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Smart Homes

Smart Homes

Google overtakes Amazon to lead the European Smart Home market in 1Q19

Via IDC

Jul 1, 2019

LONDON, July 2, 2019 — In the first quarter of this year, the smart home market in Europe grew 23.9%, reaching 21.3 million units shipped to the region, according to data from International Data Corporation's (IDC) Worldwide Quarterly Smart Home Device Tracker. Western Europe is responsible for 88.3% of the region share, but Central and Eastern Europe had the biggest increase (31.2% year over year).

Smart speakers grew 58.1% to 3.35 million units shipped, accounting for 15.8% of the market, making it the second largest product category. In this space, Google Home devices were responsible for 45.1% of smart speakers shipped, opposed to 41.8% from Amazon Echo devices.

"Google had a stellar quarter and was the clear winner in the first quarter, reaching an important milestone in Europe," said Antonio Arantes, senior research analyst for Smart Home devices in Western Europe. "Google continues to expand to new countries and support new native languages at a faster pace than Amazon. This is also contributing to strengthening its position in voice assistant platforms. Google Assistant was present in 49.2% of all smart speakers sold in Europe in the first quarter of 2019. Meanwhile, Amazon faced supply issues, with the Amazon Echo Dot being out of stock in some countries for several weeks, leaving space for Google Home products to grow."

The smart home market is forecast to reach 107.8 million units in 2019, growing 21% from the previous year, and to reach 183.9 million in 2023, with video entertainment and smart speakers being the two main categories in this space.

Category Highlights

Video entertainment devices, which include smart TVs and digital media adapters, shipped 12.7 million units in 1Q19, increasing 11.2% annually. Smart TVs are still the biggest product in this category.

The smart speaker category had its best first quarter of the year since launching in Europe. Even though Google Assistant reached the leadership in this category in 1Q19, it is expected that Alexa will remain the number one voice assistant in 2019, only being surpassed by Google AI Platform in 2022.

Lighting, home security/monitoring and thermostats accounted for 20.8% of the smart home market in 1Q19. The three categories combined are expected to grow 9.5 p.p. in market share with a compound annual growth rate (CAGR) of 27.11% between 2019 and 2023. These categories will grow as a result of the adoption of smart speakers by more consumers and the desire and curiosity of controlling devices through voice.

Related Topics
  • Announcement,
  • Europe,
  • IDC,
  • Internet of Things,
  • Smart Homes,
  • Tracker

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This content extract was originally sourced from an external website (IDC) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

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