U.S. Smart Home Device Forecast

U.S. Smart Home Device Forecast, 2020–2024: CY 1Q20

IDC, Date of Publication: Feb 7, 2020, 13 Pages
US$4,500.00
IDC-US45913620

This study presents a five-year forecast for the U.S. smart home device market.

The underlying driving force of the market is services. While device elements such as design and reliability are necessary for success, differentiation and margins lie elsewhere. IoT-enabled consumer products are accelerating the consolidation of value in services while diminishing the margins in the devices themselves. The breadth, depth, uniqueness, and quality of data sets will increasingly determine the value potential of a consumer IoT vendor, and as device margins fall, the role of devices will largely be relegated to vehicles for service delivery.

U.S. Smart Home Device Forecast, 2020–2024
TABLE OF CONTENTS


List of Attachments
Market Forecast Figure
Figure: U.S. Smart Home Device Shipment Snapshot
Executive Summary
Advice for Technology Suppliers
Market Forecast
Shipments Forecast by Product
Table: U.S. Smart Home Device Shipments by Device Type, 2019–2024 (M)
Shipments Forecast by Value
Table: U.S. Smart Home Device Value of Shipments by Device Type, 2019–2024 ($M)
Figure: U.S. Smart Home Device Value of Shipments by Device Type, 2019–2024
Market Context
Drivers and Inhibitors
Drivers
High Broadband Penetration
Smart Assistants
Inhibitors
Privacy/Security Concerns
Costs of Devices and Services
Significant Market Developments
Changes from Prior Forecast
Table: U.S. Smart Home Device Shipments, 2017–2024: Comparison of August 2019 and January 2020 Forecasts (M)
Figure: U.S. Smart Home Device Shipments, 2017–2024: Comparison of August 2019 and January 2020 Forecasts
Market Definition
Methodology
Related Research

 

Date of Publication:
Feb 7, 2020
File Format:
PDF via E-mail
Number of Pages:
13 Pages