TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US48069521
Worldwide Smart Home Device Forecast Update, 2021–2025: CY 3Q21
This IDC study provides a five-year forecast update for the worldwide smart home device market.
"The worldwide market for smart home devices and services remains resilient despite the ongoing uncertainties caused by 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 like vacations, travel, and going out to eat, smart home devices have remained broadly popular."
List of Tables
List of Figures
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.