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Smart Speakers Market Recent Study Segments, Future Growth, Business Prospects
[June 25, 2018]

Smart Speakers Market Recent Study Segments, Future Growth, Business Prospects


Market Highlights: Smart Speakers is type of speakers which is equipped with advance communication technologies such as Bluetooth, Wi-Fi and NFC and can be operated from any smart device such as smartphone, laptop and tablets. These speakers are similar in nature with a traditional speaker but provide different benefits which traditional speakers are not able to provide The key drivers contributing to the growth of the global smart speakers market are rise in number of smart homes, increasing wireless streaming of audio content, speakers run on batteries, high durability, hassle free maintenance and high preference for wireless technology. The restraining factors towards the growth of the market are range, power and compatibility. The increase in number of smart homes driving the global smart speakers market.



There are various features such as compatibility with number of services and platforms, peer-to-peer connection through mesh networking, intelligent personal assistants among others are giving positive contribution in the market growth.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2286 Major Key Players Beats Electronics (U.S.), Bose Corporation (U.S.), Harman (U.S.), LG Electronics (South Korea), Altec Lansing (U.S.), Avnera Corporation (U.S.), Panasonic (Japan) , Samsung Electronics Limited (Korea), D&M Holdings, Inc (Japan),Sharp Corporation (Japan) and others According to Market Research Future Analysis, Smart Speakers Market has been valued at USD 9 billion by the end of forecast period with 36% of CAGR during forecast period 2016 to 2022.


Segmentation: U.S. accounts for the largest market share, majorly due to increase in number of smart homes, rising disposable income, changing lifestyle and government policies. Also, Asian countries such as Japan and Korea are expected to grow at a fast pace, majorly due to advancement in the IT industry and investments in research & development sector.

For the purpose of this study, Market Research Future has segmented the market of smart speakers into product type, connectivity, application and regions. By product type, the market has been bifurcated into single-speakers, double-speakers and multi-speaker. On the basis of connectivity, the market has been segmented into- Wi-Fi enabled speakers, Bluetooth enabled speakers, NFC enabled speakers among others. On the basis of application, the market includes- personal use and commercial use.

Regional Analysis: North America is dominating the market of smart speakers in where U.S. accounted for the largest market share due to various factors such as rise in smart homes market, high per capita income, changing lifestyle and high preference for wireless technology in the region. For instance, Amazon Echo smart speakers outpaced other speakers in the U.S. due to changing lifestyle and increasing disposable income.

Asian countries, especially Japan and Korea are growing at a fast pace majorly due to high demand for consumer electronics, high growth rate of the countries and the advancement in the IT industry. According to MRFR analysis, the consumption of smart electronics has increased in these countries over the last few years and companies have been investing billions of dollars into research & development sectors which are driving the growth of the global smart speakers market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/smart-speakers-market-2286 Intended Audience: • Smart Speakers Manufacturers • Smart Speakers Distributors • Research/Consultancy firms • Vendors from various verticals such as Bose, Harman, Samsung among others • OEMs • Semiconductor Manufacturers • Stakeholders LIST OF TABLES TABLE 1 GLOBAL SMART SPEAKERS MARKET, BY PRODUCT TYPE TABLE 2 GLOBAL SMART SPEAKERS MARKET, BY APPLICATION TABLE 3 GLOBAL SMART SPEAKERS MARKET, BY CONNECTIVITY Continued...

LIST OF FIGURES FIGURE 1 RESEARCH TYPE FIGURE 2 GLOBAL SMART SPEAKERS MARKET: BY PRODUCT TYPE (%) FIGURE 3 GLOBAL SMART SPEAKERS MARKET: BY APPLICATION (%) Continued...

About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com

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