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Wireless Speaker Market Size to Reach Revenues of over USD 63 Billion by 2026 - AriztonCHICAGO, Jan. 21, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global wireless speaker market report. The wireless speaker market is expected to grow at a CAGR of around 14% during the period 2020-2026. Key Highlights Offered in the Report:
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Get your sample today! https://www.arizton.com/market-reports/wireless-speaker-market-analysis-2023 Wireless Speaker Market – Segmentation
Wireless Speaker Market by Connectivity Type
Wireless Speaker Market by Distribution Channel Type
Wireless Speaker Market by Product Type
Wireless Speaker Market by Price Range
Wireless Speaker Market – Dynamics Voice-assistance technology such as Amazon's Alexa, Microsoft's Cortana, Apple's Siri, and Google's Assistant have potentially disrupted the traditional way of communication between the user and the designer (who used to communicate and converse with the user to understand its needs and create solutions for the same) and has taken the conversation to a new level - communication between the user and the device. In the upcoming days, consumer technology products are estimated to be designed around voice-first interfaces. Voice-first technology is making a significant impact on consumers across the world, especially in developed parts such as the US and other European countries. Moreover, in the current scenario, it is finding its application among the consumers and becoming the mainstream technology to be used in several consumer devices. One such embedment has been observed in various product segments of consumer devices such as speakers. Key Drivers and Trends fueling Market Growth:
Wireless Speaker Market – Geography The growing penetration of smartphones is rapidly increasing due to urbanization in the region. This, in turn, has boosted the addressable market for smart speakers. When smartphones were launched, their price premium made them unaffordable for the middle-class population. However, with the availability of budgeted smartphones, high disposable income, and increased purchasing power of the middle-class population, especially in developing countries, the sale of smartphones has increased. APAC is majorly a manufacturing center for several electronic products. The region is witnessing an increase in the expansion of manufacturing industries, which has led to the establishment of new manufacturing plants followed by the implementation and adoption of new technologies by manufacturers. Get your sample today! https://www.arizton.com/market-reports/wireless-speaker-market-analysis-2023 Wireless Speaker Market by Geography
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] LOGO: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg |