Global Smart Speaker Market by IVA, Component , Application and Regional Forecasts 2017-2025

MUMBAI, India - Feb. 1, 2018 - PRLog -- Global Smart Speaker Market industry valued approximately USD 1.16 billion in 2016 is anticipated to grow with a healthy growth rate of more than 35.29% over the forecast period 2017-2025. The major factors driving the growth are rising need for predictive maintenance, the introduction of intelligent machine applications, and escalating regulatory compliances.

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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

IVA:
-Alexa
-Siri
-Google Assistant
-Cortana

Component
-Hardware
Processor
Memory
Microphone
Speaker
Others
-Software

Application:
-Smart Home
-Consumers
-Smart Office

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Regions:
-North America
U.S.
Canada
-Europe
UK
Germany
-Asia Pacific
China
India
Japan
-Latin America
Brazil
Mexico
-Rest of the World

Furthermore, the years considered for the study are as follows:

- Historical year – 2015
- Base year – 2016
- Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are Bose, Apple, Alibaba, Amazon, Panasonic, Harman International, Alphabet, and Sonos. Acquisitions, effective mergers, investment in research and development, are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players.

Target Audience of the Smart Speaker Market Study

- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors

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