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Smart Home

  • The launch of WiFi6 and WiFi6e will accelerate chip shipments because of higher demand for consumer Wi-Fi-enabled devices such as smart home appliances and AR/VR HMDs. / IAB
  • The growing popularity of smart speakers that are likely to reach 55% of US homes by 2022 will undoubtedly push up voice searches that keep growing steadily. / The European Business Review
  • Home monitoring and security devices like smart cameras and smart locks will account for 21.2% of the shipments in 2025 with a CAGR of 13.0%. / Back End News
  • The Nest Hub could eventually be integrated with other smart devices for a smart home approach to health and wellness. / Mobihealthnews
  • Major players, including Apple, Qualcomm, Sony, and Amazon, will continue investing in the development of smart consumer products such as Augmented Reality (AR) smartglasses, smartphones, wearables, smart home devices, and consumer robotics to meet exacting consumer needs in a post-pandemic world. / ABI Research
  • Google's growing range of smart-home products has seen considerable investment and remains one of Alphabet's strongest potential growth opportunities, reflecting heightened consumer interest in smart-home products. / CB Insights Research
  • An alliance sponsored by Apple, Google, Amazon and other tech companies will begin certifying smart home devices later in 2021 using a network technology called Matter, an important step toward making smart home products like smart speakers and lightbulbs more widely accepted. / CNet
  • Developed as a performance enhancement tool for Google's smart tech, Thread and Matter will join forces to provide faster and stronger connections for your entire smart home system. / Digital Trends
  • Smart speakers will include their rapid growth and also enable even faster smart home adoption with sales predicted to increase by more than 50% in the next few years. / Tech Guide
  • As customers renew their policies with more data-driven offerings, US$ 140 billion of current insurance revenues could shift from traditional to tech-enabled insurance products, including behaviour-based insurance for vehicles and smart homes. / Insurance Business
  • Smart sensors are just one of the smart home devices that will contribute to an estimated 482.8 million smart homes by 2025. / Digital Insurance
  • The compound annual growth rate of smart home device shipments in China is expected to stand at 21.9% in the next five years. / Xinhua
  • The installed base of smart home products will increase in the coming years and there is an exponential effect in the number of products in each household. / IDC: The premier global market intelligence company
  • In 2025, the smart home market is expected to reach almost 210 million units in Europe and grow at a compound annual growth rate of 14.94% in 2020-2025. / IDC: The premier global market intelligence company
  • Home monitoring / security devices like smart cameras and smart locks will account for 21.2% of the shipments in 2025 with a CAGR of 13.0%. / IDC: The premier global market intelligence company
  • Shipments are forecast to surpass 1.4 billion in 2025 with a five-year compound annual growth rate of 12.2% as consumers seek out additional conveniences brought about by home automation products and ambient computing through smart speakers and other products continues to rise. / IDC: The premier global market intelligence company
  • The number of smart home devices shipped in 2020 rose 4.5% year-on-year to 801.5 million, and could pass 1.4 billion in 2025. / Telecom Paper
  • Government initiatives towards energy efficiency and smart cities are expected to further spur the growth of the intelligent homes market in the Middle East in the coming years. / International Telecommunications Union
  • Due to the potential applications of smart homes in various industries, the smart space industry will thrive more in the next few years. / The News Rabbit
  • Management expects accelerating growth for 2021, driven by strong demand in markets such as portable medical, smart home, industrial, automation, solar energy and electric vehicles. / Yahoo Finance
  • By 2030, people could use advanced smart glasses to teleport to locations like other people's homes, and speak to them as if they are physically present, allowing in-person meetings to be replaced by a headset-based digital experience. / CNBC
  • North America in 2023 is expected to have 40% of the worldwide market of consumer spending on smart home systems like smart assistants, smart speakers and smart door locks and light switches. / Business Telegraph
  • Smart home devices are set to become so ubiquitous that Smart Home Services pioneer, Plume, estimates that by 2024, we will see an average of 38 devices per home in many regions. / Totaltelecom

Last updated: 20 June 2021