Smart-Speaker Volumes Expected to Jump Next Year

Smart speakers continue to enjoy growth, despite the macroeconomic impacts of the COVID-19 pandemic, and that growth is expected to continue in the years ahead. Total unit volumes are expected to be approximately 135 million in 2020, according to recent estimates from market researcher Canalys. That's up from 125 million in 2019.

The market is then expected to accelerate in 2021, jumping by 21% to reach 163 million. Here's what investors need to know.

Amazon's new Echo. Image source: Amazon.

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Source Fool.com