Smart-Speaker Volumes Expected to Jump Next Year

Evan Niu, CFA, The Motley Fool
·3 min read
Smart-Speaker Volumes Expected to Jump Next Year
Smart-Speaker Volumes Expected to Jump Next Year

Smart speakers continue to enjoy growth, despite the macroeconomic impacts of the COVID-19 pandemic, and that growth is expected to continue in the years ahead. Amazon.com (NASDAQ: AMZN) continues to be the dominant player with its Alexa-powered lineup of Echo devices, with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google maintaining its No. 2 position. Apple (NASDAQ: AAPL) is lagging by a significant margin, but the Cupertino tech giant is hoping that its new $99 HomePod Mini will sell better than the larger variant.