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According to Futuresource Consulting, the audio industry is set to capitalize on new role at centre of the Smart Home. Voice recognition technology is shaking up the CE industry, broadening the horizons of speaker vendors and reinventing the audio device as the gatekeeper of voice, smart home and machine learning. "There is no doubt that the audio industry will play a starring role in the rise of the connected home," says Rasika D'Souza, Senior Market Analyst, audio devices at Futuresource Consulting. "The inclusion of wireless connectivity in audio devices is propelling speakers far beyond simple music playback. Their flexible form factor and primary components for sound pickup and amplification position them in the smart home sweet spot, linking consumers to a supply chain that fulfils many needs and opens the door to value-add services." This year (2016), 6.3 million voice assistant speakers will be shipped globally, generating revenues of $890 million, according to recent research from Futuresource Consulting. Read More



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