Editor: Vladimir Bajic | Tactical Investor
Echo dot vs Google Home: The Trend
A new forecast from Forrester predicts that 66.3 million households in the United States will own a smart speaker device by 2022. The report also estimates that 26.7 million households will possess smart home devices other than smart speakers. These numbers suggest a household penetration of 51% and 21%, respectively, for smart speaker and smart home device users in the US. As multiple individuals often share households, the forecast suggests a potential consumer reach of 172.4 million US consumers for smart speaker devices in 2022.. Full Story
56 Million Smart Speaker Sales in 2018
Canalys, a research firm, has predicted that global smart speaker sales will reach 56.3 million in 2018. This is up from an estimated 33 million units shipped in 2017. US smart speaker sales are expected to account for 68.2% of this total, with China as the next largest market at 7.8%. Smart speaker uptake has been faster than any other consumer technology, including VR and wearables.
In 2018 they were expected to move beyond hardware as the industry attempts to monetise the growing installed base through advertising, content subscription bundles, premium services or enterprise solutions.
Despite their success in the US and Western Europe, Amazon and Google are unlikely to find traction in China due to restrictions on their services. Full Story
Amazon Echo Device Sales On Fire
VoiceLabs, a voice analytics platform for Amazon Alexa and the voice analytics launch partner for Actions on Google has seen significant growth in the adoption of voice assistants. The number of consumers using VoiceLabs’ platform increased by 1,500% from November to December, surpassing the one million Echo consumer mark in January. The company predicts that 24.5 million devices will be shipped in 2017, resulting in 33 million voice-first devices in circulation. The 2017 Voice Report provides further insight into the various components of the Voice-First Stack. Full Story
Echo Dot vs Google Home
Article Summary
Business Insider: Google Home is superior for voice recognition, and Amazon has an advantage in e-commerce and smart home device integration.
PC Magazine: Amazon Echo Dot is more affordable, and supports more third-party services compared to Google Home.
Voicebot.ai: Voice assistant adoption grows, and VoiceLabs predicts 33 million voice-first devices by year-end. Over one million Echo users in Jan.
Is Amazon’s echo spying on you?
Other Articles of Interest
Stock Market bull will go ballistic under Trump Administration (Dec 8)
Religious wars being used as pretext to destroy currencies on a Global basis (Dec 7)
Central Banks Prime Directive-Rob the Poor to Pay the Rich (Dec 5)
Brexit on Steroids-Trump Wins Triggers Massive Stock Market Rally (Nov 29)
Unaffordable Obamacre-50 percent cannot afford over 100 per month (Nov 19)
China factory activity at 22-month high & High Tensions in Libya (Nov 15)
Sofia the Humanoid Robot That Looks and Talks Like a Human (Nov 12)
CNBC Tears Down Elon Musk’s Snarky Response To A Coal CEO (Oct 21)
Freedom & Independence-almost extinct & forgotten concepts (Sept 23)
