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U.S. Smart Home Monitoring and Security Device Forecast, 2023–2027

Publisher IDC
Published May 15, 2023
Length 13 Pages
SKU # IDC17955483

Description

U.S. Smart Home Monitoring and Security Device Forecast, 2023–2027


This IDC study provides a five-year forecast for the U.S. smart home monitoring and security device market for the 2023–2027 period."Compared with other device segments, the market for smart home monitoring and security devices remains robust despite downward pressure on shipments due to economic volatility," says Adam Wright, research manager for IDC's Smart Home and Office Devices research program. "Consumer demand for smart cameras, locks, doorbells, and other devices is higher than for many other types of smart home devices, despite wallets becoming increasingly squeezed from high inflation and increasing credit card debt."

Please Note: Extended description available upon request.

Table of Contents

13 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Shipments Forecast by Device Type
Value of Shipments Forecast by Device Type
Market Context
Drivers and Inhibitors
Drivers
Rising Broadband Penetration
Confidence in the "Do It Yourself" Approach
Inhibitors
Privacy/Security Concerns
Costs of Devices and Services
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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