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Market Research Report

Worldwide Smart Home Device Forecast, 2021-2025

Published by IDC Product code 986479
Published Content info 19 Pages
Delivery time: 1-2 business days
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Worldwide Smart Home Device Forecast, 2021-2025
Published: February 2, 2021 Content info: 19 Pages
Description

This IDC study provides a five-year forecast for the worldwide smart home device market."The worldwide market for smart home devices and services remains resilient despite the COVID-19 pandemic," says Adam Wright, senior research analyst for IDC's Smart Home research program. "The market has lost some ground in 2020 compared with prior forecasts - a result of supply-side constraints, high unemployment, and lockdown measures, among other factors - but nevertheless, we anticipate positive year-over-year growth moving forward across all device categories. As consumers shift their spending priorities from other areas such as vacations, travel, and going out to eat, smart home devices have remained broadly popular."

Table of Contents
Product Code: US47298220

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Shipments Forecast by Device Type
  • Shipments Forecast by Value
  • Shipments Forecast by Region
  • Shipment Value Forecast by Region

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Rising Broadband Penetration Rates
      • Smart Assistants
    • Inhibitors
      • Privacy/Security Concerns
      • Costs of Devices and Services
      • Coronavirus and Economic Turmoil
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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