Baidu Tops China’s Smart Speaker Market and Enters Top 3 Globally in First Quarter
May 22 2019 - 6:48AM
Baidu, Inc. (NASDAQ: BIDU) ranked No. 1 in China’s smart speaker
market and became a top-three global player with Amazon and Google
in the first quarter of 2019, according to research companies
Canalys and Strategy Analytics, as Baidu’s conversational AI system
DuerOS continues to gain momentum in device shipment and ecosystem
development.
According to Canalys and Strategy Analytics, China
has overtaken the United States as the world’s largest smart
speaker market after seeing about 500% growth year-on-year. For the
first time, Baidu has topped the Chinese market ahead of Chinese
peers Alibaba and Xiaomi. Based on Canalys Smart Speaker Analysis,
Baidu recorded 3.3 millions of units shipped in Q1, taking up 16%
of global share.
Kun Jing, Baidu Vice President and General Manager
of the Smart Living Group, said: “We are thrilled with the progress
we have made in the past year and to see our leading position
recognized. Since 2018, we’ve been improving our systematic
capability in AI hardware, brand building, marketing and sales
channels, with the aim to bring the best products to users. Looking
ahead, we will continue to build products that improve people’s
daily lives and make the complicated world simpler through
technology.”
DuerOS, which powers the smart speakers, has seen
increasing popularity among users and partners, with a stellar
first quarter seeing sales of the Xiaodu series smart devices
surpassing the total for 2018. In March 2019, the DuerOS voice
assistant installed base reached 275 million, up by 279%
year-on-year, and monthly voice queries on DuerOS reached 2.37
billion, up by 817% year-on-year.
Through constant product innovation and user
experience enhancement, the user stickiness of Xiaodu devices has
consistently improved. The service offering in the DuerOS skills
store has been expanded to over 1,100 skills across a wide range of
areas, including long and short video, live video, gaming, online
education and news. The average time users spend on Xiaodu smart
devices, for both smart displays and speakers, is more than one
hour a day.
About BaiduBaidu, Inc. is the leading Chinese
language Internet search provider. Baidu aims to make the
complicated world simpler for users and enterprises through
technology. Baidu’s ADSs trade on the NASDAQ Global Select Market
under the symbol “BIDU.” Currently, ten ADSs represent one Class A
ordinary share.
Media ContactIntlcomm@baidu.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6f16ba07-5ab5-4b03-a303-347b15ef9d01
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