Voice Shopping will Explode to $40 Billion by 2022

IMG_9269Currently only 10-13% of homes in the US and UK have smart (Voice Controlled) speakers which generate $2 Billion a year from voice initiated online sales.


According to a Study from OC&C Strategy Consultants Voice Shopping is going to explode to $40 Billion per year by 2022 in the US and UK markets.

Amazon is predicted to dominate the voice controlled smart device category with a market penetration of 55%.  Currently the penetration of Smart Speakers is only 13% for Amazon, 4% for Goggle Home and 2% for Microsoft Cortana.  Apple’s HomePod with Siri has just been released however given it’s price and market delay, HomePod is not expected to be a small niche player in the Smart Speaker Space while Amazon Echo and Alexa enable products will continue to dominate for the foreseeable future.

Source:  OC&C Strategy Consultants: 



This entry was posted in News and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s