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The global Smart Speaker Market is projected to reach a valuation of US$ 110 billion by 2033, with a projected Compound Annual Growth Rate (CAGR) of 32.5% over the next decade. Smart speakers, equipped with integrated voice assistants, offer a wide range of functionalities and are expected to see significant growth due to increasing adoption of digital technology and the Internet of Things (IoT). Among virtual assistant segments, Alexa is forecasted to experience rapid growth due to its early entry advantage.