Insight: Q2 2024 Smart Speaker Results – Generative AI could revitalize the declining Smart Speaker Market
Discover why global smart speaker and display shipments fell by 3% YoY in Q2 2024, with economic slowdown and inflation affecting consumer demand and production.
As per TechInsights latest Q2 2024 update global smart speaker and display shipments reached 33 million units in Q2 2024, a year-over-year (YoY) drop of 3%. The decline in the smart speaker market can be attributed to several factors, including the global economic slowdown and inflation, which have impacted consumer spending and production.