World Industries Smart Speaker Market Research Report, 2025
According to the global Smart Speaker Market report published by Value Market Research, the market
is expected to touch USD 30 BN by 2024, with a CAGR of 30.0% growing from USD 4.5 BN in 2017. This is
a tailored made research service providing informative data and various critical aspects of the market
such as market outlook, market share, growth, and trends. Further, the report also offers evidence-
based information that helps to transform clients business and achieve their business goals. Moreover,
the report also highlights the key strategy of top players. Additionally, this report covers a wide
spectrum of services such as the latest technology trend, market opportunity analysis, and competitive
landscape.
The report also covers detailed competitive landscape including company profiles of key players
operating in the global market. The key players in the smart speaker market includes Amazon.com, Inc.,
Google Inc., Apple Inc., Harman International Industries, Panasonic Corporation, Sonos Inc., Sony
Corporation, LG Electronics Inc., Logitech International S.A. and Samsung Electronics. An in-depth view
of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview,
partnerships, collaborations, new product launches, new product developments and other
developments with information in terms of H.Q.
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Market Dynamics
Growing penetration of smartphones and IoT technology is expected to drive the smart speaker market
growth over the forecast period. Advancement in audio technology and the rising number of smart
homes along with rising disposable income is another factor that propels the market growth. Product
innovation with new technology and services also acts as a supporter of the market growth. However,
lack of standardization and privacy issue are likely to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using
numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain
analysis. These tools are employed to gain insights of the potential value of the market facilitating the
business strategists with the latest growth opportunities. Additionally, these tools also provide a
detailed analysis of each application/product segment in the global market of smart speaker.
Browse Global Smart Speaker Market Research Report with detailed TOC at
https://www.valuemarketresearch.com/report/smart-speaker-market
Market Segmentation
The broad smart speaker market has been sub-grouped into intelligent virtual assistant and application.
The report studies these subsets with respect to the geographical segmentation. The strategists can gain
a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a
focused approach leading to identification of better opportunities.
By Intelligent Virtual Assistant
Alexa
Google Assistant
Siri