Smart Speaker Market to Register Steady Growth During 2017 – 2027

Valley Cottage, NY — (PRESS RELEASE JET) — 11/01/2017 — Smart Speakers are a wireless device that provides a different kind of connectivity’s to add more function than existing speakers. These additional features are provided for ease of use for customers and to connect. The smart speakers offer features like voice assistant, make the to-do list, set alarms, and provide real time information and much more. A wide range of products are included in smart speakers like boom boxes, LED smart speakers etcetera.

The most trending smart speakers are the ones integrated with Google Home and Amazon Echo which can automate digital tasks along with playing high-quality sound. The smart speakers can work equivalently to the smartphones. Siri and Cortana are also now included in smart speakers.

A sample of this report is available upon request @https://www.futuremarketinsights.com/reports/sample/rep-gb-5023

Smart Speaker: Drivers and Restraints

The factors driving the market of smart speakers are the advancement in audio technology, growing number of smart homes, Growth in wireless technology and rising penetration of smartphones and smart devices and product innovation with the integration of new technologies and services.

The factors impeding the growth of smart speakers are the threat to privacy, an explosion in the system, compatibility issues with all smartphones and other devices and lack of standardization.

Smart Speaker: Segmentation

Segmentation based on connectivity with the speaker in Smart Speaker Market:

Wi-Fi connectivity
Bluetooth connectivity

Segmentation based on the price range in Smart Speaker Market:

Premium
Mid-range
Low range

Smart Speaker: Competitive Landscape

The key players of the smart speaker market are 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.

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-5023

Regional Overview

North America is expected to the largest market of smart speakers. The majority of smart speaker vendors such as Google Inc., Apple Inc. are based in North America region itself, and they are also investing in the field of smart speakers in the local market. Several other companies like Panasonic Corporation and Samsung Electronics are also expanding their offering in Asia Pacific region thus the smart speaker market in this region is also elevating.

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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