COVID Impact On Global Smart Speaker Market 2020-2025

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COVID Impact On Global Smart Speaker Market 2020-2025
Smart speaker is one the highest adopted product category. The virtual assistant feature with the help of artificial intelligence helps operate the smart devices through Wi-Fi connectivity to integrate daily life functionalities like ordering food online, playing music, listening to news and weather forecast just at the effort of voice commands.

  • Huawei, a Chinese manufacturer has introduced Huawei Sound X in collaboration with Devialet, a French audio company outside of China.

  • Amazon introduced Echo devices in Sep 2019 with the all new Echo Show 8, Echo Flex and Echo Dot with clock.

  • Baidu introduced its latest Xiaodu Smart Display X8 Smart Display for the Chinese market which includes full view touchscreen display with 1200*800 resolution and robust microphone array and supports biometric modalities including gesture ad face recognition

  • Growing adoption of seamless internet (both 3G and 4G) connectivity in both the upper middle income and the lower middle-income countries

  • Switching trend of smart home devices from manually operated devices, the high disposable per capita income

  • Changing consumer behavior of switching to multifunctional devices for ease of use at a negligible incremental cost including

  • Rising trend among millennials and younger generation to be early adopters for latest technological innovations.

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  • The market is getting increasingly crowded with various new launches from various players

  • For the forthcoming years, the smart speaker segment is expected to expand its reach which would require more data to be processed by the smart speakers which would involve more complex set of databases so advancement of software is expected.

  • Major restraints for the market growth of smart speakers has been in terms of data privacy and localization of the language adoption by the virtual assistant

  • With the advent of smart speakers, there is an increasing advent of voice commerce

  • The smart home segment was found to be contributing the largest market share for the forecast period

Download sample-   https://mobilityforesights.com/product/smart-speaker-market/

 

COMPANY PROFILES

  1. Amazon Inc. (U.S)

  2. Harman International (U.S)

  3. Apple Inc. (U.S)

  4. Alphabet

  5. Google Inc (U.S)

  6. Bose Corporation (U.S)

  7. Sonos (U.S)

  8. Alibaba (China)

  9. Lenovo (China)

  10. Baidu (China)

 

THIS GLOBAL SMART SPEAKER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. Smart Speaker Market size and Forecast , by region, by application
  2. Average B-2-B price for Smart Speaker Market, by region, per user
  3. Technology trends and related opportunity for new Smart Speaker Market tech suppliers
  4. Market share of leading vendors, by region,
  5. Coronavirus impact on Smart Speaker Market earnings

Media Contact
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Country: India
Website: https://mobilityforesights.com/