All items tagged with smart speakers and Market reports (30)

New Smart Audio Report Spring 2018 from NPR and Edison Research Now Available

July 23, 2018 by audioXpress Staff

New Smart Audio Report Spring 2018 from NPR and Edison Research Now Available

With more than 43 million smart speaker owners in the U.S., adoption is going mainstream, according to the latest research from The Smart Audio Report, Spring 2018, a recurring study from NPR and Edison Research. The new data from the research confirms that new smart speaker owners are emerging as a distinct audience in terms of user profile, behavior and media habits, while the first movers in the space remain highly engaged with their devices.

Worldwide Home Audio Market Research Shows Growth of 25%

June 14, 2018 by audioXpress Staff

Worldwide Home Audio Market Research Shows Growth of 25%

Futuresource Consulting recently updated its research on the worldwide home audio market. On its latest quarterly report on "Worldwide Home Audio - A Landscape of Stark Contrasts and Opportunities: Pricing, Shipments, Regions and Brands," Futuresource reveals that 'home audio' shipments, including wireless speakers, soundbars and hi-fi systems, grew by 25%, accumulating a total of 27 million units during January to March 2018.

Global Smart Home Market to Hit $155 Billion by 2023

May 31, 2018 by audioXpress Staff

Global Smart Home Market to Hit $155 Billion by 2023

The global smart home market ended on an upbeat note in 2017 reaching $84 billion, up 16% from $72 billion in 2016 according to a report just released by Strategy Analytics. According to the report, “2018 Global Smart Home Market Forecast”, worldwide consumer spending on smart home devices, systems and services will total nearly $96 billion in 2018 and grow at 10% CAGR over the forecast period (2018 to 2023) to $155 billion. Adoption of smart speakers from Amazon and Google is boosting the market.

27% of U.S. Broadband Households Own at Least One Smart Speaker

May 18, 2018 by audioXpress Staff

27% of U.S. Broadband Households Own at Least One Smart Speaker

Parks Associates' new report "Global Connected Living Outlook: Expanding IoT Momentum" reports 27% of U.S. broadband households own at least one smart speaker, and that nearly 40% of consumers planning to purchase a smart home device find interoperability with either Amazon or Google personal assistants is important. Parks Associates's research on Home Security also reveals that 75% of home security installations in 2017 included smart control features.

Smart Home Devices and Appliances - The Battle of the ‘Smart Home’ Trojans Continues

May 3, 2018 by Futuresource Consulting

Smart Home Devices and Appliances - The Battle of the ‘Smart Home’ Trojans Continues

Futuresource Consulting released a new consumer electronics (CE) consumer study about "Smart Home Devices and Appliances: Consumer Ownership and Attitudes." The study took representative households across the UK, France, Germany and the US and assessed ownership, perceptions and use of smart home and smart appliances. The report reveals key triggers and obstacles surrounding the development of this market, which has demonstrated strong double digit growth of around 40% year-on-year between 2016-2019.

Smart Speakers Drive Music Consumption, Key Takeaways from Insightful BPI and ERA Event

March 23, 2018 by David Sidebottom

Smart Speakers Drive Music Consumption, Key Takeaways from Insightful BPI and ERA Event

It could be argued that the proliferation of smart speakers in the last 2 years has heralded the biggest evolution of music consumption we have seen since the launch of the iPod, iPhone or even CD. The BPI and ERA held an event in London on Tuesday 20th March 2018, that tackled the smart speaker impact on music consumption. Futuresource was proud to be on the bill, alongside several esteemed industry leaders and experts.

New Market Report on Voice Assistant Opportunities in Consumer Electronics

March 8, 2018 by audioXpress Staff

New Market Report on Voice Assistant Opportunities in Consumer Electronics

Market research firm Futuresource Consulting announced the latest edition of its "Voice Assistants in Consumer Electronics" report. Voice Assistants (VAs) are being integrated into an increasing number and variety of connected consumer devices in multiple markets and are on course to develop as a major user interface over the next 2-3 years, according to this latest report, which leverages new industry and end-user research to assess the size and shape of the market at a worldwide and regional level.

New Juniper Research Report Forecasts Smart Audio Hardware Revenues to Grow by Over 300% in the Next 5 Years

December 13, 2017 by audioXpress Staff

New Juniper Research Report Forecasts Smart Audio Hardware Revenues to Grow by Over 300% in the Next 5 Years

A new report by Juniper Research predicts that revenues from smart audio devices like the Amazon Echo and Sonos One will grow from an estimated $2.5 billion in 2017 to over $10 billion by 2022, as more audio brands integrate voice assistants into their devices. With competition heating up in the smart speaker space, the new research, "Smart Audio Devices: Strategies & Forecasts 2017-2022", looks at Amazon’s main challengers.

NPR and Edison Research Release New Report on Smart Speakers

September 26, 2017 by audioXpress Staff

NPR and Edison Research Release New Report on Smart Speakers

When NPR and Edison Research released The Smart Audio Report in June 2017, one thing was clear: Voice-activated smart speakers are becoming a must-have device in American homes. The original report revealed that 42% of smart speaker owners consider their device "essential" to everyday life and 65% wouldn't want to go back to life without one. Now available now NPR and Edison Research, a second part of the report reveals how smart speakers influence purchase behavior.

Home Audio Revenues on Target to Grow 17% in 2017

July 26, 2017 by audioXpress Staff

Home Audio Revenues on Target to Grow 17% in 2017

A new report from Futuresource Consulting shows the home audio market continues to outpace the wider home electronics market, thanks in great part to the success of smart and wireless speakers, and soundbars. Futuresource's new Worldwide Audio Report highlights that Amazon commands 90% of smart speaker’s sales as well as other key trends. However, the story is not so good for many legacy categories such as hi-fi systems and loudspeakers and home-theatre-in-a-box systems.

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