Research: Amazon leads “soaring” smart speaker market
August 16, 2019
Global sales of smart speakers continued to soar in the second quarter of 2019, reaching 30.3 million units, nearly double the same period in 2018, according to research from Strategy Analytics.
With a 21.9 per cent share Amazon remained the leading brand, although its share has fallen from 29.1 per cent in Q2 2018. Google retained second place, followed by Baidu, Alibaba and Xiaomi. Apple’s smart speaker sales increased 81 per cent compared to a year earlier, but its share fell slightly and it remained in sixth place.
David Watkins, Director at Strategy Analytics, commented: “Q2 sales increased in all regions, both year-on-year and quarter-on-quarter, and Asia-Pacific remained the largest region. The continued surge in demand for smart speakers in China has led us to marginally increase our full year 2019 global forecast to 148.8 million units and we now expect the global installed base of smart speakers to exceed 260 million units by the end of the year.”
David Mercer, Vice President at Strategy Analytics, added: “Demand for smart speakers shows little sign of plateauing, even in more mature markets like the US where ownership has now reached 30 per cent of households. Huge potential remains in untapped regions where local language support has been limited. The arrival of language localized devices in large markets like Russia, Mexico and Brazil will support further demand growth in the coming months and years.”