It wasn't too long ago that the Amazon Echo first hit the market. In the summer of 2015, consumers were first introduced to this brand new product. In March 2016, the first generation Echo Dot and Amazon Tap were added to the Echo family.
Since that time, these Alexa-capable devices have skyrocketed in popularity. Now, more than 8 million people have an Echo device in their home, and there's no end in sight for the potential growth that's possible.
Naturally, after seeing the sudden success of the Amazon Echo, other manufacturers want in on the action. And this could be a good thing. It means that Amazon may begin looking into more opportunities to include Alexa as a built-in feature within other products.
Tip within a tip: Concerned about what your Alexa-enabled device might be overhearing? Click here and we'll show you how to listen to everything the Echo has overheard, and delete it.
One example of this is just making news. A company called Anker has announced its plans to release an Echo Dot-sized speaker that is Alexa capable. But how will this new speaker compare?
Introducing the Eufy Genie
Image: Anker's Eufy Genie speaker
Anker's speaker, which is called the Eufy Genie, will be available as early as August 16. This smart speaker will be a bit bigger than the Echo Dot, but it will only cost half the price: $35.