Smart Speakers Market Trends, Share, Size and Forecast 2019-2027 - PowerPoint PPT Presentation

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Smart Speakers Market Trends, Share, Size and Forecast 2019-2027

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Global smart speakers market is anticipated to grow with 24.91% CAGR during the forecast period 2019-2027. The base year considered for the study is 2018. – PowerPoint PPT presentation

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Title: Smart Speakers Market Trends, Share, Size and Forecast 2019-2027


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GLOBAL SMART SPEAKERS MARKET
FORECAST 2019-2027
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  • The global CAGR of the smart speaker market is
    expected to be 24.91 during the forecasted
    period 2019-2027. Even though it is an emerging
    market, competition is rising rapidly as
    companies are coming up with new launches.
  • A smart speaker is a type of wireless speaker and
    voice command device with an integrated virtual
    assistant (artificial intelligence) that offers
    interactive actions and hands-free activation
    with the help of one hot word. 

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  • The global smart speaker market is segmented by
    an intelligent virtual assistant, end users and
    distribution channel. Intelligent virtual
    assistant is sub-divided into Alexa, google
    assistant, Siri and Cortana and others.
  • The end-users segment of global smart speakers
    market includes personal and commercial.
    Distribution channel segment includes online and
    offline channels.

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The Global Smart Speakers market is anticipated
to grow with 24.91 CAGR during the forecast
period 2019-2027.
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The expected CAGR of the North American smart
speaker market for the forecast period of
2019-2027 is 23.69.
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The European market of smart speakers is poised
to grow at a CAGR of 25.38 over the forecasted
period of 2019-2027.
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The Asia Pacific smart speakers market is
expected to have a CAGR of 26.10 over the
forecast period of 2019-2027.
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Prominent players in the global smart speaker
market are Alibaba Group Holding Limited,
Alphabet Inc., Amazon.Com Inc., Apple Inc., Bose
Corporation, Lg Corporation, Panasonic
Corporation, Pioneer Corporation, Plantronics
Inc., Samsung Electronics Co. Ltd., Sonos and
Xiaomi Corporation.
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