The following is the In 2020, Q4 European smart home market will deliver 41 million units, up 12.2% year on year From IDC recommended by recordtrend.com. And this article belongs to the classification: IDC, Smart home, Hardware equipment industry.
According to the latest data released by IDC, the European smart home market increased by 12.2% in the fourth quarter of 2020 compared with the same period last year, with a significant increase. This means that more than 41 million units were sold during this period. Looking ahead, IDC predicts that by 2025, Europe will have 210 million smart home devices, with a CAGR of 14.94% from 2020 to 2025.
Explaining the reasons for this remarkable growth, Jan prenosil, senior research analyst for smart home devices in central and Eastern Europe (CEE), continued
The smart home market in central and Eastern Europe grew by 6.4% year on year, with video entertainment as the main driving force. Smart speakers recorded steady growth, mainly in Russia, where the popularity of local manufacturers is growing steadily.
We see that other categories related to home products have also achieved good results, such as home monitoring and safety, thermostat and lighting. During the epidemic period, the structure of household expenditure has changed, and consumers pay more attention to improving their home furnishings. This has led to increased interest in smart devices as part of these improvements.
For now, Amazon is the biggest seller of smart home devices (with a market share of 18.1%). Google was second (12.5%), followed by Samsung (11.9%). LG (10.5%) and Sony (4.7%) finished fourth and fifth. Nearly 42% of the market is controlled by other manufacturers. If you are more interested in the types of units sold and their forecast values for 2025, you will want to see the graph below.
IDC: it is estimated that the global shipment of smart home devices will reach 854 million in 2020, a year-on-year increase of 4.1% IDC: in Q1 of 2019, the global shipment of smart home devices will reach 168.6 million, a year-on-year increase of 37.3% IDC: it is estimated that the global shipment of smart home devices will reach 832.7 million in 2019 With a year-on-year growth of 26.9%, IDC: it is estimated that 67% of smart home devices will be able to access the home Internet platform in 2019. IDC: in 2018, the shipment volume of China’s smart home market is expected to reach 150 million units. IDC: in the third quarter of 2020, the shipment volume of China’s smart home device market is about 5, IDC: Top 10 forecasts of China’s smart home market in 2019 IDC: Smart Home Internet platform foreign analysts say China’s local voice assistant rises, Amazon and Google fail to penetrate IDC: Global wearable device market sales will reach 444.7 million in 2020 Up 28.4% year on year IDC: PC monitor market shipment in 2020 increased 8.3% year on year IDC: Global intelligent device shipment in Q3 in 2012 reached 303.6 million, up 27.1% year on year emarketer: it is estimated that the monthly active users of smart speakers in the United States will reach 35.6 million in 2017 Argus insights: the proportion of users interested in smart home will drop 15% in May 2015 economist: smart home has a long way to go Science and technology giants actively layout
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