Market Share of Smart Display Industry
The smart display market is relatively concentrated, as some major players hold a substantial market share. The demand for advanced features in smart displays is expected to offer opportunities for market growth. This factor is also encouraging new companies to enter the market. The companies are launching new products and collaborating with other companies to expand their presence. Key players are Amazon.com, Inc, Google, LLC, etc. A few developments are:
In May 2022, the Division of Alphabet Inc., Google continually improves its smart displays by adding unique capabilities. Google integrated a "Look and Talk" feature into the Nest Hub Max smart display. Users can operate this feature to activate the microphone for orders without utilizing the "Hey Google" keyword by looking at the onboard camera.
Smart Display Market Leaders
Amazon.com, Inc.
Google LLC (Alphabet Inc.)
Facebook Inc.
JBL ( Harman International)
Lenovo Group Limited
*Disclaimer: Major Players sorted in no particular order
