Jan 28, 2021 12:00 PM (GMT+8) · EqualOcean
According to IDC's monthly tracking report on China's smart speaker equipment market, in 2020, the sales volume of the smart speaker market was 36.76 million units, a year-on-year decrease of 8.6%; among them, the smart speaker with screen accounted for 35.5%, a year-on-year increase of 31.0%. The overall market decline was mainly affected by the epidemic situation, channel adjustment and limited application scenarios. In 2020, the competition pattern of China's smart speaker market is still in the top three competition situation, with the sales volume accounting for more than 95% of the market share. The competition between Alibaba's tmall Genie and Baidu's small smart speakers is particularly fierce.