Smart speakers top AR, VR and wearables to become fastest-growing consumer tech

#Amazon and #Google were willing to lose money on smart speaker sales over the holidays by discounting their hardware in order to gain market share. The reason? Smart speakers are now the fastest-growing consumer technology – faster than any other recent consumer technology, including AR, VR or… [Read More]

Summary… * Machine-Made


#Amazon and #Google were willing to lose money on smart speaker sales over the holidays by discounting their hardware in order to gain market share.
Smart speakers are now the fastest-growing consumer technology – faster than any other recent consumer technology, including AR, VR or wearables, according to a new report today from Canalys, which pegs smart speaker shipments to top 50 million in 2018.
Specifically, analysts expect the market to grow by 56.3 million this year, with both #Amazon and #Google leading the way via their Echo and Home product lines.
The U.S. will also continue to be the most important market for smart speakers, the report says, with shipments expected to reach 38.4 million in 2018.
“While 2017 has been a banner year for smart speakers in terms of hardware sales, especially for #Google and #Amazon, smart speakers in 2018 will move beyond hardware, with strategic attempts to monetize the growing installed base in the US and beyond,” noted Canalys Research Analyst Lucio Chen.

Opinion… * Man-Made


Smart Speakers are now the fastest-growing consumer technology; faster than any other recent consumer technology, including AR, VR or wearables. #AI #Google #GoogleHome #Amazon #AmazonEcho #Alexa #SmartSpeaker #Trend

Source: Techcrunch