Integrated Virtual Assistants to Disrupt Smart Speakers Market

Posted by Deeksha on January 8th, 2019

The smart speaker market is expected to slate novel growth scope with burgeoning IoT penetration making headway. Ubiquity of connected devices along with upsurge in smartphone usage is expected to uptick adoption of smart speakers through the forecast span. Besides home applications, gradual adoption of smart speakers in commercial applications further encourage adoption. Market Research Hub (MRH) in its recent report addition titled 'Smart Speakers - Thematic Research' scouts through recent developments and their eventual implications on holistic growth trajectory of smart speakers market.

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New Market Entrants Drive Smart Speakers Market to Untapped Opportunities

Significant advancement in internet penetration with evolution of 3G, 4G, and imminent 5G further accelerate growth in smart speakers market in forthcoming years. Emerging new market participants are likely to augment variation and feature enhancements. Established players in smart speakers market are keen on incorporating new features to harbor their lead in smart speakers market. Applications such as live music and news streaming, reminder settings, as well as problem solving functionality are some of the most sought after features in smart speakers. Further, market players are keen on disrupting the smart speakers market with introduction to virtual assistants.  This elaborate research report on smart speakers is a comprehensive handbook that renders pertinent market information that suffice accurate business judgments and aids in facilitation of competitive business strategy on the part of budding market entrants as well as established players eyeing sustenance amidst stiffening competition. The report commences with an elaborate executive summary, followed by macroeconomic trends as well as market dynamics that influence growth in smart speakers market. Further as the report progresses the report also includes information on the geographical presence of smart speakers market across diverse geographical locations such as Europe, North America, and Asia-Pacific. The report lends veritable insights on emerging markets as well as established ones, thus offering readers with ample competitive advantage.

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 Key Players: Smart Speakers Market

In the trailing sections of the report, readers are presented with a comprehensive overview of key market players functional in smart speakers market. A thorough dashboard preview of competitive landscape featuring key players, complete with vital insights on their market presence, products, recent developments, and growth strategies in terms of strategic mergers and acquisitions are meticulously incorporated in this report on smart speakers. Key players benchmarked in this section of the report include Alibaba, Amazon, Google, JD.com, Kakao, KT, Naver, SK Telecom, Sonos, and Xiaomi