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 pla