New Market Report on Voice Assistant Opportunities in Consumer Electronics

Market research firm Futuresource Consulting announced the latest edition of its "Voice Assistants in Consumer Electronics" report. Voice Assistants (VAs) are being integrated into an increasing number and variety of connected consumer devices in multiple markets and are on course to develop as a major user interface over the next 2-3 years, according to this latest report, which leverages new industry and end-user research to assess the size and shape of the market at a worldwide and regional level.

A new report from Futuresource Consulting shows the home audio market continues to outpace the wider home electronics market, thanks in great part to the success of smart and wireless speakers, and soundbars. Futuresource's new Worldwide Audio Report highlights that Amazon commands 90% of smart speaker’s sales as well as other key trends. However, the story is not so good for many legacy categories such as hi-fi systems and loudspeakers and home-theatre-in-a-box systems.

Market research and consulting company, Futuresource Consulting recently released a new report in the consumer electronics CE space covering the emerging voice personal assistants (VPAs) category and smart speakers. The report highlights that we are the beginning of a wider market transformation, with voice personal assistants (VPAs) at the heart of a new CE land grab.

The audio industry was once again shaken to its foundations by Apple's announcements at the Worldwide Developers Conference (WWDC) 2017. The product updates and sneak peeks made at this Apple Special Event, on June 5, 2017, were extremely rich in surprising technology revelations, even though its implications might not become clear until a few weeks or months later. After all, the WWDC conference - a developer's conference - is traditionally where Apple builds the foundations for what will be its underlying short-term/long-term strategies, serving mainly to motivate developers and strategic partners.