An exciting new study from the team of Lucintel found that smart speaker market is expected to grow with a CAGR of 34%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The smart speaker market is segmented based on intelligent virtual assistant, end use industry, component, and region. In this market, siri is expected to remain the largest intelligent virtual assistant, and residential segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like the presence of early adopters.
Amazon, Harman International, Apple, Sonos, Alphabet, Bose, Sony, Onkyo, Panasonic, SK Telecom are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global smart speaker market by intelligent virtual assistant (alexa, google assistant, siri, aligenie, and others( xiaowei, dueros, bixby, and cortana)), end use industry (residential and commercial), component (hardware (speaker driver, connectivity IC, processor, audio IC, memory, power IC, microphone, and others), and software ), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the smart speaker market?
Q.4 What are some changing demands of customers in the smart speaker market?
Q.5 What are the new developments in the smart speaker market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this smart speaker area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this smart speaker market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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