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Worldwide Smart Home Monitoring and Security Device Forecast, 2023–2027

Publisher IDC
Published Feb 03, 2023
Length 15 Pages
SKU # IDC17695360

Description

Worldwide Smart Home Monitoring and Security Device Forecast, 2023–2027

This IDC study provides worldwide smart home monitoring and security device market forecast for 2023–2027."The worldwide market for smart home monitoring and security devices remains robust despite downward pressure on shipments due to economic volatility in many parts of the world," says Adam Wright, research manager for IDC 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. Some regions like North America are nearing a saturation of installed base, putting further downward pressure on growth, but other regions like Asia/Pacific are showing high growth as broadband penetration increases and consumer interest begins to rise."

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

Pricing

Currency Rates
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