Smart home device shipments to rise 30% this year to 643.9 mln - IDC

Tuesday 2 October 2018 | 14:51 CET | News
Smart home device shipments are expected to reach 643.9 million this year, up 31 percent from the year before, according to the latest study from IDC. By 2022, shipments will hit 1.3 billion, with a five-year CAGR of 20.8 percent. Privacy and security concerns remain one of the key inhibitors to adoption but IDC believes the convenience of smart home devices will outweigh concerns and is therefore maintaining its positive outlook for the market.

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Categories: Mobile & Wireless
Companies: Apple / Google / Roku
Countries: World
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