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IDC FutureScape: Worldwide Consumer DX and Home IoT 2019 Predictions

Published by IDC Product code 574556
Published Content info 17 Pages
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IDC FutureScape: Worldwide Consumer DX and Home IoT 2019 Predictions
Published: October 31, 2018 Content info: 17 Pages
Description

This IDC study examines how 10 innovation forces will shape the consumer technology market over the next three years."Consumer digital transformation (DX) continues to drive new devices, services, technologies, and experiences," says Adam Wright, senior research analyst with IDC's Consumer IoT research team. "As legacy business and service models erode in the face of emerging technologies, particularly in the home IoT sector, businesses need to make bold decisions to embrace emerging technologies and enable new user experiences to compete for a greater share of the consumer market. Decision makers at consumer companies must embrace change and not be held hostage to either legacy technologies and business and service models or the challenges of meeting consumer demand in nascent, unproven markets."

Table of Contents
Product Code: US44387118

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

  • Summary of External Drivers
  • Predictions: Impact on Technology Buyers
    • Prediction 1: In 2019, the Proliferation of Smart Assistants Will Result in a Year-Over-Year Increase of up to 16% in Smart Home Device Sales Worldwide
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 2: In 2020, the Average Number of Paid Subscriptions per OTT Video Service Subscriber Will Top Three
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 3: By 2021, More than 53% of Smartwatches Shipped Worldwide Will Be Cellular Connected
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 4: By 2021, 45% of Hits in Global Music Pop Charts Will Be Written by AI Machines
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 5: eSports Revenue Worldwide Will Reach $3 Billion in 2021
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 6: By 2023, 45% of Digital Consumers Globally Will Use Localized Versions of Digital ID Key Systems
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 7: By 2023, More than 35% of All Video Advertising Sales Worldwide Will Be Based on Blockchain Technology to Combat Fraud and Arbitrage
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 8: By 2023, Over 1 Billion People Annually Will Visit at Least One Commercial Location with a VR Installation, with over 10% Trying It, Seeding Interest in a VR Purchase for the Home
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 9: By 2024, More than 70% of User Interactions with Smart Home Devices Will Be Conducted via Touchless Interfaces
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 10: By 2024, 17% of Smart Homes Will Leverage Smartwatches as a Primary Data Source to Enable Home Automation
      • Associated Drivers
      • IT Impact
      • Guidance

ADVICE FOR TECHNOLOGY BUYERS

  • Our predictions address critical facets of the consumer market. IDC offers the following guidance to IT buyers, marketers, and product executives:

EXTERNAL DRIVERS: DETAIL

  • Next Chapter of DX: Technology-Driven Transformation Altering Business and Society
  • Platforms, Platforms, Platforms: Industry Competes for Innovation at Scale
  • Sense, Compute, Actuate: Turning Data into Value
  • Global Information Crisis: Political, Social, and Economic Disturbance
  • Emerging Autonomy: Learning to Live with AI
  • Cyber Insecurity: Theft, Cyberattack, and Negligence Create a Crisis of Digital Trust
  • Rising Customer Expectations: More Convenience, Customization, and Control

Learn More

  • Related Research
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