"Global Intelligent Speakers Market is valued around USD 5717.81 Million in 2018 and expected to reach USD 26599.87 Million by 2025 with the CAGR of 24.56% over the forecast period."
A research report on Intelligent Speakers Market features a succinct analysis on the latest market trends. The report also includes detailed abstracts about statistics, revenue forecasts and market valuation, which additionally highlights its status in the competitive landscape and growth trends accepted by major industry players.
Intelligent Speakers Companies:
Global Intelligent Speakers Market report covers prominent players like,
Global Intelligent Speakers Market Dynamics-
Advanced technological requirements in AI are helping drive global business innovation and competitiveness. Indeed, it is arguable that global industries embrace of the AI technologies birthed from fundamental work in research labs and institutions, notably machine learning, has provided a key competitive advantage to all companies in maintaining a leadership role in the global economy. However, high cost of device; as per the prices for intelligent speakers globally its above USD 200 for premium speakers. Also, there are other factors like connectivity may hinder the market growth at some extent. Moreover, technological advancement, increasing numbers of users of AI based products like intelligent speakers and other devices; increasing demand for advance products could be the opportunity for the market
North America dominate the Intelligent Speakers Market
North America dominates the market of intelligent speakers. As per housewares, in the first 11 months of 2017, U.S. dollar sales of home automation products increased 40 percent, with strong growth across all device types. UK AI is developing on the foundation of the UK’s existing technology capability, which is comparatively strong by international standards. The turnover of the digital tech sector was estimated at EUR 170 billion in 2015, representing a growth rate of 22% over the previous five years. The UK now has 1.64 million digital tech jobs, and the growth rate of that employment market was more than double that of non-digital jobs between 2011 and 2015. Due to its rising population Asia Pacific is growing market for intelligent speakers’ and also lower hospital treatment cost compare to other regions.
Key Benefits for Global Intelligent Speakers Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Intelligent Speakers Market Segmentation –
By Intelligent Virtual Assistant: Amazon Alexa, Google Assistant, Siri, Cortana, Others (AliGenie, Xiaomi Al Assistant, DuerOS, SKT NUGU, Naver Clova, and Kakao)
By End User: Personal, Commercial
By Distribution Channel: Online, Offline
By Price: Low (Less than USD 100), Mid (USD 101 to USD 200), Premium (Above USD 200),
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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