Thursday in CE: Smart Speakers Market to Reach Half of U.S. Homes by 2022
The smart home itself might be struggling to take off, but that doesn’t mean individual segments of that market aren’t experiencing significant success. Voice-enabled smart speakers are definitely one of those sub-markets.
According to a new report by Juniper Research, devices like the Amazon Echo, Google Home, and Apple HomePod will be in 55 percent of U.S. homes by 2022. That means that more than 70 million households will have at least one smart speaker. Additionally, the total number of installed smart speakers will be closer to 175 million.
What’s crazy, though, is that the number of smart speakers will still pale in comparison to the usage of smart digital assistants on smartphones across the globe by that same year. According to the report, over 5 billion smartphones will have digital assistants installed by 2022. And when you take into account the smartphone, smart speaker, and other devices with smart digital assistants, the total number of voice assistant devices in the U.S. will total more than 870 million, a 95 percent increase from the 450 million estimated to be in use this year.