Strategy Analytics: Amazon, Google not the Only Digital Assistants in Smart Homes
BOSTON--(BUSINESS WIRE)--Jun 12, 2018--The rules of engagement between smart home companies and digital assistant ecosystems are changing as smart home market growth continues, highlighting areas of opportunity – and caution – for device manufacturers, service providers, and digital assistant platforms alike according to a report just released by. According to the report, “”, how companies approach collaborating with digital assistant providers and integrating with these ecosystems will dictate their success or challenges in the smart home market, and the risk-reward analysis is a delicate balancing act.
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Digital Assistant Ecosystem: Competitive Landscape (Graphic: Strategy Analytics)
“Digital assistant ecosystems such as Amazon Alexa, Google Assistant, Alibaba AliGenie, and Baidu Duer are growing at a fever pitch,” said Bill Ablondi, director, Strategy Analytics’ Smart Home Strategies research service. “It is no longer a question of whether smart home companies are part of a digital assistant ecosystem, but to what extent they are part of it.”
Assessing how to navigate among digital assistant ecosystems and the roles partnerships will play to create opportunities or address challenges will help companies bolster their smart home strategies and better align them to shifting market dynamics.
“The number of brands supported is a solid metric for smart home device companies and service providers to consider when developing their digital assistant ecosystem partnership strategies,” said Jack Narcotta, senior industry analyst, Strategy Analytics’ Smart Home Strategies research service and author of the report. “However, we believe there are potentially more significant factors for these companies to consider when evaluating such a partnership, such as assessing how large the roles digital assistant providers will play in a company’s smart home business model.”
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success.
For more information about Strategy Analytics Smart Home Strategies Service: Click here
View source version on businesswire.com:https://www.businesswire.com/news/home/20180612005994/en/
CONTACT: Strategy Analytics
Bill Ablondi, +1 617-614-0744
Jack Narcotta, +1 617-614-0798
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE INTERNET SOFTWARE AUDIO/VIDEO SECURITY MOBILE/WIRELESS PROFESSIONAL SERVICES CONSULTING
SOURCE: Strategy Analytics, Inc.
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