Market Research Report
Asia Pacific Smart Speaker Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||734674|
|Published||Content info||88 Pages
Delivery time: 2-3 business days
|Asia Pacific Smart Speaker Market Forecast 2019-2027|
|Published: October 29, 2018||Content info: 88 Pages||
The expected CAGR of the Asia Pacific regional market for smart speakers during the forecasted period of 2019-2027. The Asia Pacific smart speaker market will continue to escalate in terms of revenue and is expected to reach $ xx million by the end of the forecasted period.
The entry of large Internet/tech companies such as Tmall, Xiaomi, Tencent, Baidu and Lenovo has served as a significant factor in driving the growth of the smart speaker market in this region. China is one of the fastest emerging markets globally and accounts for the largest market share in the Asia Pacific market. The large population and the rapid technological advancement in the country are the major drivers of the growth of the market in the country. Rising penetration of the IoT technology is also expected to propel the smart speaker market growth over the forecast timespan.
Leading market players in the Asia Pacific smart speaker market are Bose Corporation, Alibaba Group Holding Limited, Xiaomi Corporation Alphabet Inc., Lg Corporation, Panasonic Corporation, Pioneer Corporation, Plantronics Inc., Samsung Electronics Co. Ltd., Amazon.Com Inc., Apple Inc. and Sonos.