According to an analysis report by research firm Counterpoint, global smart speaker shipments will increase significantly in the next few years, and the market is expected to grow at a compound annual growth rate of 21% from 2020 to 2025.
It said that the main reason driving the rapid growth of the smart speaker market is the global popularity of smart homes, including a series of smart products such as smart home appliances, smart door locks, curtains, lights, etc. At the same time, the development of artificial intelligence and machine learning, the participation of Internet technology giants such as Google, Amazon, and Apple, the addition of touch screen speakers and the large-scale emergence of cheap products are also important factors driving the rapid growth of the global smart speaker market.
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