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Loyalty or Lock-In? Most Smart Speaker Users Won't Budge From Amazon or Google
Tuesday, January 02, 2018

Quarter of People Expect To Buy Smart Speaker In Next Six Months

BOSTON, Jan. 2, 2018 /PRNewswire/ -- More than two thirds of current owners of Amazon Echo and Google Home smart speakers are planning to buy another smart speaker within the next six months, according to the latest research from Strategy Analytics. The report, Smart Speaker User Survey: Brand Awareness and Ownership, also found that 75% of Amazon smart speaker owners would choose another Amazon speaker, and 69% of Google owners would choose another Google product. The report concludes that, "This may simply suggest high levels of satisfaction, or a recognition that the technical platforms are different and that switching would involve unwanted complexity."

Other key findings from the research include:

    --  24% of respondents already own at least one smart speaker
    --  Amazon and Google account for 94% of all smart speakers in use
    --  More than a quarter of all respondents intend to buy a smart speaker in
        the next 6 months

"The early runners in the fast-growing smart speaker market look set to dominate for some time," says David Mercer, Principal Analyst and the report's author. "High customer satisfaction levels and the possibility of platform 'lock-in' will make it challenging for competitor platforms to carve out significant market share in the near term."

"At this early stage it appears that Amazon and Google are successfully meeting customer needs, in spite of adopting contrasting strategies," comments David Watkins, Director of Strategy Analytics' Smart Speakers service. "This is good and bad news for competitors: it will be tough to dislodge Amazon and Google; but new approaches to smart speaker design and user experience can help win over new customers."

Strategy Analytics will be attending CES in Las Vegas January 9-12 where analysts will be available to discuss the company's smart speaker research in more detail.

Editor's Note: An online survey was conducted by Strategy Analytics' AppOptix platform in the US in December 2017 with 943 Android smartphone users

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com

Contacts: David Mercer, +44 1908 423610, dmercer@strategyanalytics.com

David Watkins, +33 153 409952, dwatkins@strategyanalytics.com

View original content with multimedia:http://www.prnewswire.com/news-releases/loyalty-or-lock-in-most-smart-speaker-users-wont-budge-from-amazon-or-google-300576409.html

SOURCE Strategy Analytics



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