All items tagged with smart speakers and market research (45)

Worldwide Shipments of Smart Home Devices Continue to Decline in 2023 Due to Lack of Upgrades

June 29, 2023 by audioXpress Staff

Worldwide Shipments of Smart Home Devices Continue to Decline in 2023 Due to Lack of Upgrades

Global shipments of smart home devices continued to decline in the first quarter of 2023 as shipments fell 5.6% year over year to 186.0 million units, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. The lack of new models and noteworthy updates to existing smart speakers, lack of progress in voice assistants, and the transition to the Matter smart home interoperability standard are to blame.

US Smart Speaker Market is Stalling, New Voicebot Market Report Finds

March 3, 2022 by audioXpress Staff

US Smart Speaker Market is Stalling, New Voicebot Market Report Finds

According to Voicebot Research, smart speakers's use at home is stalling, at least in the most mature market, which is the US. According to the company's latest "Smart Speaker Consumer Adoption Report 2022," the US reveals a new trend on how the market is evolving. Following a fast rise to prominence in 2016, and peak adoption in 2019, momentum shifted to what Brett Kinsella, the founder and CEO of Voicebot.ai and Voicebot Research, characterizes as "The Great Stall".

Smart Speaker Shipments Surged to Record Levels

September 15, 2021 by audioXpress Staff

Smart Speaker Shipments Surged to Record Levels

The smart speaker market in the second quarter of 2021 surged to new heights as consumers and brands adapt to the ongoing pandemic, according to the latest research from Strategy Analytics. Even with the looming specters of supply chain challenges, component shortages, and the Delta variant of the COVID-19 virus hanging over the market, global shipments of smart speakers and smart displays in Q2 2021 grew 34.8% from Q2 2020 to 39.5 million units, a record for a second calendar quarter.

Market, Technology, and Trends for Soundbars in Perspective

July 5, 2021 by audioXpress Staff

Market, Technology, and Trends for Soundbars in Perspective

Market research firm SAR Insight and Consulting updated its available analysis on one of the most important speaker form-factors currently in the audio and home entertainment industry. In the company's latest report on soundbars, the company details the technology trends, market growth and competitive analysis in the category. As manufacturers continue to expand the features, consumers also seem to have greater appreciation for soundbars.

Smart Speaker Owners Own at Least One Smart Home Device

April 22, 2021 by audioXpress Staff

Smart Speaker Owners Own at Least One Smart Home Device

New research from Parks Associates reveals a strong correlation between smart speaker and smart home device ownership — 60% of smart speaker owners and/or smart display owners own at least one smart home device, versus 34% of US broadband households overall. The firm's new research, Smart Speaker and Smart Display Market Assessment, identifies key market drivers and barriers in this product category and assesses growth in the smart speaker and display market via topline market forecasts.

Global Smart Speaker Market Set to Reach 163 Million Units in 2021

October 30, 2020 by audioXpress Staff

Global Smart Speaker Market Set to Reach 163 Million Units in 2021

With a slightly more conservative forecast than some published reports from other market research firms, Canalys expects the global smart speaker market, including smart displays, to reach 163 million units in 2021, characterized as a growth of 21%. In 2020, Mainland China, which has the COVID-19 pandemic relatively under control, will lead, growing 16%, while the rest of the global market is expected to grow 3% as countries continue to battle the coronavirus.

Futuresource's Audio Collaborative 2020 Expands as Two-Day Live-Streamed Event

September 14, 2020 by Joao Martins

Futuresource's Audio Collaborative 2020 Expands as Two-Day Live-Streamed Event

Futuresource Consulting is putting together another edition of the company's renowned Audio Collaborative event, which for 2020 will be shifting to an all-virtual experience. With health and safety being of prime importance during the coronavirus outbreak, Futuresource must ensure all co-workers, exhibitors, thought leaders and attendees feel at ease to best experience and deliver the range of fascinating topics lined up. Wednesday 4th and Thursday 5th of November, from 14:00 – 18:00 GMT, Audio Collaborative 2020 will be more global than ever.

Number of Voice Assistant Devices in Use to Reach 8.4 Billion

April 29, 2020 by audioXpress Staff

Number of Voice Assistant Devices in Use to Reach 8.4 Billion

A new report from Juniper Research has found that consumers will interact with voice assistants on over 8.4 billion devices by 2024; overtaking the world’s population and growing 113% compared to the 4.2 billion voice control devices expected to be in use by year end 2020. The value chain for voice assistants and interfaces is rapidly expanding to include more and more players, and device OEMs (from smartphones, speakers and wearables to cars and fridges), system integrators, apps developers and cloud providers are all escalating efforts to provide personalized voice solutions.

Shelter-At-Home to Generate New Consumer Patterns in Headphones and Home Audio

April 9, 2020 by audioXpress Staff

Shelter-At-Home to Generate New Consumer Patterns in Headphones and Home Audio

Parks Associates is predicting that headphones and earphones are likely to experience sales spikes with the world changing to Work at Home, Home Schooling, and Entertainment-In-Place. The company's research highlights the need for enhanced user experience to aid with device integration as audio market shifts from whole-room home theater systems to standalone connected devices. Podcast, music, and news consumption habits are also changing as a result of the current public health crisis with COVID-19.

Growth in News/Talk Format’s Share of Streaming Amid COVID-19 Disruption

March 25, 2020 by audioXpress Staff

Growth in News/Talk Format’s Share of Streaming Amid COVID-19 Disruption

Triton Digital, the digital audio technology and advertising company which continuously monitors user behavior and media consumption in the U.S., released new data around both AM/FM streams and station formats during the COVID-19 disruption, from March 6th through March 19th. Triton and Edison Research also recently published The Infinite Dial 2020 report identifying interesting trends in the use of smart speakers, voice assistants, streaming services and podcasts.

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