Trends and Forecast for the Global Smart Speaker MarketTrends, opportunities and forecast in the global smart speaker market to 2024 by intelligent virtual assistant (alexa, google assistant, siri, aligenie, others( xiaowei, dueros, bixby, and cortana), end use industry (residential and commercial), component (hardware (speaker driver, connectivity IC, processor, audio IC, memory, power IC, microphone, and others) and software), and region (North America, Europe, Asia Pacific, and the Rest of the World).Lucintel's latest market report analyzed that smart speaker provides attractive opportunities in the residential and commercial industries. The Smart speaker market is expected to grow with a CAGR of 34%. In this market, siri is the largest segment by intelligent virtual assistant, whereas residential is largest by end use industry.
Download Brochure of this report by clicking on https://www.lucintel.com/smart-speaker-market.aspx Based on intelligent virtual assistant, the smart speaker market is segmented into alexa, google assistant, siri, aligenie, and others (xiaowei, dueros, bixby, and cortana). The siri segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to its surround sound and strong brand image.
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The Smart Speaker Market is marked by the presence of several big and small players. Some of the prominent players offering smart speaker include Amazon, Harman International, Apple, Sonos, Alphabet, Bose, Sony, Onkyo, Panasonic, SK Telecom.
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