Consumers typically purchase wireless speakers to improve their viewing or listening experience and hence as the economy starts to improve people will likely be looking for new and upgraded options. For example, AI and voice activation are innovations that consumers are increasingly looking for with smart speakers able to function as a hub for smart homes as well as providing a convenient way of playing music.
E-readers and portable media players are already small niche areas of consumer electronics with limited interest and declining sales. This situation is unlikely to change with sales likely to continue declining because of the increasing competition from smartphones, tablets, and wireless speakers.
E-commerce is expected to remain a key growth driver for wireless speakers backed by the rising popularity of platforms such as Lazada. These platforms allow shoppers to explore, investigate and compare a wide range of products and brands all from the comfort of their home.
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Portable Players
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