Smart speakers are taking the tech world by storm, and there’s no stopping their incredible growth. According to recent reports, smart speaker unit shipments rose from 4.1 million in 2018 to over 6.1 million in the US in 2019. This staggering increase means that smart speakers have become the fastest-growing consumer technology, outstripping augmented reality, virtual reality, wearables and other accessories.
The popularity of smart speakers can be attributed to their ability to integrate seamlessly into people’s daily lives. These devices allow users to listen to music, set reminders, and check the weather forecast or news headlines with simple voice commands. In addition, they can also control other connected devices in homes, such as lights or thermostats. With these features and more constantly being added through updates, new product releases and services added in electronics manufacturing, it’s no wonder why so many consumers are opting for smart speakers over traditional audio equipment.
Unit Shipments Rise from 2018 to 2019 in various Major Countries
United States
Smart speakers have taken the world by storm, and their popularity is rising. According to recent reports, In the United States, shipments of smart speakers grew from 4.1 million units in Q1 of 2018 to a whopping 8.3 million units in Q3 of the same year. This represents an impressive increase of over 100% in just one quarter.
The trend continues into 2019, with smart speaker unit shipments predicted to reach 5 million in Q1 and 6.1 million in Q2. These numbers show that consumers embrace voice-activated technology as a convenient way to control their homes and access information hands-free. NPR has a nice report about the US market in particular.
China
According to recent reports, In China, the shipment of smart speakers In 2018 Q1 stood at 1.8 million units, which increased to 5.8 million in Q3 of the same year. The trend continued into 2019 Q1 with an impressive increase to 10.6 million unit shipments and rose to about 12.6 million in Q2.
This growth is largely attributed to several factors, such as advancements made by leading brands like Amazon Echo and Google Home that dominate the smart speaker market worldwide. These brands continue to improve their voice assistants while making user-friendly and affordable products for consumers across different income levels. The brands of smart speakers sold in China are very different from the ones sold in the West.
South Korea
Shipments of smart speakers in South Korea have reached a new high, with 0.73 million unit shipments in the first quarter of 2018. This indicates a significant increase from the previous year’s figures, and it’s clear that consumers are becoming more interested in the technology. The main players driving this growth are Amazon, Apple, and Google – all of whom have released their smart speakers in recent years.
It’s also worth noting that these figures only include standalone smart speakers; they don’t consider devices that can be connected to other systems, such as TVs or home automation hubs. This means that the number of smart devices used in Korean homes is likely much higher than reported.
United Kingdom
The United Kingdom has witnessed a significant rise in smart speaker unit shipments, crossing 1 million units in Q3 of 2018. This data comes as no surprise to industry experts who predicted such growth. The smart speaker market is one of the fastest-growing industries globally and is expected to continue its upward trend well into the future. Even the good old BBC adapted its program to accommodate smart speakers better.
One reason for this rapid expansion is that people increasingly use these devices as a hub for their smart homes. Smart speakers can control everything from lighting to security systems, making them an essential addition to any modern household. Additionally, with voice assistant technology becoming more intuitive and sophisticated, users can expect even better performance and features from their smart speakers. As a result, it’s not only tech enthusiasts but also everyday consumers investing in these products.
Others
According to recent reports, shipments of smart speakers in other countries from the above-given countries grew from 2.73 million units in the first quarter of 2018 to a staggering 4.6 million by the third quarter of that same year. These figures represent a significant increase in demand for these devices, which are becoming increasingly popular among consumers.
Shipments continued to soar in the first quarter of 2019, with over 5.1 million units sold globally. By the second quarter of that same year, this number had increased even further to an impressive 7.4 million units shipped worldwide. It’s clear that the smart speaker market is thriving and shows no signs of slowing down any time soon.
An Overview of the Current Market Situation And its Future
The global market for smart speakers is booming, with a predicted growth of up to 34.24 billion by 2028. These predictions come from industry specialists tracking smart speaker unit shipments and PCB board production in recent years. The market size stands at an impressive 9.05 billion as of 2021, which clearly indicates the widespread adoption and popularity of these devices. There are also white label alternatives for smart speakers that are stock version, which are just rebranded.
Smart speakers are voice-activated devices that can perform various tasks such as playing music, setting alarms, making phone calls, and controlling other smart home devices. They have become increasingly popular in recent years due to their convenience and ease of use. With new technologies like artificial intelligence and machine learning, these devices are becoming smarter and more intuitive daily.
Wrapping Up
I hope you will enjoy this blog and quickly get essential facts about the rise in the unit shipment of smart speakers worldwide. We will also highlight some of the most growable markets in the past and discuss the current market situation and its future.
