A smart speaker is a wireless device that uses several types of connectivity for added features and smart audio playback. The study focuses on smart speakers that are available with and without displays. The study's focus is on gadgets that work with virtual assistants, and the category ""Several Virtual Assistant Support Speakers"" is reserved for gadgets that support multiple virtual assistants. The paper examines the top market players and the current market environment for smart speakers, wearables, and gateways/hubs.