Smart Sound and Gateway Market Opportunities, and Forecast By 2030
Description According to the Market Statsville Group (MSG), the global smart sound and gateway market size is expected to grow from USD 438.4 million in 2021 to USD 4,397.7 million by 2030 , at a CAGR of 29.2 % from 2022 to 2030 . A smart speaker is a wireless device offering smart audio playback using several types of connectivity for additional functions. The study focuses on smart speakers with both display and non-display offerings. The devices that operate with a virtual assistant are considered under the scope of the study, and the devices that offer multiple virtual voice assistant support are considered under 'Multiple Virtual Assistant Support Speakers’. Due to high-speed internet and increased access to smartphones the global demand for smart speakers is increasing at an exponential rate. In English-speaking nations, such as the UK and the US, demand for smart speakers with virtual voice assistants was significantly ...