target audience: TECH SUPPLIER Publication date: Apr 2023 - Document type: Market Forecast - Doc Document number: # US50569223
U.S. Smart Home Device Forecast, 2023–2027
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Abstract
This IDC study provides a forecast for the U.S. smart home device market for the 2023–2027 period.
"The U.S. smart home device market is in a period of volatility," says Adam Wright, research manager for IDC's Smart Home research program. "High installed bases of devices coupled with issues of underutilization, ongoing disruptions form supply chains, logistics issues, high inflation, and record-high credit card debt have impacted the market's growth in 2022 and are expected to continue to put downward pressure on the market for the foreseeable future."