Smart Sound and Gateway Market (Smart Speaker) Size, Global Insight 2023-2028

The latest research study by IMARC Group, “Smart Sound and Gateway Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on global smart sound and gateway market share. The market size reached US$ 34.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 158.9 Billion by 2028, exhibiting a growth rate (CAGR) of 25.8% during 2023-2028.

What is Smart Sound and Gateway Market (smart speaker):

A smart speaker refers to an internet-enabled, wireless device that provides audio playback using various types of connectivity for additional functions. It is equipped with a unique, patented technology known as the smart sound that recognizes, responds to voice controls, and quickly manages music content. A smart speaker is commonly used to read e-books, play music, stream live news, and set reminders and alarms. On the other hand, a gateway is a physical platform or instrument that serves as the connection point between intelligent devices and sensors and the cloud and controllers. Smart sound and gateway offer dedicated audio and voice processing to sustain voice wake functions and reduce gadget power consumption. In addition, it assists in uncompromised sound, excellent battery life, clear voice recognition, and enhanced audio playback.

Request a free sample brochure: https://www.imarcgroup.com/smart-sound-gateway-market/requestsample

Smart Sound and Gateway Market Trends and Drivers:

The escalating consumer inclination towards the usage of connected devices, the rising penetration of high-speed internet, and the increased access to smartphones are among the primary factors driving the smart sound and gateway market. Besides this, the elevating requirement for intelligent speakers with virtual assistants to play music, provide information, deliver news and sports scores, weather, and control homes is further augmenting the market growth. Moreover, the extensive research and development (R&D) activities to launch innovative smart sound and gateway systems with advanced features, functions, and compatibility with other devices are also catalyzing the global market. Apart from this, the growing popularity of Google Assistant, a virtual software application developed by Google to provide accurate information on search and maps and translate other languages is acting as another significant growth-inducing factor. Furthermore, the inflating expenditure capacities of consumers, improving lifestyles, and the integration of internet of things (IoT) and artificial intelligence (AI) technology, are expected to bolster the smart sound and gateway market in the coming years.

Smart Sound and Gateway Market Report Segmentation:

List of Major Key Players:

The major players in the market are

Amazon.com Inc., Apple Inc., Baidu Inc., Bose Corporation, Google LLC (Alphabet Inc.), Plantronics Inc. (HP Development Company L.P), Sonos Inc. and Xiaomi Corporation.

The report has been segmented the market into following categories:

Breakup by Virtual Assistant:

  • Alexa
  • Google Assistant
  • Siri
  • AliGenie
  • Xiao AI
  • Multiple Virtual Assistant Support Speakers
  • Others

Breakup by Solution:

  • Smart Speaker (Only Hardware)
  • Hearables (Only Hardware)

By Geography:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

Comments

Post a Comment

Popular posts from this blog

RFID Locks Market Size, Share, Demand, Forecast 2023-2028

Image
  How Big is The RFID Locks Market? IMARC Group, a leading market research company, has recently releases report titled “ RFID Locks Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ” The study provides a detailed analysis of the industry, including the global market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. The global RFID locks market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.2% during 2023-2028. What are RFID Locks? One-off chopsticks represent an equally leveled pair of sticks that are held in one hand between thumb and fingers as traditional kitchen cutlery to eat several dishes. They are manufactured by using various hues and materials, including bamboo, aspens, wood, etc. One-off chopsticks help in improving memory
Read more

Security Market Share, Outlook, Growth, Analysis 2023-2028

Image
 IMARC Group, a leading market research company, has recently releases report titled “ Security Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. ” The global security market size reached US$ 124.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 217.2 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028. What is Security Market? Security refers to the state of being protected from potential harm, danger, or threats. It encompasses measures, practices, and systems that are put in place to safeguard individuals, organizations, or assets from various risks, including physical security , digital, financial, or personal threats. Security can be applied to different domains, such as personal security, national security, information security, cybersecurity, or physical security. Each domain focuses on different aspects of protection, but the underlying goal is to prevent or mitigate potential risks and
Read more

Edtech Market Size, Revenue, Growth, Opportunity 2023-2028

Image
  How Big is The Edtech Market: IMARC Group, a leading market research company, has recently releases report titled “Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global edtech market size reached US$ 194.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 452.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028. What is Edtech? Educational technology (edtech)  refers to the usage of technology, digital tools, and innovative solutions to enhance teaching, learning, and educational processes. It aims to improve educational outcomes, make learning more engaging and personalized, facilitate access to educational resources, and enhance the efficiency and effectiveness of educational practices. It leverages various digital tools and platforms, such as computers, tablets, interactive whiteboards, educational software, online learning platforms, mobile app
Read more