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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…

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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.