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  • Smart Speaker Market is expected to be more than USD 18 Billion by the end of year 2024

    (I-SoftwareNews.Com, September 07, 2019 ) According to Renub Research market research report “Smart Speaker Market & Volume by Platform (Amazon Alexa, Google Assistant, Apple Siri, Others), Countries, Regions, Companies (Amazon, Apple, Google, Microsoft, Xiaomi)” the Global Smart Speaker Market is expected to be more than USD 18 Billion by the year 2024. A smart speaker is a type of speaker which has no wires, and it has the voice instruction enabled device with an assembled virtual assistant that offers interactive actions and hands-free activation with the help of one "hot word". Smart speakers also act as an intelligent device which has in-built Wi-Fi, Bluetooth, and other wireless protocol standards. These features have usage beyond audio playbacks, such as to control home automation devices.

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    The advantage of a wireless speaker system has no wires are connecting the speakers to the sound system. It can put the speakers anywhere within transmission range and no tripping that leads back to the sound system. Some disadvantages come with wireless networks such as wireless speakers still require power; they likely need to plug the speaker into a charging source. Interference can be another problem. Dropped signals can also be an issue if a transmitter or receiver stops working or drops out; it will affect the listening experience. The factors influencing smart speaker adoption are, specifically with regards to privacy, has five distinct categories as pros and cons: security concerns, identity as an early adopter, convenience, contributing factors, perceived lack of utility, and privacy.

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    Market Summary:

    By Platform: This research report covers: Market, market share, volume, volume share of following platforms: Amazon Alexa, Google Assistant, Apple Siri, and other platforms, in which Amazon Alexa has the biggest market share.

    By Regions: The global smart speaker market is divided into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa with the market, market share, volume, volume share analysis. Among all regions, North America is leading the market.

    By Countries: Market, market share, volume, volume share of United States, United Kingdom, Germany, China, and other countries are provided in this research report. The United States holds a significant market share of the Smart Speaker market.

    By Companies: Overview, Initiatives & Recent Developments and Sales analysis of Amazon, Apple, Google, Microsoft, and Xiaomi are provided in this research report.

    If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team.

    Browse Related Reports:

    Japan Smart Home Market @

    China Smart Home Market @

    Key Topics Covered :

    1. Introduction

    2. Research & Methodology

    3. Executive Summary

    4. Growth Driver – Smart Speaker

    4.1 Growing Market of Smart Homes

    4.2 Growing GDP per Capita

    4.3 Rising Internet Penetration across the Globe

    5. Challenges– Smart Speaker

    5.1 Issues related to Compatibility and Power

    5.2 Privacy and Security Concern

    5.3 Localization of Languages

    5.4 High Cost of the Devices

    6. Opportunities – Smart Speaker

    6.1 Increasing Focus of Companies on Enhancing Customer Experience

    6.2 Establishment of 5G Infrastructure

    6.3 Advancement of Natural Language Processing (NLP)

    7. Comparison of Products – Smart Speaker

    8. Smart Speaker Volume & Market Analysis

    8.1 Smart Speaker Market

    8.2 Smart Speaker Volume

    9. Market Share – Smart Speaker Analysis

    9.1 By Platform

    9.2 By Country

    9.3 By Regions

    10. Volume Share – Smart Speaker Analysis

    10.1 By Platform

    10.2 By Country

    10.3 By Regions

    11. Platform – Smart Speaker Market

    11.1 Amazon Alexa

    11.2 Google Assistant

    11.3 Apple Siri

    11.4 Others

    12. Platform – Smart Speaker Volume

    12.1 Amazon Alexa

    12.2 Google Assistant

    12.3 Apple Siri

    12.4 Others

    13. Regions – Smart Speaker Market

    13.1 North America

    13.2 Latin America

    13.3 Eastern Europe

    13.4 Western Europe

    13.5 Asia Pacific

    13.6 Middle East & Africa

    14. Regions – Smart Speaker Volume

    14.1 North America

    14.2 Latin America

    14.3 Eastern Europe

    14.4 Western Europe

    14.5 Asia Pacific

    14.6 Middle East & Africa

    15. Country – Smart Speaker Market

    15.1 United States

    15.2 United Kingdom

    15.3 Germany

    15.4 China

    15.5 Others

    16. Country – Smart Speaker Volume

    16.1 United States

    16.2 United Kingdom

    16.3 Germany

    16.4 China

    16.5 Others

    17. Investments

    18. Companies Covered

    18.1 Amazon

    18.2 Apple

    18.3 Google

    18.4 Microsoft

    18.5 Xiaomi

    About Us

    Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. Our clients rely on our market analysis and data to make informed knowledgeable decisions. Our pertinent analysis helps consultants, bankers andexecutives to make informed and correct decisions.

    Contact Us

    Renub Research

    Phone: +1-678-302-0700



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    Rajat Gupta

    Market Research, Bus

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