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PUBLISHER: IDC | PRODUCT CODE: 1360547
PUBLISHER: IDC | PRODUCT CODE: 1360547
U.S. Smart Home Device Forecast Update, 2023-2027: CY 4Q23
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PAGES: 13 Pages
DELIVERY TIME: 1-2 business days
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This IDC study provides an updated forecast for the U.S. smart home device market for the 2023-2027 period."Broadly speaking, the U.S. smart home device market is in a slump," says Adam Wright, research manager for IDC's Smart Home research program. "Although some vendors and device categories have performed better than expected, 2023 is proving to be a tough year for growth. Vendors will need to compete aggressively on price and deliver innovative value propositions to help drive consumer demand and stay ahead of macroeconomic headwinds."
Product Code: US51275923
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
- Shipments Forecast by Product
- Shipments Forecast by Value
Market Context
- Drivers and Inhibitors
- Drivers
- Increasing Device Compatibility and Interoperability
- Artificial Intelligence
- Inhibitors
- Privacy/Security Concerns
- Costs of Devices and Services
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
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