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Smart home shipments to Europe rise 17.8% to 22 mln in Q2 - study

Tuesday 1 October 2019 | 11:23 CET | News
The smart home market in Europe reached 22 million units in the second quarter, up 17.8 percent from the year before, according to the latest study from IDC. Central and Eastern Europe (CEE) saw the biggest jump, at 43.5 percent, but Western Europe is still the bigger market, accounting for 86.7 percent of total volume. For the full year, the European smart home market is expected to hit 185.5 million units in 2023, from 107.8 million this year, growing at a CAGR of 14.5 percent. Video entertainment and smart speakers will make up 65 percent of shipments in 2023. 

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Categories: Mobile & Wireless
Companies: Amazon / Google / LG / Samsung / Sony
Countries: Eastern Europe / Europe
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