June 22, 2024
Apple HomePod Captures 6% of the Smart Speaker Market [Chart]

Apple HomePod Captures 6% of the Smart Speaker Market [Chart]

Posted February 5, 2019 at 9:13pm by iClarified
Apple's HomePod captured 6% of the U.S. market as of December 31, 2018, according to research from Consumer Intelligence Research Partners.

CIRP analysis indicates that the US installed base of smart speaker devices is 66 million units, up from 53 million units in the September 2018 quarter and 36 million units in the December 2017 quarter. Amazon Echo has 70% of the installed base, with Google Home at 24% and Apple HomePod at 6%.

“Holiday shoppers helped the smart speaker market take off again,” said Josh Lowitz, Partner and Co-Founder of CIRP. “Relative market shares have remained fairly stable, with Amazon Echo, Google Home, and Apple HomePod accounting for consistent shares over the past few quarters. Amazon and Google both have broad model lineups, ranging from basic to high-end, with even more variants from Amazon. Apple of course has only its premium-priced HomePod, and likely won’t gain significant share until it offers an entry-level product closer to Echo Dot and Home mini.”

Apple HomePod Captures 6% of the Smart Speaker Market [Chart]

CIRP says the number of owners with more than one smart speaker increased significantly in the past year. 35% of owners of all smart speakers as of the December 2018 quarter have more than one, compared to 18% in the year-ago December 2017 quarter.

“Amazon and Google have succeeded in selling multiple units to a single household,” said Mike Levin, Partner and Co-Founder of CIRP. “Their strategies appear to include persuading owners to use smart speakers in multiple rooms, which helps create more active usage of the voice platform. And, Google has mostly caught up to Amazon in this strategy. A year ago, almost twice the percentage of Amazon Echo users had multiple units as Google Home users. Now, about one-third of both Amazon Echo and Google Home users have multiple units.”

Check out the chart below for more details...

Apple HomePod Captures 6% of the Smart Speaker Market [Chart]
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