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Amazon Is Losing Market Share in the Smart Speaker Market

Amazon Is Losing Market Share in the Smart Speaker Market

While Amazon (AMZN) is a pioneer in the smart speaker market, it seems to be losing market share in the space. A recent report by Strategy Analytics suggests that Amazon sold 4 million smart speakers in the first quarter and had a 43.6% market share, compared with an 81.8% market share in Q1 2017.