According to a CIRP study, Amazon Alexa has a commanding 70 percent market share in the US, with rival Google Assistant taking 24 percent. A Market Research Future study predicts the voice assistant market will reach US$7.8 billion by 2023, a compound annual growth rate of almost 40 percent.
Four years after its founding, human-computer interaction and robotics company Rokid held its first major press conference on June 26 in Hangzhou. Dubbed “Rokid Jungle,” Founder and CEO Misa Zhu quipped that the presser was “a combination of Google IO and Apple WWDC.”
Google and Amazon unveiled mini-sized smart speakers Google Home Mini Chalk and Amazon Echo Dot 2, both priced at less than US$50. Virtual assistants can plug into your environment with a natural human-machine voice interface that used to exist only science fiction.