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Wireless

Smart home market to rise to USD 155 bln by 2023 - study

Thursday 31 May 2018 | 09:07 CET | News
The worldwide smart home market rose 16 percent year on year to USD 84 billion in 2017 and is set to continue climbing to nearly USD 96 billion in 2018, according to a report from Strategy Analytics. Looking ahead, global consumer spending on smart home devices, systems and services will grow at 10 percent CAGR to USD 155 billion by 2023, boosted by increasing adoption of smart speakers from Amazon and Google.

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Categories: Mobile & Wireless
Companies: Amazon / Deutsche Telekom / Google / LG U+ / Panasonic / Samsung / Telstra / Xiaomi
Countries: World
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