Read-time: 3 minutes; 5 if you watch the videos
Unless you've been hiding under a rock, you already know that Alexa* is Amazon’s virtual personal assistant that is gaining a massive following and importance in the marketplace. With over 30,000 skills, Amazon is aiming to make your life, and how you interact with your home, easier with voice-requested (and response) services. Check out what they're doing with hand-free home entertainment & streaming:
This is Gonna be HUGE!
Alexa is just one of a suite of smart home technologies that have emerged in the past few years, and the numbers are staggering! Here are a few data points:
- In 2018, the smart speaker market is expected to be worth $2.68 billion
- The smart speaker market is expected to grow at 34.4% CAGR until 2023
- Amazon owns 52% of the smart speaker market share
- Amazon has sold more than 20 million Alexa enabled devices through Q3 2017
And this isn't just Amazon doing damage - Google is gaining ground quickly with their Home and Home-mini devices.
"Smart speakers continue to be the world’s fastest-growing consumer technology segment, with year-on-year growth in Q1 2018 of 210% as shipments reached 9 million units." - Canalys, May 2018