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Europe Smart Speaker Market Forecast 2019-2027

Key Findings
The CAGR of the European smart speaker market between 2019 and 2027, is expected to be 25.38%. The European smart speaker market will continue to escalate in terms of revenue and is projected to reach $ xx million by 2027.

Market Insights
The overall network infrastructure for the growth of smart speakers in Europe is favorable for the smart speaker market. The average internet penetration of the total population in European countries is quite high while the penetration of smart home devices is moderate. The potential for the growth of adoption of smart speakers is huge in the United Kingdom. Consumers in the European Union, however, have relatively higher concerns regarding the privacy of data as compared to the UK, considering the recent data privacy scandals that have happened.

Competitive Insights
Prominent companies involved in the European smart speaker market are Alphabet Inc., Sonos, Lg Corporation, Panasonic Corporation, Pioneer Corporation, Bose Corporation, Amazon.Com Inc., Apple Inc. Xiaomi Corporation Plantronics Inc., Samsung Electronics Co. Ltd. and Alibaba Group Holding Limited.
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Europe Smart Speaker Market Forecast 2019-2027
Published By :Inkwood Research
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