Commentary
Speakers Pushing Smart Home Market To 800 Million Devices
- by Chuck Martin , Staff Writer, February 1, 2018
The number of smart home devices continues to rise and now it’s projected that there will be 800 million in the U.S. within four years.
The size of the smart home market is being pushed along quite nicely by smart speaker adoption, with nearly 1 billion projected to ship globally, according to a new forecast.
Overall, there will be 55 billion IoT devices installed around the world by 2025, according to the study by BI Intelligence.
The smart speaker market is dominated by Amazon’s Echo and Google’s Home lines of product, but Amazon and Google won’t be alone in the smart speaker market.
Microsoft launched a smart speaker called Invoke for its Cortana voice assistant, Samsung’s Harman-Kardon is likely to dial in with Samsung’s Bixby voice assistant and Apple will join the smart home speaker market with the launch of its HomePod this month.
Smart speakers will gradually transform into one of many peripheral devices around the central voice assistant, according to BI Intelligence.
Smart speakers are also a driver for more smart home products, since they can relatively easily control other smart devices, such as lights and thermostats, and several at time.
Smart home devices still appeal more to tech-savvy consumers but are starting to move to average users, according to the study.
Companies are looking to attract early adopters to try their devices, essentially relying on them for free marketing to others, since early adopters tend to show off their devices to friends and family, according to the study.
At least early adopters now have more smart speakers entering the market, making their job easier.
Chuck Martin is Editor of the AI & IoT Daily at MediaPost and writes the daily Connected Thinking column. He is a NY Times Business bestselling author and his latest book is “Digital Transformation 3.0” (The New Business-to-Consumer Connections of The Internet of Things.) He is CEO of Net Future Institute and a frequent keynote speaker internationally. Follow him on Twitter @chuckmartin and contact him at Chuck@MediaPost.com.
Are these the same people who project Global Warming with computer models?
Come on, 800 million? we have 325 million people, that's 2.46 speakers per person for everyone in the US. Someone's gonna have 4.92 speakers, cause I will never own any.
Smart home devices still appeal more to tech-savvy consumers but are starting to move to average users, according to the study.
Maybe the "average user" is more Real-Life savvy, not too lazy to find information, and Co-dependent on having a smart phone welded to their face.
It's all about the marketers. "Look at all the face time we can use for ads"
PATHETIC. Just like having a reality TV camera crew around 24 hrs a day.....AND YOU INVITED THEM.
Alexa reports to man of the house: "Your wife just yelled out "Oh Jerry". I thought your name was Bob" (REPEAT COMMENT)
The 800 million is the number of overall smart home devices, not only speakers, Mark. Speakers will be a subset of that, and voice will be integrated with many more devices than just speakers.