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Worldwide Smart Home Device Forecast, 2024–2028

Publisher IDC
Published Jan 26, 2024
Length 17 Pages
SKU # IDC18458215

Description

Worldwide Smart Home Device Forecast, 2024–2028


This IDC study provides the worldwide smart home device forecast for 2024–2028.“The smart home market is expected to continue to struggle in 2024 as a combination of unresolved macroeconomic headwinds and waning consumer demand put significant downward pressure on the market,” said Adam Wright, research manager, IDC’s Smart Home and Office Devices research. “While some regions and device categories are expected to perform better than others, the value proposition of the market as a whole is beginning to be challenged as consumer interest is waning and early deployments are stoking frustrations as devices and services are failing to deliver.”

Please Note: Extended description available upon request.

Table of Contents

17 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Shipment Forecast by Device Type
Shipments Forecast by Value
Shipments Forecast by Region
Shipment Value Forecast by Region
Market Context
Drivers and Inhibitors
Drivers
Increasing Device Compatibility and Interoperability
Artificial Intelligence
Inhibitors
Upfront and Ongoing Costs
Privacy/Security Concerns
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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