Monday, May 20, 2024
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smart home

Shipments of smart home devices fell in 2022 but return to growth seen in 2023

Smart TVs, which represented the largest category, experienced a 4.3% decline in 2022 due to tough year-over-year comparisons as the market for TVs and other products was extremely strong in 2021 due to Covid-related purchasing.

Smart home devices market grew 11.7% in 2021, says IDC

IDC said driving the market's growth at a global level is rising broadband penetration, rising disposable incomes, and rising consumer awareness of smart home devices and the cost savings, convenience, and energy efficiencies that they can deliver.

Global smart home devices market grew 10.3% in Q3 of 2021: IDC

Despite persistent supply chain disruptions, unemployment, and an uneven economic recovery, consumer demand remained high for smart home devices like smart TVs, smart speakers, and other devices.

Smart home industry leaving billions in data revenues untapped: report

Despite a decade of annual double-digit growth, the smart home market will remain stymied without significant development of its richest resource – smart home intelligence.

Germ concern over shared surfaces to push 30% growth in smart home voice control

A global emphasis on working from home combined with advice to minimize Covid-19 transmission from shared surfaces even within a home, will help cement the benefits of smart home voice control for millions of consumers.

Amazon leads home voice control market, says new report

Amazon created a market with its innovative Alexa platform, but it faces fierce and growing competition from powerful rivals and start-ups alike.
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