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According to the micro speakers market share analysis, extensive industry analysis carried out by the market research analyst at Technavio has shown that the global market for micro speakers will grow at a CAGR of almost 10% by 2021. Much of this impressive growth can be attributed to the recent increase in the number of smart homes in regions like the US, the UK, and Germany.
Smart homes leverage the IoT technologies, such as small wireless speakers, to connect consumer electronic devices, entertainment equipment, and other smart electronics to the home network. The demand for smart homes is driven by the preference for convenience, luxury, and connectivity among the devices. It is also fuelled by government initiatives that promote smart homes for a better living.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Product life cycle
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: Explore Technavio
Tags: smart homes, iot technology, home accessories, electronic appliances, micro speakers market forecast, micro speakers market trends,
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