape is provided for the top 5 companies, including their revenues. Read the full report: https://www.reportlinker.com/p05292518 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. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
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