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Have Amazon, Google, Apple and Sony Flooded the Smart Speaker Market?

We look at the unique features of each of smart speaker hoping to land in your living room.

Are there too many smart speakers? Sony ( (SNE) - Get SONY GROUP CORPORATION SPONSORED ADR Report ) is entering the market with a new speaker that recognizes your gestures that also uses Google's voice assistant. Amazon ( (AMZN) - Get Amazon.com, Inc. Report ) became the first company to release a smart speaker with the Echo. Alibaba's ( (BABA) - Get Alibaba Group Holding Ltd. Sponsored ADR Report ) Tmall Genie X1 costs just $73. That's less than most of Amazon's Echo devices. Alphabet ( (GOOG) - Get Alphabet Inc. Class C Report ) jumped in with Google Home powered by its own virtual assistant. Apple ( (AAPL) - Get Apple Inc. (AAPL) Report ) is releasing the Homepod featuring Siri. It also maps out the layout of your room to optimize sound quality. Samsung ( (SSNLF) ) is also using its own Bixby voice assistant in its smart speaker.

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