Global Smart Speaker Sales to Reach $10.3 Billion by 2026, Transparency Market Research Reports
The hardware segment of the global smart speaker market is expected to top $10.3 billion by 2026, growing at an 18 percent compound annual growth rate (CAGR), Transparency Market Research reported Friday. Among voice assistants, Amazon Alexa is forecast to…
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hold the majority market share at 55 percent by 2026, while Google Assistant is expected to experience the most growth at a 19 percent CAGR. E-commerce will dominate distribution for smart speakers, said the report.