Google is gaining major ground on Amazon in the smart speaker market

Since snagging an early lead in the smart speaker market with the Echo product lineup, Amazon has maintained its dominance through the second quarter of this year - but it has less breathing room than ever.

As this chart from Statista shows, Amazon is credited with shipping 41% of the 11.7 million smart speakers distributed worldwide this past quarter, with Google coming in second with 27.6% of shipments. Apple came nowhere close to either of its rivals, with the Cupertino-based giant only shipping off 5.9%.

The big takeaway: Amazon's competitors are slowly, but surely, gaining traction in the smart speaker race. The company no longer has as big of a lead as it did in Q2 of last year.

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Shayanne Gal/Business Insider

Get the latest Google stock price here.