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Market Research Report

U.S. Smart Home Device Forecast Update, 2019-2023: CY 3Q19

Published by IDC Product code 669448
Published Content info 12 Pages
Delivery time: 1-2 business days
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U.S. Smart Home Device Forecast Update, 2019-2023: CY 3Q19
Published: August 8, 2019 Content info: 12 Pages
Description

This IDC study provides IDC's forecast for the U.S. smart home device market for the 2019-2023 forecast period."The underlying driving force of the market is services," says Adam Wright, senior research analyst for IDC's Consumer Internet of Things research program. "While device elements such as design and reliability are necessary for success, differentiation and margins lie elsewhere. IoT-enabled consumer products are accelerating the consolidation of value in services while diminishing the margins in the devices themselves. The breadth, depth, uniqueness, and quality of data sets will increasingly determine the value potential of a consumer IoT vendor, and as device margins fall, the role of devices will largely be relegated to vehicles for service delivery."

Table of Contents
Product Code: US45410219

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
      • High Broadband Penetration
      • Smart Assistants
    • Inhibitors
      • Privacy/Security Concerns
      • Costs of Devices and Services
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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