In less than 5 years, the global smart speaker market is expected to reach 11.8 billion. The growth of this market is driven by rapid proliferation of multifunctional devices, the growing trend of personalization, rising disposable income, and most significantly, the increasing number of smart homes. However, issues related to connectivity range, compatibility, and security may restrain the growth of the smart speaker market.
With Amazon extending their ecosystems through third party products and solutions the impact of these devices will be felt profoundly throughout the entire interconnected ecosystem. Will consumers become as used to shopping through such devices as we are now to shopping online? What is the potential for fraud and other security risks?
As an Amazon-approved lab for performing security assessments of Alexa-enabled devices, UL is ready to support you with all the new security implications in our Amazon Alexa Voice Service (AVS) Security Program.