According to the RBC, Analyst report has estimated that Google hasn’t only maintained share market but it also increases the dollars percentage like $ 3.4 billion in 2018, their Google Home device revenue percentage also $3.4 billion, actually, it’s healthy 25% profit margin.
Beside of that Google, another product Pixel phone just growing pretty revenue and Google believe that Google Home sold 20 million worldwide and 43 million only for the U.S.
Weather Google had a healthier profit from Pixel phones and RBC also expected the Google Home device sale double in 2020 and expected revenue rise up to $7.5 billion.
The Google Home device has been sold different like 2 billion devices sold in 2016, 15 million in 2017 and also 35 million in 2018, approximately 19.5 million users use multiple devices in the USA.
The alternative category of smartphone market underlines of its markets like Microsoft and its smart devices. The difference between the smartphone platform and smart speakers it just demanding product desire of the customers.
Video Courtesy: The Verge