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Worldwide Smart Home Monitoring and Security Device Forecast Update, 2022–2026: CY 3Q22

Publisher IDC
Published Aug 16, 2022
Length 15 Pages
SKU # IDC17351414

Description

Worldwide Smart Home Monitoring and Security Device Forecast Update, 2022–2026: CY 3Q22

This IDC study provides an updated worldwide smart home monitoring and security device market forecast for 2022–2026."The worldwide smart home monitoring and security market is poised for moderate growth over the next five years," says Adam Wright, research manager for IDC's Smart Home and Office Devices research program. "The market is highly competitive with a myriad of vendors jostling to deliver innovative devices and services at the lowest price, and the value proposition of safety and security continues to be a leading draw for consumers as they assess their smart home interests."

Please Note: Extended description available upon request.

Table of Contents

15 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
Shipments Forecast by Region
Shipment Value Forecast by Region
Market Context
Drivers and Inhibitors
Drivers
Rising Broadband Penetration
Confidence in "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
How Do Licenses Work?
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