TMCnet News
Smart Speaker Market Size to Reach USD 24.09 Billion in 2028 | Rising Trend of Smart Homes Across the World and Surging Demand for Home Automation Devices are Significantly Boosting Industry Growth, says Emergen ResearchVANCOUVER, BC, July 27, 2021 /PRNewswire/ -- The global smart speaker market size is expected to reach USD 24.09 billion by 2028 at a CAGR of 16.9%, according to a new report by Emergen Research. Market revenue growth is majorly attributed to growing trend of home automation and escalating demand for smart home appliances including smart entertainment systems and communication devices. Introduction of more cost-effective and user-friendly electronic home appliances with remote access and connectivity via advanced wireless technologies is a major market growth trend. Market growth is further driven by rapid urbanization and rising disposable incomes.  A smart speaker is a voice-enabled device powered by an intelligent virtual assistant that helps with a multitude of everyday tasks including answering questions, streaming music or podcasts, setting timers, alarms, or reminders, turning on lights, adjusting the thermostat, and controlling other smart devices at home. Most smart speakers available today are compatible with virtual assistants such as Amazon's Alexa or Google Assistant and boast top-notch features and functionalities that can be operated remotely. Many speakers come with a touchscreen display for a visual response to user commands. Tech behemoth Amazon is known for its extensive range of smart speakers, including the best-selling Amazon Echo Dot. The device can not only set alarms and stream music, but also make hands-free calls and control a wide range of Alexa-compatible smart home devices. Click Here to Access Free sample PDF Copy of the Report@ https://www.emergenresearch.com/request-sample/730 Some Key Highlights in the Report:
For the purpose of this report, the global smart speaker market is segmented on the basis of component, application, intelligent virtual assistant, end-use, and region: Component Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
Intelligent Virtual Assistant Outlook (Revenue, USD Billion; 2018-2028)
End-use Outlook (Revenue, USD Billion; 2018-2028)
Have a look at Report Description and Table of Contents of Market Report@ https://www.emergenresearch.com/industry-report/smart-speaker-market Regional Outlook (Revenue, USD Billion; 2018-2028)
Explore more reports offered by Emergen Research: Back and Neck Massager Market by Type (Manual Massagers, Vibrating Massagers, Impulse Massagers, Others), By Patients (Adult, Older People, Baby), By Application (Household, Hospital, Other), and By Region Forecast to 2028 USB Flashdrives Market Size, Share, Trends, By Product Type (8 GB, 16 GB, 32 GB, 64 GB, 128 GB), By Application (Personal, Commercial), By Distribution Channel (Online, Offline), and By Region Forecast to 2028 Gaming Mouse Market By Product Type (MMO Mouse, MOBA Mouse, FPS Mouse, RTS Mouse, All-Purpose Mouse), By Distribution Channel (Online, Retail Stores), By End-Use (Personal, Internet Cafe), and By Region Forecast to 2028 Top 10 Prominent Companies in the World Offering Big Data as a Service Top 10 leading Facial Recognition Companies in the World Top 10 Companies in the Conversational Artificial Intelligence Industry by Revenue Top 8 Leading Companies in the Streaming Analytics Industry in the World Streaming Analytics, All You Need to Know World Top 8 Wi-Fi as a Service (WaaS) Providers About Emergen Research Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors. Contact Us: Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jpg
|