Smart Speaker Market to Grow at 34.44% CAGR to 2023

PUNE, India, January 19, 2018 /PRNewswire/ --

ReportsnReports.com adds Smart Speaker Market Report is forecast to reach $11.79 billion by 2023 from $2.68 billion in 2018 at a CAGR of 34.44% during (2018-2023) driven by increasing number of smart homes, rising disposable income, rapid proliferation of multifunctional devices, growing trend of personalization and huge potential across applications such as smart home, smart office, consumer, and automotive.

Browse 71 Market Data Tables and 47 Figures spread through 150 Pages and in-depth TOC on "Smart Speaker Market by IVA (Alexa, Google Assistant, Siri, Cortana), Component (Hardware (Speaker Driver, Connectivity IC, Processor, Audio IC, Memory, Power IC, Microphone,) and Software), Application, and Geography - Global Forecast to 2023" http://www.reportsnreports.com/reports/1297988-smart-speaker-market-by-iva-alexa-google-assistant-siri-cortana-component-hardware-speaker-driver-connectivity-ic-processor-audio-ic-memory-power-ic-microphone-and-software-application-and-geograp-st-to-2023.html .

The companies profiled in the smart speaker market report are Amazon (US), Harman International (US), Apple (US), Sonos (US), Alphabet (US), Bose (US), Sony (Japan), Onkyo (Japan), Panasonic (Japan), Alibaba (China), Pioneer (Japan), Altec Lansing (US), Lenovo (US), Xioami (China), and SK Telecom (South Korea). This report also covers the following key innovators: Invoxia (France), Avnera (US), Fabriq (US), D&M Holdings (Japan), and Anker (US).

The smart speaker market in RoW expected to grow at highest CAGR between 2018 and 2023. This report covers the following regions: North America, Europe, APAC, and RoW. The market in RoW is expected to grow at the highest CAGR between 2018 and 2023. The Middle East accounts for a substantial share of the smart speaker market in RoW. People in the Middle Eastern countries, especially the UAE and Saudi Arabia, are among the early adopters of smart devices that are convenient and easy to use, thus fueling the demand for smart speakers in RoW.

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