It's hard to deny that the smart speaker market has become a major focus for tech enthusiasts and companies alike. From Amazon Echo to Google Home, and even Apple’s HomePod, which entered the scene a few years back, it’s clear that this space is gaining momentum. Now, Samsung is also looking to make its mark. DJ Koh, the head of Samsung Mobile, recently confirmed that the company is developing a Bixby-powered smart speaker, with a potential release in the second half of 2018.
**Google Smart Speaker Series**
According to a recent report by OC& C Strategy Consultants, smart speaker sales in the U.S. and the U.K. are expected to surpass $40 billion by 2022. This growth is driven by rising popularity and increasing adoption of these devices. In fact, one in six Americans already owns a smart speaker, showing just how mainstream they’ve become.
What’s more, user satisfaction remains high. A study from Loup Ventures led by Gene Munster found that customer satisfaction with smart speakers is extremely positive, reaching as high as 89%. This level of satisfaction highlights the convenience and value these devices bring to everyday life, making them more than just a trend—they’re becoming a staple in modern homes. As the market continues to evolve, we can expect even more innovation and competition in the coming years.
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