Global smart speaker market size was estimated at US$ 4,358 Mn in 2017 and is expected to reach US$ 23,789 Mn by 2026, registering a CAGR of 23.63% during a forecast period. The smart speaker is a wireless speaker enabled by Bluetooth, Wi-Fi, or other wireless protocols and powered artificial intelligence. A primary function of AI in a smart speaker is that it allows the smart speaker to learn about a user’s habits and preferences over time, thus permitting the speaker to process and improve its search responses over time.
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