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Latin America Smart Speaker Market to Shore Up Significantly During 2022-2027, Driven by Rising Demand among Tech-Savvy Generation

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado Latinoamericano de Altavoces Inteligente, Informe y Pronóstico 2022-2027′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como el asistente virtual inteligente, componente, aplicación y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Smart Speaker Market 2022-2027’, gives structured insights into the market, examining its diverse segments and key variables such as intelligent virtual assistant, component, applications, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2017-2027)

• CAGR para el período de pronóstico (2022-2027): 1,20%

El mercado latinoamericano de altavoces inteligentes se estimó con un valor medio de mercado de 661 millones en 2021. El efecto de la creciente tendencia de los hogares inteligentes y la rápida proliferación de dispositivos multifuncionales y versátiles están aumentando el crecimiento del mercado de altavoces inteligentes en América Latina. Además, la variada demanda de “Generación Z”, conocedores de la tecnología está proporcionando una hoja de ruta de oportunidades a los potenciales participantes para entrar en el mercado para los ingresos racionalizados.

Incluso, los avances tecnológicos y el aumento de la penetración de las redes basadas en Wi-Fi están induciendo a los clientes a exigir más y estimular el crecimiento del mercado de los altavoces inteligentes. La fuerte base de consumidores está ayudando a la expansión del mercado y a las perspectivas del mismo a través del aumento del poder adquisitivo y la personalización. La necesidad y la popularidad de los altavoces inteligentes en América Latina está estructurando la cadena industrial de ventas y su rango de precios.

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Industry Definition and Major Segments

A smart speaker is a portable device that is handled virtually by a voice assistant and has Wireless and Internet connectivity. It can play audio files, schedule alarms, deliver real-time data and information, and link with other smart gadgets or devices. It serves as the hub for smart homes and makes use of Artificial Intelligence (AI), a cutting-edge technology.

On the basis of intelligent virtual assistant, the market is segmented into:

• Alexa
• Google Assistant
• Siri
• Dueros
• Aligenie
• Xiao AI
• Other

By component, the industry can be bifurcated into:

• Hardware
• Software

Product applications include:

• Smart Home
• Consumer
• Smart Office
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The Latin American smart speaker market is showing strong growth prospects due to advanced functionality and integrated virtual assistant technology. GenZ and their insinuating demand patterns to choose conventional and convenient smart home appliances are providing an extension to the smart speakers coupled with a positive financial outlook of the market in Latin America. Moreover, the advanced technology and its growing dynamism are amplifying the quick production approaches for smart speakers to fulfill the excess demand.

With the introduction of AI technologies, the rise in the proliferation of versatile and multifunctional devices is evident which is setting the consumers’ expectations in product development at the ascended slab. Altogether, the rise in market share of the smart speakers market in Latin American regions is anticipated with the high number of smart users and their desires for customisation in technological devices. Thus, all these qualitative and quantitative factors are developing the business scope and amplifying the smart speaker market in Latin America.

Key Market Players

The major players in the market are:

• Amazon.com, Inc.
• Alibaba Group Holding Limited
• Alphabet Inc.
• Xiaomi Corporation
• Apple Inc.
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Email: sales@informesdeexpertos.com
Toll Free Number: +1 (818) 319-4060
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.informesdeexpertos.com/

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.