Smart Speaker Growth Comes Amid Renewed Interest in Music, Futuresource Finds

Smart speakers will account for more than half of global wireless speaker sales 2019-2023, Futuresource reported. The U.S. market had just under half of smart speaker shipments last year. Renewed interest in music consumption and tech advances are driving increased demand for consumer audio hardware, said Wednesday's report. The market for home audio hardware and headphones grew to $50.8 billion in 2019, up from $47.5 billion the prior year.