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Consumer tech revenue projected to grow 4% to $351 billion, helped by streaming and smart speakers

The Consumer Technology Association has released new projections for tech sales in the U.S. Retail revenue from the consumer technology industry in 2018 is estimated to reach $351 billion, up 3.9% from the previous year. The report, released ahead of this week’s Consumer Electronics Show in Las Vegas, also examined some product segments of interest, such as streaming and smart speakers. Continue Reading

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56.3 million smart speakers projected to ship globally in 2018

Smart speakers are projected to reach 56.3 million global shipments this year, according to research by British firm Canalys. Amazon Echo and Google Home devices are expected to stay at the top of the field, but more products will likely enter the competition. The United States is expected to be the top market with an estimated 38.4 million units in 2018 and will likely remain at the top through 2020. Continue Reading

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Survey: 61% of smart speaker owners plan to buy another one this holiday season

With the holiday shopping season now upon us, the top tech toys are in position to make a lot of sales. The smart speaker niche seems likely to be a strong performer at the end of 2017. Jacobs Media Strategies, jācapps, and Sonic Ai have collaborated on a survey into consumer sentiment toward voice-activated smart speakers going into December. Continue Reading

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Apple drops out (and here’s why) as smart speakers enter crucial holiday season

The news that Apple has withdrawn its timetable to launch the HomePod smart speaker this year is a final buttoning down of the holiday lineup of smart speakers, as we enter Black Friday week. The broken promise of a Q4 launch is certainly disappointing to Apple loyalists who are deep into the ecosystem. Was the HomePod squeezed out of its market position by a surprise maneuver by Sonos? Continue Reading

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Survey: Smart speaker owners use them for music listening (and lots of it)

The Music Business Association (Music Biz) hosted a webinar to share data into smart speaker ownership. Of the more than 3,000 U.S. participants in its September music consumption survey by AudienceNet/LOOP, 10% said they owned an Amazon Echo and 3% owned a Google Home. The results shows a strong correlation between smart speaker ownership and use of the device for music consumption. Continue Reading

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Survey: Radio ownership is dwindling and there’s no clear replacement (yet)

Integr8 Research conducted a survey to explore radio ownership trends and whether the emerging smart speaker product segment is growing into a replacement for radio sets. The company surveyed more than 3,000 radio listeners aged 15 to 39 who are dedicated to a local genre station. Ownership of radios appeared shaky. Continue Reading