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β€‹β€‹πŸ—£ The State of Chinese Voice Assistants

China is the second-largest consumer market in the world, hitting $4.3T in consumer expenditure in 2016 alone (for reference, the US ranked first with $12.5T, and Japan third with $2.7T).

The Chinese smart home market will reach nearly $23B in 2018, according to Juniper Research. #SmartSpeakers and #AI voice assistants are becoming an integral part of that.

Now that smart speakers are becoming commonplace, the early entrant, #Amazon, is losing its market share β€” and not just to its rival #Google, but to newer players emerging in China.

πŸš€ @PerspectiveIX via CBInsights.

❓ Do you own a smart speaker?
πŸ”ˆ Most Common Smart Speaker Usage

People are doing plenty of things with voice commands on their #SmartSpeakers, but shopping isn’t really one of them. Only about a quarter to a third of U.S. smart speaker owners have ever purchased something using voice. Very few do so on a regular basis. An Information article this summer said just 2 percent of #Alexa owners had made a purchase via Alexa in 2018.

πŸš€ @PerspectiveIX via Recode.

❓ Do you own a Smart Speaker, like Apple HomePod, Google Home, Amazon Echo, etc?