Voice-Controlled Speaker Market Growth Depends on Compelling Use Cases, SA Reports
Smart speaker shipments, reaching 5.9 million units globally in 2016, will grow 10 fold by 2022, with revenue rising to $5.5 billion, Strategy Analytics reported Monday. Amazon's Echo dominates, but competition will heat up this year as Google Home enters…
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its first full year of sales and others begin to build mics and virtual assistant platform-compatibility into products, the researcher said. Conversational, hands-free interaction with the internet is “very compelling,” analyst David Watkins said. With Amazon’s $50 Dot an “impulse" buy, cost isn’t expected to be a barrier to entry, analyst Bill Ablondi said.