More than 35 million smart speakers shipped worldwide in Q1 2022, generating $2.1 billion in wholesale revenue. The top 50 best-selling models accounted for almost 90% of total shipments during the quarter, and 30 of the top 50 smart speakers and smart displays sold in Q1 2022 had wholesale prices of $49 or less. Nineteen of the top 50 models were Smart Displays. Q1 2022 showed signs that smart speaker and smart display markets took steps towards a greater level of maturity, which portends further price compression and serves as an indicator portions of these markets are inching towards commoditization.

This report is updated quarterly and provides smart speaker shipment and wholesale market value data for the top 50 smart speaker models worldwide. This report also provides average selling price (ASP) information by model and analyses trends within several price bands.