3 Oct
2019
If a genie were there to grant your every wish, you would have probably wasted no time to go for the choice. And, one would probably not be wrong to compare smart speakers with a living genie! Smart speakers have become very popular nowadays and you can get to see a wide variety of speakers from a number of different manufacturers.
A number of researches have been conducted and it’s revealed that smart speakers can even improve the lives of the elders. This post is going to discuss how exactly it would be beneficial to the elderly race.
According to Allied Market Research, the global smart speaker market is anticipated to grow at a significant CAGR from 2018-2025. Propagation of smart home devices, increasing craze for multifunctional devices, surge in disposable income and rising proclivity toward technological products among individuals are the major factors accelerating the growth of the market. At the same time, expansion of 5G infrastructure and growing influences of Natural Processing Language (NPL) are expected to create a number of opportunities for the key players in the industry.
As a wireless speaker enabled by Wi-Fi, Bluetooth or other wireless proprieties and driven by virtual assistant, which is further powered by artificial intelligence, smart speaker has now come up as a modern technological innovation trampling on the consumer technology market in more than one way. The fact that it also comes with an activated voice command to bring off several chores has increased its importance even more. Right from online shopping to ordering food, wireless speakers will come to your perfect aid and make sure you experience an awesome account. Also, for the music lovers, it’s going to be an amazing affair; as the speakers would stream music to the individuals themselves.
Moreover, activities like deriving latest news or weather information, cataloguing important activities or integrating the device with several advanced home features, one can perform a lot of other tasks with this smart genie. And, these state-of the-art features would certainly boost the smart speaker industry and give a tough competition to its substitute counterparts. To conclude, we can state that the market is growing quite rapidly and it’s expected to thrive yet more in the years to come.
Rosy Behera
Author's Bio- Rosy Behera holds a bachelor’s degree in Electrical and Electronics Engineering and now she is a content writer by profession. She loves to portray her thoughts and ideas with a nice command of words. Grabbing an audience with her creative write-ups is one of her biggest assets so far. Apart from writing, she is a certified “Odisi” dancer and has done Gardharva in Drawing, Painting, and Arts. She always explores new things through travel and is a big foodie.
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