Market Share of Smart Sound and Gateway Industry
The speaker and hearables market is witnessing an intense rivalry among prominent vendors, such as Amazon, Google, Apple, and many other vendors. Here, vendors are increasingly expanding their device capabilities, accuracy, ability to connect to compatible devices, and enhancing their abilities. The product innovation of leading companies is constant and contributes to the high level of competition.
- Jul 2020- Amazon.com announced a slew of new features for developers who want to write Alexa skills. The team released 31 new features.
- May 2020- Alibaba Group introduced four new smart AI products,namely, the 10-inch home smart screen CC10, the main sound quality of the smart speaker X5, cost-effective Sugar 2 product, and a "velvet blue version" smart beauty mirror for the female users.
Smart Sound & Gateway Market Leaders
Amazon.com Inc.
Google LLC (Alphabet Inc.)
Apple Inc.
Alibaba group holding limited
Baidu Inc.
*Disclaimer: Major Players sorted in no particular order
