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Smart Home Speaker Market US to Grow at a CAGR of 38.49% to 2021 with Multifunctional Products in the US

Smart Home Speaker Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Published 14 March 2018

A speaker is an audio system that converts electromagnetic waves into sound waves. Portable speakers can be categorized into two types on the basis of technology: wired and wireless portable speakers. Wired speakers connect to the source using a cable through which an audio signal is transferred. The quality and speed of data transfer are relatively fast compared with wireless speakers. The demand for wired speakers is fast declining.

Publisher's analysts forecast the smart home speaker market in US to grow at a CAGR of 38.49% during the period 2017-2021.

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Wireless speakers use Bluetooth technology for data transfer. Wireless portable speakers use radio frequency to transmit the audio signals instead of using audio cables. For the transfer of data, the receiver should be within the defined range of wireless transfer capability of the speaker. Some of the devices in the growing wireless speaker market include direct current (DC)-only Bluetooth speakers, alternating current (AC)-only Bluetooth speakers, and AC/DC Bluetooth speakers.

Key vendors
- Alphabet
- Amazon.com
- Invoxia
- Lenovo

Other prominent vendors
- COWIN Technology
- FABRIQ
- Interactive Voice
- LG Electronics
- Mattel
- OMAKER
- Pan Ocean Technology
- Sony Mobile Communications

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Market driver
- Increase in buying power of millennials

Market challenge
- Connectivity and app-related issues

Market trend
- Increase in availability of multifunctional products

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Complete report is available @ http://www.reportsweb.com/smart-home-speaker-market-in-us-2017-2021

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