Amazon Echo Share of Smart Speaker Market Seen Falling to 51% This Year

Amazon Echo’s lead in the worldwide smart speaker market is projected to fall to 51 percent in 2018 from 69 percent last year, said TrendForce Thursday, as Google Home adds to its base and HomePod reaches the market. The research firm predicts Google Home’s share at 21.6 percent behind Amazon Echo products, with HomePod, which hits stores Friday, third at 8.9 percent. Alibaba and Xiaomi are expected to take 6.3 and 5.1 percent of global share on sales in the China market, it said.